ETH Weekly | Berlin hard fork will be carried out in June 2020 at the latest; nearly 70% of ETH holders are still at a loss (10.28-11.3)
Author | Qin Xiaofeng
Author | Qin Xiaofeng
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1. Overall overview
1. Overall overview
On November 1, PegaSys Protocol Engineering product manager Tim Beiko tweeted that after the Istanbul hard fork (set for December 4), the Ethereum Berlin hard fork will be considered. “Given that the Ice Age (difficulty bomb) is coming in July, if we want to adopt the new model and fork on the third Wednesday, the upgrade should be done on the mainnet by late June 2020 at the latest.”
Second, the secondary market
Second, the secondary market
1. Spot market
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(ETH daily chart, picture from OKEx)
(ETH daily chart, picture from OKEx)
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(data from AIcoin)
(data from AIcoin)
In terms of funds, the funds fluctuated greatly this week. The net outflow of funds was the largest on Wednesday, exceeding 60 million U.S. dollars; the net inflow of funds on Tuesday was relatively high, exceeding 20 million U.S. dollars.
(data from Tokenview)
(data from Tokenview)
Tokenview dataimage description
(more than 50,000 ETH transfers)
3. Ecology and technology
3. Ecology and technology
1. Development and technology
(1) The Berlin hard fork of Ethereum will be carried out in June 2020 at the latest, and the specific time is to be determined
On November 1, PegaSys Protocol Engineering product manager Tim Beiko tweeted that after the Istanbul hard fork (set for December 4), the Ethereum Berlin hard fork will be considered. “Given that the Ice Age (difficulty bomb) is coming in July, if we want to adopt the new model and fork on the third Wednesday, the upgrade should be done on the mainnet by late June 2020 at the latest.”
(2) Ethereum may increase the block size from 1 MB to 8 MB
Ethereum is partially addressing many of the complexities of sharding by simply increasing the block size from about 1 MB every 10 minutes to about 8 MB. Ethereum 2.0 coordinator Danny Ryan publicly stated: "According to recent research on safe block size and propagation time, we are making blocks larger, so the data availability of the system is still > 1 MB/s, so in the execution You can still get similar scalability gains with operations like ZKrollup and OVM.”
(3) The development of Lighthouse, the main client of Ethereum 2.0, has entered the final stage
(4) The Ethereum wallet MyEtherWallet updates the Google Chrome extension
Ethereum development firm CasperLabs has announced the launch of “Highway,” which it claims is the first implementation of the provably secure and reliable Casper PoS mechanism. Highway (this particular version) has been released as open-source software, with the first version of the protocol released last May. (Cointelegraph)
2.DEX
according toDAppTotal.com DEXimage description
(picture fromDAppTotal.com DEX）
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3.Dapp
according toDappreview dataDappreview data
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(data from etherchain.org)
etherchain.org(Mining difficulty changes)
(Mining difficulty changes)
4. News
1. Report: Nearly 70% of Ethereum holders are still at a loss
2. V God: I am not optimistic about the setting of the large-scale institutional alliance blockchain, it is difficult to make it truly decentralized
Vitalik Buterin, the founder of Ethereum, said in an interview recently that the biggest challenge in creating Ethereum is not a technical challenge, but a social challenge. On the issue of security, V God proposed a method of social recovery, storing funds in a smart contract protected by a private key, and the other five keys are held by other trusted people. If the private key is lost, the smart contract can be programmed to restore the wallet if 3 of the 5 keys are used.
3. Co-founder of Ethereum: Ethereum 2.0 will help reduce hardware waste
