ETH Weekly | V God: It is possible to merge Eth 1 and Eth 2 directly; Ethereum completes the "Muir Glacier" hard fork (12.30-1.5)

Author | Qin Xiaofeng

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Produced | Odaily

1. Overall overview

1. Overall overview

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 BiNuNiu)

(data from BiNuNiu)

In terms of capital, capital fluctuated greatly last week, with the largest net inflow of funds on Friday, exceeding US$10 million; and the largest net outflow of funds on Tuesday, exceeding US$13 million.

(data from Tokenview)       

(data from Tokenview)

Tokenview dataIt shows that the number of transfers on the chain dropped sharply last week. Among them, the number of transfers of "above 5,000 ETH" and "above 50,000 ETH" decreased by 25% and 66% month-on-month, respectively, and the number of transfers of "above 10,000 ETH" increased by 13% month-on-month.

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3. Ecology and technology

3. Ecology and technology

1. Development and technology

1. Development and technology

(1) V God: At present, the biggest possibility is to directly merge Eth 1 and Eth 2

Recently, when answering questions in the Ethereum 2.0 Chinese community about the additional issuance of ETH and BETH Token in the new and old chains of Eth 1 and Eth 2, and whether the two-way transfer of assets in the old and new chains will be realized as soon as possible through a two-way bridge V God said that both Eth 1 chain and Eth 2 chain will issue additional Tokens, Eth 2 is a PoS reward, and the PoW chain is a mining reward. After the two chains are merged, ETH and BETH will become a Token. At the same time, V God replied that the most likely plan now is not to do a two-way bridge between the old and new chains, but to merge directly as soon as possible. (Block Beats)

(2) Moloch DAO, the governance project of Ethereum, completed the contract development of v2 version

"Moloch DAO" is an open source community governance protocol, launched in February 2019, with the purpose of introducing a decentralized governance model to solve the problems of slow development of ETH2.0 and insufficient incentives for developers. At present, it has received a total of more than 1.5 million US dollars in financial support, of which Vitalik Buterin, the founder of Ethereum, and Joe Lubin, the founder of ConsenSys, each provided 1,000 ETH for the project. (Twitter)

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.orgThe data shows that the average computing power has increased by 9.2% month-on-month, temporarily reporting 169.3TH/s; with the completion of the "Muir Glacier" hard fork, the difficulty of mining has been reduced to 2074 T, and the block generation time has been shortened to 13.3 seconds. With an increase of 10%, the daily mining income rose to more than 13,000 ETH.

(Mining difficulty changes)

4. News

4. News

1. The Ethereum mainnet has activated the "Muir Glacier" upgrade

On January 2, the Ethereum block height of 9200000 completed the "Muir Glacier (Muir Glacier)" hard fork upgrade. This hard fork solution aims to delay the difficulty bomb again. After the hard fork is upgraded, the difficulty bomb will be frozen before 4 million new blocks are mined, which means that Ethereum will not be affected by it for at least the next few years. The threat of a difficulty bomb.

2. Data: 75% of DeFi applications are active on Ethereum

According to data from blockchain analytics site Dapp.com, the growth of DeFi applications has been concentrated this year on the Ethereum blockchain. According to Dapp.com, more than 75% of DeFi applications are active on Ethereum. (CoinDesk)

3. MakerDAO community rejects security proposal aimed at addressing ETH collateral risk

The MakerDAO community has failed to pass an executive vote on a security proposal designed to prevent would-be developers from losing all of their Ethereum (ETH) collateral. Mariano Conti, head of smart contracts at MakerDAO, said the vote was close, but ultimately failed. Conti said there will be another vote on the Governance Security Module (GSM) in the future. (The Block)

4. Analysts predict that ETH will rise sharply in the next few months

Three analysts predict that ETH, the second-largest cryptocurrency by market capitalization, will rise sharply in the coming months. Analyst Manu Naik pointed out last week that the daily chart of ETH/USD is in a downtrend with a 68% chance of a breakout to the upside, with $128 at the lower end, meaning Naik’s prediction that ETH could break through $240 in mid-January is possible Become reality. Analyst Scott Melker tweeted on New Year's Eve that he believes that the Ethereum network looks better than Bitcoin at the moment, and that ETH will rebound from important support levels, putting it in a good position to rise. In addition, analyst DonAlt tweeted on December 31 that he is pretty sure that ETH will rebound in the next 3 to 6 months. (Cointelegraph)

5. Google has allowed MetaMask to re-list the Google Play app store

The Ethereum light wallet MetaMask officially tweeted: "Google has allowed the MetaMask mobile app to be re-listed on the Google Play (Android) app store. Thanks to everyone who believes in the open network for supporting us."

6. There is a problem with the Parity node synchronizing the Ethereum main network

On December 31, Parity issued an announcement saying that there was a problem with the synchronization of the Parity node to the Ethereum mainnet, and after the investigation report, it was believed that the attack may still be in progress. Parity reminds users to update to the latest client version v2.6.8-beta & v2.5.13 as soon as possible to prevent attacks.

Previously, Parity Technologies announced that it would no longer operate the Parity Ethereum client, and would hand over the ownership of the code base and the maintenance of the project to a decentralized autonomous organization (DAO) - OpenEthereum DAO.

7. Ethereum developer Virgil Griffith to be released on bail at his parents' home