ETH Weekly | More than 350 companies have built on the Ethereum protocol; the value of DeFi applications locked on Ethereum will exceed $1 billion in 2020 (1.13-1.19)

Author | Qin Xiaofeng

Author | Qin Xiaofeng

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)

(data from Tokenview)

3. Large transaction      

(data from Tokenview)

Tokenview dataIt shows that the number of transfers on the chain increased sharply last week, among which the number of transfers of "over 5,000 ETH" and "over 10,000 ETH" increased by 45% and 21% month-on-month, respectively.

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3. Ecology and technology

3. Ecology and technology

1. Development and technology

1. Development and technology

(1) Ethereum 2.0 testnet verifiers reached 22,000

Last week, Prysmatic Labs client developer Preston van Loon said that there are currently more than 22,000 verifiers on the Ethereum 2.0 testnet running with 100% participation. He said that a total of 70 nodes is a great achievement for the test network, which also shows that there is a lot of interest in the launch of the Ethereum test network. Prysmatic Labs also called out that hackers can try to use the network while it is on the testnet.

According to V God's estimation, switching to the Staking mode may lock about 10 million ETH. The annual inflation rate of ETH will increase slightly, and the annual interest rate may reach around 6%. The staked ETH rewards are variable, the more ETH staked, the less rewards will be distributed proportionally. This approach prevents whales from stealing most of the rewards while having undue influence. (Bitcoinist)

(2) The developer successfully runs the Ethereum 2.0 client Nimbus on an Android phone

The Ethereum 2.0 client Nimbus published a community article, and the developer introduced the method of compiling and running the Nimbus client on an Android phone. The Nimbus client is positioned as an "Ethereum 2.0 shard client for resource-constrained devices". Nimbus already supports running on the most popular development board, the Raspberry Pi (model 3B+).

The Enterprise Ethereum Alliance (EEA) has launched a testbed and expects certified, branded, unified commercial use by the end of 2020. It is reported that the EEA testnet will operate as a pre-certified sandbox, where forks of Ethereum can be standardized according to certain specifications previously set by the EEA, which will allow them to interoperate with each other. With hundreds of companies now developing enterprise versions of Ethereum, and a whole new class of industry players joining the ranks through Besu, Hyperledger’s Ethereum-based public chain project, standardization is a priority. (CoinDesk)

2.DEX

according toDAppTotal.com DEXimage description

(picture fromDAppTotal.com DEX）

according to

3.Dapp

according toDappreview dataDappreview data

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(data from etherchain.org)

etherchain.org(Mining difficulty changes)

(Mining difficulty changes)

4. News

4. News

1. The Reserve Bank of Australia conducts a simulation test of running a CBDC on the Ethereum network payment system

The Reserve Bank of Australia (RBA) recently revealed that it simulated the use of a central bank digital currency (CBDC) in a wholesale payment system based on the Ethereum network to investigate the possibility of a central bank digital currency. (Bitcoinist)

2. More than 350 companies built on the Ethereum protocol

Recently, a list shared by investor Adam Cochran on Twitter shows that in addition to the Ethereum Foundation and ConSensys, more than 359 projects are building on the Ethereum protocol. Brands on the list include: Nike, Barclays, TD Ameritrade, FedEx, Microsoft, Intel, Amazon, American Express, Samsung, McDonald's and many more. (Twitter)

3. Report: The value of DeFi applications locked on Ethereum will exceed $1 billion in 2020

According to a recent report by CoinGecko, DeFi will continue to advance in 2020. The total value of DeFi applications locked on the Ethereum blockchain will exceed $1 billion, and there will be more than 100 DeFi applications by the end of the year. Prices appear on other smart contract platforms. (AMBCrypto)

4. Report: 20,520 Ethereum has been stolen by Upbit and has been laundered by hackers

According to the latest report released by Uppala Security, a total of 20,520 Ethereum stolen from the cryptocurrency exchange Upbit have been transferred to the exchange in small amounts by hackers for money laundering. The trading platforms used by hackers to launder money include Huobi, Bittrex, Bitfinex and other exchanges. The report also stated that hackers are still trying to launder the remainder of the stolen 342,000 ETH without any restrictions. (Crypto Globe)

5. V God: The Bitcoin community has a unified thinking, and the Ethereum community lacks purpose

Recently, in the discussion of the community, V God said that the Ethereum community currently lacks unity of purpose, while the Bitcoin community has a very unified ideological goal.

When discussing the value of the community, V God mentioned: "The Bitcoin community now has a big advantage: they have a rich ideological system, and many people are thinking about the role of Bitcoin in the world, what exactly do they do? What. Like Tuur Demeester and Daniel Krawisz writing about Austrian economics, and Paul Sztorc.”