Author | Qin Xiaofeng
Produced | Odaily
Produced | Odaily
1. Overall overview
1. Overall overview
Second, the secondary market
Second, the secondary market
1. Spot market
According to OKEx market data, the price of ETH fluctuated upward last week, successfully breaking through $190, closing at $192.52 within the week, an increase of 17.88% in a week.
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(ETH weekly chart, picture from OKEx)
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(data from BiNuNiu)
(data from BiNuNiu)
In terms of funds, the funds fluctuated greatly last week. The net inflow of funds was the largest on Sunday, exceeding US$62 million; the net outflow of funds on Friday was the largest, exceeding US$14 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 10,000 ETH" both decreased by more than 30% month-on-month, and the number of transfers "above 50,000 ETH" increased by 100% month-on-month.
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3. Ecology and technology
3. Ecology and technology
1. Development and technology
1. Development and technology
(1) The Ethereum 2.0 mortgage contract is ready
The deposit contract for ETH 2.0 has passed the last hurdle, an end-to-end formal verification called "Runtime Verification". This means that the staking contract is now enforceable, and it is unclear whether it will launch first on the testnet or directly on the mainnet. Previously, ETH 2.0 coordinator Danny Ryan said last month that Runtime Verificaton would release its full formal verification, analysis and report within a month. Once published, the contract can be deployed. (TrustNodes)
(2) Vitalik: It is technically feasible for ETC to become the shard chain of Ethereum 2.0
When Vitalik Buterin answered the question on the Reddit forum about "If Ethereum 1.0 can become a shard chain of Ethereum 2.0, can ETC also become a shard chain of Ethereum 2.0", he made it clear that It is technically possible and explained that the same merge process can be used to import the state of ETC into ETH 2.0, and then the execution environment code of ETC will be enforced according to the exchange rate at the time of merger (or the exchange rate agreed in advance) and the beacon chain Different exchange rates for ETH. This is how to re-merge the two tokens.
(3) Developers: The conversion of Ethereum to PoS will not affect the projects built on it
Core Ethereum developer Tim Beiko was recently interviewed by BlockTV. Talking about the impact on projects based on the Ethereum mainnet after Ethereum switched from PoW to PoS, Beiko said that any concerns about this situation are unnecessary, because the conversion will be carried out gradually, not immediately.... .. Conservative projects may want to keep their applications on the ETH 1.0 chain for a longer period of time, and can stick to ETH 2.0 to gain more experience in functionality. (AMBCrypto)
(4) MetaMask is studying the solution of Ethereum transaction fees
Ethereum wallet MetaMask is working hard to develop a solution for Ethereum transaction fees. Ideally, the solution would allow DApps to pay these fees on behalf of users, which would enhance the user experience. MetaMask recently completed the Generalized MetaTransaction competition, aiming to find this solution. (FXStreet)
Covantis, a blockchain initiative backed by global agricultural giants such as Cargill, has chosen Ethereum-focused ConsenSys as a technology partner. ConsenSys will build an Ethereum-based blockchain platform to digitize the post-trade finance industry and bring efficiencies and cost savings to international agribusiness supply chains, Covantis said in a Jan. 23 press release. (Cointelegraph)
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. CFTC Chairman Heath Tarbert reiterates that Ethereum futures are coming
U.S. Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert reiterated in an interview with Bloomberg that Ethereum (ETH) futures are on the horizon. As early as October last year, Tarbert said that Ethereum futures could start trading in 2020, while saying that the CFTC was willing to give the green light to the new product. (U. Today)
A new report from the data platform Santiment shows that Ethereum miners have hoarded a large amount of ETH, and the miners' ETH holdings are expected to break through the highest level in history. Across the entire Ethereum miner ecosystem, ETH accumulation has been stable over the past three months. According to the report, the cumulative balance of all Ethereum mining pools is currently close to an all-time high of 1.69 million ETH, which shows that miners are confident in the future of ETH. (Daily Hodl)
3.EthereumEthereum
Developer Virgil Griffith pleads not guilty to conspiracy to breach
Ethereum developer Virgil Griffith has pleaded not guilty to conspiracy to violate the International Emergency Economic Powers Act. The next hearing is tentatively scheduled for March 17. Prior to the news on January 9, Virgil Griffith was formally charged with conspiracy to violate the International Emergency Economic Powers Act. He was accused of traveling to North Korea illegally and attended a blockchain conference, although the U.S. State Department has refused to authorize him to travel to North Korea. (CoinDesk)
4. Data: Most of MakerDAO’s asset value is concentrated in a few addresses
As of Jan. 17, roughly $400 million worth of collateral assets were locked in the MakerDAO protocol stability system, according to Digital Assets Data. At the same time, the amount of ETH locked in the Dai system reached an all-time high of nearly 2.5 million, or about 2.2% of the total ETH supply. Additionally, the value of DAI locked in DeFI recently increased to $50 million, a 65% year-over-year increase. Although the DeFi market has exploded over the past 12 months, activity has only occurred in a small fraction of addresses. On the old Maker protocol, about 155,000 CDPs were created on "single-collateral Sai". However, as of Jan. 15, 77% held less than 0.05 ETH ($8.10 at press time). Also, only one account holds 171,000 PETH, which is 27% of the total PETH. Again, most accounts are small in size, but these addresses only account for 4% of the total WETH locked. Meanwhile, there is one address that holds 15% of the locked value and another address that holds almost 8%. These two accounts hold nearly a quarter of the collateral. (CoinDesk)
5. Swiss regulators approve blockchain firm Overture's compliant IPO on Ethereum
According to news from Cointelegraph on January 29, Swiss regulators have approved blockchain company Overture to conduct its first fully compliant initial public offering (IPO) on Ethereum. It is reported that Overture will use the smart contract provided by the Zug-based European digital asset exchange EURO DAXX to conduct a compliant IPO on the Ethereum blockchain and issue Class A common shares. (Cointelegraph)
6. The Ethereum privacy trading tool Tornado.cash leaked transaction details of some users due to a UI bug
Tornado.cash, an Ethereum private trading tool, has leaked some users' transaction details due to a user interface bug. The vulnerability report shows that 12 addresses and transactions totaling 13.2 ETH (approximately $2,416) were affected in the process. The platform stated that the vulnerability has been fixed, and at the same time requires users who deposit through the designated 12 addresses to withdraw as soon as possible and re-deposit immediately. (News Logical)
7. Zenith Ventures consultant: the best return on investment in the future will come from Ethereum DApps
