ETH Weekly Report | ETH broke through $400 strongly, hitting a two-year high; the total amount of MakerDao stablecoin DAI exceeded 300 million pieces (7.27-8.2)

秦晓峰

Odaily资深作者

@QinXiaofeng888

2020-08-03 08:12 (UTC+8)

This article is about 4237 words, reading the full article takes about 7 minutes

It has risen by nearly 20% in a week, have you been thrown out of the car?

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It has risen by nearly 20% in a week, have you been thrown out of the car?

Author | Qin Xiaofeng

Produced | Odaily

1. Overall overview

Second, the secondary market

1. Spot market

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(ETH daily chart, picture from OKEx)

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(data from BiNuNiu)

(data from Tokenview)

3. Large transaction

(data from Tokenview)

Tokenview dataTokenview data

Last week, there were a total of 20 transfers of "more than 50,000 ETH", and the maximum transfer amount was 187,800 ETH, which was transferred between Binance internal wallet addresses. There was another transfer totaling 100,000 ETH, which was also Binance internal wallet address Mutual transfer; 4 transfers were between Bitfinex wallet addresses, totaling 200,000 ETH; 65,000 ETH was transferred from the Nexo wallet address, and 45,000 ETH was transferred from the wallet to another address; the remaining transfer addresses are unknown.

OKlink data3. Ecology and technology

3. Ecology and technology

1. Development and technology

1. Development and technology

(1) Ethereum 2.0 multi-client test network Medalla has met the launch requirements

On August 1, Medalla, the Ethereum 2.0 multi-client test network, met the launch requirement of depositing at least 524,000 ETH into smart contracts.

(2) Ethereum developers released version 0.7.0 of the Solidity programming language

On July 29, Ethereum developers released version 0.7.0 of the Solidity programming language. Officially, Solidity 0.7.0 is a major update to the Solidity language and compiler. This version removes the external storage mapping feature, the keyword "var", and constructors no longer require default visibility (Visibility), and also made some syntax changes. The official recommendation is to upgrade all code to be compatible with Solidity v.0.7.0. (Solidity)

On July 28, the founder of EthereumV GodV God

Today, when replying to netizens on Twitter, he said that eth2 is already parallel, because sharding is a kind of parallelization. But I think the real question is: do the benefits of sharding and intra-shard parallelization stack? Unfortunately, the answer is a resounding "no." The reasons are as follows:
Not all nodes will only run one shard; some nodes will run multiple shards (e.g. validators who stake at least 64+ETH);
For the validator use case, the limit is not only the time to validate a block, but also the original cost of validation;
We already have other ways to take advantage of multi-threadedness, such as verifying hashes and signatures.

2. Voice of the Community

2. Voice of the Community

(1) Ethereum developers: Once Layer 2 and ETH2 develop at full speed, the position of other protocols may be worrying

On July 28, Ethereum developer Philippe Castonguay tweeted that now is a good time for various new Layer 1 protocols to steal Ethereum users. Because once Layer 2 and ETH2 reach full speed, the so-called low-fee and high-throughput claims of (those protocols) will be difficult to convince. And that also means that you don't have much time to act. On the evening of July 27th, Ethereum has officially launched the beta version of the eth2 validator launchpad.

(2) Vitalik: DeFi users underestimate the risks of smart contracts

When talking about the next five years of Ethereum, V God said that it will be "very important" to complete Ethereum 2.0. The PoS upgrade program is currently expected to go live by the end of 2020, but has encountered multiple delays. In addition, he hopes that Ethereum can make great progress in mainstream applications and become a part of people's lives. "I think it's going to be a great place to develop the technology to the point where it allows people from all over the world to get value from Ethereum and do both of those things at the same time." (U.Today)

3.DEX

according toDAppTotal.com DEXaccording to

In addition, the seven-day trading volume of MOV dropped the most, reaching 10.18%; the seven-day trading volume of TokenTrove increased the most, reaching 205.98%.

4. Borrowing

Defipulseimage description

(Lock value on the DeFi chain)

according to

5.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 5.2% month-on-month, temporarily reporting 202.2 TH/s; the average mining difficulty has increased by 4.9% month-on-month, temporarily reporting 2521 T; the activity of miners has increased, and the number of new addresses has increased by 35% month-on-month; Congestion, increased Gas fees, and total mining revenue increased by 2.16%.

4. News

1.3iQ submits public offering application for its Ethereum Fund

On July 27, Canadian investment fund management company 3iQ has submitted a public offering application for its Ethereum Fund (Ether Fund), and has received preliminary approval from Canadian regulators. It is reported that the fund is a closed-end investment fund managed by 3iQ, and plans to raise a minimum of US$10.75 million and a maximum of US$107.5 million by issuing Class A shares ($10.75) and Class F shares ($10.53). Like the firm's earlier Bitcoin Fund, the Ethereum Fund plans to list and trade on the Toronto Stock Exchange (TSX). (Bitcoin.com)

2. Analysis: The active addresses of Ethereum exceeded 500,000, and the new users mainly came from the upsurge of DeFi and liquidity mining

Portal Network founder Christopher Shen quoted Messari data as saying that the number of active Ethereum addresses exceeded 500,000. This wave of new users is mainly attracted by DeFi and yield farming. Unlike 2017, they are motivated to learn to use smart contracts. Metamask is not only used to send tokens to ICOs, and DApps do have use cases and can be used for DeFi .

3. Data: The daily income of Ethereum miners rose by more than 60% in one month

CoinMetrics data shows that Ethereum miners can earn 5,800 ETH per day from transaction fees alone, which currently accounts for 30% of their total income.

Data tracked by Sparkpool mining pool shows that the daily revenue of Ethereum miners has soared by more than 60% in a month, outpacing the increase in ETH price during the same period. (CoinDesk)

4. The total amount of MakerDao stablecoin Dai exceeds 300 million piecesDai Stats data shows that on July 29, the total number of MakerDao stablecoin Dai exceeded 300 million, reaching 301 million. Among them, 76.28% of Dai is generated by mortgaging ETH, 15.78% of Dai is generated by mortgaging USDC, and 6.62% of Dai is generated by mortgaging WBTC. Currently, more than 2.38 million Ethereum and 3774 Bitcoin (WBTC) are locked in MakerDAO.

5. Report: Since the beginning of this year, 70% of the assets based on the Ethereum network have achieved positive returns

According to the latest report released by encryption market analysis company Messari, there are currently 178 assets on the Ethereum network with a total market value of $63.7 billion. Including stablecoins, 124 assets achieved positive returns during the year, which means that despite the impact of the global economy during the new crown pneumonia epidemic, 70% of assets based on Ethereum have appreciated in value. Among them, a third of tokens more than doubled their market capitalization, and 10 tokens recorded gains of more than 500%, including major decentralized financial protocols Bancor (BNT) and Kyber Network (KNC). ETH itself ranks 41st among the strongest performing assets, up around 142% year-to-date. (Cointelegraph)

6. 20% of the DEX trading volume on the Ethereum network comes from DeFi aggregators