ETH Weekly | ETH2.0 may be officially released in November; miners’ income in August hit a 25-month high, 40% came from transaction fees (9.7-9.13)

秦晓峰

Odaily资深作者

@QinXiaofeng888

2020-09-14 08:35 (UTC+8)

This article is about 3592 words, reading the full article takes about 6 minutes

Ethereum whales increased their open interest by 84% in August.

AI Summary

Expand

Ethereum whales increased their open interest by 84% in August.

Author | Qin Xiaofeng

secondary title

Produced | Odaily

1. Overall overview

Second, the secondary market

1. Spot market

image description

(ETH daily chart, picture from OKEx)

image description

(data from BiNuNiu)

In terms of capital, capital fluctuated greatly last week: the net inflows of funds were relatively large on Thursday and Sunday, which were US$93 million and US$50 million respectively; the net outflow of funds was the largest on Tuesday, exceeding US$45 million.

(data from Tokenview)

(data from Tokenview)

Tokenview dataIt shows that the number of transfers on the chain decreased slightly last week, and the number of large-value transfers of "above 5,000 ETH" and "above 10,000 ETH" decreased by 19% and 22.5% month-on-month, but the number of large-amount transfers of "above 50,000 ETH" increased by 66% month-on-month. %, the frequency of transactions in the giant whale account has increased significantly; combined with the price trend, there is still a demand for rebound in the short term.

OKlink dataOKlink data

It shows that the top 300 ETH holdings currently hold a total of 51.37% of ETH, an increase of 0.4% month-on-month; the entire position distribution presents an oval structure, and the proportions of each part are: 1st to 100th, accounting for 35.47%, a month-on-month increase 0.27%; No. 101-300, accounting for 15.9%, up 0.13% month-on-month; No. 301-500, accounting for 6.47%, up 0.09% month-on-month; No. 501-1000, accounting for 7.2%, down 0.12% month-on-month ; After the 1001st place, accounting for 35%, a decrease of 0.36% from the previous month.Santiment3. Ecology and technology

3. Ecology and technology

1. Development and technology

（1）1. Development and technology

Developer: If all goes well, Ethereum 2.0 may be officially released in November

Ethereum developer Raul Jordan said that if all goes well, Ethereum 2.0 may be officially released in November. With less than 60 days to go until November, the prospect of ETH 2.0 launching before the end of the year may be the reason why Ethereum whales continue to accumulate ETH. Note: Raul Jordan is currently the lead of one of the eight development teams building software clients for Ethereum 2.0. (EWN)

(2) Ethereum client Geth has launched version v1.9.21

On September 9, Ethereum core developer Péter Szilágyi tweeted that the Ethereum client Geth has launched version v1.9.21. It is reported that this version deletes the identity-based communication system whisper, which can quickly synchronize the memory to maintain stability, and fixes the memory problem that caused the crash.

(3) V God: Status is currently under spam attack

On September 8, Vitalik, the co-founder of Ethereum, tweeted that Status (@ethstatus) was being attacked by spam. Because so many accounts are involved, you can't just lock down an account to eliminate spam. How to defend against such events will be an interesting and important challenge. V God also gave some solutions, including subscribing to other people's blacklists, using cryptoeconomics to expand management, and so on.

It is reported that Status is an Ethereum-based client application that can send messages instantly. It is also a built-in wallet and DApp browser that allows people using the Ethereum decentralized protocol to send encrypted messages, smart contracts and digital currencies to each other. SNT tokens serve the Status network and can be used for decentralized push market notifications, community management, etc.

(4) The founding team of Loopring invests in "Community Edition TON"

2. Voice of the Community

2. Voice of the Community

Ethereum Ethereum

Co-Founder: Ethereum 2.0 is Coming, Enterprise Adoption Still Takes Time

Ethereum co-founder and ConsenSys founder Joseph Lubin said in an interview that Ethereum 2.0 is coming and is now in the middle of what they consider the final testnet. Among the many Ethereum 2.0 clients built by different teams, there have been many smooth operations on the testnet. Although Ethereum 2.0 has made significant progress, it is important to point out that enterprise adoption may take some time. Lubin commented that the third phase of Ethereum 2.0 will take place in the second half of 2021 or sometime in 2022. Once that happens, there will be the ability to smoothly accept clients from Ethereum 1.0. (Cointelegraph)

When the participation rate of the Ethereum 2.0 test network is too low, the giant whale withdraws or causes failure

Developer Raul Jordan said that the participation rate is estimated to be around 99%. If an attacker wants to attack, he needs 25,000 verification nodes with a pledge of 33%, which is worth about $100 million, and the attack will cause losses to multiple parties, including the attacker himself. (Decrypt)

3. Borrowing

Defipulseimage description

(Lock value on the DeFi chain)

Specifically, last week, ETH mortgages dropped from 6.482 million to 2.963 million, a drop of 54.2%; BTC mortgages increased from 76,218 to 92,734, an increase of 21.6%.

From the perspective of a single project, the top three lock-up values are:
Aave: US$1.57 billion, up 18.9% month-on-month;
image description

4. Mining

(data from etherchain.org)

etherchain.orgThe data shows that the average computing power has increased by about 4.5% month-on-month, temporarily reporting 244.3 TH/s; the average mining difficulty has increased by 6% month-on-month, temporarily reporting 3111 T; new addresses have increased by 28% month-on-month; last week the network tended to be normal, Ethereum It is recommended that the Gas fee be reduced to below 100Gwei, the Gas fee will drop, and the total mining income will drop by 40%.