ETH Weekly | Eth2.0 Genesis block will be launched in November; Ankr launches Eth2.0 mortgage and liquidity DeFi protocol Stkr (10.19-10.25)
Author | Qin Xiaofeng
Author | Qin Xiaofeng
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1. Overall overview
1. Overall overviewDanny RyanOn October 22, the leader of the Ethereum 2.0 project
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 funds, the net outflow of funds began last Friday, with the largest net outflow close to 70 million US dollars (Sunday); the largest net inflow close to 90 million US dollars (Wednesday).
(data from Tokenview)

(data from Tokenview)
Tokenview dataIt shows that the number of transfers on the chain increased sharply last week, and the number of large-value transfers of "above 5,000 ETH" and "above 50,000 ETH" increased by 22.75% and 166.67% month-on-month, but the number of large-amount transfers of "above 10,000 ETH" decreased by 47% month-on-month. %, the frequency of giant whale account transactions has increased; combined with the price trend, the increase is mainly related to the buying of giant whales and small investors, but combined with the status of capital outflows in the next few days, many profit-making positions have been cashed out.

OKlink dataIt shows that the current top 300 ETH holdings hold a total of 51.52% of ETH, a month-on-month decrease of 0.09%. 0.19%; 101st to 300th, accounting for 15.95%, up 0.1% from the previous month; 301st to 500th, accounting for 6.4%, up 0.02% from the previous month; 501st to 1000th, accounting for 7.17%, up 0.04% from the previous month; After the 1001st place, accounting for 34.93%, a month-on-month increase of 0.04%.
3. Ecology and technology
3. Ecology and technology
(1) Ethereum EIP-1559 progress update: DoS risk is still the biggest obstacle to implementation
On October 19th, ConsenSys senior product manager Tim Beiko posted an update on the progress of the Ethereum EIP-1559 proposal. According to the article, the biggest obstacle to landing EIP-1559 is still the DoS risk issue, but there are already some solutions. In addition he stated:
Besu and Nethermind clients are synchronizing to the 1559 test network, and are debugging the Geth consensus problem, and a lot of research and development work is in progress; in the next step, there will be more progress on the GethBesu Nethermind test network, and we hope to start a PoW network to test support for EIP-1559 mining mine;
The mainnet readiness checklist is online; the Ethereum Cat Herders in the community have released a community survey report on the EIP-1559 proposal; in the next step, the Ethereum Cat Herders will have more contacts with wallets and exchanges, to collect feedback on 1559.
(2) Data: The daily number of new smart contracts on the Ethereum network reaches 309
On October 22, cloud computing service provider Ankr announced the launch of Stkr, an ETH 2.0 mortgage and liquidity DeFi protocol. In order to enable ETH 2.0 for holders who are not satisfied with 32 ETH, Sktr introduced a proprietary solution Micropools. Only need a minimum of 0.5 ETH to mortgage through Stkr, and the system will automatically (can be manually selected) allocate the best provider. Investing your ETH into Stkr will earn you the same amount of aETH, a synthetic asset that acts as a liquid bridge between collateralized ETH 2.0 and the regular Ethereum network. (Ankr)
2. Voice of the Community
2. Voice of the Community
ETH 2.0 project leader: Genesis block is expected to start in NovemberDanny RyanOn October 22, the leader of the Ethereum 2.0 project
In addition, Danny Ryan said that the Ethereum 2.0 deposit contract will be launched within two weeks. He said that the first version of the Ethereum 2.0 specification must be launched first, and then the deposit contract will be launched. There are two reasons why they haven't released the final 2.0 specification, the main reason being the BLS cryptographic library created by Supranational. Danny Ryan stated that Boneh–Lynn–Shacham (BLS) signatures are essential for creating keys, signing messages, and are important in the early stages. He said that the BLS cryptographic library is currently being audited and some preliminary results have been obtained. It will take about two weeks to complete the audit. (TrustNodes)
3. Borrowing
Defipulseimage description

(Lock value on the DeFi chain)
(Lock value on the DeFi chain)
Specifically, last week, ETH mortgages rose from 8.647 million to 9.029 million, an increase of 4.4%; BTC mortgages increased from 159,701 to 171,258, an increase of 7.23%.
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(data from etherchain.org)
etherchain.orgThe data shows that the average computing power has increased by about 3.45% month-on-month, temporarily reporting 269.6 TH/s, continuing to hit a record high; since the beginning of this year, Ethereum’s computing power has risen by more than 85%; the average mining difficulty has increased by 2.24%, temporarily reporting 3398 T; Gas fees continued to decline, total mining revenue decreased by 4.18% month-on-month; new addresses decreased by 5.69% month-on-month, and activity on the chain decreased.
4. News
(1) Data: The top ten whales withdrew 20.5% of their ETH deposits from exchanges within two months
Santiment, an encryption market data company, tweeted that the top ten Ethereum whale exchange addresses continue to rapidly transfer funds to non-exchange wallets. Over the past 2 months, exchange ETH deposits have fallen by 20.5%, showing the confidence of top Ethereum holders in ETH prices.
(2) PayPal will allow cryptocurrency buying, selling and shopping on its network
(3) Data: The supply of DAI in the third quarter increased by 623%, reaching 940 million US dollars


