ETH Weekly Report | CME Ethereum futures will open for trading on February 8; more than 70 ETH2.0 nodes on Staked.us were collectively slashed (2.1-2.7)

秦晓峰

Odaily资深作者

@QinXiaofeng888

2021-02-08 08:11 (UTC+8)

This article is about 3816 words, reading the full article takes about 6 minutes

The probability of ETH breaking through $2,000 within three months is 25%.

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The probability of ETH breaking through $2,000 within three months is 25%.

Author | Qin Xiaofeng

Produced | Odaily

1. Overall overview

1. Overall overviewOn the evening of February 7th,CME Group

Second, the secondary market

1. Spot market

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(ETH daily chart, picture from OKEx)

2. Fund flow

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(data from BiNuNiu)

(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 10,000 ETH" increased by 17.5% and 13.5% month-on-month, respectively, but the number of large-amount transfers of "above 50,000 ETH" decreased month-on-month 46%, the frequency of giant whale account transactions has dropped significantly.

OKlink data3. Ecology and technology

3. Ecology and technology

1. Technological progress

1. Technological progress

(1) Ethereum 2.0 contract has become the second largest ETH holding address

According to data from OKLink, as of 24:00 last night, the Ethereum 2.0 mortgage contract has received more than 2.9 million ETH, worth about 4.5 billion US dollars. As the number of Ethereum in the mortgage contract continues to rise, the contract address has become the second largest holding address on Ethereum, and the amount of Ethereum in the address is second only to the Wrapped Ether contract.

Based on the open source discussion platform Discourse, Ethereum Solidity launched the Solidity Forum for developers to discuss issues such as the design of the Solidity programming language, Solidity compiler, Solidity documentation, and Solidity version. However, urgent Solidity support questions, bug or vulnerability reports, specific discussions of Ethereum research, and proposed EIPs are outside the scope of this forum.

2. Voice of the Community

2. Voice of the Community

Grayscale released a report stating that although the Ethereum network has gradually matured and provided a strong settlement layer for billions of dollars in point-to-point value transfers, investors often find it difficult and how to value its assets. Just as Bitcoin is mainly called digital gold at this stage, the market's view of ETH is not clear. The method of valuing the underlying asset, ETH, is opaque and constantly changing. The Grayscale report views ETH as a currency, a consumer product, and an interest-bearing asset. The report also notes that ETH functions as a "new-age digital currency" in many ways, with its utility driving its use as a monetary commodity on the network. (CryptoNews)

3. Project trends

https://etherscan.io/address/Layer 2 version Synthetix assets have exceeded 100 million US dollars

According to Etherscan data, after Optimism launched the Layer 2 network on the Ethereum mainnet, the assets of Synthetix, the only application synthetic asset protocol, in the Layer 2 network have exceeded 100 million US dollars.

(2) 20% of the Ontology integrated evm solution design is completed, and the plan will be fully compatible with the Ethereum contract ecology

According to official news, Ontology released a monthly report stating that 20% of the Ontology integrated evm solution design has been completed, and the plan will be fully compatible with the Ethereum contract ecosystem. ONTO v3.7.0 was released. This version supports Huobi Ecological Chain (Heco) HRC-721 digital assets and dApps, and has been connected to OEC.

(3) Cross-Rollup transfer application Hop Protocol releases Demo

Chris Whinfrey, co-founder of the decentralized application platform Authereum and developer of the Ethereum programming language Solidity, released a demo of the cross-Rollup transfer application Hop Protocol, which allows tokens to be transferred across Rollups or between layers of networks, and can be quickly withdrawn from Rollups. Eventually, cross-Rollup contract calls will be supported. Specifically, Hop Protocol can create a cross-network bridge token that can transfer tokens between Rollups, and use an automatic market maker to exchange between each bridge token and the token in the corresponding Rollup, which can further Incentivizes liquidity rebalancing across the network.

(4) Rapidsnark, an open-source zero-knowledge proof module for Hermez Network, an Ethereum ZK Rollup expansion solution

Note: Hermez was launched by iden3, the technical team of Ethereum expansion solution. According to the white paper, Hermez allows payments and token transfers to be scaled on top of the Ethereum public blockchain, and is designed with tokens such as ETH, DAI, Tether, and wBTC in mind. Hermez improves the scalability of the blockchain by compressing each transaction to about 10 bytes, which is estimated to increase to 2,000 transactions per second.

4. Borrowing

Defipulse4. Borrowing

5. Mining

5. Mining

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etherchain.org(data from etherchain.org)

The data shows that the average computing power has increased by 9.5% month-on-month, temporarily reporting 377.4TH/s; the average mining difficulty has increased by 8.2% month-on-month, reaching 4752 T; new addresses have increased by 3.6% month-on-month, and the activity on the chain has increased slightly; February 4 On the 2nd, the gas fee of Ethereum reached a new high, with the average transaction fee reaching $17.67. The network was congested again, and the total mining revenue increased by 4% month-on-month.

6. Review of hot events

More than 70 Ethereum 2.0 nodes were collectively slashed

On February 3, more than 75 verifiers of the Ethereum 2.0 beacon chain main network were fined by Slash (the fine was collected from the 32 ETH pledged in the node). According to Beaconscan data, the confiscated nodes this time involved the PoS service provider Staked.us, and the total number of confiscated nodes in the entire Ethereum 2.0 network so far is 114.

Rudy, Marketing Director of InfStones, said that the reason for being slashed is mostly due to double-signing of blocks, and the specific operation should be due to operational errors during server migration or backup. The node that is slashed will be kicked out of the validator team, and part of the pledge will be fined and cannot be retrieved before Ethereum 2.0 supports transactions. This also means that close to 2400 ETH can no longer participate in the pledge income. Calculated at 10%, the indirect loss exceeds 200 ETH.

On February 5th, Rudy said in Moments that another 17 verifiers on the Ethereum 2.0 beacon chain main network were fined by Slash (the fine was collected from the 32 ETH pledged in the node), and the confiscated nodes this time Again involving the PoS service provider Staked.us.