ETH Weekly | Uniswap’s historical total income exceeds 1 billion US dollars; Ethereum 2.0 test network Pyrmont will carry out Altair hard fork on August 19 (8.9~8.15)
Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily
1. Overall overview
Author | Qin Xiaofeng
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Second, the secondary market
1. Spot market
In terms of the secondary market, the current ETH price may pull back slightly in the short term, with a support level of $3,000 and a resistance level of $3,500.
(ETH daily chart, picture from OKEx)
Second, the secondary market
image description
(BiNuNiu)
2. Fund flow
3. Large transaction
OKlink data(BiNuNiu)
OKlink dataOKlink data
3. Ecology and technology
1. Technological progress
OKlink data
It shows that the top 300 ETH holdings currently hold a total of 52.68% of ETH, a month-on-month decrease of 0.55%; in addition, the entire position distribution presents an oval structure, and the proportions of each part are: 1st to 100th, accounting for 38.13%, 0.04% month-on-month decrease; No. 101-300, accounting for 14.55%, down 0.51% month-on-month; No. 301-500 accounted for 6.65%, down 0.5% month-on-month; No. 501-1000, accounting for 7.77%, down 0.38 month-on-month %; after the 1001st place, accounting for 32.92%, a month-on-month increase of 1.43%.
1. Technological progress
2. Project trends
Ethereum 2.0 test network Pyrmont will undergo Altair hard fork on August 19
The Ethereum 2.0 testnet Pyrmont will upgrade Altair on August 19th, the first hard fork of the Ethereum beacon chain. Previously, it was reported in mid-July that Altair, the first upgrade of the Ethereum beacon chain, has changed from the Alpha version to the Beta version. Unless critical security issues are found, no major changes will be made to Altair.
On August 11, Teku, the Ethereum 2.0 client, released version v21.8.0, a required update for all Ethereum 2.0 testnet Pyrmont nodes. Major changes include: Pyrmont scheduled an Altair upgrade at epoch 61650; updated docker images with Java 16; Altair REST API is now considered stable.
(1) The decentralized trading platform DODO is preparing to launch the Ethereum expansion network Arbitrum in August
The Ethereum Foundation stated in an article regularly announcing the research and development progress of its supported teams that a team called zkEVM has been formed in the past few months, hoping to integrate all opcodes of the EVM (Ethereum Virtual Machine) It is implemented directly through the ZK (Zero-Knowledge Proof) circuit, so that Ethereum's smart contracts can be deployed to the second-layer network with the least adjustments, such as zkSync. The zkEVM team says it is in the early stages and is designing and building the first prototype.
According to official news, Optimistic Ethereum, the second-layer expansion plan of Ethereum, launched Smock v2, a contract simulation in JavaScript, without writing a simulation contract in Solidity. According to Optimistic, smart contract testing has always been difficult or confusing. The test code must be written in Solidity; the test contract must be recompiled to change the test; the test contract and the target contract share the same chain state. And Smock v2 has the following functions: fake any contract; operate any contract function; assert the call; create a simulation supported by a real contract; manipulate variables in the simulation, etc.
Polygon co-founder Mihailo Bjelic said, “As far as we know, this is the first time in the history of encryption that fully merged blockchain networks, one of which will completely absorb the other, including its tokens.” In addition, Polygon promises its Treasury $1 billion in funding for ZK-based solutions. Bjelic said, “We consider ZK cryptography to be the most important strategic resource for blockchain expansion and infrastructure development, and we have a clear goal of becoming a dominant force and contributor in this field in the coming years.”
The Ethereum Foundation stated in an article regularly announcing the research and development progress of its supported teams that a team called zkEVM has been formed in the past few months, hoping to integrate all opcodes of the EVM (Ethereum Virtual Machine) It is implemented directly through the ZK (Zero-Knowledge Proof) circuit, so that Ethereum's smart contracts can be deployed to the second-layer network with the least adjustments, such as zkSync. The zkEVM team says it is in the early stages and is designing and building the first prototype.
3. Borrowing
Defipulse(5) Polygon acquires Hermez, an Ethereum scaling solution, for $250 million, and will merge MATIC and HEZ tokens
3. Borrowing
4. Mining
(data from etherchain.org)
etherchain.orgThe data shows that the value of locked collateral on the chain rose from US$78.606 billion to US$82.245 billion last week, a week-on-week increase of 4.6%; the previous week (8.2-8.8) had a net increase of US$81.22, and last week a net increase of US$3.639 billion, a month-on-month decrease of 55.2%. Specifically, last week, ETH mortgages dropped from 9.425 million to 8.547 million, a drop of 9.3%; BTC mortgages dropped from 196,282 to 185,852, a drop of 5.3%.
From the perspective of individual projects, the top three lock-up values are: Aave $15.41 billion; Curve $10.68 billion; Instadapp $10.54 billion;
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(data from etherchain.org)
The data shows that the average computing power increased by 3.3% month-on-month, temporarily reporting 608TH/s; the average mining difficulty increased by 3.2% month-on-month, temporarily reporting 7757T; the activity on the chain decreased by 4% month-on-month; due to the implementation of EIP-1559, Ethereum Gas fees Being burned, the total mining revenue decreased by 7.35% month-on-month.
4. News
(1) Data: 46,732 ETHs have been destroyed in the Ethereum network
According to data from Ultrasound.money, as of midnight on the 16th, a total of 46,732 ETHs have been destroyed on the Ethereum network. Among them, 6,213 ETHs were destroyed in total at addresses starting with OpenSea, 3,374 ETHs in Uniswap V2, 2,632 ETHs in Axie Infinity, 2,313 ETHs in Tether, and 1,410 ETHs in Uniswap V3.
(2) Data: The ETH balance on the exchange dropped below 10% of the supply
According to Santiment data, whales holding more than 100,000 ETH currently own 43.7% of the entire ETH circulating supply, an increase of 7.9% compared to 35.8% three years ago.
