ETH Weekly | Ethereum’s first mainnet shadow fork has been launched; ENS airdrop token claim is only 3 weeks away (4.11~4.17)
Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily
1. Overall overview
Author | Qin Xiaofeng
secondary title
Second, the secondary market
1. Spot market
Ethereum's first mainnet shadow fork went live last Monday as it gradually transitions to a proof-of-stake (PoS) mechanism. Parithosh Jayanthi, an Ethereum Foundation developer, said that shadow forks are a way to "stress test assumptions about synchronization and state growth" and that they will also provide "a way to check whether our assumptions apply to existing testnet and/or mainnet". Jayanthi warned that the shadow fork will share some data with the ethereum main network, so some transactions may appear on both chains. Ethereum developer Tim Beiko said the outcome of the shadow fork is key to determining when the final merge will take place.
In terms of the secondary market, the current ETH price may continue to consolidate in the short term, with a support level of $2,950 and a resistance level of $3,100.
According to OKX market data, the price of ETH once fell below $3,000 last week, reaching as low as $2,950, and closed at $3,072 during the week, a month-on-month decrease of 5.6%.
2. Large transaction
OKlink dataThe daily chart shows that the price is consolidating and fluctuating around $3,000. In the short term, the price may continue to test the $2,950 mark. If it falls below, it may further fall to around $2,500; the current upper resistance level is $3,080, which is It is also at the 120-day moving average, with strong resistance; the lower support level is $3,000.
3. Rich list address
OKlink dataIt shows that the number of on-chain transfers decreased slightly last week, with "above 1000 ETH", "above 2000 ETH" and "above 5000 ETH" decreasing by 1.5%, 3.2% and 13.2% month-on-month, respectively.
3. Ecology and technology
1. Technological progress
OKlink data
It shows that the current top 300 ETH holdings hold a total of 53.25% of ETH, an increase of 0.12% month-on-month; in addition, the entire position distribution presents an oval structure, and the proportions of each part are: 1st to 100th, accounting for 39.86%, 101st to 300th, accounting for 13.39%, down 0.08% from the previous month; 301st to 500th, accounting for 5.9%, down 0.01% from the previous month; 501st to 1000th, accounting for 7.16%, basically remained unchanged change; after the 1001st place, accounting for 33.72%, a decrease of 0.1% from the previous month.
3. Ecology and technology
Ethereum's first mainnet shadow fork went live on Monday as ethereum gradually transitions to a proof-of-stake (PoS) mechanism.
2. Voice of the Community
Parithosh Jayanthi, an Ethereum Foundation developer, said that shadow forks are a way to "stress test assumptions about synchronization and state growth" and that they will also provide "a way to check whether our assumptions apply to existing testnet and/or mainnet". Jayanthi warned that the shadow fork will share some data with the ethereum main network, so some transactions may appear on both chains. Ethereum developer Tim Beiko said the outcome of the shadow fork is key to determining when the final merge will take place.
According to block explorer data shared by developer Marius Van Der Wijden, as of press time, the average block time for shadow forks is 13.5 seconds. (CoinDesk)
(2) Ethereum 2.0 client Nimbus releases version v22.4.0, laying the foundation for merging hard forks
(1) Ethereum merger leader: The Ethereum merger will not be completed in June and is expected to be completed within the year
3. Project trends
In addition, Tim Beiko said that as of April 2022, all client teams are working on the merged implementation, including the launch of the new testnet and the testing of the shadow fork. Among them, the shadow fork running against the existing testnet and Ethereum mainnet has revealed implementation problems on the client side, and the team is currently fixing these problems, and will periodically re-run the shadow fork to test the fix.
Uniswap Labs, the main developer of Uniswap, announced the formation of Uniswap Labs Ventures, a venture capital arm. The unit will invest in Web3 project teams at different stages and levels, including infrastructure, developer tools and consumer-facing applications. Uniswap Labs Ventures will also focus on projects that closely align with Uniswap Labs values (long-term building, open collaboration with the community, and users first), and plans to participate in the governance systems of MakerDAO, Aave, Compound, and Ethereum Name Service protocols.
Uniswap Labs Ventures aims to help startups build and scale with strategy, product, partnerships, engineering and design.
(1) Keone Hon, the former head of research at Jump Crypto, announced his resignation and founded the EVM-compatible blockchain network Monad
Keone Hon, the former head of research at Jump Trading, announced that he has left and founded Monad, whose vision is to unleash a developer-centric EVM ecosystem by building a new EVM-compatible, high-performance blockchain, and improving EVM execution on a large scale The potential of Ethereum is expected to have a throughput of more than 1000 times that of Ethereum, and enable more complex applications and wider adoption.
(2) Uniswap Labs established a venture capital department to focus on investing in Web3 projects
Uniswap Labs, the main developer of Uniswap, announced the formation of Uniswap Labs Ventures, a venture capital arm. The unit will invest in Web3 project teams at different stages and levels, including infrastructure, developer tools and consumer-facing applications. Uniswap Labs Ventures will also focus on projects that closely align with Uniswap Labs values (long-term building, open collaboration with the community, and users first), and plans to participate in the governance systems of MakerDAO, Aave, Compound, and Ethereum Name Service protocols.
Uniswap Labs Ventures aims to help startups build and scale with strategy, product, partnerships, engineering and design.
The developer identity service platform Auth0 integrates the Ethereum login service Sign-In with Ethereum (SIWE). Spruce releases a login service integrated with SIWE on the Auth0 marketplace. Users can log in with Ethereum wallets on all Auth0 clients. It is reported that Spruce builds decentralized identity tools and autonomous user data storage for Web3 users and organizations.
First of all, Arbitrum Odyssey will broadcast live on Twitch at 14:00 EST on April 14th. 14 projects will be selected from the 56 most active projects on Arbitrum. The community of each project will vote to decide who can participate, and the vote will be from EST The time starts at 16:00 on April 13 and lasts for 48 hours. The 14 winning projects will design Arbitrum exclusive NFTs by crypto artists Ratwell and Sugoi, and join Arbitrum's user experience program starting in mid-May.
Users can obtain the Arbi-verse NFT issued on Project Galaxy by interacting with the Arbitrum ecological protocol selected by the reward program and completing specific tasks. If users collect at least 13 NFTs throughout the program (16 NFTs in total), they will also receive a final NFT reward designed by Ratwell and Sugoi.
(4) Arbitrum cooperates with Project Galaxy to launch an ecological experience reward program, and will distribute NFT to users who complete tasks for free
Polygon-based NFT basketball game Swoops completed $3.5 million in financing, led by Courtside Ventures and Alpaca VC. Entrepreneur Gary Vaynerchuk, Draft Kings CEO Jason Robins, Slow Ventures and Red Beard Ventures also participated.
Users can obtain the Arbi-verse NFT issued on Project Galaxy by interacting with the Arbitrum ecological protocol selected by the reward program and completing specific tasks. If users collect at least 13 NFTs throughout the program (16 NFTs in total), they will also receive a final NFT reward designed by Ratwell and Sugoi.
DeFi trading service company BloXroute announced the completion of a $70 million Series B round of financing, led by SoftBank Vision Fund 2 under SoftBank. BloXroute co-founder and CEO Uri Klarman said the funds raised will be used to expand the team’s size and reach. It is understood that BloXroute will be the first service provider to provide a blockchain distribution network for DeFi traders on Ethereum, Polygon and Binance Smart Chain. Robert Kaplan, Investment Director of Softbank Group, will join the BloXroute board of directors. (CoinDesk)
(6) NFT basketball game Swoops completes $3.5 million in financing, led by Courtside Ventures and Alpaca VC
(7) There are only 3 weeks left to claim the ENS airdrop tokens, and more than 26% of the airdrop addresses have not yet claimed
4. Borrowing
DefipulseENS team member alisha.eth reminded community users that there are still 3 weeks to claim the ENS airdrop tokens, and there are still over 26% of the airdrop addresses that have not yet been claimed.
4. Borrowing
5. Mining
(data from etherchain.org)
etherchain.orgFrom the perspective of individual projects, the top three lock-up values are: Maker $14.52 billion; Aave $11.33 billion; Curve $10.32 billion.
4. News
image description
(data from etherchain.org)
4. News
(1) Founder of BitMEX: The crypto market will fall in tandem with Nasdaq, and Bitcoin will fall to $30,000
However, Arthur Hayes later said that with the beginning of the global economic depression, the simultaneous decline brought about by this round of liquidity tightening will be the beginning of the divergence between cryptocurrencies and sovereign assets. When the market reverses, encrypted assets will go out of the independent market. And lead the global assets.
(2) Helveteq announced that it will list Bitcoin and Ethereum ETP on the Swiss Stock Exchange
