CryptoRiya
@CryptoRiya
Research & Marketing specialist @ CoinDCX. Freelancer. Content Creator. Crypto Enthusiast ₿ ; Follow on: https://www.youtube.com/@Cryptoriya
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Ethereum Upgrades: A Recap
Let’s recap what happened a little over a month ago. On the 15th of September, 2022 – Ethereum – the largest smart contract-capable blockchain network underwent one of the biggest transitions to ever happen in any crypto in history. The Ethereum network underwent something called the Merge which transitioned this behemoth of a network, the second largest in the world by market cap – from a proof-of-work to a proof-of-stake consensus mechanism.
This is the first step in a long plan to transition
This is the first step in a long plan to transition
What does Shanghai Upgrade mean for validators?
Simply put – the Ethereum Shanghai upgrade, specifically the EIP-4895, will allow ETH stakers to remove their staked funds as validators. This is significant because back in December 2020, when the proof-of-stake Beacon chain was launched – participants on the Ethereum network who wanted to be a part of Ethereum 2.0 as validators had to stake a minimum of 32 ETH tokens which was practically going to be locked up for an indefinite period. Once you had staked the 32 ETH tokens, these validators we
Ethereum Price Action in 2023
While we are yet to see the implementation of the Shanghai Capella Hard Fork on the Ethereum mainnet, the anticipation of the upgrade has been very fruitful for the ETH token since the beginning of 2023. ETH price is at one of the highest positions in 2023 and technical indications suggest that the uptrend can continue further.
ETH price has the golden crossover of the 50 and 200-day moving averages on its side, which has helped to support prices on the upside. Additionally, it has also broken
ETH price has the golden crossover of the 50 and 200-day moving averages on its side, which has helped to support prices on the upside. Additionally, it has also broken
How will Ethereum Shanghai Upgrade affect ETH prices?
If you are a trader or an investor in the ETH token, the story changes a little bit. While it cannot be said for certain, the implementation of EIP-4895 could have certain ramifications on the price of the token. This is because according to data from Staking Rewards, 14.09% of all eligible ETH tokens have been staked. Thus when staking withdrawals are opened up, this could amount to significant liquidity flooding back into the open market, putting some downward pressure on ETH prices. However,
Why named "Shapella"?
Shapella = Shanghai + Capella ;
Upgrades to execution layer follow Devcon city names and those to the consensus layer follow star names.
Shanghai = location of Devcon 2 &
Capella = brightest star in northern constellation
#ethereumshanghaiupgrade #ETH
Shapella = Shanghai + Capella ;
Upgrades to execution layer follow Devcon city names and those to the consensus layer follow star names.
Shanghai = location of Devcon 2 &
Capella = brightest star in northern constellation
#ethereumshanghaiupgrade #ETH
Why is Ethereum Shanghai Upgrade Important?
Well, it is important due to several reasons and I will list them for you below. However, it must be noted that these are calculated assumptions made with the available data. We will keep this section updated as we get more information regarding the upgrade.
Gas fees: One of the biggest things that the Ethereum Shanghai Upgrade is expected to bring about is to reduce gas fees for layer-2 solutions running on top of Ethereum, for example, Polygon, Optimism, and the like. These Layer 2 solutions
Gas fees: One of the biggest things that the Ethereum Shanghai Upgrade is expected to bring about is to reduce gas fees for layer-2 solutions running on top of Ethereum, for example, Polygon, Optimism, and the like. These Layer 2 solutions
‘Ethereum Shanghai Upgrade’ is Going Live Today! What is it?
Key takeaways:
Ethereum Shanghai Upgrade right around the corner: The date is set for April 12, 10:27 pm, at epoch 194048.
This is the biggest development to happen to the largest smart contract platform in the crypto industry since the Ethereum Merge that took place last year.
In the latest news, just a day after the Shanghai Upgrade went live on the third and final Goerli testnet, the final date for the Shanghai Capella Upgrade on the Ethereum mainnet was announced at the #157 Ethereum ACDE
Ethereum Shanghai Upgrade right around the corner: The date is set for April 12, 10:27 pm, at epoch 194048.
This is the biggest development to happen to the largest smart contract platform in the crypto industry since the Ethereum Merge that took place last year.
In the latest news, just a day after the Shanghai Upgrade went live on the third and final Goerli testnet, the final date for the Shanghai Capella Upgrade on the Ethereum mainnet was announced at the #157 Ethereum ACDE
5 Cool Things you can Buy with Crypto!
A Florida guy once bought 2 Papa John's pizzas and paid 10,000 Bitcoins. This was the first-ever recorded real-world transaction using crypto. At that time, 10,000 Bitcoin was worth approximately $41, and since then, the cryptocurrency has surged by over 30,000%.
There are also other exciting items you would never have imagined you could purchase with cryptocurrency. It's not just legal; it's fun to purchase those items with cryptocurrency. Some of them are listed below.
KEY TAKEAWAYS
Cryptos
There are also other exciting items you would never have imagined you could purchase with cryptocurrency. It's not just legal; it's fun to purchase those items with cryptocurrency. Some of them are listed below.
KEY TAKEAWAYS
Cryptos
Top 5 AI Cryptos To Watch In The First Week Of March 2023 🤑💰
- SingularityNET ($AGIX)
- Fetch.ai ($FET)
- Numerai ($NMR)
- Cortex ($CTXC )
- Ocean Protocol ($OCEAN)
#cryptotrading #crypto2023 #cryptoinvestor
- SingularityNET ($AGIX)
- Fetch.ai ($FET)
- Numerai ($NMR)
- Cortex ($CTXC )
- Ocean Protocol ($OCEAN)
#cryptotrading #crypto2023 #cryptoinvestor
Binance $BNB has announced the launch of beta version of its AI tool for NFT generation – Bicasso. 🎨
Users can create their own NFTs by just writing what they want to see in the picture. The beta version is limited to 10,000 mints.
#nftcommunity #binancepaymarketplace
Users can create their own NFTs by just writing what they want to see in the picture. The beta version is limited to 10,000 mints.
#nftcommunity #binancepaymarketplace
100x Returns in Crypto: Dos and Don’ts
We all want our crypto holdings to have 100x returns. While desiring 100x is everyone’s wish, we should also be cautious of falling into #scams and #frauds.
Here’s a list of scams you are most likely to encounter.
Get Rich Quick or 100x Returns in Short Span Scam
This scam always comes promising you guaranteed high returns which look impossible as per the market conditions and seem too good to be true. Scammers usually create FOMO to trick you into investing.
Phishing Scam
In this scam,
Here’s a list of scams you are most likely to encounter.
Get Rich Quick or 100x Returns in Short Span Scam
This scam always comes promising you guaranteed high returns which look impossible as per the market conditions and seem too good to be true. Scammers usually create FOMO to trick you into investing.
Phishing Scam
In this scam,
6 things to do before launching your NFT
Despite the problems associated with ushering in a new era of true decentralization — namely that moving from centralized businesses and organizations requires a paradigm shift that will take time and require strong collaboration among blockchain developers — there is no denying that the green shoots of this exciting new industry have taken a firm hold.
Web3, the new incarnation of the internet, is well underway. And one of the most prolific entrants to this nascent digital space arrived just a
Web3, the new incarnation of the internet, is well underway. And one of the most prolific entrants to this nascent digital space arrived just a
5 Things to Evaluate Before Buying NFTs: 🎨
1. Team
2. Timeline
3. Community
4. Utility
5. Quality
#nftcommunity #NFT
1. Team
2. Timeline
3. Community
4. Utility
5. Quality
#nftcommunity #NFT
Bored Ape Creators (Yuga Labs) Introduce First Bitcoin NFT Project 🔥
This NFT collection is called “TwelveFold” and has 300 limited-edition works of generative art, each inscribed to the Bitcoin network!
Would you buy this NFT? 🤔
#nftcommunity #NFT #nftfi
This NFT collection is called “TwelveFold” and has 300 limited-edition works of generative art, each inscribed to the Bitcoin network!
Would you buy this NFT? 🤔
#nftcommunity #NFT #nftfi
3 Tools You can't miss If you want to make MONEY in crypto! 💰
👉 Arcane.no : In-depth research about the crypto
👉 Ethereumfear.com : Check market sentiment for Ethereum
👉 Certik.com : security sites that rate cryptos
#crypto2023 #zero2hero #BTC
👉 Arcane.no : In-depth research about the crypto
👉 Ethereumfear.com : Check market sentiment for Ethereum
👉 Certik.com : security sites that rate cryptos
#crypto2023 #zero2hero #BTC
Benefits of Crypto SIPs 👇
#1 You get higher flexibility
#2 Rupee-cost averaging
#3 You can leverage the power of compounding
#4 You can be a disciplined investor
#5 You can withdraw anytime
#Binance #cryptoinvestor #crypto2023
#1 You get higher flexibility
#2 Rupee-cost averaging
#3 You can leverage the power of compounding
#4 You can be a disciplined investor
#5 You can withdraw anytime
#Binance #cryptoinvestor #crypto2023