What's everybody using for gasprices nowadays? It looks like gasprice.io has joined the long list of now dead gas prediction tools.
this post was submitted on 03 Jul 2023
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What I liked was being able to see the history of the gas price. That helped me to decide on a price for transactions that were not time sensitive. It's nice to now that the low price now is 24 gwei, but if it's been 12 all week, then why pay 24?
I'm cheap like that..
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Any idea what this VMPX token that's picking up activity in the network?
https://etherscan.io/token/0xb48eb8368c9c6e9b0734de1ef4ceb9f484b80b9c
Is anyone visiting from a lemmy instance, if yes which one?
I've found some very interesting UIs for lemmy, but on the instances that I checked, ethfinance@kbin.social couldn't be found.
Old reddit Ui for lemmy: https://mlmym.org/lemmy.world/
Apollo Ui for lemmy: https://wefwef.app/posts/lemmy.world/all
Apparently there are some issues with the ddos protection of kbin.social that hinders federation.
yep, I'm visiting from discuss.tchncs.de
It took quite a while for the federation to be as reliable as it is now
I'm just using lemmy.world's default website UI and it seems alright, haven't had any trouble with it from the apps I've tried either.
https://dba.mirror.xyz/LYUb_Y2huJhNUw_z8ltqui2d6KY8Fc3t_cnSE9rDL_o
some light sunday morning reading about how what you thought you knew about rollups is probably not entirely true
The author makes a lot of points that have little practical impact.
I mean, sure, a rollup could hardfork. But it would wipe out the value of any assets that were bridged into the old version of the rollup from the parent chain. What would Optimism or Arbitrum be if all the previously bridged eth and usdc was now stuck on a version of the rollup that was dead? There's no point.
The same thing is true regarding his point about 'rollups' that don't do any on chain validation (zk or optimistic fault proofs). Sure, you could post all your rollup blocks into 4844 blobs and only verify them off chain if you want. But if you want to bridge any assets back and forth, having on chain validation or fault proving of the rollup adds a ton of extra security to that process.
The other thing that he misses on is the idea of one way bridges that burn the asset in the original chain. Such an approach just makes for worthless assets on the rollup. If the original asset can't ever be withdrawn and redeemed, it is effectively worthless. So, again, it would be pointless.
Anyway, I found myself realizing about 1/3 of the way through that the author isn't technically wrong about anything, but is still really missing the point.
Just checking that everyone has purchased their copy of Paul Brody's Ethereum for Business (ISBN 978 195 489 2101). I'm currently working my way through it and it's very good indeed.
Trying to find the time to read it, but will hopefully do so (and finish it) within the next two weeks.
Somewhat interesting development: https://publicgoods.network/ Looks like the public goods funding projects (Gitcoin, protocol guild, clr.fund, giveth. etc.) have built a new L2 on the OP stack. The differentiator as stated is that the majority of sequencer fees will go to public goods in an effort to secure more sustainable public goods funding. The details on the governance mechanism are scant so far from what I can find, and execution there in my estimation will make or break this idea. I will say I like the idea of sequencer fees being directed towards public goods rather than just a few VCs pocketing them which seems to be the current trend in the L2 industry, but introducing governance there also opens up a very large can of worms and will be interesting to see how they intend to keep that credibly neutral and prevent capture
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introducing governance there also opens up a very large can of worms and will be interesting to see how they intend to keep that credibly neutral and prevent capture
I think by "govern" they just mean the network is being run by pg project (Gitcoin, protocol guild, clr.fund, giveth. etc.)
There will have to be governance to decide how the funds get distributed to public goods. I think there is an "alliance" formed of public goods projects that may then just be whitelisted to run sequencers and use the revenues as they see fit. Even there there's governance around who gets on the whitelist. Any other distribution method would require some form of governance as well with varying degrees of complexity. Will have to wait and see how they plan to handle that stuff.
For voting on allocations I have a feeling Octant may be involved
Updoot the weekly you damn savages!
Ethereum!
I wonder if Mr Eth is here under an anonymous handle.
I thought he was already missing for a while now?
He was indeed! I like to think that some of the legacy /r/ethtrader and /r/ethfinance OGs moved over here anyway and are starting afresh with a new identity. I sure did :)
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updoot it yourself you degenerate!
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Continue to send it bois