/biz/ - Business & Finance

>>24102562
based

>2020
>not holding at least 500 ETH
not. going. to. make. it.

I'm thinking yes

>>24003316
based

>>23767445

Ethereum staking contract deployed
https://etherscan.io/address/0x00000000219ab540356cBB839Cbe05303d7705Fa
https://github.com/ethereum/eth2.0-specs/pull/2082/commits/cd7b1056b4629d921fbb97ae7603e47d14eb5735
Phase0 launch time: 1 Dec 2020
it's really happening this time

>>23411045

Check out curve.fi on a zkrollup. Ethereum killers are dead.
https://zksync.curve.fi/
You need to get rinkeby eth, you can get it from https://faucet.rinkeby.io/ (needs a twitter account) or https://testnet.help/en/ethfaucet/rinkeby
Transactions are instant, fees are minuscule (2k TPS on current mainnet possible), it has equivalent security to l1 transactions (as it's based on cryptographic proofs).
https://rinkeby.zkscan.io/blocks/1824 - some random block
It already works for transfers on mainnet, arbitrary contract support is only on testnets currently.
Contracts can call each other just like on l1.
Full anonymity for transfers is coming soon.

https://medium.com/matter-labs/curve-zksync-l2-ethereums-first-user-defined-zk-rollup-smart-contract-5a72c496b350

400 UNI airdroped is worth more than 1.200$ stimulus checks burgers sent to every american.

I LOVE STATE OF ETHEREUM NATION NOW

I love facts:
>pajjets are priced out from printing money with rest of us
>other chains will atract meem defi users but only poor part of crowd

Eth whales finally elite we dont need citadel we will need new planet kek

>>22300846
Up

>>22154113
Up

imagine not buying eth
$17M in fees in the last 24 hours
assume 20M eth staked (rest in defi)
income under PoS from fees like that: $310 per staked eth annually
inflation ~0%

and it's only starting. Eth2 with rollups and sharding can easily have $100M in daily fees as a global financial platform. If that ever happens one eth would be worth over $100k.

>>22079357
Correct.

free alpha - eth is protected from crashes at the moment.
Why? Sushiswap farming. There's $1.2B in liquidity on uniswap, half of which is eth, the other half - is providing market depth for eth sells.

A whale with close to million eth could still dump it, but normal market conditions, bitmex squeezes, btc dumping - no.

Ethereum just won
>turing complete stark zk-rollup
>no trusted setup - just code your app and deploy
>100x scalability on eth1, 10k+x on eth2 with phase1 (in 2021)
>50x perpetual futures coming on dydx later this year - eth and btc, trustless and kycless bitmex killer
https://medium.com/@StarkWare/hello-cairo-3cb43b13b209
those who understand, understand.
Ethereum killers are dead. They never had a chance.

$400 soon

$10,000

>>21809601
this

Medalla just finalized a recent epoch, testnet is fully operational.
It was a wonderful crash test

>>21626408
l2 eth 1 kek pajeets in this threads

>>21455320
>>21455434
>>21455656
>>21456466
6/ So, to conclude, I think it is highly unlikely to see defi outside of ETH, and highly unlikely that another L1 will capture this market segment. Rollups and other L2 solutions have a much higher chance of expanding defi.

https://twitter.com/AndreCronjeTech/status/1294526778237759489