Connect with us

Blockchain

Ethereum Berlin Upgrade: Fix für die Gas-Gebühren?

Avatar

Published

on

Das Ethereum Berlin Upgrade ist das erste Upgrade seit Istanbul vor 15 Monaten. Ethereums Berlin Upgrade fällt mit einem neuen Allzeithoch ETH Preis bei etwa 2.326 US-Dollar zusammen.

Ethereum Preis: Ein Bild von CoinMarketCap
Ethereum Preis: Ein Bild von CoinMarketCap

„Nach Monaten der Planung ist Berlin endlich da! Das Upgrade, das auf die Upgrades für Istanbul und den Muir-Glacier folgt, soll im Ethereum-Mainnet in Block 12 244 000 live gehen. Wir gehen davon aus, dass dies um Mittwoch, den 14. April 2021, geschehen wird, jedoch aufgrund der Variabilität der Blockzeit, kann sich das genaue Datum noch ändern.“

So lautet die Einleitung zum Berlin Upgrade auf dem Ethereum Blog.

Während die Ethereum Blockchain viele neue Anwendungsbereiche eroberte (DeFi, dann NFTs), wurden auch die Schwachstellen der Ethereum Technologie immer deutlicher spürbar: Die Gebühren schossen in rekordverdächtige Höhen und die Transaktionszeiten stellten so manchen Nutzer auf die Geduldsprobe. Nun kommt das Ethereum Berlin Upgrade genau richtig, um die Technologie an die wachsenden Anforderungen anzupassen. Für die Nutzer soll das Upgrade aber zunächst keine spürbaren Hürden mit sich bringen:

„Wenn Sie einen Exchange (wie Coinbase, Kraken oder Binance), einen Web Wallet-Dienst (wie Metamask, MyCrypto oder MyEtherWallet), einen Mobile Wallet-Dienst (wie Coinbase Wallet, Status.im oder Trust Wallet) verwenden, oder eine Hardware-Wallet (wie Ledger, Trezor oder KeepKey) müssen Sie nichts tun, es sei denn, Sie werden von Ihrerm Exchange- oder Wallet-Service über zusätzliche Schritte informiert.“

Ethereum Berlin Upgrade: Ein Bild von BeInCrypto.com
Ethereum Berlin Upgrade: Ein Bild von BeInCrypto.com

Ethereums Killer Nummer 1: Transaktionsgebühren

Ende Februar 2021 erreichten die Transaktionsgebühren bei Ethereum einen Durchschnittswert von fast 40 US-Dollar. Somit war der Transfer von kleineren Mengen ETH kaum sinnvoll. Langfristig hätten diese hohen Transaktionsgebühren die Adaption der Plattform einschränken können. Schließlich muss eine Plattform attraktive Nutzungsattribute für die Anwender mitbringen.

Das Ethereum Berlin Upgrade soll dieses Problem nun lösen, damit Ethereum gegenüber aufstrebenden Plattformen wie Cardano wettbewerbsfähig bleibt. Einige der Protokolle des Upgrades:

  • EIP-2565 = Reduktion der Kosten für die ModExp-Vorkompilierung. Dies hilft bei der Berechnung der Gaspreise.
  • EIP-2929 = Erhöht bestimmte Gaskosten, wenn sie zum ersten Mal in einer Transaktion verwendet werden.
  • EIP-2718 = Führt ein neues Transaktionsmodul ein, das mehrere Transaktionen unterstützt.
  • EIP-2930 = Transaktionsart mit optionalen Zugriffslisten. Diese besondere EIP wird dazu beitragen, einige der neu auferlegten Gaspreise aus EIP-2929 zu senken.

Das Berliner Upgrade ist ein Schritt in Richtung der Ethereum 2.0-Metamorphose der Ethereum Foundation. Die neue Hauptkomponente ist eine vollständige Änderung der Art und Weise, wie das Netzwerk Transaktionsgebühren verarbeitet. Allerdings sind nicht alle Ethereum Miner zwangsläufig begeistert von dieser Entwicklung. Denn die Gebühren gehen dann nicht mehr an die Miner, sondern werden verbrannt. Fraglich ist, ob das Mining so langfristig für die Community attraktiv bleibt.

Haftungsausschluss

Alle auf unserer Website enthaltenen Informationen werden nach bestem Wissen und Gewissen recherchiert. Die journalistischen Beiträge dienen nur allgemeinen Informationszwecken. Jede Handlung, die der Leser aufgrund der auf unserer Website gefundenen Informationen vornimmt, geschieht ausschließlich auf eigenes Risiko.

Share Article

Alex hat ihren Bachelor in Orient- und Asienwissenschaften an der Friedrich-Wilhelms Universität Bonn absolviert, danach Deutsch als Fremdsprache am Goethe Institut studiert und ihren Master in Arabistik an der Freien Universität Berlin absolviert. Seit 2017 ist sie als Krypto-Journalistin tätig.

MEHR ÜBER DEN AUTOR

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://de.beincrypto.com/ethereum-berlin-upgrade-fix-fuer-die-gas-gebuehren/

Blockchain

NYC Comptroller Candidate Suggests Crypto Investments as Inflation Hedge

Avatar

Published

on

Democratic candidate for New York City Comptroller, Reshma Patel, wants the city to invest in crypto and blockchain-based companies.

Patel discussed the details of her plan during a recent Unchained podcast. She prefaced it by saying that New York City is just emerging from the COVID-19 pandemic and its economic fallout. In light of this, she said the city needs to think ahead about how to leverage new technologies; “I really believe that blockchain is a tool that can really help city government in terms of transparency and accountability,” the Democratic candidate said.

Patel added that cryptocurrencies could help diversify the city’s pension fund. For example, as a long-term hedge against inflation, or if public markets go south, “and the S&P goes down.” In those instances, she believes “investing in crypto would be a really wise thing.” 

In addition to public investments in cryptocurrencies, Patel also advocates incentivizing blockchain-based companies to settle in New York. “We need to have more favorable conditions so that we get blockchain companies to come and start businesses in New York City as we rethink what this new economy looks like,” she concluded.

1-3% crypto allocations

When announcing her plans, Patel said she wanted to allocate up to 3% of the city’s pension funds to cryptocurrencies. and explained how that process might work.

Patel said that the comptroller is the custodian of pension funds, but responsibility also falls to trustees of the funds. She added that New York City has five different pension funds in its pension system. To move forward with the plan, the comptroller would need to receive approval from the funds’ trustees.

At that point, there would be an investment committee, which would then look at the plan and make recommendations. Patel noted that one of these recommendations would be deciding which cryptocurrencies to invest in while another would decide how much to invest in each. For her part, Patel said that she proposes bitcoin and ether at this point.

Following Miami’s lead

Other cities in the United States have also been considering making public investments in cryptocurrencies. For instance, in December 2020, Miami Mayor Francis Suarez said that he was “open to exploring” putting 1% of the city’s treasury reserves in Bitcoin.

Suarez later took this a step forward. In March 2021, he announced that the city’s commissioners had supported his resolution to enable a range of bitcoin-related undertakings. These included city employees getting paid in bitcoin, residents paying taxes in bitcoin, and even the city accepting payments in BTC.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Share Article

Nick is a data scientist who teaches economics and communication in Budapest, Hungary, where he received a BA in Political Science and Economics and an MSc in Business Analytics from CEU. He has been writing about cryptocurrency and blockchain technology since 2018, and is intrigued by its potential economic and political usage. He can best be described as an optimistic center-left skeptic.

Follow Author

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://beincrypto.com/nyc-comptroller-crypto-investments-inflation-hedge/

Continue Reading

Blockchain

Introducing Initial Staking NFT Offering

Avatar

Published

on

When J.R. Willett unveiled ‘The Second Bitcoin White Paper’ – the first whitepaper that introduced the concept of initial coin offering (ICO) in January 2012, no one really paid any attention. It was not until 2017, where the little crazy idea of a Seattle-based software developer gave birth to the ICO craze that took the world by surprise with its outstanding crowdfunding performance.

However, the ICO trend had spiralled out of control by hype and became a speculative bubble that popped in mid-December 2017. While the marvellous achievement of ICO was short-lived, its fundamental concept has become the backbone of the crypto financing environment. From the genius of ICO, three prominent crypto fundraising mechanisms were born: STO, IEO and IDO.

The SEC-approved benefit of Security Token Offering (STO) makes it attractive for projects to launch an ICO without legal ramification. By having a cryptocurrency exchange to research the projects, Initial Exchange Offering (IEO) gained traction and interest of retail investors as a safer alternative. Meanwhile, Initial DEX Offering (IDO) is a new concept born out of the recent DeFi craze where anyone can launch a token through a decentralized exchange with the advantages of instant liquidity, instant trading and cheaper listing cost. 

Recently, a new type of offering called Initial NFT Offering (INO) is gathering more interest among crypto retailers. This comes after the innovation of non-fungible tokens (NFT) that received support from big companies like NBA and Capcom as well as well-known entrepreneurs like Jack Dorsey of Twitter and Gary Vaynerchuk of VaynerX. 

However, the innovation of crypto crowdfunding does not stop here. A crypto project called Torum has created a modified version of INO with DeFi-infused elements for its upcoming public sale and named it Initial Staking NFT Offering (ISNO).

What is Initial Staking NFT Offering?

Initial Staking NFT Offering or ISNO is a new crypto funding innovation that involves offering a set of limited edition stake-able NFTs for sale. 

Unique from the other conventional INOs, the digital artworks received from ISNO can be staked to unlock a set of rewards or benefits in a project ecosystem. Aside from the inherent supply scarcity, the perks of holding the stake-able NFT can take place in many forms, including an autographed physical artwork from the original creator, integrated equipment in a gaming platform or even the farming reward multiplier that is proposed by Torum.

In the era of utility innovation, the crypto industry is constantly looking for meaningful use cases to speed up the crypto adoption pace, including NFT.

ISNO might just be the answer to that.

The project behind ISNO

Torum is a social media platform that is specially designed for worldwide cryptocurrency users. Using social media as a foundation, the project is now expanding its ecosystem to the DeFi and NFT spaces. 

The new ecosystem will include Torum NFT Marketplace that integrates XTM, the native token of Torum and Torum Finance, a DeFi platform that will be used to organize the ISNO event.

Yi Feng Go, CEO of Torum says: “As I was researching DeFi and NFT, I couldn’t help but think that there must be some creative ways to incorporate the both of them. Then, the public sale idea hit me like a truck.”

The world’s first ISNO event

The Torum’s ISNO event will start on May 10, 2021 with a total of 363 limited edition NFTs up for sale.

Organized on Torum Finance, there will be 5 different NFT tiers available for purchase, starting from $200 to $16,200. The digital artwork of each tier represents the 5 ecosystem eras of Torum, namely Genesis, Exorsus, Crescentia, Maturitas and Concordia.

Released at 5 different prices, the NFTs issued under ISNO can each be burned to unlock a specific amount of XTM locked in the token and comes with a permanent staking multiplier ranging from 1.05x to 1.25x. With only 363 digital artworks up for grabs, the success of Torum’s ISNO event will once again spur a new wave of blockchain innovations.

For more information, visit torum.com

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Share Article

The opinion of BeInCrypto staff in a single voice.

Follow Author

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://beincrypto.com/introducing-isno-and-the-first-project-that-started-it/

Continue Reading

Blockchain

Litecoin (LTC) Historical Yearly Price Movement Overview

Avatar

Published

on

In this article, BeInCrypto takes a look at the price movements of Litecoin (LTC) and measures the increases and losses each year to see how it measures up in 2021.

The most bullish year for Litecoin was 2017 when it increased by 5,455%. So far in 2021, it has moved upwards by 195%.

Litecoin 2015-2018

A significant market cycle transpired for LTC in 2015. At one point, the price had increased by 827%, reaching a high of $8.96. However, it proceeded to close at $3.44, an increase of only 154%. While still significant, it paled in comparison to that of the yearly high.

In contrast, 2016 was a very uneventful year for the price movement. There was very little volatility, and the price increased by only 27% over the course of the year, closing at $4.36.

2017 was the most bullish year in the price history of LTC to date. LTC created bullish candlesticks almost every month, culminating with a then all-time high daily close of $370 reached in December 2017. However, it closed the year at a slightly lower price of $225, which amounted to an increase of 5,451% on the year.

LTC History
LTC Chart By TradingView

LTC 2018-present

In 2018, LTC underwent a significant correction. It decreased by a whopping 86.3%, closing the year at $30.61. With the exception of February and April, it had a bearish close every month.

The next year, it increased considerably, reaching a high of $146.95. However, the higher prices could not be sustained, and the ensuing correction left LTC with an increase of only 33.77% during the year.

2020 was also a bullish year. After a correction between February and March, LTC rallied and managed to reach a close at $124. This amounted to an increase of 200%.

So far in 2021, the price has moved upwards by 195% and is trading hands for $393.

LTC Current Increase
LTC Chart By TradingView

Conclusion

Throughout its price history, LTC has increased by:

  • 2015: 154%
  • 2016: 27%
  • 2017: 5,452%
  • 2018: -86%
  • 2019: 34%
  • 2020: 200%
  • 2021: 195%

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Share Article

Valdrin is a cryptocurrency enthusiast and financial trader. After obtaining a masters degree in Financial Markets at the Barcelona Graduate School of Economics he began working at the Ministry of Economic Development in his native country of Kosovo.
In 2019, he decided to focus full-time on cryptocurrencies and trading.

Follow Author

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://beincrypto.com/litecoin-ltc-historical-yearly-price-movement-overview/

Continue Reading

Blockchain

Dogecoin Goes Lunar, Funding SpaceX Moon Mission

Avatar

Published

on

Elon Musk’s rocket company, SpaceX, announced the “DOGE-1 Mission to the Moon” to launch in early 2022, This is a mission that Musk plans to fund with his beloved Dogecoin.

In a statement released on Sunday, Geometric Energy Corporation, a Canadian-based intellectual property manufacturing and logistics firm, confirmed its collaboration with SpaceX to send the first commercial lunar payload to space entirely paid for in cryptocurrency. 

SpaceX is accepting the meme-inspired Dogecoin cryptocurrency to fund the mission. Geometric Energy CEO, Samuel Reid, said that Dogecoin has secured its place as an economic “unit of account for lunar business in the space sector.” The announcement from GEC also boasted Dogecoin’s swift, reliable, and secure transaction experience.

SpaceX believes that Dogecoin will be a pioneering example of the increasing use cases of cryptocurrencies. SpaceX Vice President of Commercial Sales, Tom Ochinero, commented that the mission has the ability to showcase the use of cryptocurrencies beyond our planet and that it could “set the foundation for interplanetary commerce.”  

Both Musk and Geometric Energy tweeted about the development on Sunday evening. 

Dogecoin has made countless headlines in crypto news as of late, driven by its cult following and celebrity enthusiasts. The altcoin has even outpaced ether and bitcoin this year, while also surpassing large financial institutions in value.

However, with all the hype around the digital currency, major price fluctuations and skepticism towards the coin are abound. Prior to Musk’s performance on SNL on May 8, Dogecoin surged as investors stocked up for what they thought would be another pump. However, following his performance, DOGE failed to move higher. Musk made remarks about the coin being a “hustle,” which caused prices to plummet instead.

Alongside the drop in price, DOGE liquidations across exchanges reached a value of $280 million.

In the dawn of the crypto space age, it remains to be seen if this new voyage will help secure Dogecoin’s future as a leader in the digital currency space or if it’s merely part of the pattern of hype and frenzy around the asset.

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Share Article

Savannah Fortis is a multimedia journalist covering stories at the intersection culture, international relations, and technology. Through her travels she was introduced to the crypto-community back in 2017 and has been interacting with the space since.

Follow Author

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://beincrypto.com/dogecoin-lunar-funding-spacex-moon-mission/

Continue Reading
Energy29 mins ago

Orvana Reports Q2 2021 Consolidated Financial Results

Energy49 mins ago

NOVA Chemicals Corporation Announces Early Tender Results And Receipt Of Requisite Consents For Its 5.25% Senior Notes Due 2023

Esports2 hours ago

Pokémon Go Special Weekend announced, features global partners like Verizon, 7-Eleven Mexico, and Yoshinoya

Denmark
Esports2 hours ago

Astralis send OG to Flashpoint 3 lower bracket

Energy2 hours ago

Grupo Simec, S.A.B. de C.V. (NYSE: SIM) Significant Event (Unusual Movements)

Esports2 hours ago

Paris Eternal signs Contenders veteran Dridro

dallas-empires-2020-call-of-duty-league-championship-tribute-is-now-live-in-warzone.jpg
Esports2 hours ago

Dallas Empire’s 2020 Call of Duty League Championship tribute is now live in Warzone

Energy4 hours ago

ONE Gas to Participate in American Gas Association Financial Forum

Energy4 hours ago

ONEOK to Participate in Citi Global Energy and Utilities Conference

Esports4 hours ago

Four Teams Qualify for MSI 2021 Stage 2

Energy4 hours ago

Callon Petroleum Names Kevin Haggard Chief Financial Officer

Esports4 hours ago

5 Things We Want in Valorant Patch 2.09

Energy4 hours ago

Orbital Energy Group Schedules First Quarter 2021 Financial Results Conference Call for Monday, May 17, 2021 at 8:30 am ET

Esports4 hours ago

Elmapuddy, Cloud9 part ways

Esports4 hours ago

Resident Evil Village: How to Beat Sturm

Esports5 hours ago

DBL PONEY stun Vitality in Flashpoint 3 opener

AR/VR6 hours ago

Zuckerberg Envisions Oculus Quest Pro With Multiple Sensors for Gaming, Fitness & More

Energy7 hours ago

Global Surface Mount Technology (SMT) Equipment Market to Reach $4.6 Billion by 2027

Russia
Esports7 hours ago

Entropiq announce EPG Family signing

Energy8 hours ago

Electric Vehicles to Drive Demand for Thermal Interface Materials Says IDTechEx

Energy8 hours ago

Georgia Power encourages customers to take action during National Hurricane Preparedness Week

Cyber Security8 hours ago

A Complete Guide to a Bachelor’s in Cybersecurity Degree

Energy8 hours ago

Kontrol Technologies partners with RCAP Leasing to offer a financing solution for BioCloud customers

AR/VR9 hours ago

Latest Sony Patent Outlines Shadow Banning on PlayStation VR

Energy9 hours ago

Global Lithium-ion Battery Market Report 2021-2026: Focus on Lithium Cobalt Oxide, Lithium Iron Phosphate, Lithium Nickel Manganese Cobalt & Lithium Manganese Oxide

Energy9 hours ago

Temperature Controlled Packaging Solutions Market worth $80.1 billion by 2026 – Exclusive Report by MarketsandMarkets™

Energy9 hours ago

Company Insights for the Chemical Product and Preparation Manufacturing Industry | Emerging Trends, Company Risk, and Key Executives

AR/VR10 hours ago

Pre-order Enterprise-Ready Pico Neo 3 Starting from $699

Energy10 hours ago

Brenntag tops ICIS Top 100 Chemical Distributors ranking

EdTech10 hours ago

The Shake Up Learning ALL-ACCESS PASS!

Trending