Should i stake my Eth on Coinbase or Lido or Rocketpool?

Hey all, I have what i consider to be a large amount of ETH sitting around I have done nothing with since 2017. 🤫

Now that it was finally announced 7 months ago that users can “unstake” and we are in another Bull run I was wondering if anyone had any ideas or advice on what to do with my Eth?

I obviously dont want to make overly risky moves but i also dont want to just sit around like I have been doing with my eth so i thought for someone who works full time and does not trade regularly staking is a good way to set it and forget it.

Staking seems more or less safe on coinbase. Although I live in the US i will be taxed on staking rewards which is a bummer. I have considered staking in lido or in a different platform for more profit but it seems less safe and i dont know how hard all that stuff would be to setup or if its worth it.

Any thoughts or advice on staking eth into coinbase or on other platforms would be greatly appreciated. Thanks all!

(newbie) Everybody is talking about low gas fees and such, but how so you actually move ETH from an exchange like Kraken to an L2?

I have an old geth keystore back from 2017 when I mined a little. What’s the best way to get this off the chain and to Coinbase so I can sell it?

So I Just tried tontransfer my 0.05ETH (worth 156€) from one Wallet to another. It failed 3x in a row because of 'out If gas', costing me 4€, 4.3€, 4.8€. 16% of the amount i wnated to send Is gone. Why ist that? Because of high traffic? What can I do to avoid that?

I really don't understand l2s, i get the scalability part but other than that, UX wise it seems terrible. You have to use all kinds of bridges, some of them work for some of the tokens, often you can't go between l2s but have to hop on a l1 before going to another l2 (and getting killed by fees) in short it's inconvenient, cumbersome and big pain in the ass. Not to mention the fragmented liquidity.

Ah on each you have different leading apps for the different stuff and so on.

I would get it if it was just one leading layer 2 but now we have 15, please explain me how is this exactly envisioned to work long term since right now I just don't see it.

How long does it take for you to be able to do swaps once you’ve transferred your eth to Uniswap

AirDAO got phished. Attackers sent them a malicious document that led to their exploitation after it was clicked. ~35m AMB token and ~125 ETH were stolen.

Hack Alert - AirDAO Blockchain Exploited For ~$1 Million

Seems interesting the canary was removed: github in the past this would lead to discussion.

As Ethereum mainnet has successfully upgraded to Dencun 7 days ago, the community and L2's dream of low fees has materialized.

One week post-implementation of blobs into the Ethereum ecosystem:

▪️ Blobs saved 96.10124 ETH or $325k during this period, signaling just the beginning.

▪️ The total number of blobs has reached 50K.

The total number of blob transactions has reached 24.679K.

The day after Dencun, Mar 14, saw the highest activity, likely as major L2s finalized their set up for using blobs, which was not always optimal 🙃

Additionally, there are now 15.718K blocks with blob transactions. Compared to the first day, the number of blobs per block has increased, with 6 blobs/block becoming more common.

https://preview.redd.it/1nn9dn55tmpc1.png?width=597&format=png&auto=webp&s=36e57a3a259a6dc275bb5b6279ac40dbc10c7c6c

The distribution of submitted blobs has seen a more balanced spread now, yet Starknet remains the frontrunner this week, with over 14k submitted blobs.

Last week Head of Ecosystem StarkWare, shared that the team is working on eating less blobs. This has paid off by moving from 80% of all blobs from Starknet on March 14, to 28% on March 15 and 14% as of today!

https://preview.redd.it/l65vi7xctmpc1.png?width=922&format=png&auto=webp&s=6c944d054a15e5fdd239b14c2f35b270106c3ade

There are plenty of excellent dashboards to keep track of all blob-related changes. Highly recommend checking out:

▪️ Hildobby's dashboard on Dune for insights into blob submitters share, number of blobs per block, and more: dune.com/hildobby/blobs

▪️ For real-time data, head to Blobscan: blobscan.com

▪️ Different blob metrics, including the most interesting about blob fee for 1 day, a week or 2 week, available at app.metrika.co/ethereum/dashboard/gas-and-fee-markets?tr=1d

https://preview.redd.it/kzd1p5xhtmpc1.png?width=1460&format=png&auto=webp&s=e8384afb1a01d4c83a5626a6e733a18cf7dd1401

Keep in mind, EIP-4844 marks just the beginning of the blob era!

Explore my post highlighting the first day of blobs: https://www.reddit.com/r/ethereum/comments/1besctg/using_blobs_day_one/

Let's embrace the upgraded Ethereum world with blobs!

Stay tuned with Everstake!

https://preview.redd.it/5tni7o3wtmpc1.png?width=1943&format=png&auto=webp&s=8a4f736251396474f5c0bad45a1b5ceb814e88be

Can somebody please tell me where I'm going wrong? I'm really not trying to FUD bags. I own POS coins but I'm just trying to think all of this through

Bitcoin achieves consensus through proof of work. In order to play in this proof of work mechanism it is extremely difficult. Miners constantly have to be looking for cheaper energy prices or update their rigs to the latest and greatest machines or else they run the risk of going bankrupt. Mining companies go bankrupt all the time if they are not able to allocate capital efficiently and have to compete in a very competitive market. Thus it is harder for coins to centralize to larger players as they are constantly having to sell coins to be able to pay for energy costs and new rigs. Additionally there is no yield on BTC so people can't get more BTC passively.

In the proof of stake world the worlds richest people can stake their coins for little to no risk at all and they can get a return. All they have to do is stake with rocket pool, Coinbase, etc... and they get more coins back. The more they stake the more coins they get back. I understand validators can run the risk of being slashed if they are acting out of line but there is not any where near the amount of competition that is in POW. My question is.. how does this not create a rich get richer system? Wouldn't this lead to coins always funneling back and centralizing to the players with the most money? How is this different from our current fiat system?

NOTE: I know you can still have rich people own a ton of coins in the BTC system but they can't passively earn more coins. They have to earn it (I.e. Microstrategy has to run a business and make money to acquire more btc) But in a POS system rich people can passively stake and acquire more and more coins through no work of their own and with little risk and get so much farther ahead of everybody else. That is what concerns me.

Thanks in advance!

Hello, I was wondering if anyone can help me with getting some USDT on the Holesky network. I was able to get Holesky ETH, but can't find any faucets for tUSDT. I tried some dexs but they're all only using Sepolia.

I'm not a developer but just a product owner trying to test transactions. I'm not able to fork something off of github, just need something web based.

Any help appreciated. Thank you.

​

edit: 0xa53a285b8FF83c1C3d7A8F2512202CBb0B213354 is the address if anyone has some spare they can send :)

https://www.sec.gov/Archives/edgar/data/2013810/000201439024000001/xslFormDX01/primary_doc.xml

https://etherscan.io/token/0x84e3719c49b0eb66b409bb9b9658d6bdf4372b63

🙌

has anyone tried Enkrypt for Base chain yet? its a browser extension wallet by MEW, they posted a guide for bridging from ethereum today https://x.com/enkrypt/status/1770518218882343033

https://preview.redd.it/i6z8lyyaujpc1.png?width=799&format=png&auto=webp&s=e74c256d2dd207dc54728135db082646aeaff672

One of Dolomite exchange's old contracts appear to have been hacked (reason appears to be an access control issue, attacker is now revoked). Attacker drained ~1.8M. Attackers address is 0x52522d35725836d48e12e64731fa170bcd9423bf and you can see him activity moving funds around.

Hack Alert - Dolomite got hacked for over ~$1.8 Million

Dencun and EIP-4844 went live on March 13, producing incredible cost reductions for Layer 2s.

Dencun Diary is a compilation of +45 core Ethereum contributors looking back on the last two years, and looking ahead to what’s next. This piece features client developers, researchers, and coordinators from 24 different teams.

🡲 Read here!

Hope you enjoy the sentiment snapshots from this time - thank you for reading and being part of the Ethereum story!

https://preview.redd.it/4hyl80r8xipc1.png?width=3000&format=png&auto=webp&s=f4d91ce0833c72a594e5e0158754b1f974423612

While I regularly sing the praises of Ethereum L2s over alt-L1s, there is one advantage L1s have over L2s, and that is the ability to fallback to social consensus, via hard forks, to fix software bugs.

An L2's security depends entirely on a smart contract deployed on L1. That smart contract in turn cannot be altered via a hard fork in the event that it malfunctions.

This owes primarily to the position held by Ethereum stakeholders at large that the underlying Ethereum protocol must never be altered to fix third party smart contracts.

The insistence against hard forking for application-layer fixes is correct in my opinion, as it ensures a credibly neutral platform, but it does impose a cost on Ethereum L2 security and thus usability.

The proposition of tens, perhaps of hundreds, of billions of dollars worth of capital moving to an L2 is daunting, as it requires that much capital being at risk of loss from a smart contract flaw. The Rollup's layer 1 contracts are also complex pieces of software with many potential places that may contain hidden flaws capable of causing catastrophic losses.

So what can be done? Well the solution would be to create enshrined Rollups which are not third party smart contracts where it would be forbidden to burden the L1 network with a hard fork to fix.

The correct operation of enshrined Rollups would be protected by layer 1 social consensus, so a malfunction would be fixed via a mainnet hard fork.

This would protect Ethereum from catastrophic layer 2 malfunctions and encourage migration to layer 2, which would massively improve Ethereum user experience and adoption.

By designating the Rollup as enshrined, the implicit promise of a Layer 1 hard fork to rectify any flaws in the Layer 2 smart contract does not compromise Layer 1's credible neutrality. This is because such intervention would not stem from arbitrary decisions by the social layer to address issues in the third-party application layer, which could imply favoritism towards specific applications, users, or developers. Instead, it relies on a structured, predetermined consensus mechanism for managing problems in critical infrastructure.

Discord seems a bit toxic. I missed out on the airdrop but people seem a bit pissed.

I got a reaction on a comment yesterday with someone saying Eth will never scale because they would comprise on security and decentralization. I thought it was part of the Surge plan to scale ETh layer 1 to 100k tps or more? I don't know what is true anymore? Will ETH layer 1 always stay this expensive and slow?

It's always better to go through several interconnected metrics to get a broader picture of what is happening, when analyzing Ethereum stats.

But sometimes, everything is very aligned and moves in the same direction. Like now 😂

Following the Dencun upgrade on the Ethereum mainnet and reduced fees, not only L2 activity experienced all-time heights, but as you may see on the dash below, the number of new and active addresses, as well as the number of transactions and on-chain volume has peaked on YTD chart 🚀

https://preview.redd.it/qz04pqc4fgpc1.png?width=1943&format=png&auto=webp&s=03e6599bf89cb0d08eacc0eaefeeaefa445db81f

With Ethereum reaching new highs, your ETH assets have the potential to do the same 🫡

Staking offers a secure and reliable way for this growth, and Everstake enables you to get into staking with as little as 0.1 ETH and scale up as much as you desire.

Unlock the full potential of your ETH assets: https://everstake.one/staking/ethereum

Stay tuned with Everstake!

So left a bag of something in a wallet, want to sell it but can't because i took all my eth out, none left to pay for gas.
I can vaguely remenber a DEX that would proceed with the tx without having to pay for gas, it would just take it out from the result of the sale. Am i tripping or does that really exist? Really need to sell that bag.
Cheers

https://www.blockchain.com/explorer/addresses/eth/0xc47b135f8d3837ba5c05efd680f3a76d98d5e9e4

Wanted to highlight improvements in zk proof computation that has potential benefits across all zk-proof based chains and protocols in the Ethereum ecosystem and elsewhere. The work was led by Supranational.

The Decentralized Storage Alliance (DSA) Announces Leap Forward in ZK Proof Computation

The Decentralized Storage Alliance (DSA) recently released cryptographic processing improvements that benefit zero-knowledge proof (zk proofs) processing within the Filecoin network, and the broader Web3 infrastructure stack. These advances optimized several key computational algorithms, as well as improved CPU and GPU processing flows to reduce cost and improve performance by up to 80%. Select advancements, specifically C2 optimizations, are now in production in the Filecoin network.

This type of zk proof compute specialization is one of the firsts of its kind in the Web3 space, but is likely to be replicated across networks that are heavily zk-proof dependent. This particular approach of using and optimizing GPUs holds great promise for reducing costs and compute times not just within the Filecoin Network, but across the entire Web3 ecosystem.

The DSA brings together technology industry leaders to help enterprises make the transition to decentralized storage technologies through reference architectures, standards, education, advocacy, and best practices. The work was part of an initiative by the DSA to improve performance and energy usage within the Filecoin network and was led by Supranational, a US-based firm that designs and develops hardware accelerated cryptography for verifiable and confidential computing.

https://dsalliance.io/resources/blog/dsa-announces-leap-forward-in-zk-proof-computation 

As far as I know goeth is a tool for other chains to interact with the Ethereum blockchain.

So if e.g. BNB smart chain is using goeth it is EVM compatible and therefore able to interact with smart contracts on Ethereum?

Is it a tool for chains that can be implemented or is it the foundation on which the chain has to be built on?

Right now, only Trezor hardware wallet supports Shamir backup.

Electrum is the only software wallet that could import Shamir seeds, but it is a btc-only wallet. And once imported it cannot export the master key.

MetaMask cannot restore Shamir seeds.

Does it meant that it is risky to store eth in Shamir backup in the long term?