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Welcome to today’s Daily General Discussion!
Please use this thread to discuss Ethereum topics, news, events, and even price!
Yes, we are trying something new and will allow price discussion, but only in this thread! Price discussion posted elsewhere in the subreddit will continue to be removed.
As always, keep it friendly and follow the sub’s rules.
The ticker is ETH.
The transaction hash is 0x83c48dbcaba55c0a6852fb7f21b04e56e6b316c00ceb5ab6234e7c699c719beb .... my portfolio tracker is showing a transaction that I sent USDT early this morning, though I didn't send any USDT to any other wallet this morning I only received USDT. On etherscan the TXN Type is displayed as 2 (EIP-1559), I don't really understand what that means, I looked it up but am too stupid to understand it I think. I THINK that the funds are NOT actually missing from my account, though honestly I don't remember how much USDT I had before the transaction showed up. Any help is GREATLY APPRECIATED. I will literally pay someone to tutor me on this stuff, I am pretty lost. THANK YOU, EVERYONE!
First a bit of context:
I guess most people here use crypto primarily via desktop wallets (like MetaMask). So you don’t use crypto the way you’d use Cash App or Revolut for everyday payments or 10 small txs per day.
But the truth is that people spend most of their non-work time on mobiles, scrolling YouTube, Instagram, or WhatsApp. So, if we want Ethereum to reach significant consumer adoption, our mobile experiences must be great because this is what people are used to, and troubleshooting stuff on mobile is very irritating. Plus most people in Asia and Africa are mobile-first.
Why do I even talk about it?
So we've been building Kiwi for like 1.5 yrs. Our idea has been to stay open and Ethereum-aligned. This means that we haven’t set up “Sign in with Google” or embedded wallets powered by Privy, Capsule, and others. We haven’t even built an Android or Apple app - we have a PWA app so that everyone can use it.
Since our app is primarily focused on people reading and discussing Ethereum-related content, the mobile experience is very important for us. But unfortunately, mobile wallets just don’t work.
I've been flying around the world to attend conferences - from Istanbul to LA and saw people getting onboarded to our app. They used Rainbow, Coinbase Wallet, Metamask and many other wallets.
Metamask basically doesn't work most of the time. Rainbow sometimes breaks down, too. Coinbase wallet used to be the best, but now they redirect people to create a passkey wallet, which is confusing.
And it’s not only Kiwi - many users have similar problems on established apps like Zora. Some just say: “Ah yeah, it’s normal. I will figure it out once I get in front of my laptop”. Can you imagine trying to onboard users to your app in these circumstances?
Last year, my co-founder even made a viral thread about testing different mobile wallets, and since then, not a lot has changed: https://x.com/timdaub/status/1673591390687690753
And it’s not that the Ethereum community doesn’t care about the UX. Vitalik even said at one of his talks: “We should be as decentralized and open as Linux and Android, and at the same time have as consistent a user experience as Apple.”
But if Steve Jobs were still alive and saw what the hell is going on with our mobile wallet connections, he'd just ban crypto wallets from AppStore forever.
Wallets are something that needs to work 99.9999% of the time. You can't build consumer crypto apps - and have real adoption - when wallets work 80% of the time. But this is the sad reality that’s making the adoption much harder.
And the reason everyone is so excited about embedded wallets is because they go around these obvious bugs. But it's not a solution either because the dapp gets the vendor locked in, and the user has to create and send money to a new wallet without his identity and onchain history. And the whole idea is to have your ENS and onchain history in one place, in your hot wallet.
The question is, why does it keep happening? Maybe because it's just complex - people use different browsers - from Firefox, through Chrome up to Opera - and wallets must be compatible with all of them. But then, how do the desktop wallets work 99.99% of the time?
If we had solved the Merge, I imagine we would have found a way to connect mobile wallets reliably. But it’s been 1.5 years now, and this mobile wallet connectivity problem is still omnipresent.
Hello! I'm looking to implement a crypto payment system where users can deposit funds without logging in—ideally through a simple QR code scan or by pasting a wallet address. However, I still need a way to track each user and monitor their total deposits. The main requirements are:
Questions:
Welcome to today’s Daily General Discussion!
Please use this thread to discuss Ethereum topics, news, events, and even price!
Yes, we are trying something new and will allow price discussion, but only in this thread! Price discussion posted elsewhere in the subreddit will continue to be removed.
As always, keep it friendly and follow the sub’s rules.
The ticker is ETH.
Yesterday I tried to make a payment, so I bought some USDC on Ethereum network and sent it to my Trust Wallet. I moved $650$ worth of USDC and paid about $4-5 in gas fee for the transaction. No biggie.
I decided to not make the payment after all, and now I want to send back the USDC so I can sell them, but TrustWallet wants over $130 of gas fees. (UPDATE: IT'S OVER 270 NOW.)
How is this possible? Am I doing something wrong? How could the transaction cost about $4 yesterday and over $130 today?
Btw I checked multiple times during the day and the cost was always insanely high.
I mean I understand gas fees are dependant on congestion of ETH network but $130 for a single transaction?
How can I get my money back to Revolut without losing almost $140 just for sending it back and forth? This is insanity.
On Trust Wallet there are multiple options of selling my USDC directly but I don't know if they are trustworthy(MoonPay or Ramp).
EDIT: The fee is about $270 now. 😂😂 Seriously, is Trust Wallet a scam? Am I overlooking something?
Even Swapping my USDC to ETH costs about $270. How could it cost 5$ yesterday, same ETH network, and today 270?
If someone has any idea how to help me get my money back without paying these insane fees, I will send him/her like $20 or so. Thank you.
I'm writing a report about institutional products being built on crypto rails, and curious what products ppl are aware of that are being built on Ethereum. Blackrock's BUIDL fund is a big one.. what else have I missed?
Welcome to today’s Daily General Discussion!
Please use this thread to discuss Ethereum topics, news, events, and even price!
Yes, we are trying something new and will allow price discussion, but only in this thread! Price discussion posted elsewhere in the subreddit will continue to be removed.
As always, keep it friendly and follow the sub’s rules.
The ticker is ETH.
With Ethereum gas fees staying pretty high, what keeps people on mainnet instead of moving to at least some of the L2 solutions? I know the mainnet has unmatched security and decentralization, but with more projects going multi chain, it feels harder to justify the extra cost.
For those who still prefer mainnet, what’s the main reason? Security, habit, or something else? Interested to hear your thoughts!
This isn't personal promotion, I'm looking for advice on approach to take. I'm a web3 designer searching for opportunities to work with web3 projects. Applied to a couple with no show. What's your go-to strategy or advice for landing a job as a web3 designer in the Ethereum space? Thanks.
I’m posting this because Zerion wallet just cost me funds in what looks like either a major UI failure or worse: an intentional setup to siphon funds. After following Zerion’s instructions step-by-step, my swap transaction directed my assets to a mystery address without delivering any of the tokens I was supposed to receive. Here’s the rundown – and I’m curious if anyone else has seen their funds vanish this way.
I attempted to swap 160 SPX6900 for SOL using Zerion, which recommended 1inch as the swap provider. I followed the process exactly, hitting the big SWAP button multiple times until finally clicking Sign and Send after the transaction had been verified safe by Zerion. But instead of completing the swap, my funds were sent to an unknown address, leaving me with nothing in return.
If this is a UI bug, a security vulnerability, or worse an intentional scam Zerion needs to be held accountable, not sidestep responsibility and accountability. We’re trusting platforms like Zerion with our assets, and they have a duty to ensure their UI isn’t leading users straight into financial loss.
Hello /r/Ethereum!
Welcome to our new weekly discussion thread, "What are you building?" This is a space for developers, entrepreneurs, and enthusiasts to showcase their projects, share ideas, and seek feedback from the greater Ethereum community.
Share Your Projects: Whether you're developing a decentralized application (dApp), launching a new layer 2 network, or working on Ethereum infrastructure, we encourage you to share details about your project. Please provide a concise overview, including its purpose, current status, and any links for more information (do NOT provide X/Twitter or YouTube links - your post will be automatically filtered).
Engage and Collaborate: This thread is an excellent opportunity to connect with like-minded individuals and application testers. Feel free to ask questions, offer feedback, or seek collaborations.
Safety Reminder: While we encourage sharing and collaboration, please be cautious of potential scams. Avoid connecting your wallet to unfamiliar applications without thorough research. Utilizing wallets or tools that offer transaction simulation (e.g. Rabby or WalletGuard) can help ensure the safety of your funds. Never give out your seed phrase or private key!
We are looking forward to hearing about how you are pushing the Ethereum ecosystem forward!
P.S. DevCon is soon (Nov 12-15)! Tickets are sold out but you can apply for the waitlist here.
Welcome to today’s Daily General Discussion!
Please use this thread to discuss Ethereum topics, news, events, and even price!
Yes, we are trying something new and will allow price discussion, but only in this thread! Price discussion posted elsewhere in the subreddit will continue to be removed.
As always, keep it friendly and follow the sub’s rules.
The ticker is ETH.
We know Solana and Base have always housed memes and in 2024, Solana has been reaping the benefits of just the memecoin market we've had while utility tokens have suffered.
Is it good to bring memes to Ethereum? And will a tool like pump(dot)fun even succeed on Ethereum?
The Ethereum community still seems to ignore or taboo discussions on price.
Even after the transition to POS, the equation of 'price = security' has been established for Ethereum.
In the debate with Bitcoin maximalists, the Ethereum community, including Vitalik, argued that the burning mechanism is better for increasing value than the fixed issuance amount.
This is also why Justin Drake's 'Ultra Sound Money' meme was born.
I think we need to discuss more seriously how to gradually increase the price of Ethereum. This is not just about making money. The goal is to make Ethereum the network with the strongest security and censorship resistance.
What Bitcoin has gained strong supporters for now is the guarantee of scarcity. The belief in the immutable issuance rules. In the case of Ethereum, the policy on the total issuance amount seems too vague. I think this is Ethereum's worst selling point.
I thought about several monetary policies.
Increase the burn fee when the target total issuance exceeds 100 million, and reduce the burn fee when it falls below, maintaining 100 million.
Burn all fees including MEV to create endless deflation. When the total issuance decreases to 50 million, split the coin in half. Then, the number of Ethers will be 50 million -> 100 million -> 50 million -> 100 million repeatedly. People get excited when companies like Tesla and Nvidia do Stocksplit.
Set the total issuance to 100 million, and stakers only get the fees.
I made an ETH transfer to my Trezor, but I made a mistake by choosing the BEP-20 (BSC) network, which is not supported by Trezor. The transfer should have been made via the Ethereum (ERC-20) network.
To try to recover the funds, I set up a wallet in MetaMask connected to the BNB Chain. In BscScan, the transaction appears as confirmed, and the balance is correct and at the address.
I then transferred BNB to the same address to cover the transaction fees. I also added the BNB Chain network to MetaMask and imported the Binance-Peg ETH token using the contract
After restarting the application and checking the network, the assets still do not appear in MetaMask.
What can I do to make the assets appear and be able to move them?
Squad Staking in the Lido Community Staking Module (CSM) is LIVE for the early adoption phase.
You can participate with a less than 1.5 ETH bond, as this bond will be shared with your staking squad.
Welcome to today’s Daily General Discussion!
Please use this thread to discuss Ethereum topics, news, events, and even price!
Yes, we are trying something new and will allow price discussion, but only in this thread! Price discussion posted elsewhere in the subreddit will continue to be removed.
As always, keep it friendly and follow the sub’s rules.
The ticker is ETH.
Hoping for some info on how to find my missing ETH, I transferred it from my coinbase wallet app to my meta mask wallet but it never showed up. I attached some photos for reference.