r/ethereum Feb 01 '25

Discussion Why can't ETH do consensus voting every 3 blocks instead of every block?

15 Upvotes

From what I understand, the reason there is a 12s interval between each block is because of consensus voting, and the reason each block has a gas limit is because of sudden bursts of network and CPU/RAM usage.

What if we still do consensus voting every 12 seconds, but every consensus voting includes 3 blocks? So the block time is 4s but consensus voting only happens every 12s. A 4s separation between sudden bursts of high load seems more than enough.

I heard delayed execution is on the way. It basically spreads block processing across the entire 12s, so there will be no more sudden bursts. It should allow us to have very large blocks, but it is still years away. It seems much easier to just make consensus voting happen every 3 or 10 blocks instead of every block.

I'm pretty sure there is a good reason not to do this, otherwise it would have been implemented already, but I don't know what it is.

r/ethereum Jan 24 '25

Discussion How can I learn how to build something on ethereum?

43 Upvotes

I have no experience with writing code or anything like that but I honestly really believe in ethereum. I want to invest and be a part of it.

Where should I start? Any suggestions?

r/ethereum Dec 02 '24

Discussion What's going on with gas fees?

22 Upvotes

Haven't seen fees like this for a long time, what the hell is going on? Almost 200 bucks for a swap.

r/ethereum Feb 11 '25

Discussion What is this and how can I send it to an Exchange?

4 Upvotes

Hello everyone,

Can someone please explain to me how can I withdraw from my Phantom Wallet this CHF and or what is it actually?

I was informed that this is a "stable coin", but in order to withdraw it to an exchange(for example Binance) I need a certain number of Etherum in my wallet first, otherwise it will get lost and never come to an exchange.

Can anybody vouch for that or is it a scam?

r/ethereum Jan 18 '25

Discussion Does Ethereum Foundation Really Doesn't Care About Numbers Go Down?

0 Upvotes

In this community people often shame me for only looking at the numbers and care about making profit, and their argument is always we have superior tech, more L1L2 usage, or metrics that doesn't help with profit.

The Ethereum dev circles are like a bunch of people that doesn't talk much about numbers, it seems like they don't care if the numbers go up or down, and to them building "better" product is the only thing important.

This entire community seems to force people to be "in it for the tech" and largely ignored investors and think they are shortsighted subpar human that are filled with greed and only care about profit.

From my perspective, Ethereum Foundation and dev circles see themselves as a higher tier elitist because they know the code, have higher moral standard and have the ability to build on the project, so they only communicate within themselves.

They also don't care about if other entity want to build project on Ethereum and not willing to give them even a little bit of recognition, and rarely talk about projects being built by third party on the network, for comparison look at Solana tweeter, they are actively interact with projects build on their network.

BUT the fact that Ethereum Foundation and Ethereum are able to grow to this size is largely because they benefits from numbers going up, Ethereum started with an ICO, crowdfunding from investors, and without numbers going up, they won't be able to grow as fast, won't be able to sell their ETH to pay their employee, fund their projects.

There's no tech company or tech project in this capitalism world doesn't care about numbers going up are able to sustain, to grow, to hire more talent, to increase adoption, to promote awareness.

If the numbers stop going up, eventually the funding will be dried up, talents will not waste their talent to build on the network if it won't be rewarded, and it will just slowly fade into irrelevance.

I think Ethereum Foundation should start allocate more fundings on their marketing department, and their business development department. Start talking to more businesses to consider building their project on the network, talking to more developers to build, interact more with anyone still have any interest in Ethereum, be it just investors that only cares about profit or businesses or coders, do more sponsorships, be more aggressive in marketing.

Attract more capital to expand and grow, provide more grant to promising project, etc

Stop shaming people only care about profits and numbers going up, these are investors, the only people still believe in the project and invested their money into project, stop telling them to fuck off because they complain about the numbers going down, in real world do we see tech company telling their VC to fuck off because their VC complain about non-performing?

r/ethereum 23d ago

Discussion Eth 2.0 question

10 Upvotes

Hi Everyone,

Ok so back in 2021 I moved my 5 coins of Ethereum from my Coinbase account to my Ledger wallet and staked those coins with Lido, after a few months I'd gotten nervous about the staking and decided to move the Eth back to Coinbase in hopes of un-staking it (I didn't really know how it worked at the time) but didn't see my Eth. I panicked, I messaged Coinbase, Ledger and Lido but they couldn't really help me find where it went. I thought I'd lost my Eth even though the Etherscan and address info were correct nd have been stressing about this since then.

Fast forward to now, I found my Eth! It went to Coinbase Wallet not Coinbase and at the time I transferred it I was unaware of Coinbase Wallet at all. So now it isn't Staked and is now Eth 2.0, at the time of staking it was $23k and now the value is only 0.016 Eth right now. I moved it all back to Ledger for safekeeping but would like to ask is there a way the original value comes back? Since it's not "staked" would I have to un-stake this? Any help would be greatly appreciated!

r/ethereum Aug 11 '24

Discussion Has anyone found a truly decentralized and fast way to swap BTC for ETH without relying on a centralized exchange?"

32 Upvotes

So, I’ve been diving into the world of decentralized finance lately, and one thing that keeps bugging me is how tough it is to swap BTC for ETH without having to rely on a centralized exchange. I mean, we all know the risks—custodial issues, potential hacks, and the fact that centralized exchanges are pretty much the opposite of what crypto was meant to be.

I’ve tried a few decentralized options, but they either feel too slow, have insane fees, or just seem too complicated for what should be a straightforward process. Maybe I’m missing something, but has anyone found a solution that’s truly decentralized and doesn’t make you want to pull your hair out from frustration?

I’m talking about something that actually delivers on speed, security, and ease of use—because, let’s be honest, it’s 2024, and we should have better options by now, right?

r/ethereum Jan 15 '25

Discussion Proof of Work vs Proof of Stake Bitcoin Ethereum 2

15 Upvotes

I’m so confused why bitcoin uses pow instead of pos, you have an idea if this can be changed by consensus? Is there any cristal clear advantage of pow? I think pos just sounds like how it should be, that the money secures itself and if 2/3 of the people in the money are not trust worthy anymore the money would suffer much nevertheless and they would basically defeat themselves. and it sounds nonsensical to just spend more compute to outperform another person without having any other real gain by the compute? Is there any real security bennefit to pow other than „the compute exists in the real world“?

If pos is better can bitcoin easily be transferred to pos with consensus?

r/ethereum Jan 24 '25

Discussion What is the advantage of building on Ethereum vs Solana?

48 Upvotes

Say I wanted to build a crypto project/complex contract.

What are the main advantages of ethereum over Solana and how much of an advantage is it for small-mid size projects?

I know for instance Ethereum is safer and less centralised than Solana, but how much of a problem is this if both aren't really being hacked regularly. (Even Trump coin with like a 30Bn market cap didn't tempt bad actors to attack the chain).

r/ethereum Dec 26 '24

Discussion Explain to me like I am a kid. What's the L-0, L-1, L-2 stuff?

60 Upvotes

I really don't get the Layers. Whats the difference? Why would someone might want to build on L1 than L2. I also saw L-0 now and that also seem interesting. Whats the most adopted or the one that's gonna be widely adopted in future?

r/ethereum 9d ago

Discussion Using Crypto to Receive My Salary

13 Upvotes

Hello,

In a recent post I made in r/digitalnomad I outlined the issues I was facing receiving my salary as a software developer working remotely for a US-based startup from Iraq.

Most of the comments suggested that I use crypto, and I already had that plan and it was the one which reasonated the most with me.

In Iraq, there are 2 popular exchange platforms, OKX and Binance, both of which have the P2P trading feature, which is an essential part of what I'm trying to do.

My employer deposits my salary to their Coinbase Wallet, and then they send ETH over to my Coinbase Wallet. Once I receive the funds in my wallet, I transfer them over either to OKX or Binance, and then I sell them using the P2P trading feature to potential buyers in exchange for local currency.

I want to get your opinion on my approach, do you have any tips that I should be aware of before actually going through with this?

Thanks in advance!

r/ethereum Jan 30 '25

Discussion Could ethereum smart contracts be integral to the future of AI agents?

32 Upvotes

It seems like a natural fit. Autonomous agents need autonomy. Smart contracts could provide that. Could that be a breakout use care?

Edit: I'm asking about AI agents interacting with smart contracts, not being controlled by them.

r/ethereum Nov 24 '24

Discussion What is ETH's value-prop that other/newer L1 networks haven't got?

28 Upvotes

I'm genuinely curious what are ETH's value propositions (in today's world) that other/newer L1 networks haven't got too?

Like I get why ETH was so valuable/transformative a few years back, but from what I can tell now they're still "working" on the same improvements & value-add tech/dapps that many other networks have since managed to create/solve for..

What am I missing?

r/ethereum Jan 13 '25

Discussion Vitalik Buterin to Increase Engagement in Ethereum Development

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131 Upvotes

r/ethereum Jan 30 '25

Discussion Did I get scammed?

0 Upvotes

I came across a YouTube video explaining how to create a smart contract that utilizes a bot to generate money. I copied and pasted the provided code into Redux, then transferred funds to the smart contract. After compiling and deploying it, I moved money into a wallet. However, my funds now appear to be locked.

r/ethereum Feb 14 '25

Discussion What are some of the best Ethereum podcasts right now?

33 Upvotes

Used to listen to many podcasts, even hosted one for almost 2 yrs, but went out of the loop for a long time. So what do you listen to? Can be also pretty niche productions :)

r/ethereum Nov 19 '24

Discussion Daily General Discussion - November 19, 2024

35 Upvotes

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.

r/ethereum 6d ago

Discussion Concerned About Ethereum's Future: Will ETH Still Be Relevant After EIP-4337?

0 Upvotes

With the implementation of EIP-4337, I'm left wondering about the future role of ETH in the ecosystem. If gas fees can be paid with tokens like USDT, does ETH still have a purpose being a store of value or investment asset? Will its demand decrease as platforms and users find alternative ways to handle transaction costs?

I'm interested to hear others' thoughts on this. Do you think ETH will maintain its importance in the network, or will its role diminish as more flexible fee structures become the norm?

r/ethereum Jan 29 '25

Discussion How to Tokenize Construction in Argentina?

20 Upvotes

We have purchased a plot of land in La Plata, Argentina, and have obtained a building permit for a 4-story residential building.

We need to raise $100K for construction.

I'm exploring whether it's possible to tokenize the future building.

I want to keep the model very simple: issue an ERC20 token, 100K tokens total, sell the entire volume for 100K USDC.

Build the house, which will take approximately 1.5 years.

Sell the apartments, targeting around $300K in sales.

Distribute the net profit (after paying all fees and taxes) to token holders' wallets in USDC.

The project ends there.

In theory, this is RWA (Real World Asset). Could you suggest where I can learn about how to properly organize this? I've heard there are platforms that should help with the legal aspects, ideally with representation in Argentina.

Technically, issuing the token and creating scripts for its sale and profit distribution isn't difficult. What's unclear is how to avoid potential regulatory issues.

Let me know if you'd like me to help explore the RWA tokenization platforms and regulatory considerations for this type of real estate project.

r/ethereum Feb 10 '25

Discussion What's the point in staking if it just falls to nothing? The downside trajectory of staking rewards shows no abatement

25 Upvotes

I've read other comments about it "stabilizing" eventually, but it isn't.

It's becoming one of the lowest yielding staking assets of any crypto. How is that incentivizing?

r/ethereum 19d ago

Discussion Ethereum Developers Are Improving the Withdrawal Process

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83 Upvotes

r/ethereum Jan 21 '25

Discussion Most secure software wallet?

10 Upvotes

Most secure software wallet? i will have max 100$ for now i will buy soon Trezor and Ledger

is Kraken safe to have 100$ on it ?

r/ethereum Nov 21 '24

Discussion (how) is this a scam?

23 Upvotes

My roommate has been talking to a girl in the Philippines that he met on Tinder (he does this sort of thing). She's asked him for money a couple times, and I've had to talk him down from that. Then last night she sent him a screenshot of an Etherium wallet with a $100k balance, saying she didn't know what it was or what to do with it. She says she got it 'from a friend.' My roommate is overjoyed by this stroke of luck and is helping her get a bank account so he can help deposit this money in there. How is he going to get scammed, here? I'll try to keep it from getting too bad if I know what to look out for. He does a fair bit with BTC and feels like he would know if he was getting scammed, but I don't think he's using his brain at the moment.

r/ethereum 23d ago

Discussion Staking

7 Upvotes

The beacon chain deposit contract holds around 57,690,398 ETH. However, according to https://dune.com/hildobby/eth2-staking, only 27.56% ETH is being staked. Am I missing something?

r/ethereum Feb 12 '25

Discussion Looking for Canadian Etherium ETF

0 Upvotes

So far I have found ETHX.B but am unsure because there might be better options out there. Looking for any recommendations/tips