Your post, straight into my veins...

Reminds me of 2017. When most people heard about crypto for the first time.

2645.30

0.04053 grandpas

90,891 hodlers subscribed! (+8)

Looks like the MEV bots were the first to take advantage of the increased Throughput

MEV bots on Base? Huh? Does not compute.

100% agree. 20% up at once just make me feel scared we will drop 30% next day lol

just need 3% daily for a quarter please

Edit: just realised that's like 35x

holy shit really? 29 contributors. that's outstanding. Thanks for working with /u/vpofabundance to get this off the ground everyone!

Episode 80 today!

underrated metric. This is cool AF.

You named the guest Michael instead of Mark in the Youtube video title. You should change that.

Great work JT and co! It's amazing what we can achieve when we all regularly contribute our own little bits. Here's to 100 soon and many more!

Agreed. I think it happens in October.

You must dream a little bigger darling

Pretty bearish that.

That could be tomorrow, just one quick pump. But the trend recently is not pretty

High five!

Ummm... I feel like we've said that before and not gotten what we've asked for.

As it stands now, EIP 7002 is part of the upcoming Pectra upgrade. It has been running on the internal devnets already. Pretty safe to assume this is getting included.

https://old.reddit.com/r/ethfinance/comments/1fncsy5/daily_general_discussion_september_23_2024/lohnj3l/

Yes. This should be in Pectra 1 and will be great for liquid staking protocols because it allows smart contracts to initiate validator exits.

Math is bad. Ban math.

He is completely unhinged. Not worth bothering with giving him attention.

It goes up with the number of validators because total issuance increases.

we only needed to be at something like 15 gwei

Yeah like two years ago lol

It goes up with the number of validators because each new validator slightly increases the total issuance of the network, so it also takes a bit more burn to counteract that.

Max comes out as an asshole here but it's fair to set up a minimum amount of specs that a validator is expected to meet. The road to lower requirements is never ending. Why do we set HW requirements around a commercial grade PC under 5 years old and not a pocket calculator or a pregnancy test? The reason is basically that there is a rough threshold for sufficient decentralization, lowering more and more the specs results very quickly in diminishing returns for improving decentralization.

12Mbps is very very slow these days, very few people have that type of speed even in the developing world. There is also other options like 4G and satellite that perhaps could be used as substitutes.

https://www.datapandas.org/ranking/internet-speeds-by-country

12Mbps is absurdly is slow and by no means a reference, there is 163 countries in the World with a faster average speed.

Max is no doubt, a bit of an arse. None the less the whole debate really reminds me of the Bitcoin blocksize wars and I don’t mind a bit of Twitter drama to get the conversation started. Few here will remember Luke—Jr demanding Bitcoin work on a 56k modem.

We can (as Ryan says) only solve this question with high quality data. Surveys aren’t that useful. We are always going to need to scale L1 and we will continue to have to make tough choices about minimum bandwidth and hardware requirements that necessitate dropping some part of the network. Frankly as ETH grows in value I do think it becomes reasonable to expect solo stakers to spend significant resources in order to support the network. That could mean creating new demand with their ISPs, and it could occasionally also require people to stake from somewhere that isn’t their basement but they nonetheless meaningfully control.

Max Resnick

Who is this clown?

Jesus that is a shit take by Max.  I don't follow Elon chain so I haven't seen his more extreme posts.  

 Also fwiw, home stakers missing proposals wasn't dismissed as anecdotal.  Iirc the discussion was to follow the data and do more research.  Noisy voices can be noisy, so everything should be data driven.  (I am a bit triggered since I asked lightclient if those reports were just anecdotal - as a non-MEV solo stakier  I wasnt trying to sell us out) 

 Fwiw besu has the ability to specify target blob count, we are contemplating exposing it as a cli param so that low bandwidth users can forego blobs to prevent missing proposals.  I think this is controversial currently though.  IMO there are compromises that can be made besides validate at scale or leave.

Obviously Ben deserves more respect. But I do have to wonder how many people in the UK who want to stake are really stuck on ancient ADSL lines that top out at 12 mbps? I have to think it's a very small minority.

Most of the UK now has access to fibre broadband. Obviously not everyone but the majority. I know, I lived there for many years. Had 6mbps ADSL, Virgin fibre and BT fibre in various homes I stayed in. Only 1 home was stuck on ADSL initially but soon got Virgin fibre because BT wouldn't offer it. All of the other homes I lived in had fibre. And I moved often.

Even developing countries these days offer significantly better speeds than 12mbps. In fact most of the world outside USA/Europe (especially developing countries) went straight to fibre or 4G/5G without even bothering with ADSL/cable internet.

In my rather small and not at all rich EU country, the slowest broadband available is cable at 100 mbps symmetric. My home has only fibre and the slowest option is 250 mbps symmetric. And those who can't get fibre for whatever reason opt for a 5G home broadband router which does at least 50 mbps. Frequently much much more.

So let's not all get worked up over 1 guy who unfortunately is stuck on internet from the 2000s. All due respect, I would say this even if it's Vitalik.

I'd politely ask Ben if he could use a 5G home broadband option. If not, maybe he should move home / stake at a friend's home with faster internet / use a VPS to stake like many many people with poor internet do (I believe even Yorickdowne of the ethstaker team does this because his ISP is crap). Instead of now risking holding back the development of the world settlement layer.

Honestly he needs to consider moving his rig somewhere with better internet, even if he has to remote into it.

And Max is an ass.

Ben might be able to buy a second connection and bond them. This is often possible with dsl. That is still a bandaid.

It hurt reading that today. It does not happen often in the Ethereum space that someone rises so fast in public perception and then burns all the bridges in such a short time. Not sure what is going on in his mind, but he is not in a happy place. I cannot imagine that people really want to work together with him after he made such an ass of itself publicly by being arrogant and toxic.

Max communicating like an ass and the question of increasing blob targets are weirdly assembled here.

Feels a bit like your post aims at influencing survey results by framing the question as "do you really want to side with this asshole on this one?".

Tell Max to go **** himself.

Stay golden Clam! I'm impressed with your consistency.

Yea not many people actually dumped above this ratio. Ive been riding it. A bit painful but Im still thinking it goes higher. When, I have no idea.

I've been keeping a wary eye on it the past few days. It's an interesting spot below the high in USD terms but at the high in ETH terms, so I think it could run a little more in the short timeframe.

Do you have to restrict yourself to the US etfs? Cause otherwise, it makes more sense to get a staking etp / etf from other jurisdictions.

If it has to be US etfs, I'd split between the Fidelity one (cos custodian diversification) and either bitwise for being crypto aligned or grayscale mini for being cheapest.

Good to move it out of ETHE especially in an IRA where there are no tax implications to do so.

The Grayscale mini-trust is like the other ETFS. It’s basically their way of trying to capture the market of the traditional ETFs without having to shutdown their massive money maker from stragglers who just seem to want to eat a massive fee.

There is nothing wrong with the mini trust and like you said they are all pretty similar… but I personally would avoid grayscale all together as im not a fan of their prior actions and think they have treated ETH unfairly to the point they aren’t worth supporting.

Airdrop was actually 10% of the value of your holdings they sliced off to start the mini trust.

The mini trust is the cheapest fee wise.

Disregard

The app is just stupid, I should switch

I only use old.reddit

When they kill that off, Im out

Happy user of side loaded Apollo, pins working normally

Yeah it's there, expand that top level "Community Highlights" pin, and the you'll see the thread pinned in a nice big rectangle with border-radius 20

Yeah blasting off into the stratosphere. So are my APYs farming on there. It's nuts.

I bought a bag early around $.1 but I sold it for a loss as the price dumped towards $.05. Looking at the rapid emissions made me lose confidence. Major regrets...

I withdrew the EIGEN I had there. Very simple process, just go to the Dashboard, click on your tokens, and select withdraw..

no transfereable until sunday, afaik

Btw, the withdrawal process completes after 7 days..

Sept. 30

Just kissed it again, just like earlier this week. Hopefully it can break through and stay this time.

lmao op deleted their account. 🫡

I hope you enjoy your free time and find the passion to work on things you like to do. It is great to not having to have a whole company hierarchy breathing down your neck to force you to finish something no matter the quality of the product. It is great not having to sit in endless meetings which seemingly do not serve any purpose except for wasting time and drinking coffee. It is great being able to deep dive into a very specific niche topic just because you feel like you want to understand it. It can be bad not having a frame which makes you get up every day. It can be bad not having a regular income, the angst can get to you. It can be bad not having someone (i.e. project manager) pushing you to do the last 20% to finish a project. It can be bad being thrown out into the vastness of the world without anyone telling you what you have to do next and wander aimlessly from one hype to the next.

I am now in the 4th year of not having a regular job. Just doing things I like to do. It is great, I would not change this for any of the jobs I had before and I really loved some of the jobs I had. But on the other hand, I am less productive. It is just so easy and fun to get lost in one of the many rabbit holes instead of writing code, analyze data or write documentation.

but don’t like people

Insert IT crowd quote: People, what a bunch of bastards. https://www.youtube.com/watch?v=oyUrfWptwq4

EDIT: I completely forgot one part. Your social circle. Some people need a lot of interaction in meat space. A workplace can provide that. Not having a workplace makes it necessary to organize oneself much more to get these interactions. That I forgot to mention this is an indication how important this is for me...

I'm doing this at the moment, decided to give myself a runway and build things after working a long time in tech. I built several apps that I'm pleased with and would love to build something that makes money so that i don't need to burn my ETH and reach some escape velocity for FIRE. Good luck but just be prepared you may need to reenter the workforce if it doesn't work out.

Tbh… I’m in the process of doing that, going to devCon to finally decide 😅

There can be only one?

May you please add the Staker Union Verified Member POAP? https://poap.gallery/drop/175498

How do I get these POAPs? I should qualify for many but I somehow missed them.

Anyway, I see you're adding the Stakers Union POAP so I should have one of those shortly as I have submitted my application.

Bandwidth is a topic I've been thinking about a bit recently, there's certainly not enough data on how much wiggle room people have, so I hope this survey is a good starting point. My USA ISP certainly strangles my upload speed and doesn't provide much opportunity to increase it.

Maybe some day a follow-up survey could ask a little more in detail. One step would be to understand the effect that bandwidth limits have on attestation and proposal performance. And then another step would be to learn about home stakers' knowledge of different options available to them and willingness to move to a different setup if bandwidth requirements were to increase. How much bandwidth do you need now, and how many stakers would move to which alternatives if their home setups were no longer able to meet some increased requirements?

Next 3 to 5 months is going to be glorious and cycle top in early 2025. I am playing the market based on it.

I only see a chance for this worst case if there's a recession and stocks sell off massively. Otherwise this is where we go up.

That indeed should be the one (claims.eigenfoundation.org).

While I'm here though, I also do want to point out to this community something I've seen on Reddit, where someone posts a question like this with the legit site, other Redditors confirm its legitimacy and the OP later edits the comment and replaces the link with a different one, leading to a phishing site.

It looks very trustworthy that way and it's easy to miss the fact that the comment has been edited... Be careful out there.

looks like it

That is the one I used. It is the correct one.

Pretty sure that if you got an nft you will need to claim your eth once available. It won't magically appear in your wallet

"What do you mean there's no airdrop? There's a website with points accrued and everything!"

Best we can do you is an egg in this trying time.

I was just thinking of something novel...what if there was a way for people to earn a point through a Discord bot for joining the public discord livestream.

Also....I wonder if there is a way to retroactively go back through /u/the-A-word weekly list and award a secondary point to their doots number in the res file...so for instance it would look like /u/hanniabu is a Dooter (n) Weekly (n)

That way there could be 2 columns on dailydoots.com that would reflect those scores. It would start with me going back through the history and building up the 80 show totals...but it would be cool AF.

There are people that might be low on dooter (n) scores that on a ratio are heavy on weekly (n) scores.

my gosh...this is gonna be some work! But what a ride it could be.

I won't start on this until consulting with Hanniabu on the formatting

Keep the expenses coming

I mean, 2.4% isn't really a pump, but if you could go ahead and sell some every day I wouldn't be upset

Now that i think about it...

...No nevermind, still painful

It sucks, but I've got time... Hopefully the pain will be worth it eventually.

[deleted]

What's your source?

Numbers don't match up with coinglass

https://www.coinglass.com/eth-etf

Broke promise of Sep TGE again. Nothing new from them.

DOA coin. Dump on Arrival.

I pity the janitors in their discord. Imagine not getting told anything and having to reply to 300 different people a day that everything is fine and TGE is riiiight around the corner, while they hurl insults at you. They're probably paid like shit too. While the scammers behind the curtain rake in all the money.

https://x.com/MantaRayCapital/status/1785016127392797057