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Ethereum official website: The merger will not reduce the gas fee, and the pledged withdrawal will be enabled after the upgrade in Shanghai.



Time:8/17/2022 12:31:25 PM

[Ethereum official website: The merger will not reduce gas fees, pledged withdrawals will be enabled after the upgrade in Shanghai] On August 17th, the Ethereum official website launched by the Ethereum Foundation clarified the merger guidelines in the Ethereum upgrade guide. Misunderstandings, including: 1. The statement "32 ETH is required to run a node" is wrong, anyone can freely synchronize their own self-verifying copy of Ethereum (that is, run a node), without using ETH, no matter before and after the merger. 2. The merger is a change in the consensus mechanism, not an expansion of network capacity, nor will it reduce gas costs. 3. The statement that "transactions will be significantly faster after the merger" is wrong, although there are some minor changes, the transaction speed of L1 will remain basically the same. 4. Pledge withdrawal will not be enabled immediately after the merger, and pledge withdrawal will be enabled in the subsequent Shanghai upgrade. 5. After the Shanghai upgrade, the fee reward will be credited to the mainnet account controlled by the validator and available immediately. 6. When withdrawals are enabled, the rate at which validators/stakers withdraw is limited for security reasons. 7. More up-to-date estimates predict a post-merger staking APR closer to 50%, not 200%. 8. The merged upgrade aims to transition to proof-of-stake with zero downtime.

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A blog post by researcher "GM" argues that although a rich ecosystem has been built on the Ethereum EVM-compatible chain, the results show that if you want real high performance now, you must focus on areas other than the EVM. An earlier version of this blog post also suggested that users would eventually need to "ditch the EVM" (this section has now been removed). The GM concludes that over time, other Layer 1 blockchains will overtake EVM-compatible chains. (Cointelegraph) [2022/3/3 13:34:38]

Data: Over Half of Ethereum Hasn't Moved in the Last 12 Months: Glassnode Data Shows Over Half of Ethereum's Circulating Supply Hasn't Moved in Over a Year, and Only 39.6% of ETH Has Been Transacted in the Last 12 Months . This data shows that before the arrival of ETH2.0, many whales began to accumulate in 2019, and the phase 0 of ETH2.0 is expected to start in the next few months, and users will put ETH into use. [2020/10/15]

The Data: Transaction Fees Earned by Ethereum Miners Drop Over 85% in Nearly Three Weeks: The average transaction fee on Ethereum (ETH) hit an all-time high last month at almost $12, a boon for traders and Other ETH users caused great distress. As a result, fees for ethereum miners have skyrocketed, with transaction fee revenue reaching $166 million in September alone. But now, things have largely returned to normal. According to data from Glassnode, the total amount of transaction fees earned by miners on Ethereum has dropped from a peak of 42,763 ETH on September 17 to 5,898 ETH yesterday, representing a drop of 86.2% in three weeks. Correspondingly, the average fee per transaction has fallen by a similar amount, from a peak of $11.62 on September 17 to $2.1 yesterday. This makes using the Ethereum blockchain less expensive. It’s not just transaction fees that have fallen sharply over the past few weeks. The absolute number of transactions on the Ethereum network has also dropped significantly, reaching 935,000 yesterday, down 29.2% from the peak of 1.32 million reached on September 17. The total value of deals fell even more. From 6.5 million ETH on September 17 to 1.7 million yesterday, a drop of 74%. The increase in fees between June and September was mainly due to the rapidly expanding interest in the DeFi industry. (Decrypt)[2020/10/5]

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