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The Road to Ethereum 2.0 Crypto

  The Road to Ethereum 2.0 Crypto : | Ethereum 2.0 | ETH 2.0 | Cryptocurrency | Roadmap | Over the past multiple years perhaps the biggest thing everyone in the Ethereum community (and even the wider crypto community) has been looking forward to is Ethereum 2.0. The long-awaited upgrade to the Ethereum chain brings along many much-needed improvements as well as some controversial changes. But why has it taken this long and when will it be released? Is it worth the wait or is Ethereum already too late?   Understanding the idea behind Eth 2.0 Ethereum 2.0 has a few major changes that make it clearly different than Eth 1.x. It moves to a new POS consensus mechanism vs the current POW consensus, there are many reasons for this, from wishing to reduce power usage as staking nodes use much less energy than mining, to the increased efficiency of POS compared to POW and possibly even just to give additional utility to Ether. Another major change is the introduction of sidechains, essentially a

Ethereum Is A Dark Forest? The Bots And The Fees :Dan Robinson

Ethereum Is A Dark Forest? The Bots And The Fees : Image by  Tumisu  from  Pixabay   According to  Dan Robison , " Ethereum Is A Dark Forest ", infact there are bots waiting to take your funds locked in DeFi. In the Ethereum network there are bots specialized in anticipating and copying pending transactions. These robots are a legacy of automated trading. This space is known as a mempool and hosts thousands of vulnerable smart contracts and transactions. Most of us don't know what they are, but DeFi programmers are able to detect them and take advantage of them thanks to automated bots. These (arbitrage) bots monitor smart contracts found on the Ethereum network to locate pending transactions, with the ultimate goal of stealing money locked in transactions. It appears Dan Robinson was browsing a Uniswap Discord channel when he found a message that caught his eye: it was a person who needed to retrieve Uniswap tokens worth around $ 12,000. These tokens were accidentally bl

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