In April Vitalik Buterin announced via Twitter that the Sharding improvement is coming to Ethereum network. But what is this new solution to the scalability problems of Ethereum?
Sharding — a method of increasing the number of transactions a blockchain can process by dividing the entire network into partitions called shards. With sharding certain nodes are assigned certain shards, instead of having every single node go through the entire transaction history of the blockchain. This optimizes the validation process of transactions and smart contracts, increases the throughput capacity of the network and helps in solving blockchains scalability problem.
To implement this solution the Ethereum blockchain must switch to the Proof of Stake algorithm when working with shards. In return sharding will enable the network to issue new blocks every two to eight seconds, which is significantly faster than existing Proof of Work blockchains like Bitcoin. Buterin believes that sharding is one of the most promising second layer solutions to network scalability, which can be achieved without the need for "super-nodes".
Sharding — a method of increasing the number of transactions a blockchain can process by dividing the entire network into partitions called shards. With sharding certain nodes are assigned certain shards, instead of having every single node go through the entire transaction history of the blockchain. This optimizes the validation process of transactions and smart contracts, increases the throughput capacity of the network and helps in solving blockchains scalability problem.
To implement this solution the Ethereum blockchain must switch to the Proof of Stake algorithm when working with shards. In return sharding will enable the network to issue new blocks every two to eight seconds, which is significantly faster than existing Proof of Work blockchains like Bitcoin. Buterin believes that sharding is one of the most promising second layer solutions to network scalability, which can be achieved without the need for "super-nodes".
Why on earth are you sending all this techy shit?
The market has played sideways straight. All it does is like some automatic water purifier making the noise. Teetoo-teetoo. Allday sideways.
There is no volume at all. Even a baby shark can make the market topple. Insignificant BOTs are the only ones that are setting up walls. So how to best utilize this time? We learn. We expand our knowledge. It helps us understand the protocols better. And we improve. A better trader and investor over time.
The market has played sideways straight. All it does is like some automatic water purifier making the noise. Teetoo-teetoo. Allday sideways.
There is no volume at all. Even a baby shark can make the market topple. Insignificant BOTs are the only ones that are setting up walls. So how to best utilize this time? We learn. We expand our knowledge. It helps us understand the protocols better. And we improve. A better trader and investor over time.
Why is this Quarter bearish?
I already know how annoyed you'll are with me constantly calling bear but let me break this down for you. We are going in cycles. The 60 week low is coming in the first quarter in February. I know I called January but it's the process. Slow caressing by the bears until you get exhausted and start losing faith. We have seen the same cycle back in 2013 November and around 2014 but what followed? The $20,000 bull run. I expect the coming bull to take us over $33,000 in 2022. That's the real bull you wanna see.
Start accumulating. Be smarter than the whales. Be a Potato.
I already know how annoyed you'll are with me constantly calling bear but let me break this down for you. We are going in cycles. The 60 week low is coming in the first quarter in February. I know I called January but it's the process. Slow caressing by the bears until you get exhausted and start losing faith. We have seen the same cycle back in 2013 November and around 2014 but what followed? The $20,000 bull run. I expect the coming bull to take us over $33,000 in 2022. That's the real bull you wanna see.
Start accumulating. Be smarter than the whales. Be a Potato.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
ETH on the daily, parallel channel to the downside. entirely possible we could go down to low 50 - 70 ranges, would need to hold above 118 levels.
Holy Potato. Ethereum went to $111 on binance. That short was orgasmic.
Down from $126 to $111 made you like $15 on each ethereum.
We are mashing this bear market baby!
Down from $126 to $111 made you like $15 on each ethereum.
We are mashing this bear market baby!
Position Update
I reccommed you all close your shorts on ethereum. I find the charts look amazing for a long. We have seen a systematic drop from over $150 which made us enormous amount of profits and now we believe we can have a wave up which can potentially shoot back to $150 ranges.
Position: LONG
Currency: Ethereum
Leverage: 5x to 10x
Entry: $110 - $112
Target : $127 to $155
Stop-loss : $107.5
I reccommed you all close your shorts on ethereum. I find the charts look amazing for a long. We have seen a systematic drop from over $150 which made us enormous amount of profits and now we believe we can have a wave up which can potentially shoot back to $150 ranges.
Position: LONG
Currency: Ethereum
Leverage: 5x to 10x
Entry: $110 - $112
Target : $127 to $155
Stop-loss : $107.5
📨 Hashed News Update
💵 Blockchain developers have seen growth in annual salaries over the past half year.
via Computer World
🗣 Recently announced BitTorrent Token (BTT) is “basically a marketing machine layered on a very thin veneer of technology,” according to the company’s former executive.
via BreakerMag
💻 Organizers behind a recent 51-percent attack on Ethereum Classic (ETC) blockchain have returned $100,000 to one of the affected exchanges.
via Cointelegraph
📃 Wyoming state’s local authorities have approved a financial technology sandbox bill.
via CoinDesk
🇷🇺 Russian officials have refused to use Venezuela’s national cryptocurrency, the Petro, in bilateral trade with the country.
via Bitcoin.com
💵 Blockchain developers have seen growth in annual salaries over the past half year.
via Computer World
🗣 Recently announced BitTorrent Token (BTT) is “basically a marketing machine layered on a very thin veneer of technology,” according to the company’s former executive.
via BreakerMag
💻 Organizers behind a recent 51-percent attack on Ethereum Classic (ETC) blockchain have returned $100,000 to one of the affected exchanges.
via Cointelegraph
📃 Wyoming state’s local authorities have approved a financial technology sandbox bill.
via CoinDesk
🇷🇺 Russian officials have refused to use Venezuela’s national cryptocurrency, the Petro, in bilateral trade with the country.
via Bitcoin.com
The Ethereum blockchain’s Constantinople mainnet hard fork is scheduled to occur on block number 7080000. Upgrades include
>More efficient approach to processing information in the “Ethereum Virtual Machine (EVM) from protocol EIP 145,
>New off-chain scaling capabilities from protocol EIP 1014
>Reduction in the block reward from 3 ETH to 2 ETH from protocol EIP 1234. This is expected to create some positive speculative momentum for $ETH with the implication that a network is ‘improved’ following a planned hard fork.”
-Via BNC
>More efficient approach to processing information in the “Ethereum Virtual Machine (EVM) from protocol EIP 145,
>New off-chain scaling capabilities from protocol EIP 1014
>Reduction in the block reward from 3 ETH to 2 ETH from protocol EIP 1234. This is expected to create some positive speculative momentum for $ETH with the implication that a network is ‘improved’ following a planned hard fork.”
-Via BNC
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Potato's Portfolio First day of the year and I have decided to show you some diversified portfolios that you can consider imitating. Bitcoin - 25% Experts will argue on this one because most reccommeded having at least one-third of the portfolio in BTC…
Waves is going parabolic. You probably know why this portfolio was the best pick of 2019.
BCHH19 4H Bullish
The previous quarter of 2018 gave a ton of drama for Bitcoin Cash with beat any Netflix series I watched, but now it's super stable. And I repeat stable. Not dead.
The coin has had a phenomenal consolidation and I believe it's time we start picking in the longs.
Position : Long
Coin : BCH
Leverage : 5x
Entry and exits as per chart
https://www.tradingview.com/x/d8C1Q71R/
The previous quarter of 2018 gave a ton of drama for Bitcoin Cash with beat any Netflix series I watched, but now it's super stable. And I repeat stable. Not dead.
The coin has had a phenomenal consolidation and I believe it's time we start picking in the longs.
Position : Long
Coin : BCH
Leverage : 5x
Entry and exits as per chart
https://www.tradingview.com/x/d8C1Q71R/
Monday night done well.
Forwarded from WhaleBot Alerts 🐳
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
Position Update Look let's get this clear. Bitcoin has a good support level at around $3500 and if we breaching that. We short the hell out of BTC but there is something else that I see. Disclaimer: My analysis is showing something that no other channel…
Big green dildo that no one expected. But WE DID IT AGAIN.
Types of Blockchain
1. Public blockchain: no restrictions on reading block data (which can also be encrypted) and sending transactions.
2. Private blockchain: direct access to data and the right to send transactions are granted to a limited number of organizations.
3. Permissionless blockchain: no restrictions related to the identity of transaction validators, i.e., users who can generate blocks.
4. Permissioned blockchain: transactions are processed by approved individuals that underwent identity verification. A permissioned blockchain doesn’t necessarily have to be private.
1. Public blockchain: no restrictions on reading block data (which can also be encrypted) and sending transactions.
2. Private blockchain: direct access to data and the right to send transactions are granted to a limited number of organizations.
3. Permissionless blockchain: no restrictions related to the identity of transaction validators, i.e., users who can generate blocks.
4. Permissioned blockchain: transactions are processed by approved individuals that underwent identity verification. A permissioned blockchain doesn’t necessarily have to be private.
Hashed Plutus (Crypto Signals, Technical Analysis, Education and News)
The missing piece to the jigsaw of cryptocurrency I know I delayed it a bit. But you will love this. Watch it move. Love Hashed Plutus Team https://link.medium.com/e69HvhmYeR
You remember this one?
Back in October I knew this had potential and still does. One of the holds you want to grab in dips
Back in October I knew this had potential and still does. One of the holds you want to grab in dips