Dear user!
The deposits, withdrawals, and trading of Gala (GALA) are closed due to the migration of GALA (V1) to GALA (V2). Sorry for the inconvenience caused. We will inform you as soon as the migration is completed.
Find the details at the link
The deposits, withdrawals, and trading of Gala (GALA) are closed due to the migration of GALA (V1) to GALA (V2). Sorry for the inconvenience caused. We will inform you as soon as the migration is completed.
Find the details at the link
❤1
DNT for answers
Our DNT quiz is still ongoing! Answer the questions correctly in this Google form until May 18th to join the DNT prize draw. Provide 8+ correct answers to compete for 7000 DNT.
Read this and this article to get insights for the quiz.
Check the detailed terms and conditions on the WhiteBIT blog.
Join the quiz now!
Our DNT quiz is still ongoing! Answer the questions correctly in this Google form until May 18th to join the DNT prize draw. Provide 8+ correct answers to compete for 7000 DNT.
Read this and this article to get insights for the quiz.
Check the detailed terms and conditions on the WhiteBIT blog.
Join the quiz now!
Huge Shapella upgrade for Ethereum! What’s next on the to-do list?
● EIP-4844 Cancun hardfork;
● Distributed validator technology;
● Proposer-builder separation (PBS).
Let’s dig in!
EIP-4844 Cancun hardfork
EIP-4844 is a hardfork that addresses Ethereum's main problem — scalability. It allows on-chain use cases like games and social media that require higher transaction loads. Unfortunately, current rollup chains (like Arbitrum or Optimism) are inadequate for such purposes. That led project builders to compromise decentralization in their designs. EIP-4844's sharding proposal splits the network into databases to significantly increase transaction space, making rollups using costs 20 times cheaper.
The update is slated for Q3-Q4 2023.
Distributed validator technology
Operating an Ethereum node requires solo staking of 32 ETH — a challenge for solo operators. Distributed validator technology (DVT) enables “squad staking” by allowing a team to collectively stake different amounts of ETH and run a node through multi-party computation (MPC). DVT reduces the financial barrier for individuals or small DAOs to participate as validators on Ethereum. Plus, DVT makes node validation more robust, as distributed validators can stand in for each other when hardware malfunctions.
The technology is expected to be ready by Q3 2023.
Proposer-builder separation
Some validators sell priority access to block building to arbitrage bots on the underground bribery market. These attacks, known as Maximal-extractable-value (MEV) attacks, create a serious threat to Ethereum’s decentralization, having already extracted an estimated $676 million pre-Merge. Proposer-builder separation (PBS) aims to divide the tasks of proposing and building the blocks.
It won't be ready until 2025.
● EIP-4844 Cancun hardfork;
● Distributed validator technology;
● Proposer-builder separation (PBS).
Let’s dig in!
EIP-4844 Cancun hardfork
EIP-4844 is a hardfork that addresses Ethereum's main problem — scalability. It allows on-chain use cases like games and social media that require higher transaction loads. Unfortunately, current rollup chains (like Arbitrum or Optimism) are inadequate for such purposes. That led project builders to compromise decentralization in their designs. EIP-4844's sharding proposal splits the network into databases to significantly increase transaction space, making rollups using costs 20 times cheaper.
The update is slated for Q3-Q4 2023.
Distributed validator technology
Operating an Ethereum node requires solo staking of 32 ETH — a challenge for solo operators. Distributed validator technology (DVT) enables “squad staking” by allowing a team to collectively stake different amounts of ETH and run a node through multi-party computation (MPC). DVT reduces the financial barrier for individuals or small DAOs to participate as validators on Ethereum. Plus, DVT makes node validation more robust, as distributed validators can stand in for each other when hardware malfunctions.
The technology is expected to be ready by Q3 2023.
Proposer-builder separation
Some validators sell priority access to block building to arbitrage bots on the underground bribery market. These attacks, known as Maximal-extractable-value (MEV) attacks, create a serious threat to Ethereum’s decentralization, having already extracted an estimated $676 million pre-Merge. Proposer-builder separation (PBS) aims to divide the tasks of proposing and building the blocks.
It won't be ready until 2025.
Golem is here 🪙
A new trading pair was added on! Now you can trade GLM/USDT. Explore the potential of Golem (GLM), a decentralized marketplace empowering users to share computing resources.
Check it out now!
A new trading pair was added on! Now you can trade GLM/USDT. Explore the potential of Golem (GLM), a decentralized marketplace empowering users to share computing resources.
Check it out now!
New trading pair with KZT
Exciting news! We've added the ETH/KZT pair as a trading option for you. Now, you can trade Ethereum directly with Kazakhstani Tenge.
It's already available, so check it out right now!
Trading pair: ETH/KZT
Exciting news! We've added the ETH/KZT pair as a trading option for you. Now, you can trade Ethereum directly with Kazakhstani Tenge.
It's already available, so check it out right now!
Trading pair: ETH/KZT
We need more memes!
Remember about our meme contest with PEPE, WOJAK, and FLOKI? Create a meme about one or all of the assets at once + WhiteBIT and get a chance to become one of 10 winners. The authors of the funniest memes will receive an NFT.
We are waiting for your work until the 18th of May! Find the details here. And don`t forget to fill out the form.
Remember about our meme contest with PEPE, WOJAK, and FLOKI? Create a meme about one or all of the assets at once + WhiteBIT and get a chance to become one of 10 winners. The authors of the funniest memes will receive an NFT.
We are waiting for your work until the 18th of May! Find the details here. And don`t forget to fill out the form.
How to find bull market signals
There are not so many signals that mark the bull market trend on the horizon. The rule of thumb applies to these five easy-to-spot signals. Look for these trends in our new post, and don't miss them!
There are not so many signals that mark the bull market trend on the horizon. The rule of thumb applies to these five easy-to-spot signals. Look for these trends in our new post, and don't miss them!
GoodCrypto bots explained
GoodCrypto is a cool solution for automating and optimizing trading, offering many services, including trading bots.
The Grid bot, for example, automatically maintains and manages a grid consisting of buy and sell limit orders within a specific price range and buys or sells a fixed amount of crypto. Thanks to the Grid bot, any trader can profit from even the smallest market changes thanks to a grid trading strategy.
Discover the peculiarities, advantages, and tips on using the Grid bot in our new article.
Also, we’re holding a trading competition with GoodCrypto. Join the activity and get a chance to with up to 1500 USDT and a GoodCrypto PRO subscription!
GoodCrypto is a cool solution for automating and optimizing trading, offering many services, including trading bots.
The Grid bot, for example, automatically maintains and manages a grid consisting of buy and sell limit orders within a specific price range and buys or sells a fixed amount of crypto. Thanks to the Grid bot, any trader can profit from even the smallest market changes thanks to a grid trading strategy.
Discover the peculiarities, advantages, and tips on using the Grid bot in our new article.
Also, we’re holding a trading competition with GoodCrypto. Join the activity and get a chance to with up to 1500 USDT and a GoodCrypto PRO subscription!