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![]() | 2Miners pool operators together with Lolliedieb (the author of Lolminer) has discovered a bug in the core library used in both Ethereum and Ethereum Classic after closely monitoring the epoch switch (we always do control important milestone switches for the cryptocurrencies we support). submitted by 2miners to gpumining [link] [comments] https://preview.redd.it/zhnaj1jzslx51.jpg?width=1422&format=pjpg&auto=webp&s=b689eafd954d2884bd644684f4d53fd68b1a08ee Read the complete post: Ethereum Classic: Bits of the Epoch. Potential Network Instability Due to a Severe Ethash Library Bug |
![]() | submitted by Joe-M-4 to CryptoCurrency [link] [comments] EXPERIMENT - Tracking Top 10 Cryptos of 2018 - Month 31 -74% See the full blog post with all the tables here. tl;dr: purchased $100 of Top Ten Cryptos in Jan. 2018, haven't sold or traded, repeated in 2019 and 2020, update y'all monthly. July was very strong for crypto. For 2018 Top Ten: ADA finished the month on top. ETH and XRP also very strong. Overall, BTC still waaaay in the lead and is approaching break even point. Three cryptos (IOTA,NEM, DASH) have lost over 90% of value. Over three years, cryptos outperforming S&P if I'd taken a similar approach. Month Thirty One – Down 74%Summary after 31 monthsCrypto came roaring back in July after an almost all-red June. Each crypto in the 2018 Top Ten finished July at a significantly higher value, led by ADA which ended the month +57%. Question of the month:Which member of all three Top Ten Crypto Index Fund Experiments turned 5 years old in July?A) Bitcoin B) Ethereum C) Bitcoin Cash D) XRPScroll down for the answer. Ranking and July Winners and LosersNot a ton of movement for the 2018 Top Ten group this month. Cardano and XRP both climbed one position while NEM gained two, clawing itself back into the Top Thirty. Dash headed in the other direction, dropping two places in the rankings.Considering all that has changed in the world of crypto since the beginning of 2018, it’s interesting to note that only four out of the ten cryptos that started 2018 in the Top Ten have dropped out. NEM, Dash, IOTA, and Stellar have been replaced by Binance Coin, Tether, BSV, and newcomer CRO. July Winners – It was a very strong month: all cryptos made significant gains in July. But for the third month in a row ADA outperformed the field, gaining +57% in July. ETH finished a close second, up +55% followed by XRP which gained +52%. July Losers – Even during a good month, NEM can’t catch a break. Its +23% gain made it the worst performer of the 2018 Top Ten. How has your favorite crypto fared over the first 31 months of the 2018 Top Ten Crypto Index Fund Experiment? Bitcoin still has the most monthly wins (7) but look at this: thanks to its strong 2020 including three straight monthly wins, Cardano is now right behind BTC with 6 monthly wins. Which project has the most monthly losses? NEM stands alone with 6. Every crypto has at least one monthly win and Bitcoin is unique as the only cryptocurrency that hasn’t lost a month. It came close this month, gaining “only” +26%. Overall update – BTC approaching break even point, second place ETH in the lonely middle, NEM still worst performing.Although it wasn’t able to keep pace with its peers in July, BTC continues to slowly but surely approach its break even point. It is down about $1,500 (-12%) since my purchase in January 2018. My initial investment of $100 thirty-one months ago is now worth about $88.Even though Ethereum has lost half of its value since the experiment began, it is all alone in second place: no other crypto is close. NEM seems comfortable in its usual place, down at the bottom. It has lost -94% over the life of the experiment. That initial $100 investment in NEM is now worth $5.78. Dash and IOTA join NEM as the only three cryptos in the Top Ten that have lost at least -90% of their value since January 2018. Total Market Cap for the entire cryptocurrency sector:Total market cap since Jan 2018 The crypto market added about $82B in July, making up a ton of ground. The last time we saw a similar level in terms of overall crypto market cap was way back in the fifth month of the 2018 Top Ten Experiment: May 2018. Bitcoin dominance:Le Bitdom since January 2018Since Bitcoin receives much of the attention in the press, it may surprise the casual observer to learn that Bitcoin Dominance dropped quite a bit in July, especially considering BitDom had been stuck at roughly the same level for most of 2020. This signals an interest in altcoins and a willingness to buy into riskier cryptos. Some context: since the beginning of the experiment, the range of Bitcoin dominance has been quite wide: we saw a high of 70% BitDom in September 2019 and a low of 33% BitDom in February 2018. Overall return on investment since January 1st, 2018:The 2018 Top Ten Portfolio gained over $70 in July 2020. If I cashed out today, my $1000 initial investment would return about $260, down -74% from January 2018.This sounds horrible but don’t hang yourself with a celibate rope: the 2018 return on investment is back where it was about a year ago. Take a look at the ROI over the life of the experiment, month by month, for some context: Yes, you may notice that the 2018 Top Ten portfolio has finished over half of the first thirty one months down at least -80%, but it’s nice to see the low -70s for a change. So the Top Ten Cryptos of 2018 are down -74%. What about the 2019 and 2020 Top Tens? Let’s take a look:
After a $3000 investment in the 2018, 2019, and 2020 Top Ten Cryptocurrencies, my combined portfolios are worth $3,6965 ($260+ $1,722 +$1,713). That’s up about +23% for the three combined portfolios, compared to -10% last month. It also marks the highest ROI of the three combined portfolios since I added this metric this year. The previous high was +13% back in January 2020. Having trouble visualizing? Don’t worry, I got what you need: Combined ROI So, a +23% gain by dropping $1k on whichever cryptos were in the Top Ten on January 1st for three straight years, fine. But what if I’d done the same with just one crypto? Bitcoin always wins, right? Thanks to Reddit user u/sebikun for the idea for a new metric and let’s take a look: 3-year club ROI As you can see, only five cryptos have remained in the Top Ten for all three years: BTC, ETH, XRP, BCH, and LTC. Best one to have gone all in on at this point in the Experiment? Ethereum, which would have nearly doubled. Worst choice? If I went with XRP, I would have been down -23%. Comparison to S&P 500:I’m also tracking the S&P 500 as part of the experiment to have a comparison point with other popular investments options. The US economy continued to recover in July: the S&P 500 is back up to pre-COVID levels. The initial $1k investment into crypto on January 1st, 2018 would have been worth about $220 had it been redirected to the S&P.But what if I took the same invest-$1,000-on-January-1st-of-each-year approach with the S&P 500 that I’ve been documenting through the Top Ten Crypto Experiments? Here are the numbers:
After three $1,000 investments into an S&P 500 index fund in January 2018, 2019, and 2020, my portfolio would be worth $3,540. That is up over+18% since January 2018, compared to a +23% gain of the combined Top Ten Crypto Experiment Portfolios. That’s a 5% swing in favor of the Top Ten Crypto Portfolios! As you’ll see in the table below, this is the first time since I started recording this metric that crypto has outperformed the S&P had I taken a similar investment approach. This is a big turnaround from the 22% difference in favor of the S&P just last month. 3 x $1k crypto vs. S&P Implications/Observations:The 2018 Top Ten Cryptos have consistently under-performed when compared to the overall crypto market. This month, for example, the total market cap is down -29% from January 2018 compared to the -74% loss for the cryptos that began 2018 in the Top Ten. At no point in the first 31 months of the Experiment has this investment strategy been successful: the 2018 Top Ten as a group have under-performed the overall market every single month.This of course suggests that I would have done a bit better if I’d picked every crypto, or different cryptos: throwing that $1k on January 1st, 2018 to Bitcoin, for example, would have lost me -12% instead of -74%. On the other hand, this bit of diversification has served me well compared to going all in on NEM, Dash, or IOTA, all of which are down at least -90%. The follow-on Top Ten experiments in 2019 and 2020 have seen similar, but not identical, results. There have been a few examples of the Top Ten approach outperforming the overall market in the first 19 months of the parallel 2019 Top Ten Crypto Experiment. And up until the last few months of the most recent 2020 Top Ten Index Fund group of cryptocurrencies, this approach had outperformed the overall market 100% of the time. Conclusion:Crypto had an undoubtedly strong month in July, green across the board. Was this just a happy blip, are we in for some consolidation, or are we on the way up? Stay tuned.Final words: take care of each other, wear your mask, wash your hands. Thanks for reading and for supporting the experiment. I hope you’ve found it helpful. I continue to be committed to seeing this process through and reporting along the way. Feel free to reach out with any questions and stay tuned for progress reports. Keep an eye out for my parallel projects where I repeat the experiment twice, purchasing another $1000 ($100 each) of two new sets of Top Ten cryptos as of January 1st, 2019 then again on January 1st, 2020. And the Answer is…B) EthereumEthereum celebrated its 5 year anniversary on July 30th, 2020. |
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In practice, I suspect there will be at least one, and probably two as-yet-unnamed steps between Homestead and MetropolisThis is quoted from a blog titled "Ethereum Launch Process" on the official Ethereum blog page: https://blog.ethereum.org/2015/03/03/ethereum-launch-process/
The Ethereum PoW chain, therefore, will continue to exist until at least Phase 1 in a form colloquially being referred to as Ethereum 1.x. Developers will still be committed to improving Ethereum 1.x even as the future of Ethereum 2.0 is being built. Conclusion. Ethereum 2.0 has been long-anticipated and much discussed in the blockchain ... Ethereum Foundation Blog. Latest news and announcements. Introducing the new ethereum.org developer portal Posted by ethereum.org team on October 22, 2020. ethereum.org Hey Ethereum community! We last spoke August 5 – how you been? We’re here to talk about something fresh we’ve shipped. Maybe you’ve already noticed, but we’ve got a new Developers section. For a long time, this ... The Ethereum Blog covers a wide range of topic including news, current pricing and a beginners guide to understanding Ethereum. Frequency 20 posts / year Since Nov 2017 Blog ethereumprice.ca Facebook fans 1K ⋅ Twitter followers 5.3K ⋅ Domain Authority 19 ⋅ View Latest Posts ⋅ Get Email Contact. 22. CryptCraze Ethereum News . About Blog This blog gives all information related to ... Ethereum ist eine globale, dezentrale Plattform für Währungen und neue Arten von Anwendungen. Auf Ethereum kannst du Code schreiben, der digitale Werte verwaltet, der exakt wie programmiert ausgeführt wird und der von überall auf der Welt zugänglich ist. Latest Ethereum Classic news articles and announcements. Update Clients. Clients . Aug 29, 2020 - Ethereum Classic experienced the fourth successful chain reorganization attack on the network. The network has stablized. Please use one of the current clients. Home. Knowledge. Ecosystem. Development. Press. News. Ethereum Classic Blog. All News Blog Articles Media Links. Blog RSS Feed. Blog ...
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How does systems designer Vlad Zamfir plan to migrate a multi-million dollar crypto network from one mining type to another? What might be lost in the process, and what might be gained? What is ... More info on Ethereum 2.0 (Bitmex Blog) - https://blog.bitmex.com/ethereum-2-0/ 😀 𝙏𝙝𝙖𝙣𝙠 𝙔𝙤𝙪 𝙁𝙤𝙧 𝙒𝙖𝙩𝙘𝙝𝙞𝙣𝙜 ... Ethereum is a Proof-of-Work blockchain that allows users to build their own decentralised applications. iIt is a smart contract platform that supports a generalised scripting language. Ethereum's Constantinople Hard Fork is schedule for Block #7,080,000 which is roughly Jan. 16, 2019. That means it is coming VERY soon! In this video I will explain very clearly what you need to ... ETHEREUM INVESTMENT Launched in 2015, Ethereum is an open-source, blockchain-based, decentralized software platform used for its own cryptocurrency, ether. It enables smart contracts and ...