Daily Crypto NewsEDITION #671, 19 January 2023

Ethereum Shanghai is coming; why do you eat FUD?

Hey Moni Maker 💠

Today, in 1903, France held the first Tour de France bicycle race. Long story short, this bicycle race lasts several days: cyclists pedal along the Paris-Brest-Paris route.

Generally, people who are passionate about something are obliged to have a community that is also passionate about something. Today we have Ethereum Shanghai Digest and crypto in general. We've got our bike race that never ends...

Let's go!

We were in London; now we want to go to Shanghai (Ethereum updates)

Genesis may go bankrupt, and the U.S. bans the Russian exchange Bitzlato. Fine, OK, OK! But...why do we like to ignore good news? We mean the Ethereum news :)

Ethereum successfully completed its Merge on September 15, 2022. The following stages were supposed to be Surge, Verge, Purge and Splurge. But the developers decided to do the "Shanghai" update and then go for the "Proof-Of-Stake" updates.

Surge, the next stage of the POS Ethereum update, should increase TPS. Like, the transactions will go faster, and the amount will also be more significant. Shanghai will help with this update; that's why it should go earlier.

Now let's talk about the Shanghai update. The main feature of the update will be EIP-4895: Beacon Chain Push Withdrawals as Operations. In short, validators who have been pushing their Ethereum into staking will now be able to withdraw it. And long-term ETH holders and stakers will get more rewards for holding and staking the asset.

On top of that, there will also be EIP-3651: Warm COINBASE. This will distinguish between people who build projects and speculators - the first ones will no longer have to pay fees for failed transactions on the Ethereum network. The testnet should come this February and the manner in the mid-March. More EIPs ar waiting for you by the link.

So what?

Because of the FTX crash, we couldn't realize the scale of Ethereum updates. Ofc, that's how the human brain works - we love negativity ethologically... Negative news helped us survive many ages ago. Nowadays, negativity kills us.

So you, Gem City resident, should be brave enough to pay attention to positive news and build the world but never destroy it.

#MONIMAKER

Moni Discover: Testnet is live!

Gem City, did you know we have the Moni Discover platform? Eh, it's the platform you can find the 100x gem project. It will help you check the projects' score, gem followers and such details. Soooo... you can participate in testnet!

The Mr Guide:

– Join Discord

– Go to platfrom

– MetaMask!

– Get some test ETH via faucets: this one and this

– Purchase the subscription (it's a testnet! it's free!)

– Create "Watchlist"

– Put some alerts via this guide

– Leave your feedback via this form

Deadline: 24 Jan

Rewards: Active users will receive 2 weeks free platform usage and 20% discount on ANY subscription plan.

GL!