In it, Carter argues that rather than fight the tide, the U.S. government should accept and take advantage of its unique position in the emerging world of global crypto monies.
In it, he argues the impact of the revolutionary period of the 1960s was much more profound than popular opinion has it, and that the age of revolution is far from complete.
It wasn’t long ago the Ethereum 2.0 upgrade went live on an official test network. Developers have been catching mission-critical bugs in the code ever since.
“This is the biggest testnet launch that Ethereum 2.0 has seen. … So we learned about things that were frustrating for people. We found some bugs. We’ve been troubleshooting a very interesting and elusive bug at the moment that can cause nodes to crash,” said Paul Hauner, the lead developer of the Ethereum 2.0 Lighthouse client.
Also testing the new Eth 2.0 mock network – called “Medalla” – and finding some surprises along the way is staking-as-a-service startup Staked. In the mind of Tim Ogilvie, co-founder and CEO of Staked, all of the bugs and unexpected issues on the Medalla network thus far are relatively minor and give no cause for concern.
“We run 25 other proof-of-stake networks and so we’re used to running in testnets,” Ogilvie said. “We see a lot of the same issues in testnets, which is that sometimes the software doesn’t communicate perfectly or has issues where the network needs to be restarted. I think [Eth 2.0] is in pretty good shape relative to a lot of the other testnets we’ve seen.”
That said, both Hauner and Ogilvie agree there are important features about the Eth 2.0 network that users need to understand before staking their ETH.
A “really important one,” according to Ogilvie, is the fact that once ETH is transferred to the Eth 2.0 network, it cannot be transferred back to the original Ethereum blockchain.
“It is a one-way trip until the next phase [of Ethereum 2.0 development] has been enabled. Your funds are not liquid. Really, the only thing you can do is participate in staking. People have to understand that fundamentally before they get started,” Ogilvie said.
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From the U.S. presidential elections of 1896 to the dot-com bubble to housing markets in 2006, these historical moments help us make sense of a truly WTF year.
Inspired by Michael Batnik’s “All Wrapped In One,” this episode examines eight moments from history that can help us make sense of one of the most chaotic years of our lives.
A look at the subculture and ethos driving the white-hot DeFi space, which has grown from $2 billion to $9 billion in total value locked in just two months.
One of the best-known macro analysts breaks down last week’s Jerome Powell speech and whether it truly represents a new policy era for the Federal Reserve.
August has come to a close. In this recap and “best of” episode, NLW looks at the big themes that defined the month. Most notable was the discussion of inflation culminating in the Federal Reserve’s newly announced policy of average inflation targeting.
The booming stock market is driven by perception of the Federal Reserve’s commitment to high prices and growing individual trading, but how sustainable is it?
