Ethereum Prepares for Shanghai Hard Fork: Testnet Progressing to Block 4,000

• Ethereum developers are preparing to deploy the Shanghai public testnet for the highly anticipated hard fork in February 2023, with the mainnet implementation tentatively scheduled for March.
• The main priority for the developers is staked withdrawals, and code related to EVM Object Format changes, or EOF, was removed from Shanghai to ensure that the focus remains on staked withdrawals.
• During the 152nd All Core Devs meeting on January 5, 2023, Devops programmer Barnabus Busa reported that the current developer test network for Shanghai has already progressed to block 4,000, with all EL and CL client combinations currently running.

The Ethereum development team is currently in the midst of preparation for the highly anticipated Shanghai hard fork, and in the most recent All Core Devs meeting, the team discussed the progress of the fork and what to focus on.

The public testnet for the Shanghai hard fork is scheduled to be deployed in February 2023, while the mainnet implementation is tentatively planned for March. The main priority of the team is staked withdrawals, and code related to EVM Object Format changes, or EOF, was removed from Shanghai to ensure that the focus remains on staked withdrawals.

During the 152nd All Core Devs meeting on January 5, 2023, Devops programmer Barnabus Busa reported that the current developer test network for Shanghai has already progressed to block 4,000, with all EL and CL client combinations currently running.

The team is further striving to ensure that the Shanghai hard fork is a success, focusing on a few key areas. For one, the team is ensuring that staked withdrawals are functioning correctly and securely. Additionally, the team is also working on minimizing any delays that might be caused by the hard fork.

Finally, the team is also focusing on optimizing the Shanghai hard fork. This includes reducing the size of the codebase of the Ethereum Virtual Machine and improving the security of the network.

Overall, the Ethereum development team is making steady progress towards the successful launch of the Shanghai hard fork. With the public testnet already underway, the team is confident that the hard fork will be a success.

Crypto Gains Popularity in Chile: 23% of Investors Choose as First Investment Option

• Crypto has risen in popularity in Chile and is now the third most popular investment asset, behind investment funds and real estate.
• The survey from Bain & Company found that 23% of those polled chose crypto as their first investment option for 2022.
• The trend is driven by investors who view crypto as a potentially lucrative investment despite the industry’s challenging year in 2022.

Cryptocurrency has seen a rise in popularity in Chile as an investment option, according to a survey conducted by global consulting firm Bain & Company. The survey found that crypto is ranked as the third most popular asset choice among Chilean investors, after investment funds and real estate. This trend is being driven by investors who are seeking alternative investments in light of volatile markets and the potential for high returns on crypto investments.

Chile, which has faced high devaluation and inflation rates in recent years, is among the five countries in Latin America with the worst inflation. This has caused investors to look for alternative investments, and crypto has become increasingly popular as a result. According to the survey results, 23% of those polled chose crypto as their first investment option for 2022, putting it in third place among all options. Investment funds took first place in the survey, with 36% of the polled having chosen this as their first investment option, while 24% of the people polled answered having invested in real estate.

Marcial Rapela, partner at Bain Chile, commented on the survey results by saying, “This figure coincides with the trend that we have seen in recent times, where digital currencies have become increasingly popular given their high levels of liquidity and the potential for rapid returns.” He went on to say that many investors view crypto as a more secure and reliable investment option than traditional investments, such as stocks and bonds.

The survey results are likely to be seen as a positive sign for the crypto industry, which has had a challenging year in 2022. This includes the bankruptcy of FTX and the demise of Terra, two major players in the industry. Despite these difficult events, investors’ trust in crypto has not been shaken, and many are still looking to it as a potentially lucrative investment option.

The rise in popularity of crypto in Chile is a sign that the industry is continuing to gain traction in the country and across Latin America. With the potential for high returns, investors are increasingly turning to crypto as a safe and reliable alternative. This trend is likely to continue in the years to come, as more investors look to crypto as a viable investment option.

Der Investor, der das Szenario der „Todesspirale“ angesprochen hat, hat vielleicht doch Recht

Die Zeichen der Apokalypse stehen uns bevor: Die Bitcoin-Transaktionsraten erreichen Spitzenwerte, die Blockzeiten nehmen zu, und Mempool ist überlastet, wie Zach Resnick, ein geschäftsführender Gesellschafter von Unbounded Capital, vorhersagt.

Vernichtung ist wahrscheinlicher
Als Resnick am 8. Mai mit Cointelegraph sprach, argumentierte er, dass das Szenario der „Todesspirale“ keinen Preis hat und dass die Gemeinschaft seine Wahrscheinlichkeit unterschätzt. Er sagte, es gebe immer noch vielleicht nur eine zwei- oder dreiprozentige Chance, dass eine Halbierung die Kette vollständig beenden wird, aber seiner Meinung nach wurde Bitcoin so bewertet, als gäbe es eine nullprozentige Chance, dass dies geschieht. Außerdem sagte er, dass ein großer plötzlicher Rückgang wahrscheinlicher sei:

„Ich setze eine Chance von mindestens 10 Prozent auf einen großen plötzlichen Rückgang.

Bitcoin-Hashrate fällt um 30 Prozent, was Experten als positives Zeichen werten
Es sei darauf hingewiesen, dass Resnick und sein Team starke Befürworter des

sind und glauben, dass Craig Wright Satoshi Nakamoto ist.

Ist die Netzwerkaktivität eine Rechtfertigung für Resnick?

Resnicks Argument für die Todesspirale lautete etwa so. Da die Halbierung das Kopfgeld pro Block reduziert, wird eine große Zahl von Bergleuten das Netzwerk verlassen. Mit abnehmender Haschrate des Netzes nimmt die Blockzeit zu, das Netz wird überfüllt. Dies wiederum macht Bitcoin weniger attraktiv, da die Teilnehmer nicht ewig auf die Bearbeitung ihrer Transaktionen warten wollen. Dies führt zu einem Rückgang des Preises von Bitcoin, wodurch mehr Bergleute aus dem Netz gedrängt werden. Dieser Vorgang wird so lange wiederholt, bis das Netzwerk stirbt.

Erstens ist die Haschrate innerhalb von drei Tagen um 30% gesunken. Infolgedessen hat sich das Sperrintervall erhöht, was bedeutet, dass weniger Transaktionen verarbeitet werden. Dies führte zu einem Anstieg der Zahl der Transaktionen, die auf ihre Bearbeitung warteten (mempool). Die Transaktionsraten von Bitcoin richten sich nach Angebot und Nachfrage, und der Rückgang des Angebots hat zu einem mehrfachen Anstieg der Transaktionsraten geführt.

Bitcoin Cash und BSV Hash-Raten steigen nach Halbierung der BTC

Auch wenn die aktuellen Daten die Vorhersagen des Jüngsten Gerichts unterstützen mögen, ist es höchst unwahrscheinlich, dass die vorübergehende Verlangsamung des Bitcoin-Netzwerks zu seinem endgültigen Untergang führen wird. Letztendlich werden Preis- und Schwierigkeitsanpassungen zu einem neuen Gleichgewicht des Netzwerks führen.