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Is Ethereum Price Lower?

The market continues its ongoing decline. Few people in the market thought that Bitcoin would drop $ 4,000 and Ethereum would fall below $ 100. However it was also. Well, is the price lower for Ethereum better?

 

The price drop for tokens designed as a means of payment is very hurtful. However, market sales for crypto currencies that are not designed as payment solutions can have a limited impact on the main benefit of the project. Ether (ETH), used to perform operations on the network, on its own, is not intended for external payments.

Despite the sharp decline in prices, network activity this has been confirmed by. Although the ETH price has received a very heavy price hike compared to the beginning of November, the activity has not changed much since the beginning of September. Since October 1, the number of daily transactions is between 500,000 and 600,000.

 

 

What is the best price for Ethereum?

There are clear advantages of Ethereum being quite cheap. It makes it easier to make transactions on the network and make it easier for developers to create transactions on the platform. The projects complained that the cost of making an Ethereum smart contract in the past was quite expensive. Ethereum, when the highest price reached $ 1,400, a single transaction cost $ 9. Now, if the average is calculated from the $ 91.5 level each process costs about $ 0.5.

On the other hand, not everyone agrees. Mati Greenspan, senior analyst at EToro, told Crypto Briefing that a stable Ethereum price would be more beneficial than the low one. ”When the price is fixed, it's ideal for developers, because they can understand what they're going to pay for the gas and make plans accordingly, kal he said. Tir If they are low, they will have to estimate the costs that may arise in the future. It makes budgeting harder. "

In a nutshell, The ETH price is not so much variable that the price is too low or too expensive.

 

Source: Cryptobriefing

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Industry News

Ethereum Foundation Republished Community Web Site

Ethereum Vakfı Topluluk Web Sitesini Yeniden Yayınladı

According to an official tweet on the 30th of April, the Ethereum Foundation decided to publish a new update to ethereum.org.

Ethereum Foundation Community Web Site Reconstructed

According to an Ethereum Foundation blog post on the same day, ethereum.org is a repository of community-generated Ethereum content, such as documents and tutorials created by community members. I Etherea The team continues to say:

"I Etherea, blockchain and cryptocurrency A website for a community that is busy doing things like: It will be a community website established to participate in new developers and users, to educate ourselves and to each other. gibi

It is planned to have a structure divided into four sub-pages on the website so far:

”Beginners“, "Use", "Learn" and "Do" First name will be in English. The team emphasizes that the website is only a starting point; they say the community will make improvements and additions.

 

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Bitcoin News

Ethereum Developers Reveal New Ideas in PoS

Ethereum Geliştiricileri PoS Konusunda Yeni Fikirler Ortaya Atıyor

The Ethereum (ETH) blockchain, a core community of Ethereum developers gathered on May 2, said they would complete the transition to a Proof-Of-Stake (PoS) consensus algorithm by June 30th, as the core developers have pointed out.

Call every two weeks I Etherea researcher Justin Drake claims that the developers team expects to prepare code specifications for the zero phase by the end of June. Drake said:

“We still have too many ways. Still, the [code] comes from simplifications, this wonderful and fine carding process to find these latest bugs and viruses as well. "

Phase zero is the name of the first phase transition phase of the Ethereum network from the Proof-Of-Work (PoW) to a PoS consensus algorithm.

Ethereum Developers Announces New Disclosures on PoS

Phase zero offset, also known as Beacon Chain, is part of a large network transition to Ethereum 2.0, and is set to launch a new block validation system where the main role on block bids belongs to the miners instead of miners.

 

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Industry News

MakerDAO Token Owners voted to increase the DAI fee by 3% - not to increase!

MakerDAO Token Sahipleri, DAI Ücretini %3 Artırılıp - Artırılmamasına Oy Verdiler!

Maker's Ethereum (ETH) based DAI stabilcoin launched a vote on whether to increase the so-called wage by 3% on the DAO management portal on April 19.

Producing USD-pinned so-called algorithmic stabilcoin, MakerDAO aims to improve the stability of tokens by increasing its annual wage. The fee is a fee charged by Maker participants when the DAI is used as a loan.

In March, DAO raised its fee twice to 3.5%, then to 7.5% per annum. Again last week, this year, wages increased by 4% to 5% in the fifth vote, increasing to 11.5%. If the increase is accepted again, the fee will reach 15.5%.

MakerDAO Token Owners

The proposal notes that the need for an increase is discussed in a management call on April 18, when a video was uploaded to YouTube. The company voiced a mixed response in its statements to the announcement of the community vote in Reddit.

A user has expressed concern that frequent changes in the wage have turned the system into an unpredictable short-term leverage system. Other users have indicated that increasing the remuneration fee is not working.

 

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