This time is a mild bull market, the ETH2.0 beacon chain is online, the DFS TAG mining pool EOS exceeds 55 million, and the USN collateral has been voted

in #eth4 years ago
  1. This time is a mild bull market
    The price of Bitcoin has fallen back after it rushed higher yesterday. It seems that it has rushed higher and lowered many times. When the Bitcoin Big Brother fell, other currencies followed and fell even more. Everyone still has to do a good job of risk control, but for long-term BTC holders, such a price actually doesn't make much sense. Just do what you should do, just like Miss Sister said. Anyway, 1BTC = 1BTC.
    Miss Wan Hui said that the bull market this time was a mild bull market.
    The current market structure is not the same as before. Except for outdoor activities, more and more institutions have entered the industry, and the market structure has become more complete. Some listed companies have also begun to allocate a portion of their funds to allocate Bitcoin. Obviously, they all have an advantage over retail investors and are more rational overall.
    The impact of professional investment institutions and retail investors on the market is not the same. The volatility of institutional assets has become lower. As my lady said, the market’s crazy unilateral rise and Fomo sentiment led by smart traders The probability will be lower.
    As the volume of Bitcoin becomes larger and larger, the amount of funds required to promote the rise will increase, and the multiple of the BTC price increase in each big bull market should be lower and lower. As more and more professional organizations and listed companies join, the time window it leaves us will also become shorter and shorter. We must cherish the bargaining chips in our hands.
  2. The ETH2.0 beacon chain was successfully launched
    As we all know, ETH2.0 was launched in phases, and the phase 0 beacon chain was successfully launched at 20 o'clock last night.

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After the launch of the ETH2.0 pledge contract, the initial mortgage amount was still relatively small. Everyone was worried that the minimum pledge amount could not be completed on December 1st. Unexpectedly, huge whales would continue to come in for mortgage afterwards, and some wallet parties also The mortgage threshold was lowered, a large number of retail ETH was accumulated, and the minimum ETH pledge amount required by the beacon chain was finally completed in advance, and the beacon chain was officially launched.
Of course, after the beacon chain is launched, we can still participate in the pledge of ETH2.0, but the annualized return will decrease.
According to the statistics of blockchair, the number of ETH participating in ETH2.0 pledge has reached more than 900,000. If calculated according to the current ETH market price of 3900, the market value of ETH participating in ETH2.0 pledge has exceeded 3.5 billion yuan. And this part of ETH cannot be taken out at present. According to the current development progress, it is estimated that it will take about a year to take out. It can be seen that there are still many people who are optimistic about ETH in the long term.
According to the data provided byaunchpad.ethereum.org, the current annualized income of ETH pledge is 16.5%. If you don’t want to pledge too much ETH, even less than 32ETH, you can also participate in the ETH pledge service through some wallets. Some exchanges also Begin to provide pledge services of less than 32ETH, such as Binance, etc., and these pledge services are not restricted by the lock-up time, and can basically come in and out at any time, which is very convenient.

  1. DFS TAG mining pool EOS exceeds 55 million
    Big Harvest is a hot project in the EOS ecosystem. Many industry innovations have been made, and the execution is very strong. It has only been online for a few months, but the version has been iterated many times, and the new features are launched very quickly, not only by their own projects. Very good, and some functions are helpful to the entire EOS ecosystem. Let's talk about the harvest TAG mining pool in detail below.

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Dafeng Harvest’s TAG mining pool is not the same as other EOS mining pools on the market. It can be said that the EOS voting system has been improved and optimized.
EOS node voting is supported by 1 vote and 30 votes, that is, even if you only have 1 EOS in your hand, you can vote for up to 30 EOS nodes. In my opinion, 1 vote and 30 votes has its rationality, of course there are Not a small drawback.
According to the content of the EOS white paper, the number of super nodes on the EOS main network is 21. These 21 super nodes are elected by all EOS holders through voting. This is a bit like shareholder election of board representatives, with the top 21 votes. The node is the current EOS node. Since voting can be revoked and re-voted at any time, the ranking of EOS super nodes will also change in real time.
There are 21 EOS super nodes participating in block production in real time, so I think it is reasonable to vote for multiple votes. After all, blocks are not produced by one node, and there are often more than one EOS outstanding nodes in our opinion. After all, there are There are many excellent nodes, but one vote and multiple votes will also cause nodes to vote and form alliances. This may cause multiple super nodes to be controlled by an organization, which is not good for the EOS ecosystem. And I think it is reasonable to vote for more than one vote, but one vote for 30 votes is indeed too much. At least 21 votes are not reasonable.
At the same time, I also think that one vote for one vote is not the most reasonable. If everyone can only vote for one node, it may cause a very large gap in votes between nodes, and the overall degree of decentralization may be reduced, which is not conducive to The development of EOS ecology.
Dafeng Harvest's EOS node voting system is further optimized on the basis of one vote with multiple votes. When the number of EOS in the TAG mining pool is relatively small, the number of nodes that can vote for one vote is also relatively small. After all, EOS votes are few. The impact on nodes is not large. With the increase of EOS votes in the TAG mining pool, the number of nodes that can be voted also increases. The Dafeng Harvest node voting system was first implemented with 1 vote and 10 votes, but now it is 1 vote and 15 votes. As the number of EOS in the mining pool increases, there will be 20 votes per vote, or even 30 votes in the future, which will be in line with the EOS voting system.
The number of EOS voting nodes in the Dafengshou mining pool is determined by the ranking of the Dafengshou node voting system. As the number of EOS in the Dafengshou TAG mining pool increases, the number of EOS voting nodes is also increasing. A few days ago, EOS in the TAG mining pool voted for the top 20 in the Dafengshou node voting system. Now it has expanded to 22. That is, the top 22 nodes in the Dafengshou node voting system can get a good harvest. Vote for the TAG mining pool.
Yesterday another major EOS user went to the TAG mining pool to conduct delegated voting mining. At present, the EOS ticket warehouse in the Dafeng Harvest TAG mining pool has exceeded 55 million EOS. It seems that the phased goal of 5 million has been achieved, and the next goal is 1 Billion EOS.
The big harvest TAG mining pool's EOS ticket warehouse has been increasing, the main reason is that the annualized revenue of the TAG mining pool is more than 20% far higher than other EOS nodes, and the price of TAG has not collapsed, but has risen a lot.
In terms of EOS node voting, Dafengshou TAG did a good job, and recently it will launch Dianping’s World Good Node. It is estimated that there will be some voting standards and a basic introduction to the node, such as what contributions have been made to the EOS ecosystem. The bumper EOS node voting system is getting more and more grounded.

  1. Dabao USN stablecoin collateral EOS has participated in the TAG mining pool voting
    The DIP18 proposal initiated by Dabao a few days ago has been passed and implemented.
    The content of the proposal of DIP18 is: EOS pledged in the USN contract will help TAG mining pool nodes to vote, obtain votes by buying REX and delegate voting rights to the TAG mining pool. The node revenue obtained from voting will be used as a market-making reward for the EOS+USN Swap liquidity pool.
    This is a win-win service. Not only can it help the DFS TAG mining pool, but the voting proceeds are also used for EOS+USN market-making rewards.
    It can be seen that, among the EOS currently in USN collateral, 440,000 EOS voting rights have been delegated to the proxy voting account of the Dafengshou TAG mining pool.
    There are more than 1.3 million EOS in the USN collateral, and only about 33% are voted. One third of EOS is voted, and there should be no run. It will not have much impact on the price stability of USN. After all, over-collateralization is adopted, and EOS price fluctuations are also limited.