Ethereum is SCALING! ETH Could Go Parabolic!! 🎢

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📺 Useful Vids 📺

ETH 2.0 Leads to Rally 👉 https://www.youtube.com/watch?v=8HHdrmA4sEU
ETH in 2021 👉 https://www.youtube.com/watch?v=NLr2HMz_tvg
Saving ETH Gas 👉 https://www.youtube.com/watch?v=6CdD9ucSvTc
Matic Network 👉 https://www.youtube.com/watch?v=B4fmnSRYHMQ
xDai 👉 https://www.youtube.com/watch?v=V4KCXJl7Ees
OMG Network 👉 https://www.youtube.com/watch?v=GFsN85s0kB8

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– TIMESTAMPS –
0:00 Intro
2:08 What’s the Problem?
5:53 Layer 2 Solutions
10:15 What are Rollups?
12:52 Word from our Sponsor
13:59 Optimistic Rollups
15:12 Optimism
17:30 EIP 1559
21:39 Conclusion


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⛓️ 🔗 Helpful Links & Sources 🔗 ⛓️

Layer 2 Solutions: https://medium.com/interdax/ethereum-l2-optimistic-and-zk-rollups-dffa58870c93
Deribit Insights EIP: https://insights.deribit.com/market-research/analysis-of-eip-1559/
Why EIP 1559 Is Great: https://www.reddit.com/r/ethereum/comments/lk1rjp/this_is_why_eip_1559_is_good_and_why_vitalik/
Optimism: https://optimism.io/
Layer 2 Alternatives: https://near.org/blog/layer-2/
Vitalik on Rollups: https://vitalik.ca/general/2021/01/05/rollup.html

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🤔 Why Scaling Issues? 🤔

As the premier smart contract blockchain, there are tens of thousands of dApps all competing with each other for computational resources.

All of these users are competing with each other to have their transactions included in Ethereum blocks. In their bid to get their transactions first, they will inevitably bid up gas prices.

It’s also the fact that these transactions are clogging up the network in general. As they wait to be included in the blocks

ETH 2.0 is being worked on but is still some time away. We need immediate solutions.

🤓 Potential Solutions? 🤓

These are solutions that will take the strain off of the main Etheruem chain and hence reduce the transaction bloat. These include the following:

– Payment Channels
– Sidechains
– Plasma

However, each of these solutions have their own challenges that make them far from ideal. We need more attractive options.

📈 Optimistic Rollups 📈

Optimistic rollups are one of the most exciting layer 2 solutions that are currently being worked on. You may have seen it being mentioned by many folks in the Ethereum community as a gamechanger for scaling.

This is an off-chain aggregation of transactions all within an Ethereum smart contract. In this smart contract, users can transact with security guarantees

You have two types of rollups, and these are zk-Rollups & optimistic Rollups

One of the problems with zk-rollups is that currently it is a lot harder to port over current Ethereum smart contracts from the main chain to ZK-rollups. It will be some time before it can realistically help Ethereum scale smart contracts

Optimistic rollups are a bit different in the way they deal with invalid transactions. ZK rollups eliminate invalid transactions through the use of these zero knowledge proofs. With the optimistic rollups, there is a challenge period where anyone can submit a fraud proof

📈 Optimism 📈

This is a project working on Optimistic rollups that is backed by Andreesen Horowitz

They have been working on optimistic rollups since June of 2019. They have come a long way since and have received backing from a number of high profile VC firms. This was led by none other than Andreesen Horowitz who helped them raise $25m.

The Optimism devs have been hard at work and are aiming for a mainnet launch this March. This has of course led to a great deal of excitement in the Ethereum ecosystem

💳 EIP 1559 💳

EIP 1559 is now on the cards for a launch in July of this year. It will make gas fees that much more manageable and will remove the gas fee bidding for inclusion

There will be something that is called the “base Fee” which will be burned. This of course means that ETH will be burned and which will reduce the outstanding ETH and make it a deflationary asset

Although miners are not too happy about the upgrade, they are likely to go ahead with it according to game theory.

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.


#Etheruem #ETH #EIP #crypto #optimism #scaling

Trade Manually Or With Forex Robots – Which Forex Trading Strategy Is The Best?

Trading currencies online is not as easy as many people think, or as it is advertised online. A good Forex trading strategy can be created only when one has sufficient experience and knowledge. This is a market with many complications and it can’t be mastered using just a plain buy/sell scheme.

Why You Should Enter Forex: Foreign Exchange Is a Risk and Reward Market

In a nutshell, the Forex is a profitable investment market with a catch. The catch is that even though this volatile market can earn you a fortune in just one day, you may end up in debt the next day. That is what happens when you enter a market that deals with the exchange of international currencies; you will never know what to expect.

The Downsides to Depending on a Forex Forum

Your Forex trading career is supposed to be rocky. You are a novice, so you should expect to do novice mistakes. Depending on Forex tools and machines like the MT4 trading platform is not enough to result in your Forex success, because it is a high-risk, high-reward market of sorts that ensures that nobody will stay on the top for long.

The Benefits and Advantages of Being Part of a Forex Forum

Being part of a Forex forum is advantageous because you are basically getting sage advice from the true experts of the field (depending on the quality of the forum you have entered) without paying for their words of wisdom. This is under all in the pretense of idly chatting about the best way to go about making a Forex investment prosper and other topics related to it. These are important pieces of advice that you would not get otherwise.

Tips in Trading Foreign Currencies

In dealing with Foreign Exchange Market or Forex, a successful trade is not always a sure thing. However, there are some few tips that you can use in this risky venture. First is that you should make time for data analysis.

The Foreign Exchange Market Made Easy

The Foreign Exchange Market, usually called Forex is believed to be one of the biggest markets in the entire world. In this market, different currencies are traded from another. This market is also elusive as exchange rates change frequently due to the demand and supply of a currency to another.

All About the Foreign Exchange Rate

In the world of finance, a Forex rate, FX rate or foreign exchange rate is the rate found between two currencies. This is the rate in which one type of currency will do an exchange to another type of currency. It can also be considered as a certain country’s value of its currency when it comes to another currency.

Forex – An Introduction

Investing in the forex markets is just like investing in any other business. The key to succeed in any business venture is adequate preparation. The gathering of knowledge about the endeavor to be embarked on is such a preparation and without this exercise any attempt at making a profitable financial decision can only end in disaster and failure, regardless of your level of motivation and determination or the amount of money you plan to invest.

Forex Trendline Tool And Knowledge To Improve Your Trading System

The first thing to do is to plan a sound strategy, and stick to it while trading. This is why the adage ‘if you fail to plan, you plan to fail’ is so common, and especially important in currency trading. So it is important that traders first understand the traits and characteristics of each of the currency pairs. This is because some of the currency pairs are rather volatile and tend to fluctuate every day. There are also some currency pairs that are rather steady, and move slowly over long time periods.