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    Gate Blog

    Your Gateway to crypto news and insights

    Gate.io Blog Daily Flash | Andre Cronje, aka the DeFi Godfather, may be back again;ETH2.0 staking amount accounts for nearly 10% of the total circulation

    Daily Flash | Andre Cronje, aka the DeFi Godfather, may be back again;ETH2.0 staking amount accounts for nearly 10% of the total circulation

    19 April 12:39



    Today's Topic - Four pillars after Ethereum merger

    On April 19, ConsenSys, an Ethereum infrastructure development company, released a report that the merger of Ethereum will completely change the way Ethereum is built and accessed. The following are the four pillars of the merger:

    1. Diversity and openness: PoS will democratize online participation and distribute rewards more equitably through new mechanisms, validators and innovation.

    2. Energy efficiency: improving the consensus approach of the network can ensure that Ethereum can sustainably support the next generation of Web3 creators and developers without damaging the Earth.

    3. Seamless transition: developers working on Ethereum can have nothing to worry about because they know the common API for merging the pre and post architecture and the reuse of Ethereum execution clients.

    4. Super sound currency: the merger will bring an updated crypto economic model, reduce the issuance of ETH, and provide stronger security for end users and the DeFi industry.

    The report said that after the merger, more people will be able to build, access and benefit from Web3 than ever before. These four pillars underpin the commitment to a freer, decentralized society.

    If the merger is realized as scheduled, will Ethereum be even better?


    Today's Chart - ETH2.0 staking amount exceeds 11.6 million, accounting for nearly 10% of the total circulation


    According to the data of Nansen, a multi-chain data analysis platform, at present, the staking amount of ETH 2.0 has exceeded 11.6 million, accounting for nearly 10% (9.7%) of the total circulation, and the capital heat has been gradually transferred to ETH 2.0.


    Today's Influencer - Andre Cronje: the crypto industry needs regulation more than ever

    On March 6, after announcing his retirement from the crypto industry, Andre Cronje wrote an article for the first time on April 18 to express his views on the spirit and culture of the current crypto industry.

    Andre Cronje believes that the crypto spirit comes from the exploration and curiosity of the world, so people practice and develop it. Crypto culture is only about wealth and power, and wealth and power stifle crypto culture. He also said that the crypto industry now needs regulation more than ever.

    "We are entering a new era," Cronje said at the end of the article. The current iteration will become a wasteland, and the unknown wallet lurks in the shadow. We will see the rise of a new blockchain economy, which is not driven by greed, but by trust rather than no trust. I felt a kind of irony in going around, but I found myself more excited than ever before.
    I will not step into the barren land again. I am very excited about this new future. "

    Is the "DeFi Godfather" back again?


    Hot events yesterday - The Beanstalk #Hacker attack,- #Iran's illegal mining and jail time



    Shib
    a Inu has become the most used smart contract on the Ethereum wallet



    Beanstalk suffered a large-scale hacker attack, and BEAN was close to zero



    Grayscale CEO is full of confidence in SEC's approval of spot Bitcoin ETF



    Fedorov, Ukrainian Deputy Prime Minister, thanked the cryptocurrency donations on twitter



    Iranians will be fined thr
    ee times or even jailed for illegal mining




    Author: Gate.io Observer Byron B.,Translator: Joy Z.
    * This article represents only the views of the observers and does not constitute any investment suggestions.
    *Gate.io reserves all rights to this article. Reposting the article will be permitted provided Gate.io is referenced. In all other cases, legal action will be taken due to copyright infringement.
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