"Santander has become the first institution to use a public blockchain to manage all aspects of a bond issue. The company used a token on Ethereum to represent the $20m debt issuance & settled it with another set of ERC-20 tokens representing cash held in a custody account."
Ethereum 2.0's current status: Phase 0/Beacon Chain: Spec frozen, short-lived testnets live, expected launch 2020 😍 Phase 1/Shard Chains: Spec to be frozen soon™, testnets soon™, expected launch 2020 🔜 Phase 2/State Execution: Spec in heavy r&d, testnets & launch TBA 🤓
"Ethereum is the IBM of the smart contract blockchains: it may not be the 'best' technology, but it works well enough and has amassed a distribution advantage that will be hard to overcome by its competitors."
Ethereum is an ideological Turing test complete blockchain.
Happy 4th Birthday Ethereum! Thank you for changing my life 🥰
The number one reason that I spend so much time in Ethereum is because its the nicest and most welcoming community I've ever been apart of.
Ethereum flippenings on the horizon: -ERC20 Tether > Omni/Bitcoin Tether ✅ -WBTC > BTC locked in LN ⏲️ -ETH issuance rate < BTC issuance rate ⏲️ -ETH market cap > BTC market cap 🔜 Software eats the world; Ethereum eats finance.
ETH is only getting scarcer from here 🚀 -Locked in DeFi -Locked in staking -Locked in DAOs -Lost/frozen (bugs, accidental sends etc) -Lost to slashing/validators going offline -ETH burnt when paying state rent fees -ETH burnt when paying gas fees (EIP-1559) Forgot to add that the issuance of ETH at the protocol level will continue to decrease and will most likely settle on <0.5% in Ethereum 2.0.
2020 will be a huge hype year for crypto: -Eth2.0 beacon chain launch (staking!) - Jan 3rd 😍 -Bitcoin halvening - around 21st of May 💸 -Libra launch - No date yet ♎️ Plus, the continued expansion and growth of Eth1.x/DeFi with layer 2/zero knowledge tech. Strap in 🚀