Ethereum Decentralized Applications Nearing Half a Billion Worth of ETH Locked in dApps

2019-4-8 01:53

Around 2. 5 million ETH (approximately $400 million) is locked in decentralized applications. The dominant dApp is MakerDAO DAI smart contract, as it has around 2. 2 million ETH. The second runner-up is Ethereum Name Service (ENS).

In June 2017, it had about half a billion ETH. Right now, it is around $2 million, which means that […].

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Over One Million Ether Already Deposited for Staking on Ethereum 2.0

The mainnet launch of the Beacon Chain of ETH 2.0 took place on Dec. 1. Interest is objectively growing as the total number of ETH staked on the network has surpassed one million. Just a few weeks ago, some users were worried that the necessary number of ETH would not reach the threshold for quite … Continued The post Over One Million Ether Already Deposited for Staking on Ethereum 2.0 appeared first on BeInCrypto.

2020-12-5 14:10


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Who’s King Of The Ethereum DApps? Two Self-Confessed Pyramid Schemes

Two ‘self-sustaining’ pyramid schemes briefly became the most popular decentralized apps (DApps) on Ethereum this week. Money Pours Into ‘Fomo3D’ and ‘PoWH’ Data from monitoring site DappRadar shows Fomo3D and PoWH 3D held the number one and number two spots among DApps July 22, pushing the highest-placed ‘legitimate’ offering – decentralized exchange IDEX – into third place.

2018-7-24 14:00


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place.

2018-7-21 23:03


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Bancor Aftermath: Charlie Lee Sees Lightning Network As ‘Ultimate’ Exchange

Self-proclaimed ‘decentralized’ exchange platform Bancor has resumed operations after a $12 million hack, officials confirmed Wednesday. Bancor Resumes Trading After ‘Scam’ Accusations Bancor — which initially lost its own BNT, Ether (ETH) and Pundi X tokens in the attack — faced a broader industry backlash as the sudden theft sparked criticism its decentralization claims were fraudulent.

2018-7-13 23:00