EthHub Weekly #94
Vitalik proposes new eth1 <> eth2 merger, KeeperDAO introduced, MetaMask Android client removed from play store and much more!
|Anthony Sassano||Dec 30, 2019|| 2|
🎄 Happy New Year!
Well that’s it - the year and decade are done! Hopefully this means the end of the brutal 2 year crypto bear market, right?
To celebrate the end of the year, I put together a Twitter thread breaking down the biggest and most important Ethereum-related events for 2019 (spoiler: its a huge list). Head here to check it out (or here for the Chinese version).
Also, obviously this is bad timing, but the Ethereum network will be undergoing its Muir Glacier network upgrade on January 2nd. The only change in this upgrade is an update to the difficulty bomb (ice age) which pushes it back by roughly 2 years. Please head here for detailed information about the upgrade and instructions on how to update your node. Head here to monitor the status of the overall network.
Have a great new year everyone!
News of the Week
Coinbase Wallet, Coinbase's mobile cryptocurrency wallet, may soon remove its DApp browsing feature according to a message appearing in the app. According to Coinbase, it is removing the DApp browser functionality "in order to comply with App Store policy."
Users can still access DApps through Coinbase Wallet on their desktop devices using its WalletLink feature. In a Reddit post, Coinbase CEO Brian Armstrong suggests that "Apple seems to be eliminating usage of Dapps from the App Store."
Tencent, the Chinese internet giant and owner of WeChat, is reportedly forming a team to explore possible new use cases for cryptocurrencies.
According to reports by Chinese media, Tencent issued an internal notice informing employees it was searching for someone to head a new cryptocurrency research unit, which will form part of the company's payments wing.
The new team will look at how to use digital currencies in its payments platform as well as explore other possible business applications. It will also consider how cryptocurrencies could be used within existing and future regulatory regimes.
The research team will reportedly support government initiatives in the area. The People's Bank of China (PBOC) is said to view Tencent as a prospective issuer for the digital yuan under development, according to reports in Quartz and CNBC. Reports suggest the new Tencent unit will work on developing the government's pilot digital currency plan in the city of Shenzhen.
Maker closes out the year on a very high note thanks to the successful launch of MCD and fresh funding from leading VCs. The team goes over all the details in this blog post.
Vitalik outlines a proposal that would move the eth1 chain into the eth2 system (as shard 0) on a more accelerate schedule.
KeeperDAO is an on-chain liquidity underwriter for decentralized finance, built on top of the Ethereum blockchain.
The ETH 20 Day MA Crossover Yield Set (ETHMACOAPY) supercharges the existing ETH20SMACO Set by swapping out USDC for cUSDC — an interest-bearing stablecoin.
cDAI, cUSDC, USDC and USDT are now available to use within Tornado Cash along with higher amounts of ETH (100) and USDT ($100k).
This new release, for the first time, allows “secret node” runners to begin connecting to Enigma’s Discovery testnet and staking their own testENG. Be sure to read the full blog post for all the details.
InstaDApp had a big year in 2019 and in this post the team goes through everything they shipped this year.
The DeFiZap website gets a fresh UI update and a new cDAI Unipool that alows users to add liquidity to the cDAI/ETH pool on Uniswap in just 1 click (and by just using ETH).
Google cited their policy that bans mining on mobile, which MetaMask doesn’t do. Unfortunately, the teams appeal was also rejected.
A new rDAI token has been deployed that now supports Multi-Collateral Dai.
Community Member Spotlight
This week we’re highlighting the great work of James Hancock!
James is heavily involved within the Ethereum community as he is the current ‘Hard Fork Coordinator’ for Eth1.x and spends a lot of time in various circles within Ethereum such as the Ethereum Magicians.
Keep up the great work James!
Camila Russo and David Hoffman on the 2020 DeFi Outlook - The Breakdown Podcast
Value in Gods Unchained with CTO Alex Connolly - POV Crypto
Meme of the Week
Looking for Work?
Top jobs listed on Cryptocurrency Jobs this week:
Senior Mobile Developer - MetaMask
Community Manager - Gitcoin
Backend Engineer - Numerai
iOS Engineer - Gnosis
+100’s more on the Cryptocurrency Jobs website!
Protect Your Crypto
Buy a hardware wallet: