Crypto Trends 19 October 2020

Crypto Trends

A summary of the crypto trends for the week.

ETH2 Phase 0 genesis getting closer

Genesis is about 6-8 weeks away (deposit contract expected to be deployed this week).

:warning: Watch out for scam contracts and websites

do not send Eth to random contracts;

:exclamation: Client diversity is still vitally important for the health of the network and your stake.
Slashing penalties have been temporarily reduced.

Optimism in Coinbase Wallet

Coinbase Wallet has for a long time had great testnet support, so awesome to see the addition of Layer 2.

Will be interesting to see which Layer 2’s MetaMask (with their 1 million + monthly users) natively supports in the race for adoption. I am still optimistic that Optimism will be the VHS of Layer 2.

Circles launches on xDAI

Circles was the topic of the weekend. Nice experience on mobile (until popularity hit). I am looking forward to experimenting with networks for family and friends. Apparently you can skip verification by sending 0.01 xDAI but I haven’t proved this yet (My family are part of the traffic causing the traffic jam).

As an aside, I would love to see Etherscan support for xDAI. We can use BlockScout but I am less familiar with it.


Please contact the team when you are ready to request an audit!



OpenZeppelin are hiring:


Goodbye node-gyp and node issues.

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