Happy Tuesday, Blockfolians
We’re coming atchya with an early edition today, as news has just broken that Ethereum’s final and official test net, Medalla, has gone live.
dannyryan @dannyryanMedalla just finalized
According to blockchain explorer Beaconcha.ain, 20,000+ validators have joined the network with ~650,000 ETH staked.
To learn more about Medalla, check out Anthony Sassal’s write up.
It’s a big day. Ethereum 2.0 is poised to be the biggest development in the projects life, and as of today, that development is one step closer.
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Highly Relevant Reading
China’s rainy season is a rough one for bitcoin miners
22 blockchain projects have submitted Ethereum token scaling proposals to Reddit
More narrative fodder in support of a switch to digital money from an ex Bank of China official
US officials have seized $6.5m in BTC and USDT from the Banana Fund Ponzi
El Presidente is getting into bitcoin. Seriously, while equities may not take them seriously, the Davey Day Trader Army could do some damage in crypto.
That generational transfer of wealth, though.
A Really Big Number We Should Be Paying Attention To
“up to $400,000,000”
That’s the amount that Bitfinex has offered as reward for bitcoins stolen in 2016 hack
This is a great question.