Project Weekly｜The net inflow of BTC to the exchange decreased, and the income of ETH miners hit a record high

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project dynamics, technological progress and other industry trends for the week. This article is the project weekly, which will take you through the progress of mainstream projects and star projects this week. The net inflow of Bitcoin to the exchange has shown a gradual downward trend since August 21 Tokenview chain data monitoring, the net inflow of Bitcoin to the exchange reached a rising high on August 21, and then gradually tended to a downward trend. 3 reached its lowest point since August. Yesterday, the net inflow of exchanges decreased by 63.83% overall, among which Binance, Bitfinex, and Poloniex decreased the most. At the same time, Huobi showed an upward trend compared with yesterday, with an increase of 57%. Data: The capacity of the Bitcoin lightning network reached 1060 bitcoins, an increase of 24% from the beginning of the year The all-time record of 1105 bitcoins minted in early May 2019. In addition, in August, the number of Bitcoin Lightning Network nodes increased by 1,581 nodes, an increase of 26%. Currently, the total number of Lightning Network nodes is more than 7,600. The number of addresses holding more than 1 BTC reached a record high of 823,000 According to glassnode, the number of addresses holding more than 1 BTC reached 823,015, a record high. The number of lightning network nodes has reached 13,685. According to 1ML.com data, currently, the number of nodes supporting the network has reached 13,685, an increase of 3.07% compared to the data 30 days ago; the number of channels is 37,315, compared with 30 days ago According to the previous data, it rose by 0.5% from the previous month; the carrying capacity of the Lightning Network is currently 1056.52 BTC, which is about 11.9671 million US dollars. Analysis: Three factors caused Bitcoin to fall below $11,000 for the first time in a month Coindesk issued a document saying that three factors caused Bitcoin to fall below $11,000 for the first time in a month. The first is that Bitcoin has fallen in tandem with traditional markets. Second, crypto traders have shrugged off the recent speculative frenzy over decentralized finance (DeFi), much of which took place on ethereum, which tumbled 8.3 percent on Thursday. Third, miners sold some of their bitcoins, after reports showed an increase in bitcoin transfers to exchange wallets, which is often seen as a precursor to increased selling pressure. Gate.io’s debut project NUX has the highest increase of 2551.84%: According to Gate.io Sesame Open Market, as of 10:30 today, the highest increase of NUX’s first launch project within 12 hours is 2551.84%, and the highest price is 19.8888 US dollars, which is the initial subscription price 27.24 times of $0.73, the current price is $10. It is reported that Gate.io launched NUX for the first time at 22:00 yesterday. Recently, the market has fluctuated greatly, please pay attention to controlling risks. [2021/2/24 17:46:52] The income of Ethereum miners reached a record high on September 2. Jinse Finance reported that on September 2, the income of Ethereum miners reached a record high of 51,541 ETH, worth about 23 million Dollar. Although this figure is still lower than the record of $32 million set on January 10, 2018, when the ETH price was about three times the current price. What's more, in 2018, only 12% of miners' income came from transaction fees, but on September 2, the proportion of transaction fee income in total income reached 74%. Ethereum Core Developers Discuss Ethereum Gas Fee Issue Golden Finance reported that in a conference call held by all Ethereum core developers on Friday, the developers discussed various Ethereum improvement proposals, including several proposals for high Gas fees. And points for discussion on how to mitigate this. Independent ethereum researcher Alexey Akhunov talks about the existence of gas tokens and how they can drive prices beyond normal levels. He highlights that the mempool is often filled with transactions that mint tokens with a certain amount of gas, and compares this to order transactions. But he said the fact that Gas bids could not be easily canceled could mean prices would remain artificially high, as any dip would be a default buy. In addition, he said that while there have been proposals to remove the refund mechanism in favor of gas tokens, Akhunov acknowledged that the size of gas token minting is only about 2% of current gas usage, which means that the scale of any negative impact they may have may will be restricted. But he said he needed to find more data before formally discussing the option of removing the mechanism. Vitalik: Increasing the gas for the first read storage and account access can greatly reduce the time to process attacks Vitalik, the founder of Ethereum, tweeted: EIP-2929 proposal mentions: increasing the gas for the first read storage and account access. This reduces the worst-case processing time in the event of a DoS attack to 1/3, making it safer to maintain high gas limits. The total market value of DeFi projects is 13.022 billion U.S. dollars, and the concept currency is 1 up and 12 down: Jinse Finance’s DeFi zone shows that the DeFi concept currency 24h 1 up 12 down, the top three 24h gains are: COMP (3.1%); the top three declines are : ZRX (-13.43%), KingN Coin (-9.76%), KNC (-9.63%). The total market value of DeFi projects is US$13.022 billion, and the top five tokens by market value are: LINK (US$6.101 billion), UMA (US$733 million), LEND (US$700 million), SNX (US$690 million), COMP (US$609 million) Dollar). [2020/8/19] Report: The total transaction volume of Ethereum in August exceeded 24 billion U.S. dollars DappRadar's latest report stated that the total transaction volume of Ethereum in August exceeded 24 billion U.S. dollars. Despite the rising Gas price of Ethereum, DeFi does not seem to be affected, at least for now. Ethereum miners collectively earn an average of $800,000 an hour in transaction fees, and if fees continue to rise at this rate, concerns are growing about the network's unsustainability. The researchers also pointed out that the high price of Ethereum Gas has greatly reduced the number of active-ethexc wallets in almost all categories, and the current cost of a transaction exceeds $50. Tether newly issued 150 million USDT on the Ethereum chain According to Whale Alert data, at 20:08 on September 04, Beijing time, Tether, the USDT issuer, newly issued 150 million USDT on the Ethereum chain. The number of bitcoins anchored on Ethereum exceeded 63,000. According to data from OKLink, as of 15:00 on September 4, the total number of bitcoins anchored on Ethereum reached 63,350 BTC, or about 648 million US dollars. Among them, there are 41,443 WBTC, accounting for 65.42%, 16,652 renBTC, accounting for 25.52%, and 4,610 HBTC, accounting for 7.28%. The growth of DeFi has driven the surge in the number of Ethereum contract calls Jinse Finance reported that according to Glassnode data, with the rapid growth of DeFi in 2020, the number of Ethereum contract calls (contract calls) surged. Since the beginning of the year, the number of contract calls initiated by external accounts has almost tripled, from less than 300,000 calls per day to more than 850,000 calls per day currently. The number of internal Ethereum contract calls has increased from less than 1 million per day in June to more than 3 million per day at present, more than tripled in just three months. KuCoin DeFi voting project ORN continued to rise by more than 31% in 24 hours: According to KuCoin exchange news, KuCoin DeFi voting winning project Orion Protocol (ORN) continued to rise, with a 24-hour increase of more than 31%. Now quote 3.84 USDT. Orion Protocol is a liquidity aggregation platform that links multiple exchanges. It can be used as a general trading gateway to directly access various decentralized trading markets, liquidity pools and centralized trading platforms. KuCoin is a digital currency exchange that provides one-stop services such as currency, legal currency, contracts, mining pools, and loans for 5 million users from 207 countries. [2020/8/9] Roger Ver: Bitcoin ABC will fork away from BCH on November 15th. Golden Finance reported that BCH supporter and Bitcoin.com founder Roger Ver just tweeted: "Bitcoin ABC and Deadalnix announced that they will Forked away from BCH on November 15th, I wish their new tokens good luck, and thank them for free airdrops to all BCH holders." It is reported that the BCH network will undergo a biennial upgrade on November 15th as planned . The Bitcoin ABC team plans to introduce IFP Coinbase rules in the upgrade, that is, 8% of block rewards will be allocated to ABC-related addresses to support team development. Yesterday, Roger Ver tweeted against the IFP Coinbase rules of the Bitcoin ABC team. In August, the issuance of stablecoins increased to US$16.2 billion USDC market share gradually expanded. According to the data on the DAppTotal.com page on stablecoins: as of August 31, the total circulation of stablecoins continued to grow, increasing from US$13 billion at the end of July to $16.2 billion. The total issuance of USDT is 13.5 billion USD, an increase of 2.5 billion USD month-on-month, of which ERC20-USDT issuance is 8.62 billion USD, TRC20-USDT is 3.75 billion USD, and OMNI-USDT is 1.1 billion USD. The total issuance of emerging stablecoins was $2.72 billion, an increase of $640 million from the previous month. Among them, the total circulation of USDC is 1.47 billion U.S. dollars, accounting for 54.4%, and continues to maintain the first place; the total circulation of TUSD is 330 million U.S. dollars, accounting for 12.4%, ranking second; the third is PAX, the total The circulation is 260 million US dollars, accounting for 9.9%; the circulation of DAI is 250 million US dollars, ranking fourth. In general, USDT continues to maintain a market share of 80+%; USDC accounts for more than half of emerging stablecoins, and the gap with other emerging stablecoins is still widening. ZB Capital's strategic investment project GST Energy Chain has received strategic investment from several institutions: According to official information, GST Energy Chain has obtained strategic investment from Encryption Vision, Keyin Capital, and Tianlian Capital; Multi-million dollar strategic investment. In the future, the organization will provide support in the technology and market development of the GST energy chain, and jointly build a decentralized business application ecology. The GST energy chain was established in the United States in 2019. It was initiated by MHC Assest Management Corporation. Based on the blockchain, it realizes the circulation, replacement, transaction and consumption of digital assets through the main and side chains through the entire platform. It is a safe and transparent , Professional decentralized business application platform. At present, the applications that have been implemented include mall access, customizable smart contract games, trading systems, P2P mortgage lending applications, etc., and are committed to providing users with the most valuable intelligent digital services. [2020/6/4] Polkadot has officially launched version v0.8.23 On September 1, Bill Laboon, director of technical education at the Web3 Foundation, tweeted that Polkadot has officially launched version v0.8.23, and it is recommended to upgrade in time. The updates involved in this version include deleting the v0 node-side parachains code (1609) block packaging size limit, etc. The Polkadot ecological project Stafi Protocol will launch the mainnet on September 7th On September 3rd, the Polkadot ecological project Stafi Protocol announced that the mainnet will be officially launched at 8:00 pm Beijing time on September 7th (UTC time on September 7th at noon) 12:00). The previous incentive testnet program was successfully concluded on August 26. During 2 months of testing, the testnet plans to have 600+ participants, 400+ validators, and 3 rounds of progressively difficult testing. The Stafi Foundation will create 6 nodes when the main network is launched to maintain the stability and security of the network in the first era. In the first era, community validators can register as validators. Those who successfully register can participate in the second era of the Stafi network. The initial verification node group will consist of 60 nodes, which may be expanded to 200 later. The block time is 6 seconds/block. The inflation rate of FIS in the first year will be 10% to incentivize the first generation of staking users and nodes. The ideal betting ratio is 75%. Nominators (confirmers) will benefit from inflation. However, unlocking nominations will take 14 days. The Filecoin mainnet code will be frozen on September 30th or will be launched in October Dynamics | The privacy project Origo has completed the third token burn The third burning of OGO tokens is still 5% of the previous plan (50 million OGOs). So far, 15% of the initial total OGO supply (150 million OGOs) has been successfully destroyed. To sum up, the burned OGO is 3% of the initial total OGO supply owned by the ecological community (30 million OGOs) and 2% of the OGO supply owned by the foundation (20 million OGOs). According to previous news reports, the foundation team has decided to donate 20% of 150 million OGO (30 million OGO) in the next 3 years, so that 30 million OGO will be rewarded to new developers who join the team. [2020/2/26] On September 3, Filecoin officially held an online conference call for global community members. The official said that the main network code will be frozen soon. And the day before the meeting, the official has released the progress time of the official version of the mainnet on GitHub: from September 4th, the mainnet code will no longer add new functions. The fit is tested and final optimized, and the code is frozen on September 30. This may mean that the Filecoin mainnet may be launched in October.

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