Ethereum Emission to Reach All-Time Low

As reported, Ice Age happened due to hard fork delayal and mining complication
11 February 2019   646

Ethereum emission fell from 20,000 ETH per day to 13,000 ETH under the influence of the “Ice Age”, which happened due to the delay of the next hard fork and complication of mining. On Sunday, Ethereum’s daily production reached a historic low, dropping 2,000 ETH lower than during the last activation of the bomb, which occurred in September 2017, Trustnodes reports.

In the near future, the ETH emission may drop to 10,000 ETH, but with the activation of the Constantinople at the end of the month, the value will be set at 13,400 ETH. At the same time, Ethereum’s inflation rate will approach Bitcoin and will be about 4% By the end of the year, along with the launch of the Beacon-chain based on the Proof-of-Stake algorithm, inflation of Ethereum will drop to 2%, and the halving in the bitcoin blockchain, which will affect its emissions in the same way, will take place in 2020.

Over the last month, the price of ETH rose from $ 100 to $ 120, the volume of short positions fell from 320,000 to 215,000, and long ones increased from 400,000 to 460,000. The block creation time in the Ethereum network rose above 20 seconds, together with which the average daily number of transactions fell from 580,000 to 380,000. However, the commissions remain at fairly modest levels and currently amount to $ 0.005 per transfer per transaction.

Switcheo to Launch Cross-Chain ETH-NEO Atomic Swaps

Developers says that the technology of atomic swaps has been known for few years, but is not popular, since its implementation in practice is quite complicated
25 April 2019   59

Switcheo announced the official launch of the atomic swaps feature for the Ethereum and NEO blockchains.

From now on, Switcheo users have access to the inter-block exchange of their own token exchange, SWTH and ETH, which allows for the transfer of assets between two markets represented on the trading platform and makes Switcheo the first decentralized exchange that implements this functionality.

A challenge with existing trustless exchanges is that trades are confined to individual blockchains, limiting the market combinations that can be offered to users” says . With the launch of the new feature, users can now trade conveniently between ETH and NEO markets, while retaining full custody of their funds.

Ivan Poon

CEO, Switcheo

According to the developers, the technology of atomic swaps has been known for several years, but is not widely used, since its implementation in practice is quite problematic. Switcheo lead developer John Wong explained that his team spent a lot of time adapting the process to the user's needs and achieved the desired result.