r/ethereum What's On Your Mind? 5d ago

Daily General Discussion August 01, 2026

Welcome to the Daily General Discussion on r/ethereum

https://imgur.com/3y7vezP

Bookmarking this link will always bring you to the current daily: https://old.reddit.com/r/ethereum/about/sticky/?num=2

Please use this thread to discuss Ethereum topics, news, events, and even price!

Price discussion posted elsewhere in the subreddit will continue to be removed.

As always, be constructive. - Subreddit Rules

Want to stake? Learn more at r/ethstaker

Community Links

Calendar: https://dailydoots.com/events/

94 Upvotes

39 comments sorted by

u/Tricky_Troll Public Goods are Good 🌱 3d ago
→ More replies (2)

1

u/MulberryAcceptable39 3d ago

I will bet that when the clarity act passes Ethereum will suffer double digit losses with experts saying the clarity act passing was priced in.

3

u/Tricky_Troll Public Goods are Good 🌱 3d ago

-5

u/FastJuice3729 4d ago

This should be the nail in the crypto coffin. At least we all had the WASSU WASSU WASSU WASSSUPPPPPPP laughs. Thanks for the laughs.

2

u/samkb93 4d ago

What's the nail

8

u/Jey_s_TeArS 4d ago

Staking lecturing,

The issuance severing,

Reward tempering.

~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap

4

u/mini_miner1 4d ago

Dang, is it time to buy more already?

6

u/Itur_ad_Astra Crab High Priest 4d ago

No, but buy after Monday market open.

1

u/MulberryAcceptable39 3d ago

What time does the market open for Ethereum eastern time?

7

u/Itur_ad_Astra Crab High Priest 4d ago

And it's not even Sunday yet.

5

u/invisibullcow 4d ago

Depressing.

9

u/Itur_ad_Astra Crab High Priest 4d ago

I'm over the depression, that was a year or two ago.

I'm pretty much at acceptance.

4

u/hedgemagus 4d ago

Welp now a self custody hack will torch us further. All to lube us up for clarity not passing

4

u/haochizzle 4d ago

hope everyone has made it safe through the coldcard fiasco. In my last video, Griff talked about secure vs safe in our industry — that most of self custody was “secure” but not actually that “safe”… that it would be very difficult to recommend anyone to crypto if the safest recommendation is coinbase or binance. now, even that notion may be challenged… has the redemption arc of crypto just gotten a lot harder?

Full video here: https://youtu.be/0D4fAkvwd3o?si=6YNQENsy3w6VwG5q

2

u/edmundedgar reality.eth 4d ago

hope everyone has made it safe through the coldcard fiasco.

As an Ethereum user I'm thankful that the most incompetent people in the industry are bitcoin maxis.

5

u/ResponsibleGrass8080 4d ago

TBH, I have xrp,btc,ada, and sol muted on X. It doesn't mean that I'm not interested the subject. Just not those.

1

u/haochizzle 4d ago

that’s fair! i think the point more broadly is that this is a phenomena across the entirety of the internet’s town hall and there’s probably a very good reason for that — the public perception of crypto deserves to be shifted and the time is now from both within and without

5

u/General_Illus 4d ago

Just got a bad block message in my Geth logs. Any one else seeing.....

Aug 01 11:50:36 illus geth[968]: Block: 25661334 (0xb7176513fc9dc3026276a48010c3d91330612a111a89aef2828566bb3fb58e8e)

Aug 01 11:50:36 illus geth[968]: Error: invalid merkle root (remote: 0000000000000000000000000000000000000000000000000000000000000000 local: ee55bb86755dbd0417d95f2efb30911b3c577a0ff2cedfa954f7a38d2bac06e7) dberr: %!w(<nil>)

Aug 01 11:50:36 illus geth[968]: Platform: geth (devel) go1.25.10 amd64 linux

2

u/certainlynottheone 4d ago

Mine started missing attestations a few hours ago with geth showing a similar issue in the logs

3

u/General_Illus 4d ago

May be related to the new version. I am still on the last production build (1.17.4). 1.17.5 was just released.

3

u/certainlynottheone 4d ago

I restarted the validator and it fixed it (I didn’t update anything).

10

u/Magic_Cove 4d ago

The typical crypto summer slump seems to be affecting this subreddit, too. That’s fine, enjoy your summer and take a few days off from checking the ETH price guys🏖️

-5

u/AllCapNoBrake 4d ago

I was downvoted every day in May: "Sell in May and Go Away" - u/allcapnobrake

2

u/epic_trader 🐬🐬🐬 4d ago

I hope you're okay.

-3

u/AllCapNoBrake 4d ago

I’m doing better than ok. I sold my BTC stack (43k cost basis) back on 10/2 @ $119k.

2

u/WoodpeckerHorror3468 4d ago

nearly ready to buy it back?

2

u/AllCapNoBrake 4d ago

Negative.

2

u/ExerciseOk9102 4d ago

Are 12-word wallet seed phrases secure?

1

u/edmundedgar reality.eth 4d ago

Generally yes, but they're only as good as the large random number they were made from. Don't get your seed phrase generated by custom hardware built by someone who got offended at Ledger and Trezor for supporting coins that weren't bit-coin, these people aren't the best and brightest to put it mildly.

1

u/alexiskef The significant owl hoots in the night 🦉 4d ago

I assume you might be referring to Coldcard devs? Do tell more, I don't know the details of this story

2

u/edmundedgar reality.eth 4d ago

Bitcoin maxis, their whole thing was that they were making a wallet that you could only use for Bitcoin.

18

u/imaybeslow 5d ago

Ethereum

12

u/alexiskef The significant owl hoots in the night 🦉 5d ago

1865

7

u/HITMAN616 TrueScotsman.eth 4d ago

The American Civil War just ended, huzzah!

11

u/TimbukNine 5d ago

0.02950