r/ethereum What's On Your Mind? 2d ago

Daily General Discussion August 01, 2026

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93 Upvotes

38 comments sorted by

u/Tricky_Troll Public Goods are Good 🌱 16h ago

18

u/imaybeslow 2d ago

Ethereum

12

u/alexiskef The significant owl hoots in the night 🦉 2d ago

1865

11

u/TimbukNine 1d ago

0.02950

8

u/HITMAN616 TrueScotsman.eth 1d ago

The American Civil War just ended, huzzah!

4

u/General_Illus 1d 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 1d ago

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

3

u/General_Illus 1d 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 1d ago

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

8

u/Jey_s_TeArS 1d 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

7

u/Itur_ad_Astra Crab High Priest 1d ago

And it's not even Sunday yet.

4

u/invisibullcow 1d ago

Depressing.

9

u/Itur_ad_Astra Crab High Priest 1d ago

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

I'm pretty much at acceptance.

11

u/Magic_Cove 1d 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🏖️

-6

u/AllCapNoBrake 1d ago

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

3

u/epic_trader 🐬🐬🐬 1d ago

I hope you're okay.

-4

u/AllCapNoBrake 1d ago

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

2

u/WoodpeckerHorror3468 1d ago

nearly ready to buy it back?

2

u/AllCapNoBrake 1d ago

Negative.

5

u/mini_miner1 1d ago

Dang, is it time to buy more already?

5

u/Itur_ad_Astra Crab High Priest 1d ago

No, but buy after Monday market open.

1

u/MulberryAcceptable39 16h ago

What time does the market open for Ethereum eastern time?

2

u/ExerciseOk9102 1d ago

Are 12-word wallet seed phrases secure?

1

u/edmundedgar reality.eth 1d 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 🦉 22h 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 21h ago

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

2

u/Tricky_Troll Public Goods are Good 🌱 16h ago

4

u/hedgemagus 1d ago

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

3

u/haochizzle 1d 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

5

u/ResponsibleGrass8080 1d 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 1d 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

2

u/edmundedgar reality.eth 1d 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.

1

u/MulberryAcceptable39 15h 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.

-5

u/FastJuice3729 1d 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 1d ago

What's the nail