THE HASH: Ethereum’s Mainnet Shadow Fork 10 Goes Live, and Cathie Wood's Ark Invest Offloads 1.4M Coinbase Shares
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 27 July 2022
⏱️ 19 minutes
🧾️ Download transcript
Summary
The most valuable crypto stories for Wednesday, July 27, 2022.
"The Hash" team discusses Ethereum’s 10th shadow fork going into effect 26 hours earlier than expected and Cathie Wood’s Ark Investment Management selling more than 1.4 million shares of Coinbase Global on Tuesday.
See also:
Cathie Wood's Ark Invest Offloads Over 1.4M Coinbase Shares as COIN Price Falls
Ethereum’s Rollup Race: What is a ‘True’ zkEVM?
This episode was edited by Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Transcript
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| 0:00.0 | This is the hash podcast. |
| 0:09.8 | Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more with stories |
| 0:15.3 | that matter to the crypto world, all on the hash for your ears. |
| 0:20.4 | You're listening to the Coin Desk Podcast Network. |
| 0:24.7 | Hello, happy Wednesday. |
| 0:26.1 | Welcome back to The Hash. |
| 0:27.2 | I'm Will Foxley. |
| 0:28.1 | joined today by Chrissy Harkin and Adam B. Levine. |
| 0:30.8 | Chrissy, you got the first story talking about Ethereum. |
| 0:33.2 | What's up? |
| 0:33.9 | Yeah, I'm talking about Ethereum again. |
| 0:35.8 | I feel like every time I come on this show, I'm talking about Ethereum again. So something happened really, you know, minimally incrementally nice, let's say on Ethereum yesterday. It was supposed to be today, but it was yesterday. Things kind of sped up in the block finding thing, which apparently is a thing. |
| 0:55.5 | So that happened. So what we have right now is a shadow fork. This is the 10th shadow fork that |
| 1:00.7 | has happened. Now, what's a shadow fork? It's basically a minor fork on a test net that tests out, |
| 1:08.4 | not the whole merge, but it tests out a couple of releases or little features |
| 1:14.1 | that are going to happen when the merge actually happens. So for people who've been following |
| 1:18.6 | along, the merge is coming in September. And that's when Ethereum is going to shift to |
| 1:25.6 | proof of stake from its proof of work consensus algorithm. |
| 1:29.1 | And this has been a very big deal and everyone's getting super excited. There's only one |
| 1:33.2 | test net, one full test net merge, goarly, which is supposed to happen on August 10th. Let's see |
| 1:40.4 | what date it actually happens, but that's projected. If all goes well, the merge is going to happen in September. |
| 1:46.9 | All these little shadow forks are testing out smaller bits. |
... |
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