{"id":10419,"date":"2022-08-08T22:29:00","date_gmt":"2022-08-08T19:29:00","guid":{"rendered":"https:\/\/alfacash.blog\/?p=10419"},"modified":"2024-02-19T21:50:33","modified_gmt":"2024-02-19T18:50:33","slug":"ethereum-feature-mining-commissions","status":"publish","type":"post","link":"https:\/\/alfacash.blog\/ko\/2022\/08\/08\/ethereum-feature-mining-commissions\/","title":{"rendered":"Ethereum: new features, mining, and commissions"},"content":{"rendered":"<p>This week&#8217;s protagonist is Ethereum (ETH). Ethereum co-founder Vitalik Buterin introduced a new feature that could bring Stealth Addresses to the network. Also, researchers discovered a consensus-level attack where miners could cheat the system to earn more.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Stealth Address with zk-SNARKs<\/strong><\/h2>\n\n\n\n<p>Ethereum developer Anton Wahrst\u00e4tter (Nerolation) <a href=\"https:\/\/ethresear.ch\/t\/erc721-extension-for-zk-snarks\/13237\"><strong>proposes<\/strong><\/a><strong> to use zk-SNARK technology to increase the privacy of <\/strong><a href=\"https:\/\/alfacash.blog\/2021\/04\/11\/what-are-non-fungible-tokens-nfts-why-fever-ultimate-guide\/\"><strong>NFT<\/strong><\/a><strong> exchanges<\/strong>. zk-SNARK is a privacy system for cryptocurrency networks.&nbsp;<\/p>\n\n\n\n<p>In Ethereum, there is currently only one <a href=\"https:\/\/alfacash.blog\/2021\/09\/15\/public-private-keys-why-important-keep-your-coins\/\" target=\"_blank\" rel=\"noreferrer noopener\">\uac1c\uc778 \ud0a4<\/a> for each address. Therefore, receiving an NFT at a new address requires creating a new private key. <strong>With the zk-SNARK technology, a hidden address could be generated, derived from a hash of the user&#8217;s original public address<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-1024x683.jpg\" alt=\"ethereum-privacy-feature\" class=\"wp-image-10433\" srcset=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-1024x683.jpg 1024w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-300x200.jpg 300w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-150x100.jpg 150w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-1536x1024.jpg 1536w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-18x12.jpg 18w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-270x180.jpg 270w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-770x513.jpg 770w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-762x508.jpg 762w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-773x515.jpg 773w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-370x247.jpg 370w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-554x369.jpg 554w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-306x204.jpg 306w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-368x245.jpg 368w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-260x173.jpg 260w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/Ethereum-feature-privacy-87x58.jpg 87w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Vitalik Buterin agrees to grant privacy to NFT exchanges with this Ethereum feature. But, he&#8217;s not on board with using the zk-SNARK technology because he thinks the current technology of <a href=\"https:\/\/alfacash.blog\/2022\/05\/21\/top-alternative-new-use-cases-nfts\/\" target=\"_blank\" rel=\"noreferrer noopener\">ERC721 tokens<\/a> is enough.<\/p>\n\n\n\n<p>At the same time, he is concerned that using stealth addresses will significantly increase network fees.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Consensus-level attack on Ethereum<\/strong><\/h2>\n\n\n\n<p>On the other hand, a research paper published by the Hebrew University of Israel recently reported <a href=\"https:\/\/www.researchgate.net\/publication\/362482526_Uncle_Maker_TimeStamping_Out_The_Competition_in_Ethereum\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">finding<\/a> \u201cthe first consensus-level attack on a major cryptocurrency\u201d.<\/p>\n\n\n\n<p>To discover this vulnerability, <strong>the research team used public data from the Ethereum blockchain and the open source base of the cryptocurrency<\/strong>. However, the research still requires peer review.<\/p>\n\n\n\n<p>In a tweet thread, Aviv Yaish, one of the authors, recounted how F2Pool miners changed block timestamps to increase their rewards. Basically, the consensus level attack allows <a href=\"https:\/\/alfacash.blog\/2020\/08\/25\/cryptocurrency-mining-dummies-how-works\/\">\uad11\ubd80<\/a> to change the timestamp of a mined block to avoid further network distress.<\/p>\n\n\n\n<p>Yaish also remarked in an <a href=\"https:\/\/cryptoslate.com\/researchers-say-they-discovered-consensus-level-attack-on-ethereum-miners-cheating-the-system-to-earn-more\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">interview<\/a> that:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>For each successful instance of the attack, F2Pool earned 14% more from block rewards, and in addition earned all the transaction fees contained within.<\/p><cite> Aviv Yaish, The Hebrew University.<\/cite><\/blockquote>\n\n\n\n<p>The researchers informed the Ethereum foundation and offered a patch to fix the issue before publishing the research results.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ethereum mining July performance<\/strong><\/h2>\n\n\n\n<p>\uc5d0 \ub530\ub974\uba74 <a href=\"https:\/\/studio.glassnode.com\/metrics?a=ETH&amp;c=usd&amp;ema=0&amp;m=mining.RevenueSum&amp;mAvg=0&amp;mMedian=0&amp;resolution=24h&amp;s=1641009600&amp;u=1659999704&amp;zoom=ytd\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">data<\/a> from Glassnode, <strong>July was more profitable for Ethereum miners than for Bitcoin miners<\/strong>. July would be the second month in which Ethereum miners make higher profits.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-1024x576.png\" alt=\"ethereum-bitcoin-mining-revenue\" class=\"wp-image-10439\" srcset=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-1024x576.png 1024w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-300x169.png 300w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-150x84.png 150w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-1536x864.png 1536w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-18x10.png 18w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-270x152.png 270w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-770x433.png 770w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-903x508.png 903w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-900x507.png 900w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-370x208.png 370w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-554x312.png 554w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-306x172.png 306w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-260x146.png 260w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin-87x49.png 87w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/mining-ethereum-bitcoin.png 1800w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Ethereum and Bitcoin mining revenue \/ Glassnode<\/figcaption><\/figure>\n\n\n\n<p>Ethereum miners generated $652 million in monthly revenue. For their part, <a href=\"https:\/\/alfacash.blog\/2022\/02\/21\/where-are-bitcoin-miners-2022\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin miners<\/a> received profits of $597 million. However, <strong>the firm does not attribute these Ethereum revenues to the consensus-level attack<\/strong>.<\/p>\n\n\n\n<p>This week the focus is on Ethereum because it was recently its <a href=\"https:\/\/alfacash.blog\/2022\/08\/04\/two-ethereum-etc-eth-why-there-may-be-more-year\/\" target=\"_blank\" rel=\"noreferrer noopener\">anniversary<\/a>. In addition, we are waiting for <a href=\"https:\/\/alfacash.blog\/2022\/08\/03\/ethereum-2-0-special-the-merge-and-new-perspectives\/\" target=\"_blank\" rel=\"noreferrer noopener\">The Merge<\/a>, an update that will allow the migration of Proof of Work (PoW) to Proof of Stake (PoS).<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center\"><em>Wanna trade ETH,&nbsp;BTC,&nbsp;and other tokens? You can do it<\/em>&nbsp;<em>\uc548\uc804\ud558\uac8c&nbsp;<a href=\"https:\/\/www.alfa.cash\/buy\/bitcoin\" target=\"_blank\" rel=\"noreferrer noopener\">Alfacash\uc5d0\uc11c<\/a>! \uadf8\ub9ac\uace0 \uc6b0\ub9ac\uac00 \uc18c\uc15c \ubbf8\ub514\uc5b4\uc5d0\uc11c \uc774\uac83\uacfc \ub2e4\ub978 \ub9ce\uc740 \uac83\ub4e4\uc5d0 \ub300\ud574 \uc774\uc57c\uae30\ud558\uace0 \uc788\ub2e4\ub294 \uac83\uc744 \uc78a\uc9c0 \ub9c8\uc2ed\uc2dc\uc624.<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center\"><a href=\"https:\/\/t.me\/AlfacashCommunity\" target=\"_blank\" rel=\"noreferrer noopener\">\uc804\ubcf4<\/a>&nbsp;*&nbsp;<a href=\"https:\/\/www.facebook.com\/alfacashstore\" target=\"_blank\" rel=\"noreferrer noopener\">\ud398\uc774\uc2a4 \ubd81<\/a>&nbsp;*&nbsp;<a href=\"https:\/\/www.instagram.com\/alfacashstore\" target=\"_blank\" rel=\"noreferrer noopener\">\uc778\uc2a4 \ud0c0 \uadf8\ub7a8<\/a>&nbsp;*&nbsp;<a href=\"https:\/\/www.youtube.com\/channel\/UCOl4fdRHj8AseQ5b6z9udaw\" target=\"_blank\" rel=\"noreferrer noopener\">\uc720\ud29c\ube0c<\/a>&nbsp;*<a href=\"https:\/\/twitter.com\/AlfacashStore\" target=\"_blank\" rel=\"noreferrer noopener\">\ud2b8\uc704\ud130<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>A new feature for Ethereum privacy and miners exploiting a vulnerability. This is how the week begins for this cryptocurrency.<\/p>","protected":false},"author":11,"featured_media":10429,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[47],"tags":[61,107,72,277],"class_list":{"0":"post-10419","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-trends-alfacash","8":"tag-cryptocurrencies","9":"tag-ethereum","10":"tag-mining","11":"tag-nfts"},"featured_image_src":"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/08\/ethereum-nft-meaning-01.jpg","author_info":{"display_name":"Zuleika Salgado","author_link":"https:\/\/alfacash.blog\/ko\/author\/zuleika\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v25.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum: new features, mining, and commissions - alfa.cash blog<\/title>\n<meta name=\"description\" content=\"A new feature for Ethereum privacy and miners exploiting a vulnerability. 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