This week in r/ethereum subreddit, redditors talk about how a high amount transaction fees to transfer a minute amount of money be a laundering case, while on the other hand, United Nations World Food Program takes popularity for innovating with blockchain to remove world hunger among refugees; a popular Ethereum wallet, Metamask celebrates 1 million installation of their chrome extension.
Here is a small glimpse of the top stories of the r/ethereum subreddit.
A User Pays $308,000 as Transaction Fees to Transfer just $14.7
Earlier in the past week, a random user paid USD $308,000 as transaction fees to send just 0.1 ETH (which amounts to about $14.7).
In the comments section redditors discuss about how this could be the case of money laundering.
Blockchain in on removing World Hunger
The World Food Program being carried by the United Nations manages transactions for refugees through out the world. Through these transactions refugees are able to buy food without actually owing any cash, meaning they use cryptocurrencies to pay for the food they buy. Working on the Ethereum blockchain, Building Blocks is an integral part of the program which allows the refugees to transact in crypto; after some major infighting between the Ethereum community following some of Afri Schoeden’s tweets, Afri takes a break from social media. Ethereum made an update regarding the coming of the Constantinople upgrade.
Metamask Surpasses a Million Users on Chrome
“MetaMask is an extension for accessing Ethereum enabled distributed applications, or “Dapps” in your browser!”
As of the latest, there have been a million users of the extension on Chrome.
Thanks to all our amazing first ONE MILLION installs!!!
Get ready for a great year! pic.twitter.com/CWCaN8SiSO
— MetaMask (@metamask_io) February 8, 2018
Afri Schoeden, a manager at blockchain infrastructure firm Parity Technologies has taken a break a from social media after a fierce infighting between the Ethereum community, in a twitter post now deleted, he claimed:
“I did not quit social media, I quit Ethereum. I did not go dark, I just left the community. I am no longer coordinating hard-forks, building testnets, or contributing otherwise. I did not work on Polkadot, I never did, I worked on Ethereum. I did not hate Ethereum, I loved it.”
The Ethereum community did not take some of Afri’s tweets well, as the disagreements grew. The tweets have now been removed.
Ethereum Constantinople Upgrade
According to the Ethereum Blog: “The Ethereum network will be undergoing a scheduled upgrade at block number 7,280,000, ” An ongoing countdown is also being kept to track the coming of the upgrade. Also, according to the blog: “The exact date is subject to change depending on block times between now and then and could be activated 1-2 days before or after.”