Random Ethereum Token Omniscience Capital Found (ODF) Is Taking 10% Of Network’s Gas (Ether)

2018-11-7 10:03

It seems that there is a token that is consuming over 10% of Ethereum’s gas supply. According to the Reddit user kevinsimper, there is a contract that has several pending transactions.

According to another user that answered the thread, commented that it is related to a contract for ‘Omniscience Dedication Financial.’ Another Redditor explained that on the internet there is no information about it.

An article on the mater explained that there is a company known as Omniscience Capital but there is no information about blockchain technology or smart contracts on their official site.

The website EthGasStation shows that the contract is using the largest amount of Gas on the network. Although the number of gas used is less than what it was a few hours ago it remains very high.

Gas is used on the Ethereum platform in order to process transactions. The largest the amount of gas used in a transaction, the more expensive it becomes. When there are several transactions being processed at the same time in the network, gas becomes more costly and fees rise.

The contract is also related to an unknown user that has transacted only two different tokens, ODF and CKC. Nevertheless, there is no information at all about ODF. CKC, instead, has only 15 holders.

The question that many users are asking is: what is going on with this smart contract? A user on Reddit informed that there are several tokens that tend to do that. In general, the coins are ICOs or on chain exchanges that have ‘fee mining.’

Another rumor that was circulating might be related to an EOS strategy that aims at increasing Ethereum’s network fees paid by users and transaction times. This would allow EOS to gain more users in the future, but there is no information that can confirm this.

At the time of writing this article, there is no more information about this smart contract or who is behind it.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) íà Currencies.ru

$ 3357.85 (+0.43%)
Îáúåì 24H $45.585b
Èçìåíåèÿ 24h: 7.68 %, 7d: 7.14 %
Cåãîäíÿ L: $3039.69 - H: $3364.01
Êàïèòàëèçàöèÿ $404.378b Rank 2
Öåíà â ÷àñ íîâîñòè $ 211.79 (1485.46%)

another contract user gas according omniscience ethereum

Èñòî÷íèê: bitcoinexchangeguide.com

another contract → Ðåçóëüòàòîâ: 43


Ôîòî:

DevCon 4 Will Set the Stage for Ethereum’s Next Milestone: Constantinople

Ethereum is embracing the Constantinople milestone at the end of November 2018, after DevCon4 in Prague. Constantinople is the latest Ethereum release, introduced through a hard fork, that will include five Ethereum Improvement Proposals (EIPs):Bitwise shifting instructions (EIP 145) in the Ethereum Virtual Machine (EVM) allow for direct manipulation of bytes on the EVM layer.

2018-9-11 18:15


Notes on Blockchain Governance

In which I argue that “tightly coupled” on-chain voting is overrated, the status quo of “informal governance” as practiced by Bitcoin, Bitcoin Cash, Ethereum, Zcash and similar systems is much less bad than commonly thought, that people who think that the purpose of blockchains is to completely expunge soft mushy human intuitions and feelings in favor of completely algorithmic governance (emphasis on “completely”) are absolutely crazy, and loosely coupled voting as done by Carbonvotes and similar systems is underrated, as well as describe what framework should be used when thinking about blockchain governance in the first place.

2018-7-21 23:03


Ôîòî:

The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.

2018-7-13 17:16


Ôîòî:

On Radical Markets

Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect.

2018-7-21 04:03


Ïàðòíåðû Currencies.ru

Àíàëîã Notcoin - Blum - Èãðàé è çàðàáàòûâàé Ìîíåòû



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

Maker whale activity surges by 1400% - Time for MKR's price to break out?

Large transaction volumes for Maker rose by over 1,400% in just two days  Despite rising whale activity, technical indicators and on-chain metrics flashed mixed signals for MKR  Maker (MKRThe post Maker whale activity surges by 1400% - Time for MKR's price to break out? appeared first on AMBCrypto.

Is Ethereum set to outperform Bitcoin? Key data suggests...

Analysts predicted that Ethereum could outperform Bitcoin due to key indicators. Ethereum spot ETF inflows and ascending price channels indicated potential price targets up to $10,000. EtherThe post Is Ethereum set to outperform Bitcoin? Key data suggests... appeared first on AMBCrypto.

QNT's latest breakout can push altcoin's price to THIS level...

QNT's breakout from its descending trendline and bullish indicators signaled potential gains to $229 On-chain metrics and declining exchange reserves highlighted growing demand and reduced sellThe post QNT's latest breakout can push altcoin's price to THIS level... appeared first on AMBCrypto.

XRP's $1 at risk? As trading volume drops 77%, concerns rise

XRP's $1 milestone seemed uncertain, as daily active addresses declined significantly. Ripple's trading volume dropped from almost $3 billion to around $207 million. After months of consolidThe post XRP's $1 at risk? As trading volume drops 77%, concerns rise appeared first on AMBCrypto.

NEAR rallies 12% in 7 days: Is $8 on the cards?

NEAR traded at $5.79 at press time, gaining 12% in seven days with $712M daily trading volume and $7B market cap. Futures Open Interest dropped 5% while TVL hit $260M, signaling steady ecosysteThe post NEAR rallies 12% in 7 days: Is $8 on the cards? appeared first on AMBCrypto.

TRON's USDT dominance - Here's what that means for TRX's price

TRX recorded gains of over 26.17% in the last 30 days TRON's USDT weekly volume surpassed 150 billion - A sign of strong adoption TRON, at the time of writing, was valued at $0.1986 with a mThe post TRON's USDT dominance - Here's what that means for TRX's price appeared first on AMBCrypto.

CVX crypto soars 20% in 24 hours - Is $5 the next target?

CVX crypto pumped 83% on the 19th of November; will the uptrend continue?  A notable whale could have triggered the wild upswing, per an analytics firm.  Convex Finance’s native token, CThe post CVX crypto soars 20% in 24 hours - Is $5 the next target? appeared first on AMBCrypto.