Blockdaemon Blog

Ethereum Newsletter: July 2023 || Helpful Tools

Jul 13, 2023

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Explore the useful tools provided by Etherscan, simulate the process of withdrawing Ethereum, and discover the superior features of MPC compared to HSM, KSM, and multi-sig.

Ethereum Newsletter || July 2023

Explore the useful tools provided by Etherscan, simulate the process of withdrawing Ethereum, and discover the superior features of MPC compared to HSM, KSM, and multi-sig.

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Want to hear more about how Blockdaemon can help you with your Blockchain journey? Contact us today to chat more about our blockchain solutions, or read on to get a closer look at what’s new.

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New ETH Withdrawal Simulator

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Our existing Queue Monitor dashboard reflects the now increased staking activation capacity of 10 validators per epoch, or ~ 2250 per day. Newly staked $ETH currently needs ~36 days to activate.

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The recently introduced Ethereum Withdrawal Simulator allows stakers to estimate and understand the time it takes to withdraw any quantity of Ethereum assets. This feature, available on a single webpage, was developed using 21Shares’s methodology.

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HSM + KSM + multi-sig, but better…

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Functionally, MPC technology is like a virtual Hardware Security Module (HSM) and Key Management System (KMS), with multi-sig for multi-party approval. It offers superior security, compatibility, flexibility, and operational efficiency.

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Our Blockdaemon Wallet is designed to provide secure storage for cryptocurrencies. It offers the security of a cold wallet, with the accessibility of a hot wallet. This allows easy access to funds, while ensuring privacy and no extra gas fees. It is specifically tailored for institutions.

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Helpful Etherscan Tools in new look

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Although beaconcha.in remains the top choice for information regarding validators and staking, Etherscan provides a wide range of valuable insights for the Execution Layer. Their helpful tools allow you to export data to CSV, convert Wei/Gwei/Eth, or state your historic balances.You can even leverage ChatGPT to understand smart contracts better!

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