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Meditation Made Simple: The 12 in 12 Method | Grazia India – Grazia India

Posted: February 1, 2024 at 2:42 am


Transform your life, twelve minutes at a time

Meditation

Stuck in this rat race where hustle culture reigns supreme, stress seems to lurk around every corner which makes it vital to pause and take a breather. We're constantly bombarded with tasks, notifications and expectations, leaving very little room to tend to our inner selves but it's time to change that this year. Dont have the time? What if we told you that just 12 minutes a day could make a world of difference? Just 12 minutes of tranquillity. 12 minutes of You.

Stress Monster

Stress caused by release of stress hormones- Cortisol

Before getting into the meditation technique, we need to decipher what stress is. Understanding why we're stressed makes it easier to handle it. Whether it's tight deadlines, exams, or simply a rough day without explanation, stress is more common than we realise. When we encounter stress, our bodies kick into high gear, releasing the infamous stress hormone. While a bit of cortisol can be helpful in certain situations as it can scare the procrastination monster away, an excess of it wreaks havoc on our minds and bodies, leading to multiple health issues like headaches and insomnia among others.

This is where our hero comes in. A simple yet powerful solution: meditation. And not just any meditation: The 12-in-12 method. This petite approach to mindfulness is for everyone out there but especially for the ones who are too busy hustling to make time for themselves. Its all about fitting tranquillity into our busy lives without sacrificing effectiveness.

This method promises that 12 minutes a day can help you find your calm amidst the chaos. It may sound too good to be true, but trust us, the benefits are real. Increased focus, creativity, and resilience are just the tip of the iceberg!

The Blueprint

If youre a newbie to meditation, heres how you can start:

We have two options: One is to dedicate a solid 12-minute block to meditation in a day or break it down into one-minute sessions spread throughout the day. If you are restless, you can test the waters with the one-minute sessions, gradually increasing the duration over the following weeks. It will eventually start to feel like mini resets for your soul. Whether it's heart-rhythm meditation or box breathing, these quick sessions will help to keep your stress at bay and productivity levels high. This method has caught the attention of business giants like Apple for good reason. Remember, while duration is crucial, being consistent is key. Your Happy Place

The environment around you can also significantly influence mood. Finding a quiet spot where distractions are minimal, whether it's first thing in the morning or just before bed if youre a night owl. By incorporating meditation into our daily routines, we not only enhance our well-being but also set the tone for a more centred day.

Dress to De-Stress

Imagine sitting for a minute in extremely tight-fitted clothes. The discomfort, suffocation, and inability to breathe don't sound quite appealing, do they? Now, imagine enduring 12 minutes in such attire-it could feel like torture. This is why we recommend wearing comfortable, loose-fitted clothes or opt for activewear during this session because the more comfortable you are, the more relaxed you will feel.

The Art of Body Mapping

Body scanning is like levelling up your self-awareness game. It's all about checking in with every part of your body, from head to toe, helping you feel more connected and in control.

So, it's time to reclaim our peace of mind embrace the power of 12 minutes a day and focus on our overall well-being because when you're constantly being pulled in a million different directions, finding moments of stillness is nothing short of revolutionary.

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Meditation Made Simple: The 12 in 12 Method | Grazia India - Grazia India

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February 1st, 2024 at 2:42 am

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Untold: The Retreat review why meditation can be fatal – The Times

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Joe McCarthy: Spike mats and meditation aid in "brutally hard" Six Nations – Rugby World

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Dogged persistence lies behind the young Leinster locks remarkable ascent to the international ranks

The last time we saw Joe McCarthy in an Ireland jersey, he was the one walking around in the background of the nightmarish drama that was the World Cup quarter-final defeat by New Zealand in Paris.

Front of stage, of course, was Johnny Sexton. The fly-half went out on his shield that night. The cameras turned instinctively to the older stagers in Andy Farrells team, men who will not be seen in that arena again. As a kid of 22, McCarthy had a bit-part in the melancholy.

The dressing room was awful, says the Leinster and Ireland lock. It feels like a bit of a nightmare when you get back in the dressing room and you cant actually believe thats just happened. You have so much belief in the team to go the whole way and you didnt envision it going any other way so, yeah, it was tough.

There was silence for a few minutes and nobody really knows what to say. You feel especially bad for some of the lads, especially Johnny. You were meant to send him off on a high, end his career the way he would have wanted to, and we fell short.

Joe McCarthy was in a weird place that night.

Broken on one level but knowing that there will be many, many big days to come. Some World Cups, many Six Nations tournaments, Champions Cups and United Rugby Championships. Hes already played in one European final a loss to La Rochelle in 2002 and hes using the memory of it for fuel.

I meditate a bit, he says. Before I go to bed I like to lie on a spike mat and just lose myself for a few minutes. I think about a good carry, even just getting a good breakdown clear-out, things like that. Always positive thoughts. Sometimes I might think about being in a game. How are you reacting if you go behind by a few scores? If I think about it beforehand, Im not going to be shocked if it happens for real.

Can we back up a little here? A spike mat?

Ive just started doing that recently. I try new things. Its like a mat with a load of spikes. Its a little painful but then you relax into it. Its a good pain, though. You know when you like floss your teeth and its kinda sore but its kinda nice as well? Usually. Ill do ten minutes and by the end you dont want to get off it.

Celebrating a try (Ramsey Cardy/Sportsfile/Getty Images)

When you hear people talking about big Joe McCarthy, when you hear the eulogies about his size and power and game intelligence, and all those predictions of the decade and more that folk believe he will spend in the Leinster and Ireland second row, you automatically assume that this is a 22-year-old who was destined for greatness.

But he wasnt. Joe McCarthy has played in a Champions Cup final and at a World Cup but this was not a natural progression. Nobody tipped this. Nobody saw him coming through the ranks at Blackrock College, despite the fact that his hulking presence is hard to miss.

Not at all, he laughs. I meet people from school now and theyre kinda shocked that Im playing professional rugby. I mean, I wasnt even near the Junior Cup team. I always loved rugby and had a drive to get better. I really wanted to be on the first team the whole time but I was on the thirds. I was always trying to push but it never happened. I remember the summ

er before the Junior Cup, I was eating loads, trying to bulk up, gymming like crazy and I didnt even make the squad. I was absolutely gutted.

McCarthy represents a twist in the tale of the Leinster production line, a kid who might well have been missed but wasnt. Its a tribute to his own passion and ability on the one hand, but its also a sign of how sophisticated the talent identification process is in the province. Not many players of genuine talent get left behind.

In McCarthys case, it came pretty close to petering out, though.

I ended up finishing that year coming off the bench for the junior fourths. I was subbing for the junior fourths team. He laughs at the memory of it. Back then, the notion that he would soon be playing for Leinster and Ireland on the biggest stages the sport can offer would have seemed idiotic.

If you told him then what would be happening to him now he says hed have walked away from you, presuming you were a madman.

We won our cup competition with the fourths. It wasnt the highest level but it was still a trophy. I came off the bench in the final, but then the following year I was nearly giving up rugby altogether. That lasted a few weeks, I was saying to myself, Jeez, am I getting screwed over by coaches here? Is there any point in playing rugby? Id put in the effort and I wasnt anywhere near it and I was kinda considering giving up.

But without rugby I didnt know what to do with myself, so I went back. I was gymming loads, every day after school. Ive always loved the gym to be fair. I loved the physical side of the game and being able to dominate in contact, and in sixth year it started to happen for me. I made the first team. I stuck at it and, eventually, it came good.

McCarthy scores against Leicester (Sportsfile/Getty Images)

McCarthy talks about family, most notably his two brothers, Paddy and Andrew. Paddy is a Leinsterman too, a fine loosehead prop a couple of years his junior. Some operator, Paddy. He was in the Ireland team that won the U20 Grand Slam in 2023 and was a key part of the side that went all the way to the World Cup final last summer.

Paddy is one of my best mates. Weve been on different rugby journeys but were extremely close. He studied the same degree in Trinity as me, global business, and we do everything together. Its handy having a brother who knows what youre going through in rugby. I think Im more social than him, more outgoing; he keeps to his own more than I do but he loves the craic as well.

And then theres Andrew, my older brother. Andrew has Downs syndrome but no way is he letting the condition get in his way. He plays with a tag rugby team called Seapoint Dragons, loves his basketball, is big into Manchester United and adores Leinster and Ireland rugby.

He plays table tennis as well. Hes a massive sports fan. Ive gone down to coach Seapoint. Its good craic being around the lads. They bring such good energy and dont worry about the small things in life, they just enjoy where they are. Andrew would be on to me, Jeez, you need to win the Champions Cup this year, dont you? Ye left it behind you the last time. Ive learned loads from him. He doesnt worry about social media or what people think about him, he doesnt care about any of that, he just wants to enjoy life. Hes an unbelievable older brother.

Some people underestimate somebody with disabilities. I know that if you put time and effort into any kid who has Downs syndrome its crazy how fast they excel. Ive also realised, through Andrew mostly, that sport can play a massive role in peoples lives. Its an incredible force for good.

The speed of Joe McCarthys rise has been phenomenal. He only made his Leinster debut in January 2022. His sixth and seventh games were the Champions Cup quarter-final against Leicester and the Champions Cup semi-final against Toulouse. His ninth appearance was the final against La Rochelle. He made his Ireland debut, against Australia, that autumn.

Scoring against Romania, in France (Sportsfile/Getty Images)

He recalls the mix of disappointment and shock he felt when he lost on his Leinster debut against Cardiff. I was really down about it. His next game, mercifully, was a win over the Lions. I felt I was pretty dominant, so that was a huge relief. I can play at this level, Im up to this. I can kick on from here. Thats what I was thinking afterwards.

Like, you need to take your chances, dont you? The Leinster squad is crazy competitive. Theres a couple of players coming through in my position and theyre excellent, so you have to be ready in every training session. Perform or you wont be in the team next week. Its pressurised and tough but it does bring the best out in you.

At Leinster you refer back to the legacy of the club and the legends that have come before, but the younger lads talk about what we want to add. A lot of us have never won anything. We want to put our stamp on it, to write our own bit of history. Everyones so hungry at Leinster and Ireland level. The World Cup was hard to take but we have to move on. Theres a Six Nations down the road and Id love to be involved. Thats a dream of mine. Get in the mix. Hopefully get a chance. Itll be brutally hard but nothing is easy.

Unquestionably Joe McCarthy is a future stalwart of Irelands second row but hes also a contender in the present. Big and powerful, mobile and skilful, and only 22 years old hes setting pulses racing in his province and beyond.

Check out the Ireland squad page to see if Joe McCarthy has been selected.

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Joe McCarthy: Spike mats and meditation aid in "brutally hard" Six Nations - Rugby World

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February 1st, 2024 at 2:42 am

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Mikel Arteta admits meditation helps slow down 100mph brain as he eyes Arsenal success – The Mirror

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Mikel Arteta has numerous techniques to help him turn his brain off from football with the Arsenal boss turning his hand to meditation as well as a bit of reading

Arteta reaffirms commitment to Arsenal amid Barcelona links

Mikel Arteta has revealed he uses mediation to get himself ready for games.

Arteta has gained a reputation for being one of the most intense and temperamental managers on the touchline during the heat of battle. But Arteta likes to calm himself down as part of his pre-match preparation as he admitted the rollercoaster of emotions can have a big impact on managers.

You can be certain that he will be pumped for Arsenal s visit to Nottingham Forest on Tuesday night with the pressure on the Gunners to win and send out a statement in the title race.

Gunners boss Arteta is not the only manager to use meditation to get himself in the right mindset for games as Bayern Munich coach Thomas Tuchel said during his time in charge at Chelsea that he also uses the technique.

Arteta said: I think it is very necessary. Every day you need to have moments. I have moments during my day when I do certain things to bring everything down. Your brain goes 100mph and you cannot see the picture with clarity you need to bring it down sometimes.

"There are ways to do it your family, sometimes meditation, sometimes sport is a great way to put those things away, talking to people. There are a lot of things that you need. You need holidays, days off, stay away from your phone at times. A lot of things that are needed and very very healthy. But the temptation is always to do more.

I would do meditation in the afternoon, yes. Reading. I love reading, sitting there and reading about a topic that can inspire you to prepare for a game or develop a thought that you have on the day. It is something very good.

Arteta has got himself into trouble on the touchline for being too excitable with officials and has already served a one game ban this season. The Spaniard used to watch Arsene Wenger work when he played under him at Arsenal and the job has arguably got more demanding.

Arteta is driven by detail, obsessed by stats and preparation which means he finds it difficult to switch off. Reading and meditation are his way of making sure he is in a good place mentally.

Arteta added: I used to speak with Arsene and he took his job like we all do, we put so many hours and ours lives to it and all the energy. It is extremely demanding, I love it and I am young and have a lot of energy.

But it is a daily challenge. Every day there is a rollercoaster of things you have to go through. Emotions. You have to try to inspire people, to impact people, sometimes to calm down people, to motivate people, you have to deal with a lot of things you cannot control.

On top of that, there are opponents, results and a lot of things that are difficult to manage on a daily basis. But I think overall there is something: how much we love the game, the passion we have for what we do and actually when you have an emotional relationship with a club, that is where the energy source comes from.

You wake up every day and you want to face that challenge, be better and be more competitive. It is a lot every single day. It is a lot. That is why you need a lot of good people around you to support you.

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Mikel Arteta admits meditation helps slow down 100mph brain as he eyes Arsenal success - The Mirror

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February 1st, 2024 at 2:42 am

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Samsara review unlike anything else you will experience in the cinema – The Guardian

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All great cinema is a journey of sorts, but there comes a point when it feels as though film-makers are treading the same well-worn paths. Not so with Spanish director Lois Patios remarkable immersive voyage Samsara (the title refers to the Buddhist cycle of deaths and rebirths): part film, part guided meditation, its unlike anything else you can experience in the cinema.

The film starts in Laos, where a Buddhist boy is reading to an elderly woman, Mon (Simone Milavanh), from the Bardo Thdol, a guide to the journey between death and reincarnation. When Mon dies, a message on screen invites us to close our eyes in order to accompany her on her journey to her next life, as a young goat born on the coast of the island of Zanzibar. This 15-minute segment plays out to a textured tapestry of sound woven from the natural world; flickering, rippling colours and strobing light pulses on the screen viewed through closed eyelids create a kind of lightshow in the minds eye. Theres a distant kinship perhaps, in the theme of cycles of life, with Michelangelo Frammartinos documentary Le Quattro Volte. But Samsara is a strikingly original and profound artwork. See it (and hear it) in a cinema, if at all possible.

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February 1st, 2024 at 2:42 am

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Column: A journal entry a day keeps the doctor away – Indiana Daily Student

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Throughout my 20 years of life, I have constantly heard how important it is to meditate and journal. Doctors, therapists, friends and family have always informed me how beneficial both actions are for ones mental health, including being able to mitigate stress and provide a sense of calmness. I dabbled in meditation and journaling, but I never devoted a ton of time to it. Instagram reels, emails, schoolwork, and my social life always seemed more important to me.

Recently, however, I have begun a routine that the author Julia Cameron calls morning pages. I wake up about 20 minutes earlier than my normal start time each day, and journal three pages. What I am writing isnt life-changing by any means. Rather, it's my stream of consciousness laid out on the page as soon as I open my eyes.

At the beginning of this journaling process, my pages consisted of me complaining about how I had other things to do, or how I was too tired to think. One day, I just wrote ugh over and over.

Whether you are celebrating a birthday or finishing an exam, check out these food spots.

Now that I am farther along in the process, I have seen a difference in the journals contents. I know, I sound like every other person in my life, but its true. I have become calmer, more laid back, and I am more aware of myself and the things I want to achieve. I no longer say yes to everything that comes my way, but rather consider whether the event will make me happy, or if staying home and doing something else will spark my interest more.

I have also become more creative. I am overcoming the inner voice inside of me I always listened to the one telling me my ideas werent good enough or that I wouldnt be able to articulate them well. Instead, I go for it. I paint the idea I had, or I write the article I thought about. These morning journal entries have let me think more freely and express myself.

Although it takes time and effort to wake up and hand write three pages of my inner thoughts every morning, it has helped a lot. From various Google searches and talking to family and friends, I have found it beneficial for other individuals as well.

Others simply do it for the aesthetic. It doesnt matter if Olivia Rodrigo does the morning journals every day - or if Kylie Jenner does them either. If their influence is what is inspiring you to sit down and write, you arent doing it for yourself, and you're losing the purpose of the whole exercise. Everything starts to unfold when you want to do it yourself. So, I will not tell you to sit and journal, but I will recommend it.

IU students founded Raas Royalty 15 years ago.

Meditation, on the other hand, is still a challenge for me. I have not sat down and meditated in probably five years, and at this moment, I don't see myself doing it. Meditation has been said to be important for a healthy life, but sitting for an hour with just myself honestly sounds exhausting. I dont think my brain can fully handle just my thoughts for that long. I need to be able to write out my thoughts rather than sit with them and let them pass. Journaling has helped me so much, and I do believe meditation would too, however, I would like to master one skill at a time.

At some point, I hope that by continuing the morning pages I will be able to sit with myself in meditation for an hour or so and not think of anything to allow mental clarity. For now, though, writing my morning pages has helped. With every morning page, I learn more about myself, and I plan to stick with them to grow even more in the future.

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Column: A journal entry a day keeps the doctor away - Indiana Daily Student

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February 1st, 2024 at 2:42 am

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Meditation key to dealing with stress of being a manager, reveals Arsenal boss Arteta – Evening Standard

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Meditation, An LED Mask And VB Lip Liner: The Secrets Of Dakota Johnson’s ‘SNL’ Beauty Prep – British Vogue

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Madame Web star Dakota Johnson looked undeniably hot while hosting Saturday Night Live. Styled by Kate Young in Tom Ford (her accessories included a Verdura bracelet and ring and Kate Young X Monica Vinader hoops), the look was finished off with a classic blowout by Mark Townsend, and a sexy smoky eye by make-up artist Georgie Eisdell.

Eisdell was on set with Johnson (who she calls DJ) all week, prepping her for the promo photos and through to the after party. DJ grew up in this industry and shes cool, calm, and collected, she tells Vogue. We really went for it with the look. SNL is the place to have fun, and she already had a sexy style by Kate Young and all that sexy hair the beauty obviously had to keep up.

To start, Johnson took a moment to meditate. Dakota really looks after her skin, which makes my job so much easier, Eisdell says. But this isnt a week with a lot of sleep. So we took the time to put on the CurrentBody LED Light Therapy Mask in the dressing room it gives them a few minutes of time to themselves but also doubles as a quick depuffing and firming skin treatment. I left her in her dressing room with the mask and blanket on to meditate, then it was full steam ahead!

Eisdell cites Victoria Beckham Beauty as a major brand in her kit to help create the look. Johnson wore shades of plum and taupe to give her eyes smoulder, plus The Lip Definer in #2 for an effortlessly neutral pout. You dont need a quad to create a smoky eye, the make-up artist says. Its actually all about the application process. I prefer cream shadows because they are so much easier to work with. From there, you need a dry, clean, fluffy brush thats important put the shadow on the outer corner of the eye then move the brush like a windshield wiper across the lid until its blended. Then blend a little more. Ive learned you always need to blend a little more than you think you do.

And when it comes to the lashes, Eisdell has a bit of a hot take: she does carry around a lash curler, but shes literally never used it on a client. Im a massive mascara fan, and if youre using two coats of mascara, its doing the exact same thing, she says. The secret is to push the mascara wand into the bash of the lashes, so it doubles as a liner, then use the wand to guide the lashes into the shape that you want them, fanning them out and up.

She adds that Johnson has quite fluffy lashes naturally, so we guess some people do have it all.

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Meditation, An LED Mask And VB Lip Liner: The Secrets Of Dakota Johnson's 'SNL' Beauty Prep - British Vogue

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February 1st, 2024 at 2:42 am

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How to Develop and Deploy Smart Contracts on Ethereum – Analytics Insight

Posted: January 24, 2024 at 2:38 am


The business logic or protocol that drives every transaction on a blockchain is known as a smart contract. The main goal of a smart contract is to fulfill standard contractual requirements, such as minting its own Ethereum currency. We must create smart contracts that will govern how all of the tokens computations are carried out.

It is a standalone script that is written in Solidity, compiled into JSON, and sent to a specific blockchain address. By providing the correct data and Ethereum to call the built and deployed Solidity function, we may execute a deployed smart contract at a specific address in a manner similar to how we can use a RESTful APIs URL endpoint to perform some logic using a HttpRequest.

For a cost commensurate with the storage capacity of the contained code, smart contracts are added to the decentralized database. It may also be described as a group of codes that are kept on the blockchain network and specify terms that all parties to the contract must concur upon.

This is a detailed tutorial on using Solidity to create and implement Ethereum Smart Contracts.

MetaMask functions as a wallet and an Ethereum browser. It eliminates the need to download and install software in order to engage with dApps and smart contracts online. All you have to do is add the MetaMask Chrome Extension, set up a wallet, and send ether.

Although MetaMask is presently only compatible with the Google Chrome browser, Firefox compatibility is anticipated in the upcoming years. Before you begin developing smart contracts, download the MetaMask Chrome plugin.

You may import an existing wallet or create a new one after downloading and adding it as a Chrome extension. To implement an Ethereum smart contract on the network, you need to have some ethers in your Ethereum wallet.

Click on its symbol in the upper right corner of the browser window once it has been installed. It will open in a new browser tab when you click on it. To continue, click Create Wallet and select I agree to accept the terms and conditions. Youll be prompted to set a password.

It will email you a secret backup phrase that is used to backup and restore the account once you generate a password. This phrase can steal your ethers, therefore dont reveal it or share it with anybody.

The following test networks may also be present in your MetaMask wallet:

Robsten Test Network

Kovan Test Network

Rinkeby Test Network

Goerli Test Network

You need to have some fake ethers in your MetaMask wallet in order to test the smart contract. Click the Deposit and Get Ether buttons under Test Faucet to add fake ethers. You must select request one ether from the faucet in order to continue, and one ETH will be added to your wallet. To the test network, you may add as many ethers as you like.

To develop our Solidity code, we will utilize the Remix Browser IDE. Remix is the greatest choice for creating smart contracts since it provides a rich development experience and has a few features. Typically, it is employed in the drafting of minor contracts.

To generate a.sol extension file, open Remix Browser and click the add symbol next to the browser on the upper left corner.

A common template for ERC20 tokens is ERC20.sol.

Pressing the deploy button on the right side of the Remix window will enable the smart contract to be deployed on the Ethereum test network. Hold off until the transaction is finished. The address of the smart contract will be shown on the right side of the remix window upon a successful transaction commit.

Initially, the person implementing the smart contract will have all of the ERC20 tokens kept in their wallet. Go to the metamask window, select Add Tokens, enter the smart contract address, then click OK to view the tokens in your wallet. There, you would be able to check how many tokens there are.

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How to Develop and Deploy Smart Contracts on Ethereum - Analytics Insight

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January 24th, 2024 at 2:38 am

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Ethereum’s ETH Gears Up for Potential Resurgence in 2024 amid Dencun Upgrade – Coinspeaker

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After a year of underperformance in 2023, the ETH/BTC dominance will grow this year on the backdrop of Dencun upgrade and other contributing factors within the Ethereum ecosystem.

In the year 2023, Ether (ETH), the native token of the Ethereum blockchain, faced a period of underperformance compared to Bitcoin (BTC). Bitcoins newfound narrative centered around smart contracts, non-fungible tokens (NFTs), and optimism surrounding a spot exchange-traded fund (ETF) drew significant investor interest. Analysts now suggest a potential reevaluation of Ether in 2024, given Ethereums continued status as the leading smart contract blockchain globally, coupled with upcoming key upgrades. Analysts also see Ether as a strong contender for the next spot-based ETF in the United States.

In a recent weekly newsletter, Nasdaq-listed cryptocurrency exchange Coinbase expressed optimism, stating that ETH could be poised for a breakout year. The impact of last weeks Bitcoin ETF news proved beneficial for Ethereum, causing a brief spike above $2,700, marking its highest price since May 2022. Further optimism for ETHs near-term future arises from the fact that firms behind Bitcoin ETFs, including BlackRock and VanEck, are actively considering Ethereum-based spot ETFs.

A spot ETF involves actual cryptocurrency investment, offering exposure to the asset without direct ownership. This is a favorable alternative to futures-based ETFs, which are susceptible to roll costs. The potential launch of spot ETH ETFs is likely to unleash a flood of institutional and retail investment, mirroring the success observed with nearly a dozen Bitcoin spot ETFs that commenced trading in the US last Thursday. These Bitcoin ETFs have collectively recorded a cumulative volume exceeding $10 billion, with BlackRocks product amassing an impressive $1 billion in inflows.

Coinbase reports that Ethereums upcoming Dencun upgrade, designed to enhance the mainnets scalability through the introduction of data blobs, has the potential to ignite investor interest in the cryptocurrency. The upgrade recently went live on Ethereums Goerli testnet.

The Dencun upgrade introduces data blobs, which are temporary transaction data memories typically associated with Layer 2 solutions. These can be attached to Ethereum. Thus, following the mainnet upgrade, the network will only need to confirm the correctness of the blob data attached to the block, reducing congestion and network fees.

Coinbase notes that the Dencun upgrade, currently undergoing initial tests, is likely to implement Ethereum Improvement Proposal (EIP) 4844 in the coming months. Some Ethereum observers predict that this proposal could significantly decrease network fees by 90% or more.

In its annual report, institutional crypto firm ETC Group expresses a bullish outlook for the ether-bitcoin ratio. Despite Bitcoins surge in network activity in 2023, Ethereum continues to dominate as the preferred chain for decentralized applications, NFTs, and tokenized assets.

ETC Groups data reveals that the top 10 ERC-20 tokens on Ethereum have a combined market value of $21 billion, surpassing the $1.6 billion market capitalization of the entire BRC-20 token universe on the Bitcoin network. ERC-20 represents Ethereums token standard, while BRC-20 signifies a fungible digital asset on the Bitcoin network.

Additionally, in 2024, Ethereum investors can generate extra returns by staking or locking their coins on the network, earning rewards at an annualized rate of around 3.84%. Ethereums feature of burning a portion of transaction fees paid in ETH further contributes to a deflationary effect on the tokens supply, positively impacting investors.

ETC Group emphasizes Ethereums strong dominance in smart contract platforms and the potential for additional yield, stating that Ethereum should be a core holding in a diversified crypto asset portfolio. The report anticipates a reversal in the relative performance of ETH/BTC in 2024, citing historical trends of mean reversion in the 12-month relative performance of these two cryptocurrencies.

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Ethereum's ETH Gears Up for Potential Resurgence in 2024 amid Dencun Upgrade - Coinspeaker

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January 24th, 2024 at 2:38 am

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