(UnicastRemoteObHelloImpl err: nullĪt sunrmissl.HelloImpl.(HelloImpl.java:27)Īt (HelloImpl.java:41)Īt (RMISSLServerSocketFactory.java:51)Īt. exportObject(UnicastRemoteObject.java:209)Īt. exportObject(UnicastRemoteObject.java:278)Īt. exportObject(UnicastServerRef.java:109)Īt. exportObject(UnicastServerRef.java:125)Īt. TCPEndpoint.exportObject(TCPEndpoint.java:319)Īt. TCPTransport.exportObject(TCPTransport.java:172)Īt. TCPTransport.listen(TCPTransport.java:200)Īt. TCPEndpoint.newServerSocket(TCPEndpoint.java:559)Īt. SSLContext.getInstance()Īt (RMISSLServerSocketFactory.java:39)Īt. Federal Reserve appears to be poised to take a more hawkish stance on monetary policy (for now, maybe), especially in light of recent high inflation data, cryptocurrency investors seem to be rethinking how they’re allocating their money in the sector. One would expect that to mean good news not just for the price of ether, the native token of the Ethereum network, but also for its layer 1, or base layer, alternatives. Instead of a gold-like store of value (a chief value proposition for bitcoin), ether and its rivals represent bets on sophisticated platforms for building smart contracts, non-fungible tokens (NFT), decentralized finance (DeFi) applications and other wizardry. “That’s why you’re seeing ethereum really outperform bitcoin,” said Mike Novogratz, CEO of Galaxy Investment Partners on CNBC’s “Squawk Box” on Wednesday. People see ethereum as a technology bet and bitcoin as a debasement of fiat currency bet.” “If you look at the ethereum price, ethereum still trades as bullish as can be. Thus, if the narrative is cooling on what seemed to be endless money printing by the Fed, investors who were bullish on blockchain technology may be looking to buy more assets beyond bitcoin. The most established of these is, of course, ether, but with Ethereum transaction costs getting prohibitively expensive with the boom in NFTs, it would be no surprise if the market is looking for other networks that won’t break the bank on every transaction.Įther has had an incredible run over the past few months. Nonetheless, the 90-day correlation coefficient of bitcoin and ether is still a very high 0.84 and generally rising. That means they are increasingly moving in lockstep, though ether still outperforms bitcoin. (Layer 1 platforms are those that are independent blockchains, rather than layer 2 networks, which are built on top of one of the layer 1 blockchains.) Some investors seeking an alternative to the king of alternatives are finding meaty returns on an absolute basis when it comes to some of the layer 1 tokens.
Eazydraw independent scale not available install#
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