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Ethereum Developer Introduces Live Tracer for Asset Tracking

May 7, 2024

The introduction of the live tracer by developer Marius Van Der Wijden offers real-time tracking of balance changes in Ethereum and ERC-20 tokens across multiple addresses. Users can now download CSV reports for each address, enhancing asset tracking capabilities. This tool aims to improve transparency and help users make more informed financial decisions.

With the community moving forward with the Electra hard fork, key Ethereum Improvement Proposals (EIPs) such as EIP 6110 for network security and EIP 7002 for engine API are included. The Electra hard fork is scheduled to launch on the testnet by the end of April.

Discussions are ongoing about EIP 7251, which suggests increasing the maximum validator balance to 2048 ETH. There is also debate around establishing custom withdrawal limits for large balances exceeding 32 ETH.

The recent price volatility of Ethereum, fluctuating from 3,194 to 3,059 in a single day, highlights the challenges of predicting cryptocurrency prices. This volatility is influenced by factors such as investor sentiment, global economic conditions, and advancements in blockchain technology.

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