About Ethereum merge - page 2. | Bitcointalksearch.org

TastyChillySauce00

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Quote from: BitKongy on April 14, 2022, 11:19:06 PM

Can Ethereum lose its stand because of failing PoS merge? Vitalik wants PoS by force and that thing is just too buggy as hell, it seems whales are not in good mood about it as well, I just think that ETH can't make it without the PoW algorithm because this adds value to ETH a lot.

In my opinion if that needs to be observed even more. It's caused by this move is betting the reputation of big blockchain that already had active community behind it. If ethereum can do another big burn again and it's better if the EIP must become a better choice caused by it can add deflationary to prevent the inflation that happend with ethereum. In my opinion if this is more sustainable model rather than forcing ethereum to be POS coin. This is also making it to come into the new code that will change a lot of its infrastructure.

Dave1

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Quote from: terciduk123 on April 15, 2022, 03:07:50 AM

It could happen, Ethereum could lose the 2nd position after Bitcoin in market cap. It all depends on how Vitalik brings Ethereum, POS which is considered a solution for high transaction fees, but until now the problem of high transaction fees is still a problem on the Ethereum network.

I don't think that they will lose their 2nd position, although I must admit that this is a problem. POS is the supposedly solution to the high fees and with a lot of roll out and improvement, still the problem persists. Not sure what the reasons though, but I have a hunch that too many validators are taking control now. Vitalik has his roadmap as far as POS goes, maybe he still have something in his sleeves to make things work.

terciduk123

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It could happen, Ethereum could lose the 2nd position after Bitcoin in market cap. It all depends on how Vitalik brings Ethereum, POS which is considered a solution for high transaction fees, but until now the problem of high transaction fees is still a problem on the Ethereum network.

Crypt0Gore

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Quote from: malcovi2 on April 15, 2022, 02:54:38 AM

Quote from: rhomelmabini on April 15, 2022, 02:11:56 AM

Besides, PoW is somehow gets attention from global organization and I think the transition is somehow not that bad considering it's environmentally friendly.

True, especially the rise of electricity costs due to the on-going war, miners again are forced to relocate to a country that has a lower electricity costs. Also some countries are starting to ban crypto-mining related activities. Just look at US, other states are slowly banning such activity, it really shows the big impact on the consumption of electricity.

Wait what do you mean by the ban on crypto mining in the USA? That's the perfect place for miners I don't get you, there are tons of crypto miners on Youtube that are also from the USA, your point is invalid.

malcovi2

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Quote from: rhomelmabini on April 15, 2022, 02:11:56 AM

Besides, PoW is somehow gets attention from global organization and I think the transition is somehow not that bad considering it's environmentally friendly.

True, especially the rise of electricity costs due to the on-going war, miners again are forced to relocate to a country that has a lower electricity costs. Also some countries are starting to ban crypto-mining related activities. Just look at US, other states are slowly banning such activity, it really shows the big impact on the consumption of electricity.

rhomelmabini

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If the Merge works according to what was plan I don't this is a failure and tbh we should wait first until it's live before giving out opinion which isn't yet at hand. There are huge advantages when we go to Merge and scalability is what I really wanted is the implementation of sharing since that will solve much of the cry of people concerning the higher throughput of transaction fees.

Besides, PoW is somehow gets attention from global organization and I think the transition is somehow not that bad considering it's environmentally friendly.

BitKongy

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Can Ethereum lose its stand because of failing PoS merge? Vitalik wants PoS by force and that thing is just too buggy as hell, it seems whales are not in good mood about it as well, I just think that ETH can't make it without the PoW algorithm because this adds value to ETH a lot.

Topic: About Ethereum merge - page 2. (Read 188 times)