Pages:
Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 14. (Read 2007061 times)

hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
September 18, 2022, 01:52:36 PM
i bet eth will be a shitcoin

Sounds like the easy solution is to place your bets with shorts or futures contracts rather than whatever it is you're doing here.

Would have made you some money had you acted when you posted.
sr. member
Activity: 2016
Merit: 268
September 18, 2022, 11:13:30 AM
i bet eth will be a shitcoin
well that gave me a chuckle, thanks  Grin
unfortunately even if we laugh at anything at ETH right now, it won't be a shit coin, basically ETH will be interesting in the future looking at the results after yesterday's merger, I believe it needs a process to become more powerful
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
September 18, 2022, 10:00:10 AM
i bet eth will be a shitcoin
well that gave me a chuckle, thanks  Grin
copper member
Activity: 416
Merit: 105
September 17, 2022, 06:49:09 PM
i bet eth will be a shitcoin
sr. member
Activity: 2016
Merit: 268
September 17, 2022, 10:57:57 AM
maybe many people think that this ETH merger will make the gwei gas on transactions much lower as is the case with BNB which always stays at 5 gwei for transactions, this is what I expected and it didn't happen until the merger was successful a few hours ago, I was wrong the only one who believes that by merging transactions is much cheaper even though the gwei gas is not really lower than expected after the merger, but I congratulate ETH for successfully moving to the POS network, hope it can be cheaper in the future https://etherscan.io/gastracker

Sharding is what gets us there, which is the next major phase. Many people mixed that up. All the merge did was change the rewarding mechanism from POW to POS.

Sharding is what helps the standard user a lot. Because, as I recall, the ETH network can handle about 17 tx/second as it stands. Once sharding gets developed, which is probably I'd guess 2 years away, the tx/sec would increase from 17 to 100,000. And if you pair that with L2s, you can start to achieve a network that can handle institutional stuff / nation state stuff. Assuming the network is built out correctly. Because there is the mega fail of Solana which has their blockchain go "offline" whenever there's an issue. ETH can't have that happen or else it's a failed project, imo.
yes I know it has a process that may be a bit long and maybe go through a sharding process, at least I have also really seen cheap transaction fees every weekend so it makes it easier for me to transact, it seems the miners are throwing ETH so the price keeps going down every time
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
September 16, 2022, 10:35:02 AM
maybe many people think that this ETH merger will make the gwei gas on transactions much lower as is the case with BNB which always stays at 5 gwei for transactions, this is what I expected and it didn't happen until the merger was successful a few hours ago, I was wrong the only one who believes that by merging transactions is much cheaper even though the gwei gas is not really lower than expected after the merger, but I congratulate ETH for successfully moving to the POS network, hope it can be cheaper in the future https://etherscan.io/gastracker

Sharding is what gets us there, which is the next major phase. Many people mixed that up. All the merge did was change the rewarding mechanism from POW to POS.

Sharding is what helps the standard user a lot. Because, as I recall, the ETH network can handle about 17 tx/second as it stands. Once sharding gets developed, which is probably I'd guess 2 years away, the tx/sec would increase from 17 to 100,000. And if you pair that with L2s, you can start to achieve a network that can handle institutional stuff / nation state stuff. Assuming the network is built out correctly. Because there is the mega fail of Solana which has their blockchain go "offline" whenever there's an issue. ETH can't have that happen or else it's a failed project, imo.
sr. member
Activity: 2016
Merit: 268
September 16, 2022, 09:09:20 AM
maybe many people think that this ETH merger will make the gwei gas on transactions much lower as is the case with BNB which always stays at 5 gwei for transactions, this is what I expected and it didn't happen until the merger was successful a few hours ago, I was wrong the only one who believes that by merging transactions is much cheaper even though the gwei gas is not really lower than expected after the merger, but I congratulate ETH for successfully moving to the POS network, hope it can be cheaper in the future https://etherscan.io/gastracker

Who cares? More fee, more burn.
yes it's true the more fees the more burned, but it makes it difficult for me a small trader to transact on the ETH network

maybe many people think that this ETH merger will make the gwei gas on transactions much lower as is the case with BNB which always stays at 5 gwei for transactions, this is what I expected and it didn't happen until the merger was successful a few hours ago, I was wrong the only one who believes that by merging transactions is much cheaper even though the gwei gas is not really lower than expected after the merger, but I congratulate ETH for successfully moving to the POS network, hope it can be cheaper in the future https://etherscan.io/gastracker
There's always going to be something that doesn't sit well with us. A number of updates will take place, including Vitalik, more coders, sharding, as we've now first mover advantage.

I believe the fees go to validators. Ethereum has a lot of built-in users and projects. The Ethereum network is now on the verge of lowering their fees and making transactions faster. This development required the merge. For its own sake, I hope so. It is impossible for them to maintain this charade by charging such high fees.
yes yesterday saw gas costs reach 200 Gwei and it surprised me why the fees got so high again even though it didn't take long and finally it went back to low below 10 Gwei, I thought the merger made transaction fees much cheaper but I was wrong and they are working on that best way to make ETH transactions much cheaper and still in progress
sr. member
Activity: 2156
Merit: 323
September 16, 2022, 02:05:07 AM
maybe many people think that this ETH merger will make the gwei gas on transactions much lower as is the case with BNB which always stays at 5 gwei for transactions, this is what I expected and it didn't happen until the merger was successful a few hours ago, I was wrong the only one who believes that by merging transactions is much cheaper even though the gwei gas is not really lower than expected after the merger, but I congratulate ETH for successfully moving to the POS network, hope it can be cheaper in the future https://etherscan.io/gastracker
There's always going to be something that doesn't sit well with us. A number of updates will take place, including Vitalik, more coders, sharding, as we've now first mover advantage.

I believe the fees go to validators. Ethereum has a lot of built-in users and projects. The Ethereum network is now on the verge of lowering their fees and making transactions faster. This development required the merge. For its own sake, I hope so. It is impossible for them to maintain this charade by charging such high fees.
full member
Activity: 585
Merit: 106
September 16, 2022, 12:07:32 AM
maybe many people think that this ETH merger will make the gwei gas on transactions much lower as is the case with BNB which always stays at 5 gwei for transactions, this is what I expected and it didn't happen until the merger was successful a few hours ago, I was wrong the only one who believes that by merging transactions is much cheaper even though the gwei gas is not really lower than expected after the merger, but I congratulate ETH for successfully moving to the POS network, hope it can be cheaper in the future https://etherscan.io/gastracker

Who cares? More fee, more burn.
sr. member
Activity: 2016
Merit: 268
September 15, 2022, 10:39:21 AM
maybe many people think that this ETH merger will make the gwei gas on transactions much lower as is the case with BNB which always stays at 5 gwei for transactions, this is what I expected and it didn't happen until the merger was successful a few hours ago, I was wrong the only one who believes that by merging transactions is much cheaper even though the gwei gas is not really lower than expected after the merger, but I congratulate ETH for successfully moving to the POS network, hope it can be cheaper in the future https://etherscan.io/gastracker
hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
September 15, 2022, 04:05:22 AM
Peak ETH supply may have already come and gone. 200 ETH down from the top.

hero member
Activity: 3192
Merit: 597
Leading Crypto Sports Betting & Casino Platform
September 15, 2022, 03:58:04 AM
An era has ended but has opened a new era. From PoW to PoS and sure a lot of moments, experiences and memories will be remembered with the end of PoW.

Hello people,

I have some ETH on Ledger Nano and some ETH on Kraken, and now I wonder what is the best place to park them before the merge. As I understand, there is a chance that there will be a new coin after the merge and all ETH holders (apart from exchanges who do not support it) will get this new coin also at the 1:1 ratio compared to how many ETH they hold.
But will I get this on Ledger automatically? Or what do I need to do for this?

What is the best place to park my ETH ahead of the merge?

And.....how big is the chance in % that there really will be formed a new coin after the merge?
I have kept my ETH on Ledger Live and just waiting for their announcement if there really is a new coin. But for now, there's no need to worry as the merge is successful and ETH is now a Proof-of-stake.
legendary
Activity: 2002
Merit: 4743
September 15, 2022, 02:00:51 AM
https://decrypt.co/109724/what-ethereum-merge-means-and-doesnt-users
What the Ethereum Merge Means for Ordinary Users—And What It Doesn’t
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
September 15, 2022, 01:55:05 AM
I never trust anyone with my finances. No matter how trustworthy Vitalik may look for some. That's why I won't have any more involvement in eth, especially when I know that it has become 100% centralized project. Having said that, I salute the POW which ALWAYS be with the only true decentralized finance - Bitcoin. From that perspective eth POW gave me a chance to start with 1 gaming card in 2016, which make profit and I bought 4 more, then more. And that's how I got into Bitcoin and I am glad I found the financial safe haven. Now etc mining is not profitable anymore, but at least I can use it for heating purposes and hopefully one day the return will be at least 10x.
legendary
Activity: 2002
Merit: 4743
September 15, 2022, 01:46:56 AM
I'm a miner since 2016, but it's time to let POW go away. It was golden times, but POS is better in any way.
The POW network’s annual energy demand is 80.95 TWh. This corresponds to the electricity needed by a US household in 7.03 days.

Ethereum mining going away. But ETH 2.0 is good for the future.

Back in 2014 hundreds of coins changed from POW to POS it was not good for a single one of them.
Peercoin is staking for almost 10 years now, a lot of people still waiting for the good part of it because the 1% reward is catastrophic.
I agree that the POS algorithm is more reliable, but modern requirements for energy efficiency require the blockchain to consume less electricity. In the future, POS blockchains will have problems due to expensive electricity, so the POS algorithm for Ethereum will be a good solution.

Congratulations

https://www.youtube.com/watch?v=Nx-jYgI0QVI
sr. member
Activity: 608
Merit: 264
Freedom, Natural Law
September 15, 2022, 12:43:09 AM
I'm a miner since 2016, but it's time to let POW go away. It was golden times, but POS is better in any way.
The POW network’s annual energy demand is 80.95 TWh. This corresponds to the electricity needed by a US household in 7.03 days.

Ethereum mining going away. But ETH 2.0 is good for the future.

Back in 2014 hundreds of coins changed from POW to POS it was not good for a single one of them.
Peercoin is staking for almost 10 years now, a lot of people still waiting for the good part of it because the 1% reward is catastrophic.
legendary
Activity: 2002
Merit: 4743
September 15, 2022, 12:21:56 AM
About 1 hour left until the ethereum merge
https://watcher.guru/ethmerge

official
https://www.youtube.com/watch?v=Nx-jYgI0QVI
Ethereum Mainnet Merge Viewing Party

Nethermind 24h Merge Watch
https://www.youtube.com/watch?v=_87HylU9r_Y

The Eve of the Merge with Special Guests!!
https://www.youtube.com/watch?v=jJK2fsw4dxk

Many projects and exchanges will not accept transactions in the Ethereum ecosystem, if you plan to make a transfer, then check the news.

hero member
Activity: 1328
Merit: 563
MintDice.com | TG: t.me/MintDice
September 12, 2022, 06:09:54 AM
Hello people,

I have some ETH on Ledger Nano and some ETH on Kraken, and now I wonder what is the best place to park them before the merge. As I understand, there is a chance that there will be a new coin after the merge and all ETH holders (apart from exchanges who do not support it) will get this new coin also at the 1:1 ratio compared to how many ETH they hold.
But will I get this on Ledger automatically? Or what do I need to do for this?

What is the best place to park my ETH ahead of the merge?

And.....how big is the chance in % that there really will be formed a new coin after the merge?

The easiest thing is going to be have it on an exchange that indicated earlier on that they will support the forked ETHW coin for you to dump.

The more advanced thing to do would be to keep it on a ledger and maintain control during the merge and manage everything from there.

I guess it just depends on how comfortable you are technologically speaking, how much you think the forked shitcoin will be worth or even happen etc. There is no definite answer to your question. It doesn't have to be an all or nothing answer either. You could do a partial amount weighted in the direction you like, kind of like you are already doing.
jr. member
Activity: 62
Merit: 5
September 12, 2022, 03:00:03 AM
Hello people,

I have some ETH on Ledger Nano and some ETH on Kraken, and now I wonder what is the best place to park them before the merge. As I understand, there is a chance that there will be a new coin after the merge and all ETH holders (apart from exchanges who do not support it) will get this new coin also at the 1:1 ratio compared to how many ETH they hold.
But will I get this on Ledger automatically? Or what do I need to do for this?

What is the best place to park my ETH ahead of the merge?

And.....how big is the chance in % that there really will be formed a new coin after the merge?
newbie
Activity: 22
Merit: 0
September 11, 2022, 10:57:22 PM
I'm a miner since 2016, but it's time to let POW go away. It was golden times, but POS is better in any way.
The POW network’s annual energy demand is 80.95 TWh. This corresponds to the electricity needed by a US household in 7.03 days.

Ethereum mining going away. But ETH 2.0 is good for the future.
Pages:
Jump to: