Well the hard fork is a shit show. Now all pools require high fees to withdraw earnings. Burned ETH means nothing, its all about people with a lot of ETH who want to increase the value of their stack by reducing supply to other people. Once POS is there, they will control most of the supply.
PASS
Topic: [ANN] Ethereum: Welcome to the Beginning - page 36. (Read 2007008 times)
Wow finally the most anticipated eip1559 already live at block 12,965,000 Congrats to eth developers salute to all of you for making this happen you can see on the sites below the eth already burned stats
EIP-1559 base fee and burn dashboards
https://ethburned.info
https://etherchain.org/burn
https://watchtheburn.com
https://ultrasound.money
Everything is done. ETH's London upgrade just took place - including EIP-1559. The Ethereum blockchain may split into two chains, resulting in the creation of two ETH tokens. All of Ethereum's community members deserve congratulations.EIP-1559 base fee and burn dashboards
https://ethburned.info
https://etherchain.org/burn
https://watchtheburn.com
https://ultrasound.money
It's exciting! What will happen now? Since the ETH gas fee is ridiculously high, how is this supposed to solve anything?
The block reward remains 2eth, nothing is reduced. Which is ridiculous of course.
thats nuts... This is what suppose to happen. No more 2++ block rewards.
This fork was such a stupid idea that just made fees more than before, and it will not solve any problem on Ethereum.
Sure it can with switching to POS.
But the bigger problem is that with the POS, which is a blockchain variant of banking deposits, ethereum will get more centralized and declared as a security in USA. And this means more regulations and even bans like the ICOs.
Can ETH get more centralized then it is now? Sure it can with switching to POS. 
Wow finally the most anticipated eip1559 already live at block 12,965,000 Congrats to eth developers salute to all of you for making this happen you can see on the sites below the eth already burned stats
EIP-1559 base fee and burn dashboards
https://ethburned.info
https://etherchain.org/burn
https://watchtheburn.com
https://ultrasound.money
Everything is done. ETH's London upgrade just took place - including EIP-1559. The Ethereum blockchain may split into two chains, resulting in the creation of two ETH tokens. All of Ethereum's community members deserve congratulations.EIP-1559 base fee and burn dashboards
https://ethburned.info
https://etherchain.org/burn
https://watchtheburn.com
https://ultrasound.money
It's exciting! What will happen now? Since the ETH gas fee is ridiculously high, how is this supposed to solve anything?
Gas fees before the fork: 8 gwei. Gas fees after the fork 82 gwei.
That was the biggest mystery nobody of the devs could explain. They claimed that the high gas fees are caused by malicious miners who somehow caused a conjestion on the blockchain. The number of transactions caused by the increasing price or usdt or defi has nothing to do I guess (this is a sarcasm of course). All this is only dust in the face of the average Joes who don't understand how the blockchain works. Then they came to the "brilliant" idea if they burn the gas fees, the miners will magically free the blockchain and thus the gas fees get lower. Now the only thing they achieved is to lower the minig profit with 20% hoping this will reduce the inflow to exchanges. Even devs were speaking about reducing supply, which is a big mistake. The block reward remains 2eth, nothing is reduced. Which is ridiculous of course. The miners will have to pay for the electricity and if the price is good to take profits. But the bigger problem is that with the POS, which is a blockchain variant of banking deposits, ethereum will get more centralized and declared as a security in USA. And this means more regulations and even bans like the ICOs.
According to the data from the website https://ethburned.info / the ETH burn is going pretty well, judging by the data that it shows, the total burned is 541.64542295 ETH Burned out in the last hour - 300.25877449 ETH thus, 50 ETH is burned every 10 minutes
Wow finally the most anticipated eip1559 already live at block 12,965,000 Congrats to eth developers salute to all of you for making this happen you can see on the sites below the eth already burned stats
EIP-1559 base fee and burn dashboards
https://ethburned.info
https://etherchain.org/burn
https://watchtheburn.com
https://ultrasound.money
Everything is done. ETH's London upgrade just took place - including EIP-1559. The Ethereum blockchain may split into two chains, resulting in the creation of two ETH tokens. All of Ethereum's community members deserve congratulations.EIP-1559 base fee and burn dashboards
https://ethburned.info
https://etherchain.org/burn
https://watchtheburn.com
https://ultrasound.money
It's exciting! What will happen now? Since the ETH gas fee is ridiculously high, how is this supposed to solve anything?
Wow finally the most anticipated eip1559 already live at block 12,965,000 Congrats to eth developers salute to all of you for making this happen you can see on the sites below the eth already burned stats
EIP-1559 base fee and burn dashboards
https://ethburned.info
https://etherchain.org/burn
https://watchtheburn.com
https://ultrasound.money
EIP-1559 base fee and burn dashboards
https://ethburned.info
https://etherchain.org/burn
https://watchtheburn.com
https://ultrasound.money
Use the countdown and avoid any mistake to move your Ethereum around the hard fork. You never know what will happen with the hardfork and your coins if you move it shortly around the hard fork.
Please wait very patiently and observe what happen with the hard fork, network and only move your coins when the hard fork successfully done and the network becomes stable again.
It's a big note for newbies.
Please wait very patiently and observe what happen with the hard fork, network and only move your coins when the hard fork successfully done and the network becomes stable again.
It's a big note for newbies.
You're right. Better to beware of payments during a hard fork.
__
London ready & synced clients seen on the Ethereum network (last 24h)
https://ethernodes.org/london
Very interesting statistics. 2 hours left for the hard fork and 23% of the nodes have not yet updated their software.
Nodes must be updated on Ethereum 1.0 and Ethereum 2.0 networks.
Use the countdown and avoid any mistake to move your Ethereum around the hard fork. You never know what will happen with the hardfork and your coins if you move it shortly around the hard fork.
Please wait very patiently and observe what happen with the hard fork, network and only move your coins when the hard fork successfully done and the network becomes stable again.
It's a big note for newbies.
Please wait very patiently and observe what happen with the hard fork, network and only move your coins when the hard fork successfully done and the network becomes stable again.
It's a big note for newbies.
Remaining until London hard fork
https://etherscan.io/block/countdown/12965000
EIP-1559: What Happens Next for Ethereum
EIP-1559 is a big upgrade to Ethereum, promising to rein in its volatile gas fees. But what does it mean for the network and its users?
https://decrypt.co/77629/eip-1559-what-happens-next-for-ethereum
"Join us Thursday, August 5th at 10AM PT on Twitter Spaces for a discussion on the upcoming EIP-1559 deployment with Decrypt's Jeff Benson, Ethereum 2.0 core engineer Ansgar Dietrichs, and Ethereum Cat Herders Pooja Ranjan and Hudson Jameson."
https://etherscan.io/block/countdown/12965000
EIP-1559: What Happens Next for Ethereum
EIP-1559 is a big upgrade to Ethereum, promising to rein in its volatile gas fees. But what does it mean for the network and its users?
https://decrypt.co/77629/eip-1559-what-happens-next-for-ethereum
"Join us Thursday, August 5th at 10AM PT on Twitter Spaces for a discussion on the upcoming EIP-1559 deployment with Decrypt's Jeff Benson, Ethereum 2.0 core engineer Ansgar Dietrichs, and Ethereum Cat Herders Pooja Ranjan and Hudson Jameson."
I wouldn't say that Ethereum is fully decentralized. Only partially perhaps. There is this developer team with an uknown premined stash, who decides what to do with the bloockchain. This is done without asking the users, including reversing transactions in case they don't like something. This is what happened in 2016, after the DAO accident. Since then the project has been compromised and nobody can state that it is truly decentralized.
It is a fact and an important part of Ethereum history from that people have evidence to say Ethereum is centralized, partially even the project and the network have changed a lot in many years after the DAO hack.This is one of the reasons many people,,, including myself, changed their minds about Ethereum. Even Vitalik himself admitted at some point it was not as decentralized as he would like and took steps to changing that. The fact that dev calls take forever and decisions are "slow" show that the method eventually works.
He tries but it does not mean his vision can work.Quote
BSC can also achieve that I suppose but not for a long time yet.
BSC is worse than Ethereum network because that chain has very little validators and they are fully controlled by Binance. Binance again are one of most favorite targets of governments now and in future. It means that chain has already been under radars for more regulations then FUD. 
The number of validators in the Ethereum 2.0 network has exceeded 200,215 currently the betting platform contains 6,406,811 ethereum, or more than $15 billion in value.
The number of validators on ETH network is bigger than what Binance Smart Chain has. Binance Smart Chain is centralized by Binance but Ethereum network is more decentralized. Your screenshot and given stats on that page demonstrate that ETH network is actually decentralized.If I choose one between Ethereum and Binance Smart Chain, I would choose Ethereum. It has longer history and better decentralization. Transaction fee is not the only thing to consider and assess one project.
I wouldn't say that Ethereum is fully decentralized. Only partially perhaps. There is this developer team with an uknown premined stash, who decides what to do with the bloockchain. This is done without asking the users, including reversing transactions in case they don't like something. This is what happened in 2016, after the DAO accident. Since then the project has been compromised and nobody can state that it is truly decentralized. Now we see a switch from POW, which was the only decentralized element, to a POS, which is like the fiat money. So with time instead of going more decentralized, ethereum is going even less decentralized. It is like a fiat money blockchain, which allows ponzis to be made on top of it, like DAO, Icos, Defi, etc. So everyone investing in ethereum must know, that they are trusting their money to a team that makes all decisions on their own and may split and abandon the project anytime. One of the inventors has already left the project. And finally, nobody knows what is the supply and what it will be after the POS switch. So it is not about bitcoin maximalism as Vitalik is trying to defend his project. This is the truth - that the only fully decentralized blockchain is bitcoin. There is the Core's team of course, who is changing with time but they always ask the community for each change. The users and miners vote and then the change is implemented. And we are talking about small techical soft forks like segwit and tarpoot, which are expanding the decentralization.
Consensus has been reached.
https://blog.ethereum.org/2016/06/24/dao-wars-youre-voice-soft-fork-dilemma/
I understand that a lot of coins were created in the genesis block, but you can't talk about the project if you don't compare it with competitors.
Ethereum is the most decentralized protocol after Bitcoin.
The degree of decentralisation is partly a matter of definition. A blockchain can have excess centralisation or control by the miners or the holders, or a number of other factors.
It is still the case that large amounts of fiat money could give control of mining or stake. Large finance corporations already hold significant amounts of BTC and ETH, and would perhaps also move to control mining but for the environmental concerns. That is perhaps the 'downside' of POS, in that it would facilitate Big Finance to become more involved (although some would argue that is good).
Ultimately the test is in the real world outcomes, and we can only wait and see.
Ethereum is on a 13 day win streak and has not yet started burning coins. Will you guys welcome the impending dump? It is what I am thinking. However, as a market, Ethereum cannot raise every day no matter how much I enjoy seeing the price go up. There's nothing good about this many green candles, but this short position is very beneficial to the trader.
there are many other decentralized project after bitcoin and eth but still eth is the second most popular and great coin ever invented in crypto history. and yes the whales always control the price of tha coin. but only if that they hold for long term and when ever they want they just sell and bring the price down. competitors means contro lof that whales and its good
I believe that neither Bitcoin nor Ethereum are truly decentralized currencies. In my opinion, decentralization is a complete departure from fiat and Internet!
I think you need to have clear understanding of things first. Bitcoin and Ethereum are truly decentralized. Adoption of these currencies and eliminating Fiat is another thing which will happen over the time but this does not make bitcoin centralized.
Secondly, Internet is not going anywhere. If there would be no internet, how can you use the crypto currencies ?
https://decrypt.co/76683/ethereum-transition-eth2-gets-formal-improvement-proposal
"Ethereum Transition to ETH2 Gets a Formal Improvement Proposal
EIP-3675 puts the network one step closer to Ethereum 2.0. That doesn't mean it's coming right away.
In brief
EIP-3675 is a proposal to officially transition Ethereum to proof of stake.
The network currently uses proof of work.
A functioning proof-of-stake network is still months away."
A new graphic for Ethereum's Upgrade Path: leading to the Merge and beyond 👩🚀
https://twitter.com/trent_vanepps/status/1415741658067517441
"Ethereum Transition to ETH2 Gets a Formal Improvement Proposal
EIP-3675 puts the network one step closer to Ethereum 2.0. That doesn't mean it's coming right away.
In brief
EIP-3675 is a proposal to officially transition Ethereum to proof of stake.
The network currently uses proof of work.
A functioning proof-of-stake network is still months away."
A new graphic for Ethereum's Upgrade Path: leading to the Merge and beyond 👩🚀
https://twitter.com/trent_vanepps/status/1415741658067517441
People are underestimating the power of etherum and think that other chains like binance smart chain or Solana blockchian being more quick and cheap.
Once this roadmap will complete, the no one can beat ethereum in terms of cost too. For the security point of view, other blockchain can't even come close to ethereum. Ethereum is truly decentralized like bitcoin.
there are many other decentralized project after bitcoin and eth but still eth is the second most popular and great coin ever invented in crypto history. and yes the whales always control the price of tha coin. but only if that they hold for long term and when ever they want they just sell and bring the price down. competitors means contro lof that whales and its good
I believe that neither Bitcoin nor Ethereum are truly decentralized currencies. In my opinion, decentralization is a complete departure from fiat and Internet!
https://decrypt.co/77216/ethereum-celebrates-sixth-anniversary-today-devs-race-replace-it
Ethereum Celebrates Sixth Anniversary—As Devs Race to Upgrade It
"Ethereum launched on July 30, 2015.
ETH is now the second-largest cryptocurrency by market cap.
And the network is utilized by many other protocols."
https://decrypt.co/77216/ethereum-celebrates-sixth-anniversary-today-devs-race-replace-it
A bit of history:
At the ICO, 2,000 Ethereums were given for 1 bitcoin.
Investors Received 60,000,000 Ethereum
Developers received 12,000,000 Ethereum
The rest is mined by miners
https://t.me/KartavKanaLL/8431
https://blockchair.com/ethereum/block/0
Ethereum Celebrates Sixth Anniversary—As Devs Race to Upgrade It
"Ethereum launched on July 30, 2015.
ETH is now the second-largest cryptocurrency by market cap.
And the network is utilized by many other protocols."
https://decrypt.co/77216/ethereum-celebrates-sixth-anniversary-today-devs-race-replace-it
A bit of history:
At the ICO, 2,000 Ethereums were given for 1 bitcoin.
Investors Received 60,000,000 Ethereum
Developers received 12,000,000 Ethereum
The rest is mined by miners
https://t.me/KartavKanaLL/8431
https://blockchair.com/ethereum/block/0
The number of validators in the Ethereum 2.0 network has exceeded 200,215 currently the betting platform contains 6,406,811 ethereum, or more than $15 billion in value.
The number of validators on ETH network is bigger than what Binance Smart Chain has. Binance Smart Chain is centralized by Binance but Ethereum network is more decentralized. Your screenshot and given stats on that page demonstrate that ETH network is actually decentralized.If I choose one between Ethereum and Binance Smart Chain, I would choose Ethereum. It has longer history and better decentralization. Transaction fee is not the only thing to consider and assess one project.
I wouldn't say that Ethereum is fully decentralized. Only partially perhaps. There is this developer team with an uknown premined stash, who decides what to do with the bloockchain. This is done without asking the users, including reversing transactions in case they don't like something. This is what happened in 2016, after the DAO accident. Since then the project has been compromised and nobody can state that it is truly decentralized. Now we see a switch from POW, which was the only decentralized element, to a POS, which is like the fiat money. So with time instead of going more decentralized, ethereum is going even less decentralized. It is like a fiat money blockchain, which allows ponzis to be made on top of it, like DAO, Icos, Defi, etc. So everyone investing in ethereum must know, that they are trusting their money to a team that makes all decisions on their own and may split and abandon the project anytime. One of the inventors has already left the project. And finally, nobody knows what is the supply and what it will be after the POS switch. So it is not about bitcoin maximalism as Vitalik is trying to defend his project. This is the truth - that the only fully decentralized blockchain is bitcoin. There is the Core's team of course, who is changing with time but they always ask the community for each change. The users and miners vote and then the change is implemented. And we are talking about small techical soft forks like segwit and tarpoot, which are expanding the decentralization.
Consensus has been reached.
https://blog.ethereum.org/2016/06/24/dao-wars-youre-voice-soft-fork-dilemma/
I understand that a lot of coins were created in the genesis block, but you can't talk about the project if you don't compare it with competitors.
Ethereum is the most decentralized protocol after Bitcoin.
All the same, I think that your opponent is right about something. Decentralization will come to naught. The platform will be operated by whales.
[moderator's note: edited out fake signature]
The number of validators in the Ethereum 2.0 network has exceeded 200,215 currently the betting platform contains 6,406,811 ethereum, or more than $15 billion in value.
The number of validators on ETH network is bigger than what Binance Smart Chain has. Binance Smart Chain is centralized by Binance but Ethereum network is more decentralized. Your screenshot and given stats on that page demonstrate that ETH network is actually decentralized.If I choose one between Ethereum and Binance Smart Chain, I would choose Ethereum. It has longer history and better decentralization. Transaction fee is not the only thing to consider and assess one project.
I wouldn't say that Ethereum is fully decentralized. Only partially perhaps. There is this developer team with an uknown premined stash, who decides what to do with the bloockchain. This is done without asking the users, including reversing transactions in case they don't like something. This is what happened in 2016, after the DAO accident. Since then the project has been compromised and nobody can state that it is truly decentralized. Now we see a switch from POW, which was the only decentralized element, to a POS, which is like the fiat money. So with time instead of going more decentralized, ethereum is going even less decentralized. It is like a fiat money blockchain, which allows ponzis to be made on top of it, like DAO, Icos, Defi, etc. So everyone investing in ethereum must know, that they are trusting their money to a team that makes all decisions on their own and may split and abandon the project anytime. One of the inventors has already left the project. And finally, nobody knows what is the supply and what it will be after the POS switch. So it is not about bitcoin maximalism as Vitalik is trying to defend his project. This is the truth - that the only fully decentralized blockchain is bitcoin. There is the Core's team of course, who is changing with time but they always ask the community for each change. The users and miners vote and then the change is implemented. And we are talking about small techical soft forks like segwit and tarpoot, which are expanding the decentralization.
Consensus has been reached.
https://blog.ethereum.org/2016/06/24/dao-wars-youre-voice-soft-fork-dilemma/
I understand that a lot of coins were created in the genesis block, but you can't talk about the project if you don't compare it with competitors.
Ethereum is the most decentralized protocol after Bitcoin.
Jump to: