Topic: [ANN] Ethereum: Welcome to the Beginning - page 68. (Read 2006108 times)
Can someone explain how the POW component of Ethereum will work once it transfers to a POS?
Average gas price 700, 800 gwei!
Why use the google URL instead of using the link directly?
https://cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos
changed. true https://cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos
What is the source of this information? I would like to know about this from where you get this inside information or maybe I missed to read this important update. If you will share the source than it will be appreciated otherwise don't share your own opinion what you think?
https://www.google.com/amp/s/cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos/amp according with the documentation of the casper upgrade the network will support an hybrid model pow pos
Why use the google URL instead of using the link directly?
https://cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos
https://cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos
What is the source of this information? I would like to know about this from where you get this inside information or maybe I missed to read this important update. If you will share the source than it will be appreciated otherwise don't share your own opinion what you think?
https://www.google.com/amp/s/cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos/amp according with the documentation of the casper upgrade the network will support an hybrid model pow posThe new fork will excludes the asics?
Talking about ETC or ETH ?
ETH going proof of stake means there won't be a need of huge computing power to process the Txs.
POS (proof of stake) is totally something else, there isn't any algo to mine through computing power (No GPU, no ASIC, nothing) anymore. You put your ETH "at risk" (and you get rewards) while validating Txs. By risk I mean that if you try to cheat, behave as a bad actor...While validating Txs, you'll lose your staked ETH as a punishment. You'll need 32 ETH bo be a "miner / validator".
What is the source of this information? I would like to know about this from where you get this inside information or maybe I missed to read this important update. If you will share the source than it will be appreciated otherwise don't share your own opinion what you think?
The new fork will excludes the asics?
Talking about ETC or ETH ?
ETH going proof of stake means there won't be a need of huge computing power to process the Txs.
POS (proof of stake) is totally something else, there isn't any algo to mine through computing power (No GPU, no ASIC, nothing) anymore. You put your ETH "at risk" (and you get rewards) while validating Txs. By risk I mean that if you try to cheat, behave as a bad actor...While validating Txs, you'll lose your staked ETH as a punishment. You'll need 32 ETH bo be a "miner / validator".
What is the source of this information? I would like to know about this from where you get this inside information or maybe I missed to read this important update. If you will share the source than it will be appreciated otherwise don't share your own opinion what you think?
The new fork will excludes the asics?
Talking about ETC or ETH ?
ETH going proof of stake means there won't be a need of huge computing power to process the Txs.
POS (proof of stake) is totally something else, there isn't any algo to mine through computing power (No GPU, no ASIC, nothing) anymore. You put your ETH "at risk" (and you get rewards) while validating Txs. By risk I mean that if you try to cheat, behave as a bad actor...While validating Txs, you'll lose your staked ETH as a punishment. You'll need 32 ETH bo be a "miner / validator".
Ethereum 2.0 transition is approaching, Serenity Phase 0 proposal submitted
https://www.theblockcrypto.com/linked/77888/ethereum-2-0-transition-serenity-phase-0-proposal-submitted
"The long-awaited transition to Ethereum 2.0 is finally approaching.
Danny Ryan, a core developer at the Ethereum Foundation, has today officially submitted a proposal, for moving the Ethereum blockchain to a proof-of-stake (PoS) consensus mechanism from the current proof-of-work (PoW) algorithm."
https://github.com/ethereum/EIPs/pull/2982
https://www.theblockcrypto.com/linked/77888/ethereum-2-0-transition-serenity-phase-0-proposal-submitted
"The long-awaited transition to Ethereum 2.0 is finally approaching.
Danny Ryan, a core developer at the Ethereum Foundation, has today officially submitted a proposal, for moving the Ethereum blockchain to a proof-of-stake (PoS) consensus mechanism from the current proof-of-work (PoW) algorithm."
https://github.com/ethereum/EIPs/pull/2982
The new fork will excludes the asics?
Talking about ETC or ETH ?
ETH going proof of stake means there won't be a need of huge computing power to process the Txs.
POS (proof of stake) is totally something else, there isn't any algo to mine through computing power (No GPU, no ASIC, nothing) anymore. You put your ETH "at risk" (and you get rewards) while validating Txs. By risk I mean that if you try to cheat, behave as a bad actor...While validating Txs, you'll lose your staked ETH as a punishment. You'll need 32 ETH bo be a "miner / validator".
Will you keep using ETH from time to time or will you move on to other crypto because of the tx fees?
I always kept some ETH in the wallet that I use most, about $2 to $5, precisely for the relatively low transaction fees, now I need to have at least $12 to avoid the risk of not being able to pay for a transaction 
The new fork will excludes the asics?
Talking about ETC or ETH ?
ETH going proof of stake means there won't be a need of huge computing power to process the Txs.
The new fork will excludes the asics?
Talking about ETC or ETH ?
ETH going proof of stake means there won't be a need of huge computing power to process the Txs.
The new fork will excludes the asics?
Eth is not meant to be a mode of payment. It is basically a smart contract platform currency.
High gas fee is not any hinderence in its growth
I completely agree, but which project now fits the payment criteria?High gas fee is not any hinderence in its growth
This maikelblogo piece of shit, has a malware link sig. Enticing miners to try to boost mining hashrate but the reality is, you get malware.
Many people complaining about the gas but why not look at the bigger picture? It is a temporary issue, relax people....
The fee on Ethereum network (average fee) is lower today. If you have intention to sell your Ethereum (I guess not because it is cheap now) or your ERC20 tokens with coming rallies, today is a good day for you to consider moving them.
Tx Calculator shows the average fee is 88 Gwei. 4 days ago, on 3 September 2020, it was 372 Gwei.
To make sure that the Gwei you use will satisfy your need on speed of transaction, you can check the % of transactions are accepted by network in last 200 blocks at Tx Pool Report. To get cheap and acceptable transaction waiting time, you need to plan your movements.
Tx Calculator shows the average fee is 88 Gwei. 4 days ago, on 3 September 2020, it was 372 Gwei.
To make sure that the Gwei you use will satisfy your need on speed of transaction, you can check the % of transactions are accepted by network in last 200 blocks at Tx Pool Report. To get cheap and acceptable transaction waiting time, you need to plan your movements.
After almost a week I was finally able to move my tokens from wallet to exchange. But, BTC and ETH price crash ruined the price I was getting for those tokens lol.
The fee on Ethereum network (average fee) is lower today. If you have intention to sell your Ethereum (I guess not because it is cheap now) or your ERC20 tokens with coming rallies, today is a good day for you to consider moving them.
Tx Calculator shows the average fee is 88 Gwei. 4 days ago, on 3 September 2020, it was 372 Gwei.
To make sure that the Gwei you use will satisfy your need on speed of transaction, you can check the % of transactions are accepted by network in last 200 blocks at Tx Pool Report. To get cheap and acceptable transaction waiting time, you need to plan your movements.
Tx Calculator shows the average fee is 88 Gwei. 4 days ago, on 3 September 2020, it was 372 Gwei.
To make sure that the Gwei you use will satisfy your need on speed of transaction, you can check the % of transactions are accepted by network in last 200 blocks at Tx Pool Report. To get cheap and acceptable transaction waiting time, you need to plan your movements.
I always kept some ETH in the wallet that I use most, about $2 to $5, precisely for the relatively low transaction fees, now I need to have at least $12 to avoid the risk of not being able to pay for a transaction
I cannot help myself but laugh whenever Piston posts his words of wisdom no matter how much I agree or disagree with them 
with ETH it's a hell of a lot more downs tho LOLOL /emo
Think of it as being with any business, there are ups and downs. Right now things are a bit hectic but it is a short term issue.
fees are going crazy these days because of stake-yield update 
with ETH it's a hell of a lot more downs tho LOLOL /emo
I like it, keep going !
Think of it as being with any business, there are ups and downs. Right now things are a bit hectic but it is a short term issue.
fees are going crazy these days because of stake-yield update
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