I hope gas fee comes down when eth 2.0 is launched
It's been crazy almost touching 500 gas costs and I totally stopped the transaction, ETH is only for the rich inside not for people who have middle-income economies right now, can only watch him wait for gas costs to fall
Topic: [ANN] Ethereum: Welcome to the Beginning - page 71. (Read 2006044 times)
Researchers at ZenGo have properly disclosed a vulnerability discovered in the Diogenes protocol proof. The proof is designed to provide the raw entropy for a Verifiable Delay Function (VDF) for the Ethereum 2.0 random beacon chain.
https://www.coindesk.com/ethereum-2-dogbyte-attack-beacon-chain
https://www.coindesk.com/ethereum-2-dogbyte-attack-beacon-chain
https://twitter.com/lawmaster/status/1300677609618116608
" In the month of August, Ethereum miners generated $115.3 million in fees. Bitcoin miners generated only $39.2 million in the same time period - about three times less than Ethereum miners."
https://twitter.com/glassnode/status/1300687354601111552
"#Ethereum miners earned over $500,000 USD in transaction fees in the past hour.
That is a new record high for a single hour (anomalous transaction fees earlier this year excluded)."
@VitalikButerin
https://twitter.com/VitalikButerin/status/1300707752335962113
"To those replying with "gas fees are too high", my answer to that is "well then more people should be accepting payments directly through zksync/loopring/OMG". Seriously, scaling to 2500+ TPS for simple-payments applications is here, we just need to... use it."
" In the month of August, Ethereum miners generated $115.3 million in fees. Bitcoin miners generated only $39.2 million in the same time period - about three times less than Ethereum miners."
https://twitter.com/glassnode/status/1300687354601111552
"#Ethereum miners earned over $500,000 USD in transaction fees in the past hour.
That is a new record high for a single hour (anomalous transaction fees earlier this year excluded)."
@VitalikButerin
https://twitter.com/VitalikButerin/status/1300707752335962113
"To those replying with "gas fees are too high", my answer to that is "well then more people should be accepting payments directly through zksync/loopring/OMG". Seriously, scaling to 2500+ TPS for simple-payments applications is here, we just need to... use it."
I hope gas fee comes down when eth 2.0 is launched
It's been crazy almost touching 500 gas costs and I totally stopped the transaction, ETH is only for the rich inside not for people who have middle-income economies right now, can only watch him wait for gas costs to fallI was attempted make transactions some token just to test it and my every single transaction were unsuccessful. ETH is just so broken!
I hope gas fee comes down when eth 2.0 is launched
It's been crazy almost touching 500 gas costs and I totally stopped the transaction, ETH is only for the rich inside not for people who have middle-income economies right now, can only watch him wait for gas costs to fall
There is still plenty of time to tackle this issue and find a way forward but is there enough drive within the ETH development team to do it?
We all hope it will come down and will stay stable at low fees otherwise it will affect investor confidence.
now we can see that the cost of gas is getting higher and that will make dap exchange even lessI hope gas fee comes down when eth 2.0 is launched
https://twitter.com/VitalikButerin/status/1300707752335962113
Layer 2 scaling is already functional as Vitalik mentioned in his tweet about LRC and OMG both are doing great job. Now it is easy to broadcast a transaction using these platform at low gas fee as compare with normal ETH platform. It's just a beginning so many projects already working on Layer 2 scaling solution so this problem could be solved very soon.
Price only waits for such news and ETH 2.0 to rise. Base on price chart, I am waiting to temporarily take profit at $48x, then I will wait for a while to buy it back. Next station in my plan to take profit will be $51x. It is the period for loyal ETH-enthusiasts to enjoy their sweet fruits after too long of waiting, pressure during massacre and patience to wait for the days. Layer 2 scaling is already functional as Vitalik mentioned in his tweet about LRC and OMG both are doing great job. Now it is easy to broadcast a transaction using these platform at low gas fee as compare with normal ETH platform. It's just a beginning so many projects already working on Layer 2 scaling solution so this problem could be solved very soon.
We all hope it will come down and will stay stable at low fees otherwise it will affect investor confidence.
now we can see that the cost of gas is getting higher and that will make dap exchange even lessI hope gas fee comes down when eth 2.0 is launched
You can get a notification by mail when the gas price is at some lower level using this -> https://ethgas.watch/
But I don’t see any big movement backwards, the gas price is “mooning”
https://twitter.com/VitalikButerin/status/1300707752335962113
Layer 2 scaling is already functional as Vitalik mentioned in his tweet about LRC and OMG both are doing great job. Now it is easy to broadcast a transaction using these platform at low gas fee as compare with normal ETH platform. It's just a beginning so many projects already working on Layer 2 scaling solution so this problem could be solved very soon.
We all hope it will come down and will stay stable at low fees otherwise it will affect investor confidence.
now we can see that the cost of gas is getting higher and that will make dap exchange even lessI hope gas fee comes down when eth 2.0 is launched
You can get a notification by mail when the gas price is at some lower level using this -> https://ethgas.watch/
But I don’t see any big movement backwards, the gas price is “mooning”
We all hope it will come down and will stay stable at low fees otherwise it will affect investor confidence.
now we can see that the cost of gas is getting higher and that will make dap exchange even less I hope gas fee comes down when eth 2.0 is launched
We all hope it will come down and will stay stable at low fees otherwise it will affect investor confidence.
I hope gas fee comes down when eth 2.0 is launched
I hope gas fee comes down when eth 2.0 is launched
Need to clarify one thing regarding ETH 2.0 will 2.0 network be 100% PoS or it will be a hybrid model in which both PoW and PoS will both work together? Sorry but I don't have much technical knowledge.
Ethereum 2.0 must work on the POS algorithm.But phase 0 and phase 1 will be hybrid. In phase 1, the reward for miners should be reduced, and in phase 2, the network will refuse miner services and completely switch to the POS algorithm.
(This is very brief and in general terms, in practice there may be intermediate phases and other decisions, which will depend on the circumstances)
If you do not participate in betting on money in which year Ethereum 2.0 will be launched, then you should not worry too much.
The main thing is that the new network will be launched.
Ethereum is dead. Devs are leaving to other projects. It was a scam right from the start.
What is the the source of your assumptions? Which devs left the eth for other project? for example Lane Rettig left
Need to clarify one thing regarding ETH 2.0 will 2.0 network be 100% PoS or it will be a hybrid model in which both PoW and PoS will both work together? Sorry but I don't have much technical knowledge.
Ethereum 2.0 must work on the POS algorithm.But phase 0 and phase 1 will be hybrid. In phase 1, the reward for miners should be reduced, and in phase 2, the network will refuse miner services and completely switch to the POS algorithm.
(This is very brief and in general terms, in practice there may be intermediate phases and other decisions, which will depend on the circumstances)
Thank you very much for the information
is it possible that there will be a delay in returning etherum 2.0 because I heard the news from several sources because I experienced it several times
Many do believe that there will be a delay with the launch but, several days back Vitalik said that there shouldn't be any delay but, the way bugs are popping I am with team delay on this one.
Need to clarify one thing regarding ETH 2.0 will 2.0 network be 100% PoS or it will be a hybrid model in which both PoW and PoS will both work together? Sorry but I don't have much technical knowledge.
Ethereum 2.0 must work on the POS algorithm.But phase 0 and phase 1 will be hybrid. In phase 1, the reward for miners should be reduced, and in phase 2, the network will refuse miner services and completely switch to the POS algorithm.
(This is very brief and in general terms, in practice there may be intermediate phases and other decisions, which will depend on the circumstances)
Need to clarify one thing regarding ETH 2.0 will 2.0 network be 100% PoS or it will be a hybrid model in which both PoW and PoS will both work together? Sorry but I don't have much technical knowledge.
Ethereum 2.0 must work on the POS algorithm.But phase 0 and phase 1 will be hybrid. In phase 1, the reward for miners should be reduced, and in phase 2, the network will refuse miner services and completely switch to the POS algorithm.
(This is very brief and in general terms, in practice there may be intermediate phases and other decisions, which will depend on the circumstances)
Thank you for pointing it out. I have edited the post and you should also re-edit your post too.
As you have seen i have made the post and the link unclickable, so nobody can click on it. If you would have readed the posts in my thread i always doing it.
But anyway thanks for edit your Post, im fighting against them for weeks and longer. Would be great if you see some kind of links if you Post in my thread or report it directly, thanks.
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