Discussion about ETH - page 3. | Bitcointalksearch.org

fmz89

legendary

Activity: 1764

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Quote from: Georgex on August 05, 2023, 03:12:16 AM

Sometimes I think..
If now we have a fast network with ecology as prosperous as ETH and low tax
Why we need L2 network and ETH..It seems like a deficient network repairing itself constantly.
And POS is without justice that the strong will always be stronger.Blockchain need justice and every one is equal.

I want to see you mates' opinion.And if possibile,please recommend me the best cryptocurrency undervalued now thx. Kiss

technically eth can do zero fees and the team decided to burned the fees instead to decrased cirulation makes equilibrium with printing coin from staking it self,
and L2 coming to extend the network, if eth doing zero fees and sharding with 100k tps achieved, then there is no point for layer 2.
this decision makes community growth with layer 2 option so everyone happy

Tipstar

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Buzz App - Spin wheel, farm rewards

Quote from: Georgex on August 05, 2023, 03:12:16 AM

Sometimes I think..
If now we have a fast network with ecology as prosperous as ETH and low tax
Why we need L2 network and ETH..It seems like a deficient network repairing itself constantly.
And POS is without justice that the strong will always be stronger.Blockchain need justice and every one is equal.

I want to see you mates' opinion.And if possibile,please recommend me the best cryptocurrency undervalued now thx. Kiss

I too am not optimistic about the future of Ethereum as a utility token. They have been trying to fix problems for years yet the chain is still unusable with large fees and congested networks. Newer alternatives provided better performance and efficiency in low price. And with interoperability and use of similar languages to code, there's no lack of experience. We'd see ETH lag behind on coming bull.

TravelMug

hero member

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Quote from: Georgex on August 05, 2023, 03:12:16 AM

Sometimes I think..
If now we have a fast network with ecology as prosperous as ETH and low tax
Why we need L2 network and ETH..It seems like a deficient network repairing itself constantly.
And POS is without justice that the strong will always be stronger.Blockchain need justice and every one is equal.

I want to see you mates' opinion.And if possibile,please recommend me the best cryptocurrency undervalued now thx. Kiss

It's the believed of Vitalik that Ethereum will be more secure if they go POS. That was his statement 4 years ago, before this whole mess with the exorbitant gas fees. But looking back right now, it just make Ethereum worst and more centralized, so there is a trade off the Vitalik is referring to, security vs centralization.

So you will be the judge whether he achieved something or not.

As for the undervalued crypto, it's a guessing game right now. We could recommend something but it might not be big in the future.
The best approach is to really do your own research.

jossiel

hero member

Activity: 2842

Merit: 625

It's because every project sees themselves as way better than the existing one. That's why even if there's already a project that shows all categories to be solving scalable issues, they won't honor that and they will take over until the problem will start to exist on them.

Quote from: Apocollapse on August 05, 2023, 05:01:56 AM

The best undervalued crypto right now is Bitcoin.

They will not look at it if they've been closed minded with the altcoins L1/L2 or any layer that they're thinking is at good condition at this moment.

But if they will realize it, this gets never over as there will be one to make up to cover the existing ones proclaiming they're better than the rest.

Dave1

hero member

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Quote from: Apocollapse on August 05, 2023, 05:01:56 AM

Low tax? tax is depend on where you live and your nationally, I think what you meant is low gas fee.

Perhaps this is what the OP meant, because we all know that ETH is used to be one of the fastest crypto before, unfortunately, if my memory serves me right, the start of the crypto kitties really put a lot of stress in the network of ETH and the fees started to go up.

Quote from: Apocollapse on August 05, 2023, 05:01:56 AM

The discussion about ETH 2.0 has been existed since long time ago and it looks like Vitalik Buterin not really care since there's no altcoin overtake ETH's position yet. Proof Of Stake is centralized and it never been a good protocol due to centralized.

True, it's been years of discussion, even prior to the pandemic, we have heard about ETH 2.0 and it's numerous delays and roadmap. But still the high ETH gas fees was not resolved. And on the other hand, it become more centralized that ever.

Quote from: Apocollapse on August 05, 2023, 05:01:56 AM

The best undervalued crypto right now is Bitcoin.

It is because we are still in the bear market. But once the market goes on a bull run, $100k or more is on the horizon for all of us.

Apocollapse

hero member

Activity: 1078

Merit: 774

Low tax? tax is depend on where you live and your nationally, I think what you meant is low gas fee.

The discussion about ETH 2.0 has been existed since long time ago and it looks like Vitalik Buterin not really care since there's no altcoin overtake ETH's position yet. Proof Of Stake is centralized and it never been a good protocol due to centralized.

The best undervalued crypto right now is Bitcoin.

Georgex

newbie

Activity: 3

Merit: 0

Sometimes I think..
If now we have a fast network with ecology as prosperous as ETH and low tax
Why we need L2 network and ETH..It seems like a deficient network repairing itself constantly.
And POS is without justice that the strong will always be stronger.Blockchain need justice and every one is equal.

I want to see you mates' opinion.And if possibile,please recommend me the best cryptocurrency undervalued now thx. Kiss

Topic: Discussion about ETH - page 3. (Read 383 times)