Eth 2.0 Impact on Eth - page 4. | Bitcointalksearch.org

livingfree

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Quote from: LibertyShire on May 11, 2021, 08:00:48 AM

I got it, the misconfusion was due to the separation between eth and eth classic, i though they might do the same with eth 2.0

You probably have thought that there will be a consensus that shall stay on the 1.0 and the rest will move on continuously on the 2.0.

But that's not it.

There's a major upgrade to Ethereum and its consensus algorithm for which will make it one of the biggest update that we'll ever have coming from one top altcoin.

makishart

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Quote from: LibertyShire on May 11, 2021, 08:00:48 AM

I got it, the misconfusion was due to the separation between eth and eth classic, i though they might do the same with eth 2.0

There will be no fork coin like ETC. Ethereum 1.0 will be migrating into the ethereum 2.0 (POS) system. That means if this update will bring the transition from the ethereum POW with uncapped supply to the ethereum POS with capped supply.
There's a rumour about ethereum genesis but it's not yet happening till this time. So many parties didn't like if there would be another fork coin again other than ETC

rodskee

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Quote from: LibertyShire on May 10, 2021, 11:37:36 PM

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

What? 1.0 and 2.0 ? Grin

lol just like what mentioned above this will not split the Ethereum but instead will help the development and progress of Ethereum network and platform.

actually the Pumping value now is the effect of 2.0 version because people starts to realize and analyze the good help of the launch last year.

LibertyShire

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I got it, the misconfusion was due to the separation between eth and eth classic, i though they might do the same with eth 2.0

masterrex

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Quote from: LibertyShire on May 10, 2021, 11:37:36 PM

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

Are you confuse about Eth 2.0 upgrade or it was just a typo? IMHO, I believe that nothing has changed except the price has increased too much but it also became a burden for ordinary users like me, because of the monstrous transaction fee. that's why until this problem is not yet fixed the Ethereum 2.0 development will remain incomplete and I hope that the EIP-1559, proposal was implemented to fix this gas problem a soon as possible.

Fivestar4everMVP

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Quote from: LibertyShire on May 10, 2021, 11:37:36 PM

Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

Just like the first poster already said, you misunderstood the whole thing, eth 2.0 isn't a new eth coin, there will never be two different eth coins in the market except some scammers or some hungry developers make a clone, the much awaited eth 2.0 is just a major upgrade that will be applied to the current Ethereum network to help scale it further so as to help bring down the high cost of transaction fees which have been a major problem if the blockchain is last year, it will also be moving Ethereum from being a pow coin to POS, this means that Ethereum can no longer be mined but staked.
So for me, I think the release of eth 2.0 should rather cause eth to highly increase in value rather than come crashing, the release of eth 2.0 will be the best news for Ethereum supporters and users.

ashmodeus

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u just missunderstood it, we still and always have 1 ether, it doesn't mean eth 2.0 the ether will split or have a new clone of ether. its just major upgrade for ethereum network , from PoW to PoS , why should they change the system ? , well just try to learn it here.

LibertyShire

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Since the launch of Eth 2.0 seems to be earlier, will this news drive the price of Eth 1.0 down ?

Topic: Eth 2.0 Impact on Eth - page 4. (Read 554 times)