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Topic: ETH will have forking soon, PoS and you know where the price shall go :) - page 3. (Read 3043 times)

full member
Activity: 258
Merit: 100
I dont think FUD will grow
but I expect someone (or many big/trader) would try to sort it,... if we just HODL or pump it then it will be quite interesting.

I dont think there will be FUD,
if I hold (big) miner or node or wallet then I would switch to fork-one,... it is better then current version and it will be ready for industry and mass-adoption,
I dont choose to take FUD excessively.

I mean the point:
- new ETH would be better;
- ready for mass-adoption;
- ETH Devs should tried it and it should be ready for it;
We just have to expect the price to go upward (sooner or later,.... or a bit by a bit or jumping).

sr. member
Activity: 1274
Merit: 263
it's the second fork right if i remember it correctly,
and indeed that topic transition from Proof of Work (POW) to Proof of Stake (POS) really like a raging fire but not yet to be implemented after a years,
will it be like the last time ?
another FUD will coming from nowhere and Price started to decline again,
and after Hard Fork ETH price will slowly recovering and moving upward ?
This statement :
Quote
The bomb is designed to be an intermediate step in the transition from proof-of-work (PoW) to proof-of-stake (PoS) on the network. This has often been referred to as the ‘Ethereum Ice Age.’

when will it be actually ?
in my opinion,it will be huge if they're implemented it and i believe we will see a significant change in ETH price
full member
Activity: 258
Merit: 100
ETH Team is just stated that the forking would be at the latest late Sepetember,.... couple days from now and PoS ll be started.
You know where the price will go right?
 Grin

First, increasing anonymity will come with new ‘zk-SNARKs,’ or Zero-knowledge proofs. Users will be able to perform anonymous transactions at higher levels than in the past.

Second, programming and smart contracts will be made far easier with the new upgrade, relieving some of the pressure on current programmers. Gas will also be adjusted for bill settling.

Third, masking for security enthusiasts will allow users to determine the address for which they have a private key. This will increase security on the network, even against quantum computer hacking.

Finally, the upgrade includes a ‘Difficulty-Bomb’ intended to make mining exponentially more difficult.

The bomb is designed to be an intermediate step in the transition from proof-of-work (PoW) to proof-of-stake (PoS) on the network. This has often been referred to as the ‘Ethereum Ice Age.’ 


https://cointelegraph.com/news/ethereum-announces-metropolis-hard-fork-coming-late-september
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