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Topic: Ethereum 2.0 (Read 232 times)

jr. member
Activity: 602
Merit: 2
November 02, 2018, 11:43:05 AM
#23
Two days ago Vitalik Buterin announced that Ethereum 2.0 is "Really Not So Far Away".
The major change will be the transfer to proof of stake concensus algorithm (aka Project Casper). For those who don't know, proof of stake is ownership-based and will not require "mining" as we know it.

What are your thought about this?

Great news, apparently I missed it. Perhaps the new ETH will go to the top. Well, it is necessary for the market now. Thank you, I will study this news. But however it can only be rumors.
member
Activity: 1022
Merit: 20
RiveMont
November 02, 2018, 11:40:04 AM
#22
I have also read that eth new upgrade will be huge as it will not only result in change of algorithm but also it will improve the scalability issue by 1000x which is huge, im sure we can expect 10x raise in value after this upgrade im really excited about it.
full member
Activity: 602
Merit: 107
November 02, 2018, 11:25:29 AM
#21
An update is really necessary. Ethereum transactions are way to slow to build any useful app on it.
jr. member
Activity: 336
Merit: 2
November 02, 2018, 11:15:30 AM
#20
Two days ago Vitalik Buterin announced that Ethereum 2.0 is "Really Not So Far Away".
The major change will be the transfer to proof of stake concensus algorithm (aka Project Casper). For those who don't know, proof of stake is ownership-based and will not require "mining" as we know it.

What are your thought about this?
Let's see what will be the situation after the release of the update Ethereum 2.0 but I think the ether is going to succeed.
sr. member
Activity: 1414
Merit: 259
Undeads.com - P2E Runner Game
November 02, 2018, 11:11:03 AM
#19
in my opinion it's the same as increasing supply with other versions and the impact will definitely be bad on the old version especially with prices falling, this will make the old version of ethereum owners suffer a lot of losses because people will move to new ones and will make the old one neglected
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
November 02, 2018, 11:06:15 AM
#18
Two days ago Vitalik Buterin announced that Ethereum 2.0 is "Really Not So Far Away".
The major change will be the transfer to proof of stake concensus algorithm (aka Project Casper). For those who don't know, proof of stake is ownership-based and will not require "mining" as we know it.

What are your thought about this?
This will become a big thing in the future consider vitalik has said that the developer will think to make the minimum requirement can be filled even by a small holders. This means if everyone able to participate in the staking. I guess that will bring a lot of benefit to the ethereum in the future and i just waiting for that.
sr. member
Activity: 938
Merit: 266
November 02, 2018, 11:04:04 AM
#17
Two days ago Vitalik Buterin announced that Ethereum 2.0 is "Really Not So Far Away".
The major change will be the transfer to proof of stake concensus algorithm (aka Project Casper). For those who don't know, proof of stake is ownership-based and will not require "mining" as we know it.

What are your thought about this?

wow! if this is going to be launched, there would be alot of people who will buy eth and hold.  the only downside is that those who are mining eth will have to find other coins to mine.  do you have more information about coin roi?
jr. member
Activity: 364
Merit: 2
November 02, 2018, 10:42:38 AM
#16
It is an uplifting news . Choice in updating ETH will most likely promotion individuals and mabe this could be the reason for another bullrun .  good luck .
jr. member
Activity: 238
Merit: 1
GIGZI - INDEPENDENT WEALTH MANAGEMENT
November 02, 2018, 09:35:40 AM
#15
I'd like to believe that Accelerator knows what he is doing, because Ethereum has fallen very badly, it can even revive the coin and give growth!
sr. member
Activity: 952
Merit: 284
In love with Bitcoin!! 💓💕
November 02, 2018, 09:33:18 AM
#14
Ethereum 2.0 will be basically the start of a faster ETH network. All these coins which are basically bad clones of ETH but faster will stop erupting. Speed is the major disadvantage of ETH and that will be solved with this update. Also the switch to POS will mark an end to ETH based ASIC mining. So yes, lots of hope from ETH with this update. But I think it will start being implemented from January 2019.
legendary
Activity: 2492
Merit: 1018
November 02, 2018, 09:12:04 AM
#13

I can't say if this is already a good news but there must be something of a new development besides that casper or the POS we look forward to. But if they have figured to make fees lesser than how much it will be by the time ETH price goes up, then I think the chances of ETH being used by more developers are good even with the existence of other platforms like EOS.
sr. member
Activity: 980
Merit: 252
November 02, 2018, 09:06:53 AM
#12
This is definitely a very good news. In any case, many will not want to sell ethereum at the first opportunity but accumulate in order to receive dividends. It is a very competent move and I am sure that after an increase in the speed of transactions and a large-scale update, ethereum will cost much more.
full member
Activity: 588
Merit: 107
November 02, 2018, 08:55:15 AM
#11
Two days ago Vitalik Buterin announced that Ethereum 2.0 is "Really Not So Far Away".
The major change will be the transfer to proof of stake concensus algorithm (aka Project Casper). For those who don't know, proof of stake is ownership-based and will not require "mining" as we know it.

What are your thought about this?

Last I heard was this will be next year - 2019. Anyway, lets see where this leads.
As it is right now, Ethereum has the most number of wallet users even compared to btc. I can't recall where or which article it was.
jr. member
Activity: 420
Merit: 6
November 02, 2018, 08:53:30 AM
#10
Well, this is good and bad from my point of view. Coins that are mined by the Pow algorithm cost much more than those mined by Pos. B pos there is a big problem in that a large whale can control the blockchain network and influence the course. Many ico projects come up with different concensus algorithm to attract investors. And such a step gives at least some technological development of the community.
sr. member
Activity: 1162
Merit: 450
November 02, 2018, 08:47:18 AM
#9
Due to the upcoming upgrade of Ethereum, I was forced to buy ETH and luckily I am able to buy below $200. It looks like I am catching up in the boat.

Well, Vitalik's decision in upgrading ETH will surely hype people and maybe this could be the cause of another bullrun.
sr. member
Activity: 692
Merit: 254
terra-credit.com
November 02, 2018, 08:46:32 AM
#8
Two days ago Vitalik Buterin announced that Ethereum 2.0 is "Really Not So Far Away".
The major change will be the transfer to proof of stake concensus algorithm (aka Project Casper). For those who don't know, proof of stake is ownership-based and will not require "mining" as we know it.

What are your thought about this?
ETH needs some changes, and if what Vitalik says is true then we will soon see ETH come back, ETH last time was dumped by the ICO and now they will cause ETH price come up again
member
Activity: 269
Merit: 11
November 02, 2018, 08:44:38 AM
#7
Actually this new is good, but I'm not sure in VItalik Buterin, if He can truly realize that it will be great for all of us, and ethereum become more popular than now, but now it's just a words.
member
Activity: 248
Merit: 10
November 02, 2018, 08:39:28 AM
#6
Two days ago Vitalik Buterin announced that Ethereum 2.0 is "Really Not So Far Away".
The major change will be the transfer to proof of stake concensus algorithm (aka Project Casper). For those who don't know, proof of stake is ownership-based and will not require "mining" as we know it.

What are your thought about this?

I think this is a welcome development to the entire cryptocurrency community in general and the Ethereum investors in particular, the emergence of Proof of Stake(Project Casper) consensus mechanism will boost the dwindling Ethereum price. Thanks for the information.
member
Activity: 633
Merit: 11
November 02, 2018, 08:37:04 AM
#5
Two days ago Vitalik Buterin announced that Ethereum 2.0 is "Really Not So Far Away".
The major change will be the transfer to proof of stake concensus algorithm (aka Project Casper). For those who don't know, proof of stake is ownership-based and will not require "mining" as we know it.

What are your thought about this?
If he release that, that was very exciting. Many people will looking again on the ETH and maybe can defeat the #1 crypto in the world. I am not predicting okay? I only base on the situation if this will happen soon.
sr. member
Activity: 273
Merit: 250
November 02, 2018, 08:36:46 AM
#4
I hope proof of stake works out, but I'm not sure it's ready for prime time. Good luck Vitalik.
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