Topic: Ethereum 2.0 is coming soon - page 5. (Read 1329 times)
The new version of ethereum is now most welcome. Maybe this will push in the price not only this coin, but the entire cryptocurrency market for the rise. The market, it seems, now needs only some kind of jolt to start growing up. Let's hope that this will be so.
Turbid became Vitalik, then he leaves the project, then creates a new coin based on the ether, now he decided to do the update. Many active actions that are not yet confirmed by real actions. We hope of course for the best.
For the loyal fans of Ethereum, this is the biggest good news, but Ethereum may become a stable currency. In essence, the reduction in ICO threatens the value of Ethereum. However, based on the fact that Ethereum has produced a large number of stable coins, Ethereum will be more stable.
I am very happy to hear that they are working on this. I was sick and tired of ethereum miners preventing difficulty increases, which definitely decreased the price.
if it's faster, it's very good, but I heard that Vitalik resigned from Ethereum, but now Vitalik announces the new type of Ethereum in Prague this week. somehow I don't understand Vitalik's thinking
When it comes surely its price could jump up to many folds. This is what I have been waiting for a long time. And if this is true, I would like to accumulate more of these, because its price could jump hard high. I hope that its price is affordable.
Heh. I have completely different thoughts in my head. On the one hand, a new wave of hype can begin, and behind it come new hamsters. On the other hand, I am afraid that large investors have already left the market. I wonder what will happen.
Definitely there will be a great impact in ETH 2.0 if it is going to launch there will be a good expectation in public and the demand will be higher as people will give priority to a new made version. So lot of things going in market let's wait and see the game.
hopefully, when a new version of ethereum comes, it will push up the price. i am really looking forward to the new version and i hope it will not be that long until it is released. i am still convinced of ethereum and believe that these update brings it again forward.
I am excited for this to happen but one question comes to my mind when I read this. What will happen to Ethereum if Ethereum 2.0 launched?. I don't Ethereum 1.0 will die because there are thousands of coins dependent on its platform. In fact, I believe the the alternate crypto currency world will stumble if ETH disappears. It's like the heart of crypto.
Ethereum 2.0 is coming soon, and it could increase by a thousand fold the Ethereum network’s capacity to process transactions.
Vitalik Buterin, the cofounder of Ethereum who represents the world’s second-largest blockchain, has shared in Prague this week, the new upgrade formerly known as Ethereum 2.0, called Serenity, and has promised to make the network faster, more secure, less energy-intensive, and capable of handling thousands of transactions per second.
At the annual Ethereum developer conference in Devcon, Buterin reported the twisting path that efforts to upgrade the network have taken. Buterin and his coworkers were forced to recalibrate their timeline for development, as they got delayed with distractions like the infamous DAO hack, which led to a network split that Buterin compared in his talk to the Hindenburg disaster. They also found themselves pursuing overly complicated dead ends such as “super-quadratic sharding.”
According to Buterin Serenity will see Ethereum finally switch from proof-of-work to proof-of-stake, a model in which people and organizations holding ether will “stake” their own coins in order to maintain the network, and will earn block rewards for doing so. In 2018, Ethereum’s core developers decided to abandon the half-measures of the hybrid model they had been working on and instead set out on a path that would initially take longer, but would deliver “a proof-of-stake and sharded blockchain with the properties that we’re looking for,” said Buterin.
Serenity won’t be the final product of Ethereum developers. Issues of transaction fees and governance will remain, said Buterin. Along with other technical improvements, he and other core developers have already begun mapping out future tweaks to the proof-of-stake model.
Vitalik Buterin, the cofounder of Ethereum who represents the world’s second-largest blockchain, has shared in Prague this week, the new upgrade formerly known as Ethereum 2.0, called Serenity, and has promised to make the network faster, more secure, less energy-intensive, and capable of handling thousands of transactions per second.
At the annual Ethereum developer conference in Devcon, Buterin reported the twisting path that efforts to upgrade the network have taken. Buterin and his coworkers were forced to recalibrate their timeline for development, as they got delayed with distractions like the infamous DAO hack, which led to a network split that Buterin compared in his talk to the Hindenburg disaster. They also found themselves pursuing overly complicated dead ends such as “super-quadratic sharding.”
According to Buterin Serenity will see Ethereum finally switch from proof-of-work to proof-of-stake, a model in which people and organizations holding ether will “stake” their own coins in order to maintain the network, and will earn block rewards for doing so. In 2018, Ethereum’s core developers decided to abandon the half-measures of the hybrid model they had been working on and instead set out on a path that would initially take longer, but would deliver “a proof-of-stake and sharded blockchain with the properties that we’re looking for,” said Buterin.
Serenity won’t be the final product of Ethereum developers. Issues of transaction fees and governance will remain, said Buterin. Along with other technical improvements, he and other core developers have already begun mapping out future tweaks to the proof-of-stake model.
It is good to know ethereum still keep developing its blockchain network because nowadays eth price is on its very bottom. In this red market, i think ethereum will be hard to recover unless they developed to a better coin.
And i am sure the developer of eth will work hard to make it in the future.
Heh. I have completely different thoughts in my head. On the one hand, a new wave of hype can begin, and behind it come new hamsters. On the other hand, I am afraid that large investors have already left the market. I wonder what will happen.
Either way it can't be a bad thing, if large investors have left the market this could be a good way of getting them to return to the market, ETH is proven but not yet efficient enough for what a lot of large companies need, if they can change that then suddenly it looks a much more appealing investment.
Heh. I have completely different thoughts in my head. On the one hand, a new wave of hype can begin, and behind it come new hamsters. On the other hand, I am afraid that large investors have already left the market. I wonder what will happen.
Ethereum 2.0 will be a great step forward if it comes to fruition soon and its needed from an ETH point of view, there are many new coins that are looking to usurp ETH with faster, cheaper, more secure blockchains, but as of yet none of them are established, ETH 2.0 could make all of them irrelevant.
Was happy to read about that on the news recently it's indeed a great development
I, after all the negative information that sounded so far in the media about ethereum, was very pleased to hear the opinion and predictions of Vitalik Buterin regarding the ethereum of his future.
Was happy to read about that on the news recently it's indeed a great development
How many ETHs does investor need to get a block reward?
What kind of rewards do they propose?
What kind of rewards do they propose?
I look forward to having the integration done and the practical effect on the Ethereum blockchain. Eth has done terrible this year so far. If this upgrade pulls through then hopefully we should experience a spike.
If Vitalik's focus is now on the ETH 2.0, I am just curious in the sense that, what will happen to the current status of ETH 1.0? How about the investors of ETH, the price is so much decreased in this months, still no sign of recovery. But if this will actually happen, as Buterin's said, "Destroying jobs, Creating a better ones" = totally means the improvement of ETH for the investors and its users.
I think people need to forget Ethereum hitting $1000 again because I don't see how a POS project would be so highly valuable, we all have a quantitative data to price value Bitcoin, what then would be used to value Ethereum and remember the good thing in this space is that one can easily fork a chain and dilute the value on it. Looking to see how this pans out
I have heard about this, but Vitalik didnt say when this update will come.
Ethereum 2.0 - Serenity update will solve the problem with scallability and maybe also Proof of Stake will be implemented in this update.
Ethereum 2.0 - Serenity update will solve the problem with scallability and maybe also Proof of Stake will be implemented in this update.
Ethereum 2.0 Will he be able to vertu ETH in the game? Today, ETH $ 199 and many think that there will be a collapse by the new year. Perhaps Ethereum 2.0 is a hoax to keep cryptocurrency afloat?
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