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Topic: Ethereum Devs can't seem to come to common ground about the upcoming Hardfork (Read 319 times)

sr. member
Activity: 826
Merit: 258
About the Ethereum swap, I hope it will be able to make the price of Ethereup to rise. that way it will makes most of the people get what they always wanted in this cryptoccurrecy.
hero member
Activity: 1106
Merit: 502
Ethereum devs debate about its upcoming Hardfork: https://cryptocoin.news/news/ethereum-devs-debate-hardfork-eth-price-hangs-in-the-balance-19634/

How do you think this will affect ETH ?
All of these EIPs have discussed to reduce the reward block, that has been stated in the whitepaper when the metropolis update and the blockreward has been reduced a lot from 6 to the 3 and that gives a huge impact to the price and ethereum will be so hard to be mined and that makes asic miners will loss its domination.
Strongly agree with you, O sir.
If EThereum hardfork it will be difficult to get a new block from the Ethereum mine.
So later the miners will also find it difficult to get Etehreum, while Ethereum is unlimited in total supply.
member
Activity: 350
Merit: 10
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Ethereum devs debate about its upcoming Hardfork: https://cryptocoin.news/news/ethereum-devs-debate-hardfork-eth-price-hangs-in-the-balance-19634/

How do you think this will affect ETH ?

They need to start to make up their minds on what they want to do, there is way too much going on with this project right now and we should not have to deal with devs being on opposite sides when it comes to how they plan to go about the hardfork of a coin. My opinion is that they should focus on the coin that is having such a hard time staying afloat in the market right now instead of focusing on a new coin entirely
jr. member
Activity: 140
Merit: 1
They just announced what they were planning on doing, basically going from 3-4 blocks and increasing difficulty in 12 months... Read more here: https://cryptocoin.news/cryptocurrency/ethereum-devs-reach-hardfork-decision-eth-price-reacts-immediately-19984/

That could affect the market, perhaps positively, not sure... Let's hope so! I have some ETH too....

Not increasing difficulty in 12 months, but forced and guaranteed increase to such a high amount. This is the timebomb feature to force ETH to hardfork within 12 months, or else nothing can ever be mined with the difficulty.

People say this will mean a more robust ETH but I don't know because for me hardforks are always unstable times for a network. Miners will be leaving ETH I guess which means slower growth and slow security growth. But investors will love it.

Thanks for the explanation, hope it helps because it seems ethereum is going to hell as it is right now lol
legendary
Activity: 2674
Merit: 1226
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They just announced what they were planning on doing, basically going from 3-4 blocks and increasing difficulty in 12 months... Read more here: https://cryptocoin.news/cryptocurrency/ethereum-devs-reach-hardfork-decision-eth-price-reacts-immediately-19984/

That could affect the market, perhaps positively, not sure... Let's hope so! I have some ETH too....

Not increasing difficulty in 12 months, but forced and guaranteed increase to such a high amount. This is the timebomb feature to force ETH to hardfork within 12 months, or else nothing can ever be mined with the difficulty.

People say this will mean a more robust ETH but I don't know because for me hardforks are always unstable times for a network. Miners will be leaving ETH I guess which means slower growth and slow security growth. But investors will love it.
jr. member
Activity: 140
Merit: 1
They just announced what they were planning on doing, basically going from 3-4 blocks and increasing difficulty in 12 months... Read more here: https://cryptocoin.news/cryptocurrency/ethereum-devs-reach-hardfork-decision-eth-price-reacts-immediately-19984/

That could affect the market, perhaps positively, not sure... Let's hope so! I have some ETH too....
newbie
Activity: 40
Merit: 0
here All of these EIPs have discussed to reduce the reward block, thats why ethereum will be so hard to be mined. which makes asic miners will lose its domination. i want to know more details about this.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
I am really confused about ETH and what will happen to it. What I worry now is every time they hardfork I have to be careful about spending, so probably need to now keep track of the timings and take note of when we can't spend.

I suppose keeping everything in MEW is good enough for now and ultimately I'm a holder so reducing to 2 ETH for me is a good idea. I always knew the risks of buying a centralized coin and even though even now people realize the dapp universe is not going to happen, I think it's still early and things can still happen for Vitalik's creation.
newbie
Activity: 228
Merit: 0
That will not make a huge impact on Ethereum. But a little bit on its price I think. And beside this it will be so hard for mining and that makes asic miners might loss its domination.
newbie
Activity: 242
Merit: 0
It has a huge effect on price and it will be hard for digging Ethereum and it will make mining damage I think. And will have impact on domination. Hope for better for the Ethereum and its progress.
member
Activity: 146
Merit: 10
I'm late to this news but a hard fork right now seems very risky.  Ethereum looks like it's teetering on the edge as it is.  I hope they call it off and not take a risk like this.  Market may get a bit wild coming up in the next few weeks with this and the ETF. 
jr. member
Activity: 359
Merit: 1
when hard fork wil happen? i am hodl some ethereum and hope this hardfork can push ethereum price to 700$ and more
newbie
Activity: 350
Merit: 0
What will happen after the hard fork what impact of price wii be on ETH is the most important question connected to ethereum now. Many miners, investors are worried now. But I don't think there is a need of worry. If we study the previous hard forks in the beginning of the year 2017 suddenly the price jumped from 4.06 to 15.03 USD. And in the last of the year from 292 to 349. So I think we going to hear a good news again.
newbie
Activity: 196
Merit: 0
After going through the article we can say that the developers are thinking about possible many solution or best measures to successfully pass the time of hard fork . The developers thought to reduce the block rewards, bomb delay & reducing uncle & nephew rewards these could have great effect on the market. So let us see.
jr. member
Activity: 182
Merit: 2
Any serious fork for ETH right now at this current prices will have quite a negative impact on the coin and it might probably not recover from it. I would have rather it doesn't happen
newbie
Activity: 228
Merit: 0
All these EIPs have discussed the block to reduce rewards, which is mentioned in the whitepaper. When it has a huge effect on price and it is hard to dig Ethereum and it makes mining damage to its dominance I think.
newbie
Activity: 24
Merit: 0
In my opinion, Ethereum is the most stable cryptocurrency than others. The price was not that many ups and downs like other cryptocurrencies. So, less impact will be on the Ethereum.
full member
Activity: 406
Merit: 109
I am following this since long time, all will come in place and picture once the casper comes into picture and also if they can finally decide from moving from POW to POS.
I am super bullish on Ethereum no matter what the outcome is over there discussion.
newbie
Activity: 24
Merit: 0
There is a price instability of the crypto coins going on from the last few years. So, the investors couldn’t make a profit. But Ethereum was different in this aspect. The price was more stable than others. So, I think Ethereum will not be that much affected.
sr. member
Activity: 700
Merit: 250
It’s a very confusing state for ETH miners and investors  as also for the Ethereum developers too. The ethereum have to overcome the upcoming hard fork. It will affect the price of  ethereum that’s for sure and the hard thing to imagine that the price could go downwards.
yes, I agree with you that the hardfork may likely affect the price of ethereum and if should come in now that the price is still low, it will definitely take time before ethereum will rise again.
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