Topic: Ethereum is dead (Read 1544 times)
Mining might be dead in near future, but definitely not the coin. Also, will be funny to revisit this thread after 2 years
Utter non sense!! Many of the project are running on ETH, ETH will survive and grow. I am worried about the network congestion, but it would be solved over the time.
Network congestion isn't a problem so much anymore. AFAIK gas tx costs are now 1-2 GWEI and that is despite new blockbuster dApp games like FOMO3D or POWH3D (the amount of txs on these contracts is more than cryptokitties).
Like i've said many times, scalability is a known issue that is close to being solved by ETH devs.
Utter non sense!! Many of the project are running on ETH, ETH will survive and grow. I am worried about the network congestion, but it would be solved over the time.
Yes, as you can bury the ETH! From the beginning of its Foundation, as soon as it falls down, everyone starts to bury it. However, he lives for three years and will live forever. Throw away these gloomy thoughts.
1st I'm not related to Nostradamus in anyway, i hope. lol So i dont have any clue when that eventuality will be, but an eventuality for sure, imo.
2nd I'm not out of eth. I'm range trading it, as with other coins/tokens.
3rd This has nothing to do with one exchange, its amazing how people choose to only read what they want to see. So ill say it again eth has fundamental problems built into its architecture, and the only way out as i see it is a token swap to a new ETH (maybe NETH) that has been written to address all the current flaws and potential future ones.
2nd I'm not out of eth. I'm range trading it, as with other coins/tokens.
3rd This has nothing to do with one exchange, its amazing how people choose to only read what they want to see. So ill say it again eth has fundamental problems built into its architecture, and the only way out as i see it is a token swap to a new ETH (maybe NETH) that has been written to address all the current flaws and potential future ones.
For you eth will dead, that's up to you, but for me it will continue to live and forever.
If the reason is due to higher fee pool, it is because the network is getting heavier, but it is temporary.
And if it about 1-2 pools die, it does not mean that eth is dead, there are many other pools options.
Think smart man.
If the reason is due to higher fee pool, it is because the network is getting heavier, but it is temporary.
And if it about 1-2 pools die, it does not mean that eth is dead, there are many other pools options.
Think smart man.
8 days after OP declared panic... all has returned to normal. 8 days... imagine if he was around during the real tough times, probably would have sold everything at a loss.
In such a case Ethereum team can say that the rumors about Ether death are a little bit exaggerated. Problems with one pool don’t mean overall crash with Ethereum.
Doesn't seem to be legit. Just one out of hundreds. ETH is gonna be fine
This is the most funniest thread I've ever seen.. 
You have no idea dude, Eth is dead ? really? then when it will going to happen? can you give us the exact date since that your are a descendant of Nostradamus.. Let us now.. 
Dwarfpool maybe but not eth hehehe!
You have no idea dude, Eth is dead ? really? then when it will going to happen? can you give us the exact date since that your are a descendant of Nostradamus.. Let us now.. Dwarfpool maybe but not eth hehehe!
Walking dead ))))))) it is not that dead and it will be back. Don’t lose hope
Its funny because when I read the title I assumed it was some GPU miner who was going to complain about profits.
ETH network always had congestion issues, Bitcoins network was even worse at times. Remember having to pay a 300 Sat/btye fee when BTC was $20000?
I remember back in 2017 many of the huge and succesful ICOs had basically people paying thousands of dollars in ETH fees to be the first to buy into the ICOs. And later when those ICOs were listed on exchanges they were usually sold at a huge mark-up.
One issue with this however is the size of the blockchain, it got so large that for many you can't even run it on your computer, especially a full node.
Hopefully the ETH dev team does something to reduce the size of all these transactions because its growing at a very high pace.
ETH network always had congestion issues, Bitcoins network was even worse at times. Remember having to pay a 300 Sat/btye fee when BTC was $20000?
I remember back in 2017 many of the huge and succesful ICOs had basically people paying thousands of dollars in ETH fees to be the first to buy into the ICOs. And later when those ICOs were listed on exchanges they were usually sold at a huge mark-up.
One issue with this however is the size of the blockchain, it got so large that for many you can't even run it on your computer, especially a full node.
Hopefully the ETH dev team does something to reduce the size of all these transactions because its growing at a very high pace.
Moreover, according to Bitcoin.com News, Ethereum is so congested that some exchanges are forced to disable ETH Wallets .
https://steemit.com/ethereum/@steem.racing/ethereum-network-congestion-forces-exchanges-to-halt-withdrawals
https://steemit.com/ethereum/@steem.racing/ethereum-network-congestion-forces-exchanges-to-halt-withdrawals
Just flagging the post above as a fake news article.
The article doesn't even mention which exchanges were affected. FYI, you can always check Ethereum network congestion using https://ethgasstation.info/ and currently as of writing ETH gas price is only 1 GWEI. Thats like $0.01 for a high speed transaction.
TLDR: The article shills some other shitcoin by spreading fake news. Obvious malicious intent.
Moreover, according to Bitcoin.com News, Ethereum is so congested that some exchanges are forced to disable ETH Wallets .
https://steemit.com/ethereum/@steem.racing/ethereum-network-congestion-forces-exchanges-to-halt-withdrawals
https://steemit.com/ethereum/@steem.racing/ethereum-network-congestion-forces-exchanges-to-halt-withdrawals
Pool issue and you say ETH dead? hahaha
Cmon, ETH network have bigger pending transaction and make some delayed on ETH network
Cmon, ETH network have bigger pending transaction and make some delayed on ETH network
Thats a completely one dimensional view. ETH problems are not "one" pool, or even many pools, its a fundamental flaw that has opened it up to abuse and its own demise.
Pool issue and you say ETH dead? hahaha
Cmon, ETH network have bigger pending transaction and make some delayed on ETH network
Cmon, ETH network have bigger pending transaction and make some delayed on ETH network
Well here is another piece of the puzzle.
The Chinese want to take over the crypto market. They have forbidden anyone in china buying crypto coins that are not Chinese. Trump needs to pile on a tonne of more sanctions, and the dems should support this. They intent to kill every coin that is not theirs.
EOS, the popular decentralization-oriented blockchain may be deliberately attacking the Ethereum network through various dishonest tactics.
According to Justo, his team was able to see that EOS was behind a series of Airdrops of tokens with little or no value at all. This strategy caused the price of GAS needed to process transactions to rise considerably, thus congesting the Ethereum network:
https://ethereumworldnews.com/eos-accused-attacking-ethereum/
The Chinese want to take over the crypto market. They have forbidden anyone in china buying crypto coins that are not Chinese. Trump needs to pile on a tonne of more sanctions, and the dems should support this. They intent to kill every coin that is not theirs.
EOS, the popular decentralization-oriented blockchain may be deliberately attacking the Ethereum network through various dishonest tactics.
According to Justo, his team was able to see that EOS was behind a series of Airdrops of tokens with little or no value at all. This strategy caused the price of GAS needed to process transactions to rise considerably, thus congesting the Ethereum network:
https://ethereumworldnews.com/eos-accused-attacking-ethereum/
it is impossible that ETH will die ... many ICOs are promoting their coins using ETH coins .. i think ETH coins will not die .. that's the reason of me
I agree, Cardano is pretty darn cool. However, I don't think ETH is gonna sit idly by and let Cardano take center stage. Too many coins, ICOs, and DApps rely on ETH to allow it to fail. Just my opinion, and it's worth all that you paid for it.
Exactly. Too many "good" dApps currently rely on Ethereum, and this is the only reason why it's not gonna be easy to beat Ethereum in terms of popularity and market-cap.
Current major issue of Ethereum: https://www.coindesk.com/vitalik-ethereum-app-builders-screwed-scaling-limits/
I beg to disagree. While I recognize that scaling limits are currently an issue with the Ethereum blockchain, solutions are already being developed. Sharding and other protocols have are already in the works and can be seen on their github page.
What do you think will then happen when ETH finishes these?
I agree, Cardano is pretty darn cool. However, I don't think ETH is gonna sit idly by and let Cardano take center stage. Too many coins, ICOs, and DApps rely on ETH to allow it to fail. Just my opinion, and it's worth all that you paid for it.
Exactly. Too many "good" dApps currently rely on Ethereum, and this is the only reason why it's not gonna be easy to beat Ethereum in terms of popularity and market-cap.
Current major issue of Ethereum: https://www.coindesk.com/vitalik-ethereum-app-builders-screwed-scaling-limits/
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