Topic: Ethereum Never Designed for Scalability - page 2. (Read 419 times)
Each coin still have their own conflicts or downs, since ETH been known and used as a main platform in many project transactions, scalability is way too hard to handle, it is not predicted to be this useful that it didn't identified yet by Vitalik , but as time pass knowing the flows in capability in coping to perform well under an expanding workload of ethereum there can be still time to design it or update in a way it will solve the problem. It's also good to address to in some alts that are still upgrading same with new alts if they want to beat or hit what ETH reached now.
well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability.
firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point.
they maybe never think before, ethereum will have tremendous popularity in the crypto industry.
oh yeah , this their statement.
well, any thoughts ?
firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point.
they maybe never think before, ethereum will have tremendous popularity in the crypto industry.
oh yeah , this their statement.
well, any thoughts ?
If I am not mistaken, there was never an old coin whose primary purpose or goal of being created was scalability. There were problems in the traditional currency system that they are trying to solve with their project. Scalability was therefore not the topmost priority. It was only lately when Bitcoin, Ethereum, Litecoin, etc, the veterans in the crypto world, experienced this certain problem with the adoption growing. They can be given solutions to, and that is what they are doing, but then there came a lot of projects whose intention was almost solely to address the scalability problem. Well they have added such scalable features but they still cannot replace the likes of Bitcoin and Ethereum in terms of adoption. It is not scalability that is the only problem. In other words, the genius behind Ethereum is thinking of much bigger things than scalability.
Early Ethereum was not scalable. The transactions were fast because the blocks were not full and only few people used it. However, bring back the Cryptokitties hype, it would certainly slow down hehe.
In any case, does the promise of ETH 2.0 their admission that Ethereum 1.0 is a failure? It appears so, I reckon.
In any case, does the promise of ETH 2.0 their admission that Ethereum 1.0 is a failure? It appears so, I reckon.
firstly , they created it for scalable.
but after Hard Fork Ethereum , ETH no more scalable,even until now.
it is inversely proportional to buterin's statement which says eth 1.0 is a good achievement. even though no scalability after.
one of another goal for ETH 2.0 is try to finding a best solution for network scalability , and if i dont wrong, they call it sharding.
but well it becomes unclear after Lupin statement.
well, any thoughts ?
He has his own reasons for making this statement. In as much that you may have a good idea to develop or build something, how it will improve or succeed, you can't really tell. I'm very sure that Vitalik didn't expect Ethereum to be huge like it is now. You may find his statement ridiculous but I think he just trying to be realistic here.
yep, he did it.
he just make it clear,maybe he kept being questioned, and that bothered him a lot.
well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability.
firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point.
they maybe never think before, ethereum will have tremendous popularity in the crypto industry.
oh yeah , this their statement.
well, any thoughts ?
firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point.
they maybe never think before, ethereum will have tremendous popularity in the crypto industry.
oh yeah , this their statement.
well, any thoughts ?
He has his own reasons for making this statement. In as much that you may have a good idea to develop or build something, how it will improve or succeed, you can't really tell. I'm very sure that Vitalik didn't expect Ethereum to be huge like it is now. You may find his statement ridiculous but I think he just trying to be realistic here.
well in my opinion is also very strange. they make ethereum, but it's not designed for scalability. maybe at first they only made coin variants for the blockchain. but the longer it was developed, ethereum has a large support in the crypto industry. especially on the smart contract. it is proven that there are several coins that follow the concept. so ethereum becomes one part of the blockchain that has a big role.
Early ETH was scalable, probably not just on a huge enough scale they imagined to the point that the whole world would be using it concurrently.
I have no arguments against ETH (vitalk, lubin, or devs) because they realized their mistake (on scalability) and have ever presently been working to correct it ever since. If anything, i would just comment on the fact that they can't get their timelines right. They've been promising ETH2.0 or proof-of-stake for 3 years now and nothing has materialized.
I have no arguments against ETH (vitalk, lubin, or devs) because they realized their mistake (on scalability) and have ever presently been working to correct it ever since. If anything, i would just comment on the fact that they can't get their timelines right. They've been promising ETH2.0 or proof-of-stake for 3 years now and nothing has materialized.
Early Ethereum was not scalable. The transactions were fast because the blocks were not full and only few people used it. However, bring back the Cryptokitties hype, it would certainly slow down hehe.
In any case, does the promise of ETH 2.0 their admission that Ethereum 1.0 is a failure? It appears so, I reckon.
Early ETH was scalable, probably not just on a huge enough scale they imagined to the point that the whole world would be using it concurrently.
I have no arguments against ETH (vitalk, lubin, or devs) because they realized their mistake (on scalability) and have ever presently been working to correct it ever since. If anything, i would just comment on the fact that they can't get their timelines right. They've been promising ETH2.0 or proof-of-stake for 3 years now and nothing has materialized.
I have no arguments against ETH (vitalk, lubin, or devs) because they realized their mistake (on scalability) and have ever presently been working to correct it ever since. If anything, i would just comment on the fact that they can't get their timelines right. They've been promising ETH2.0 or proof-of-stake for 3 years now and nothing has materialized.
yes, because that not easy problem after all.
But, ethereum never stop to create solutions because they knew what their blockchain incapable of. They knew what ethereum’s limitation that’s why they never stop trying to solve and improve. They create multiple setbacks for prevention and progression of the chain.
indeed, that why they clarify it for sure on the interview.
If ethereum blockchain was never designed for scalability then why was it actually created?
it was, on the beginning.
then everything goes changed so far, also In March 2017, various blockchain start-ups, research groups, and Fortune 500 companies announced the creation of the Enterprise Ethereum Alliance (EEA) with 30 founding members.
then what i imagine, how the dev think it going so fast.
even for investor.
Firstly, I'll like to say this is a savage finding, what many people didn't imagine. I checked out that short video and was amazed that what's on this post is legit. Well, ethereum is somewhat scalable although lags to an extent. Maybe initially vitalik and his team didn't foresee that many projects will harness Eth blockchain. That aside, I hope to see an upgrade that brings in improved scalability for ETH in future.
even me, like a dummy person after seeing that the short video was real from Lupin.
Vitalik had no idea what Ethereum would turn into when he created it. However, at the moment I believe that Ethereum can solve the problems of scalability.
even they already removed scalability problem on their pages.
Vitalik had no idea what Ethereum would turn into when he created it. However, at the moment I believe that Ethereum can solve the problems of scalability.
okay maybe scalability has a slight negative effect where when the load is too much he can't do repairs or maintenance himself, it can be seen when many transactions take place in a long shipping process, high fees.
however it is not affected by its use because indeed they still need to transact using ethereum networks.
however it is not affected by its use because indeed they still need to transact using ethereum networks.
It is really not a joke that ethereum facing a big problem which is the scalability, developer of said blockchain is admitting it is true. But, ethereum never stop to create solutions because they knew what their blockchain incapable of. They knew what ethereum’s limitation that’s why they never stop trying to solve and improve. They create multiple setbacks for prevention and progression of the chain.
Early ETH was scalable, probably not just on a huge enough scale they imagined to the point that the whole world would be using it concurrently.
I have no arguments against ETH (vitalk, lubin, or devs) because they realized their mistake (on scalability) and have ever presently been working to correct it ever since. If anything, i would just comment on the fact that they can't get their timelines right. They've been promising ETH2.0 or proof-of-stake for 3 years now and nothing has materialized.
I have no arguments against ETH (vitalk, lubin, or devs) because they realized their mistake (on scalability) and have ever presently been working to correct it ever since. If anything, i would just comment on the fact that they can't get their timelines right. They've been promising ETH2.0 or proof-of-stake for 3 years now and nothing has materialized.
It proves how ETH is so good, they never meant to build it for that reason but most devs are still preferring to build their platform on ERC-20. It's admirable as well to see Vitalik and the team to continue developing ETH and continuously make improvements, similar to how other companies do it in the space to improve their system and alternative IEO's to provide people easier access to get in. Efforts like these will get us crypto to where we want it in the next few years.
Even Ethereum's DeFi is beating Coinbase's new lending system, seems like ETH can possibly be the benchmark for all these new startups and service offerings.
Even Ethereum's DeFi is beating Coinbase's new lending system, seems like ETH can possibly be the benchmark for all these new startups and service offerings.
well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability.
firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point.
they maybe never think before, ethereum will have tremendous popularity in the crypto industry.
oh yeah , this their statement.
well, any thoughts ?
firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point.
they maybe never think before, ethereum will have tremendous popularity in the crypto industry.
oh yeah , this their statement.
well, any thoughts ?
There's no such thing as not designed for scalability. The initial team may have failed to predict the future of Ethereum and settled up with a low scalable chain but as Ethereum is a ever changing project, new changes in codes are coming that would solve many issues including the issue of scalability.
I don't think that will work, because they did say it from the start. I believe more if they increase their capacity each period (per year, maybe) this makes more sense and maybe this could be an answer to investor doubts. and if so we can come to the conclusion that the problem of scalable in ethereum is over.
so if initially they were not too ambitious in introducing scalability, maybe investors were not so disappointed.
If ethereum blockchain was never designed for scalability then why was it actually created? To be used my few % of the total population? that's some BS imo
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well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability.
firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point.
they maybe never think before, ethereum will have tremendous popularity in the crypto industry.
oh yeah , this their statement.
well, any thoughts ?
firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point.
they maybe never think before, ethereum will have tremendous popularity in the crypto industry.
oh yeah , this their statement.
well, any thoughts ?
There's no such thing as not designed for scalability. The initial team may have failed to predict the future of Ethereum and settled up with a low scalable chain but as Ethereum is a ever changing project, new changes in codes are coming that would solve many issues including the issue of scalability.
Actually there is a limitation especially on the parameters of the code that they used during the early stage. As you can see, they may use a code that not design to load tons of transactions. So in able to expand it, It's either to write all over the code and this time set the parameters right and this job is really very hard since you can't predict the volume of transaction in the future and also can't set an infinite limitation. So I believe this is the case of Ethereum Plasma. A totally upgraded ETH network with a new set of code. In short, It's new set of ETH network codes that different in the old version.
Disclaimer: I'm no pro on this subject, This is just my opinion and the way I understand how ETH network upgrades.
well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability.
firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point.
they maybe never think before, ethereum will have tremendous popularity in the crypto industry.
oh yeah , this their statement.
well, any thoughts ?
firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point.
they maybe never think before, ethereum will have tremendous popularity in the crypto industry.
oh yeah , this their statement.
well, any thoughts ?
There's no such thing as not designed for scalability. The initial team may have failed to predict the future of Ethereum and settled up with a low scalable chain but as Ethereum is a ever changing project, new changes in codes are coming that would solve many issues including the issue of scalability.
If scalability was not part of it at the initial stage, can't it then be worked out? I gave always believed that a modification, upgrade or amendment can be done to it.
If both of them are coming out to say this, good they admitted it. They are the designers and the developers behind it. They know every details of, so something should be done.
If both of them are coming out to say this, good they admitted it. They are the designers and the developers behind it. They know every details of, so something should be done.
No, scalability was once part of their initial stage, but it was removed halfway.
It's more likely they are unable to do that back then and now they "admitted" it was never been their goal in the first place.
In purpose of gaining momentum and introducing ETH 2.0 that solves the scalability issue. I will not be surprised to see them talking about this in the next few days/weeks later.
Everyone has their strengths. I think Ethereum is one of the real proofs in crypto activity, especially blockchain technology.
If I look at the development of Ethereum in the past few months, I also agree with his statement.
If I look at the development of Ethereum in the past few months, I also agree with his statement.
Never designed for scalability but that didn't stop them from promoting it as "the world computer".
I have great respect for Vitalik as a nerd but he's too often sounding like a shyster. Make up your mind, is it the world computer, or your backyard computer.
I have great respect for Vitalik as a nerd but he's too often sounding like a shyster. Make up your mind, is it the world computer, or your backyard computer.
Agreed! The community should also learn how to distinguish between scamming and confident hopefulness. Both of them can be similar hehehe.
scalability is indeed an obstacle to ethereum, we can see in 2017, how the Ethereum network is slower than usual because of heavy traffic, and also expensive fees.
and after that event Vitalik and his team tried to upgrade ethereum by making ethereum 2.0, but will it really be improved? we wait. .
but even so, I'm sure the scalability problem won't be a problem for holders, because it happened to Bitcoin until today.
and after that event Vitalik and his team tried to upgrade ethereum by making ethereum 2.0, but will it really be improved? we wait. .
but even so, I'm sure the scalability problem won't be a problem for holders, because it happened to Bitcoin until today.
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