Topic: Ethereum Never Designed for Scalability (Read 446 times)
Vitalik is humble and keep saying words out from his mouth regarding eth platform. To be honest, when it comes to scalability eth is one of the best there to use for. Only fools will ride their statement regarding this. Before Vitalik creating fud also on his own project but I believe that was only a humor cracked joke. He is smart and he knows how to handle politics in crypto industry.
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 ?
In my opinion things like this often happen. At the beginning of the project, they never thought that the project would be this big, as in 2014, people would not think that the price of bitcoin could reach $ 20k. The founders usually don't anticipate things that they themselves don't expect, but I think in the end ethereum will find a solution to this problem
ETH was seen as something that was more scalable than bitcoin
of course is it,even today.
but the problem is that it's not enough, with the features they have, it's really lacking, and that's what is happening right now.
Vitalik is a smart person. I think he will do anything to keep the Ethereum ecosystem going for decades.
of course,all of creators in the world will do same as you say.
the most important thing is I will continue to support the Ethereum project and continue to buy it when prices are cheap.
I don't think that's the right action or answer in the process of supporting something,somehow i just think, keep buying its not the right thing for such thing like this.because this is not entertainment thing. and vitalik is not artist.
Vitalik is a smart person. I think he will do anything to keep the Ethereum ecosystem going for decades.
I personally do not really bother, the most important thing is I will continue to support the Ethereum project and continue to buy it when prices are cheap.
I personally do not really bother, the most important thing is I will continue to support the Ethereum project and continue to buy it when prices are cheap.
Aren't they proposing some sort of Ethereum 2.0 protocol for scaling?
It's funny because previously, ETH was seen as something that was more scalable than bitcoin and the entire point of the scare campaign about the 'flippening' was that bitcoin couldn't be scaled, transaction fees are going to skyrocket, and people are going to flood towards ETH.
And now, the tables have turned and the situation is binary opposites.
It's funny because previously, ETH was seen as something that was more scalable than bitcoin and the entire point of the scare campaign about the 'flippening' was that bitcoin couldn't be scaled, transaction fees are going to skyrocket, and people are going to flood towards ETH.
And now, the tables have turned and the situation is binary opposites.
The 'right' time to scale was when the blocks became full in 2017 and that's still the case today---the only economical incentive Vitalik satisfies here is that of the miners because they absolutely love scooping up high fees.
Tether has been an absolute stress factor on the network lately. It drives the gas price up for every user, which isn't something that people couldn't have seen coming, especially after the token boom in 2017 and some part of 2018.
I can see Tether only further drive gas prices up with how more and more USDT shifts from Omni to Ethereum. It's a serious problem that grows bigger and bigger. It's better to have it be more distributed to take some stress off Ethereum.
Tether has been an absolute stress factor on the network lately. It drives the gas price up for every user, which isn't something that people couldn't have seen coming, especially after the token boom in 2017 and some part of 2018.
I can see Tether only further drive gas prices up with how more and more USDT shifts from Omni to Ethereum. It's a serious problem that grows bigger and bigger. It's better to have it be more distributed to take some stress off Ethereum.
well, but what if the scenario is like this .
when 2017 party , vitalik and the team see huge anthusiast of ico from their blockchain , and then , they know what exactly happen about their scalability.
but they have no idea how to solved it ? its seems quite reasonible right ?
everything will be implemented at the right time
The 'right' time to scale was when the blocks became full in 2017 and that's still the case today---the only economical incentive Vitalik satisfies here is that of the miners because they absolutely love scooping up high fees.Tether has been an absolute stress factor on the network lately. It drives the gas price up for every user, which isn't something that people couldn't have seen coming, especially after the token boom in 2017 and some part of 2018.
I can see Tether only further drive gas prices up with how more and more USDT shifts from Omni to Ethereum. It's a serious problem that grows bigger and bigger. It's better to have it be more distributed to take some stress off Ethereum.
The development, although slow, will eventually be, i think that developers can do this.
the thing about Vitalik is that he created ethereum to make money nothing else.
He's already rich tho... his premine is worth probably a billion dollars. I don't think he's motivated only by money but he sounds like many other over-optimistic software developers who think that they can do anything in a fortnight. And he doesn't seem to have a real boss who can slap him back into reality.
This is a very ridiculous statement. The idea of Ethereum was intended to create a world computer. That is, Vitalik Buterin initially laid the factor of huge scalability of his project. But today we see that no work on Ethereum is carried out. Yes, such statements make investors think about where they have invested their money. It is very terrible to hear such words from the flagship of the cryptocurrency industry.
the thing about Vitalik is that he created ethereum to make money nothing else.
He's already rich tho... his premine is worth probably a billion dollars. I don't think he's motivated only by money but he sounds like many other over-optimistic software developers who think that they can do anything in a fortnight. And he doesn't seem to have a real boss who can slap him back into reality.
Money is always a big motivation of anyone, and we have to admit that honestly or we are just lying...but there must be a time when things must go beyond money. I am admiring Vitalik Buterin because at a young age he at least contribute something to the world of cryptocurrency and yes he has own share of detractors too and that can just be natural as nobody can please all and we have our own opinions and convictions, anyway.
Now, as far as the scalability of the Ethereum network, I am sure that devs and all the people behind it are all aware of the scale of the problem and that they must do something concrete and long-term about it. I am waiting for the Ethereum 2.0 before I will decide if Ethereum has a good future ahead of itself or will this coin just be left in the dust and allowed to die a natural "death;" hopefully we will see that 2020 is the year of make or break for Ethereum.
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.
Ethereum is a proof that you cannot trust them, if you remember what happened in 2016 when DAO hack happened and they hardforked and created a new chain and we still have two coins and when they roll out the version 2 they will have another new chain If I look at the development of Ethereum in the past few months, I also agree with his statement.
. If you are an investor you will be confused about the number of chains ETH will be having after the next chain evolves 
. the thing about Vitalik is that he created ethereum to make money nothing else.
He's already rich tho... his premine is worth probably a billion dollars. I don't think he's motivated only by money but he sounds like many other over-optimistic software developers who think that they can do anything in a fortnight. And he doesn't seem to have a real boss who can slap him back into reality.
He maybe a good programmer but I guess it is not is forte with regards of seeing possible things in the future. Being a programmer is different from being a strategist, or an economist. He saw things in a programming language but not in how the world works. That is why he keep on saying confusing words. But well as you said it is not late, good thing is technology is created to evolve, so if Ethereum is initially not made to scale, they can make it scale by tweaking and upgrading its design.
Right on.
He knows what to do when those fingers are on the keyboard or just in front of computer but never the other parts of it.
He also said before that Ethereum will never reach that ATH again just after a $200 fall.
Because of that the price dropped in an instant without even stopping for a while in the mid section of the total price.
What am I pointing at?
He ain't the marketing strategies of the company.
He should really stop being something else or someone else.
That's not suitable with their concept in early stage. And there's nothing new with this. Vision can be changed anytime. According on eth's current condition it must be fixed. How much project was running in this chain until now a days. Scalability always meet the obstacle and overload. Do you never think he was tired of this?
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.
very good point.
the thing about Vitalik is that he created ethereum to make money nothing else. at that time (in early days) to get it pumped he had to make big claims like that. it is not just these simple statements like "world computer" it is about the fact that they even attacked bitcoin with sever criticism that it has high fees and claimed their coin will never have high fees. soon after they made this accusation ETH transaction fees went to $5 and more.
the problem is that even though there are many differences between ethereum and bitcoin, it is still a copy of bitcoin and because of that you can't make its blocks fast as 1 second and it will never have scalability. but when you ignore that and try it just for short term hype and dump you'll end up with 3 TB blockchain
I think that if so far goes and Etherium will start to use the whole world and how bitcoin will create hard forks supporting the Etherium network. I wonder when the next halving is ETH
What u talking about ?
Can u explain in the details ?
I cant understand what u talking about "how bitcoin will create hard forks supporting the ethereum network" , even it seems imposible to do .
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 ?
I have a sufficient amount of Ethereum on my accounts and I also hope that with the release of updates, the price of this coin will grow greatly, and I will be able to earn some money. As time goes on, I have less faith in it, but I have nothing to do but wait and hope.
I think that if so far goes and Etherium will start to use the whole world and how bitcoin will create hard forks supporting the Etherium network. I wonder when the next halving is ETH
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.
Yes.Everyone can not predict what will happen,including satoshi,he just released bitcoin,and begin to mine himself,now bitcoin is the most promising digital gold.
So as vitalik,his team released ethereum platform as promised,so many dapps created on it, ICO bubble,...
Many developer are building on it to make eth ecosystem stronger..
The team is solving the scalability problems with many tried,sharding,plasma,layer2.
There will be a best practice.
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
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
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.
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.
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.
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 ?
ethereum growing so fast, and maybe vitalik didn't predicted that my friend
thats why a lot of issue on ethereum network
but, i still believe on ethereum, because when ETH 2.0 born, it will bring a lot of change on ethereum network buddy
indeed, but after i see this ,"Youre saying the concept of launching something that doesn't scale then rebuilding it as something thats scalable was part of initial the plan",
then lubin just say : "We knew it wasn't going to be scalable for sure" , and what point i get (maybe its wrong) scalability seems be ETH problem for eternity.
so i just think, ETH 2.0 still have no scalability inside.
clearly disappointing, considering they discussed scalability in their documents.
source image
I think Ethereum developers should be moving from one court case to another, what was promised investors was that this would scale but what I see is that they also were overwhelmed by the success of their platform and the rate of utilization of their platform for ICOs which makes it to draw more scrutiny.
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 ?
ethereum growing so fast, and maybe vitalik didn't predicted that my friend
thats why a lot of issue on ethereum network
but, i still believe on ethereum, because when ETH 2.0 born, it will bring a lot of change on ethereum network buddy
He maybe a good programmer but I guess it is not is forte with regards of seeing possible things in the future. Being a programmer is different from being a strategist, or an economist. He saw things in a programming language but not in how the world works. That is why he keep on saying confusing words. But well as you said it is not late, good thing is technology is created to evolve, so if Ethereum is initially not made to scale, they can make it scale by tweaking and upgrading its design.
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 ?
ethereum growing so fast, and maybe vitalik didn't predicted that my friend
thats why a lot of issue on ethereum network
but, i still believe on ethereum, because when ETH 2.0 born, it will bring a lot of change on ethereum network buddy
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.
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 ?
Jump to: