Topic: Ethereum update - page 3. (Read 695 times)
The poor performance of ethereum in recent times has really caused many people to lose interest in ethereum. The coming update on Ethereum is just a blockchain system update without any hard fork to improve service on it's blockchain network. This would really help bring back the interest of many altcoin holders in ethereum.
there is no information about this yet, but I think it will be some kind of technical update without the appearance of new coins
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AFAIK, next scheduled hard fork is Istanbul that is expected to happen around November this year but it is still within framework of Ethereum 1.0. As to Ethereum 2.0 its zero phase i.e Beacon Chain is planned for the end of 2019 - beginning of 2020, also via hardfork on the understanding that all ETH addresses remain valid; KYC, this is not the case here.
Ethereum 2.0 will not be a hardfork. It will be a new platform not connected to the original Ethereum. What the users will do is transfer their wallets from Ethereum 1.0 to Ethereum 2.0 through a smart contract.
I shake my head at this. Why did Vitalik not release a proof of stake Ethereum from the beginning?
I heard Ethereum will be updated to Ethereum 2 in early 2020.
I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
No forced to pass KYC, not in crypto marketI would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
They might not be implementing it now because we have not really gotten a legal regulation that will be enforced by the government but in future when the government is ready for the regulation, then they will surely enforce it just like we have exchanges that has been seeking for regulation enforce it now. Ever since exchanges has enforced this issue of KYC, virtually everyone has complied with it already and nothing has been done about it, so nothing will still be done if ethereum enforces theirs too.
@furball64. Ethereum 2.0 will not be a regular update. It will be a new platform coded from scratch.
I reckon that it might be a risk for Vitalik to do this because all the projects that were made on Ethereum might have a difficult task of migrating to the new platform.
I reckon that it might be a risk for Vitalik to do this because all the projects that were made on Ethereum might have a difficult task of migrating to the new platform.
I heard Ethereum will be updated to Ethereum 2 in early 2020.
I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
This will be a regular update that will not spawn any hard fork or, in other words, network offsets. There will only be a technology update and a change in the mining method. With this update, Ethereum will be mined using POS mining and large node holders with a large amount of Ethereum will receive it.
I heard Ethereum will be updated to Ethereum 2 in early 2020.
I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
KYC for the user is okay but to my opinion i don't think it should forced.
I heard Ethereum will be updated to Ethereum 2 in early 2020.
I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
No forced to pass KYC, not in crypto market I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
You can learn more about upgrading to Ethereum 2.0 from the documentation on Github.
Here, for example, are the transition phases: https://docs.ethhub.io/ethereum-roadmap/ethereum-2.0/eth-2.0-phases/
And here the process of ETH1 migration to ETH2 is described: https://docs.ethhub.io/ethereum-roadmap/ethereum-2.0/eth-1.0-to-2.0-migration/
Here, for example, are the transition phases: https://docs.ethhub.io/ethereum-roadmap/ethereum-2.0/eth-2.0-phases/
And here the process of ETH1 migration to ETH2 is described: https://docs.ethhub.io/ethereum-roadmap/ethereum-2.0/eth-1.0-to-2.0-migration/
I heard Ethereum will be updated to Ethereum 2 in early 2020.
I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
I also heard that there will be an update to Ethereum in 2020 but we will not know what the next development of Ethereum will be. as you said it is still to be a question mark and we don't know whether the Ethereum update will occur or not in next year. we are still looking for information about it.I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
I hope that this update can make ethereum rise again as its price remains on the bearish side. If this is true then we can expect more altcoins to be born again.
I heard Ethereum will be updated to Ethereum 2 in early 2020.
I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
- Never have KYC
- Most likely you don't need to do anything
This is just an update of the network for a better performance and more scalableness. And equally for the redcution of miner's reward and no new coin is going to be created. More-so, forked doesn't need KYC.
Ethereum fork again? Why then is the price doing down? Akm seriously hoping for ethereum moon.
The answer is clear, because this version of Ethereum is not working as Vitalik had promised. It is not scalable. It failed.
Also, where is the hard fork to proof of stake? I reckon Vitalik should address this. He might be avoiding it because it will highlight his team's failure.
The digital ledger behind the supposed better version of Bitcoin is running out of capacity.
That was the warning last week from Ethereum co-founder Vitalik Buterin, who noted that the cost of processing transactions done in the digital token Ether on the underlying blockchain may get too expensive for some users.
Ether’s network utilization has spiked into the 90% level, according to tracker Etherscan.io. As utilization increases, transactions costs could follow suit, possibly making potential corporate users hesitate to use Ethereum, Buterin said.
Almost two years ago, Ethereum was getting clogged up as the digital game CryptoKitties took off. Then thousands of initial coin offerings, which turned out to be mostly scams, took up space on the network. More recently, though, as a majority of the ICOs went bust, a new tenant is taking over Ethereum: The controversial coin known as Tether.
In the last 30 days, Tether paid computers which process transactions on Ethereum’s digital ledger $260,000 in fees, according to data researcher Ethgasstation.info. That’s about 17.5 times more than CryptoKitties and six times more than the world’s largest distributed exchange, IDEX.
As Tether takes up more capacity, that leaves less for other developers. Ethereum was touted by enthusiasts when it was created as a better Bitcoin -- one with extra features that would let people automate tasks and even set up so-called autonomous corporations, ones that run themselves via software. But most of the most popular so-called dapps -- apps designed for such networks -- currently run on competing digital ledgers, according to tracker DappRadar.com.
Read in full https://www.bloomberg.com/news/articles/2019-08-26/ethereum-almost-full-as-controversial-coin-gobbles-up-capacity
I may think about your 2nd questions :
Oh yes, we will be forced to do KYC before using ETH service. That's fair to tracking scam projects, but somehow, it made ETH is not anonymous network anymore.
Oh yes, we will be forced to do KYC before using ETH service. That's fair to tracking scam projects, but somehow, it made ETH is not anonymous network anymore.
Ethereum fork again? Why then is the price doing down? Akm seriously hoping for ethereum moon.
I reckon Ethereum 2.0's release might be similar to the SEC's approval of a bitcoin ETF. Many delays.
I predict that Vitalik's release might not be until 2022 or never hehehe.
I predict that Vitalik's release might not be until 2022 or never hehehe.
I heard Ethereum will be updated to Ethereum 2 in early 2020.
I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
1. There will be no more fork will be generated through the future fork of ethereum and QDAO was the only one the case that created the fork chain of ethereum called ethereum classic. I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?
I thought if it's enough to hold your funds or ethereum in your personal wallet and ethereum will be updated automatically based on how much nodes will be upgrade its client to the future clients that contains the update
2. Please, there will be no more new ethereum fork coin and you can forget ETH2 because it's stated so many times if the next ethereum fork will not generate a new coin and ETC is the last one.
You don't need to pas KYC and it can't be disturbed by the regulation.
So moon will be after the fork then?
Halving usually makes its price shoot up and so if they adjust the transaction fee then this will be good for the ETH fans and the projects using their network too at least this time the gas will not be such a burden. I haven't read the update. Did they mention about their TPS also? It will still have the same problem if the congested network is not going to be solve with this update.
Halving usually makes its price shoot up and so if they adjust the transaction fee then this will be good for the ETH fans and the projects using their network too at least this time the gas will not be such a burden. I haven't read the update. Did they mention about their TPS also? It will still have the same problem if the congested network is not going to be solve with this update.
I think there will not be any other or newer eth coins produced even after all these upgrades simply because they are using different techniques to resolve scalability issues that do not require hard forks, im just waiting for all these upgrades to complete and see eths new form as a highly advanced and modern blockchain network with realtime solutions.
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