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Topic: Ethereum update - page 4. (Read 740 times)

member
Activity: 798
Merit: 38
August 25, 2019, 03:45:55 PM
#8
There have been talks on the ethereum block chain upgrade for quite some time and I think it is particularly on the scalability, because that is the problem that has been confronting Ethereum network. So, another token will not be created, but that there will be an improvement in the network. If the issue of scalability can be solved, it will then be singlehandedly agreed that ethereum network is the vest, when it comes to smart contract.
full member
Activity: 952
Merit: 110
August 25, 2019, 02:32:46 PM
#7
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 there is not going to be any ETH fork which is called hardfork,the update is just a normal update for eth without splitting or giving birth to another coin,ETH going to ETH2.0 is not a swap to another coin,its just like a network upgrade is all
full member
Activity: 399
Merit: 100
August 25, 2019, 01:51:46 PM
#7
In new update we will get more low transaction cost with fast transaction speed per second. Last released Ethereum fork was Constantinople. Better look than before we used and security more strong.
full member
Activity: 589
Merit: 100
August 25, 2019, 01:11:38 PM
#6
I feel disappointed when fork Constantinople because there is no significant increase in prices, my expectations on Ethereum 2 early 2020 will be different, all waiting for an increase in altcoin, especially Ethereum in the future
copper member
Activity: 448
Merit: 3
August 25, 2019, 12:48:53 PM
#5
There will be no KYC to receive future ETH  hardfork if there will be any. Requesting for KYC to receive a decentralized forked coin is just another scam. As for the upcoming eth upgrade, there will be no new coin created.
sr. member
Activity: 1932
Merit: 300
August 25, 2019, 11:34:51 AM
#4
Definitely no KYC. As of the fork, I believe Ethereum developers are trying to migrate in a completely new chain hence a swap would be a probable in which case, users need to prove their holdings but that would be a large hassle. They may opt out for a fork where user has to do nothing.
copper member
Activity: 336
Merit: 3
Cryptoknowmics - World's First Decentralized Media
August 25, 2019, 11:22:23 AM
#3
They will just upgrade ETH network and they promised to do following: to reduce the miner rewards by 50 percent, to increase the transaction speed and to lower transaction fees. If everything would be realised it could help ETH to finally raise in price.
sr. member
Activity: 882
Merit: 301
August 23, 2019, 03:21:36 PM
#2
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?
The fork was already completed back in Feb. 2019 (Constantinople). AFAIK there will be no "ETH2" coins that will be issued, it will be the same ETH since it's a network upgrade. I'm curious how the migration from POW to POS will be.
member
Activity: 364
Merit: 13
August 23, 2019, 02:52:57 PM
#1
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?
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