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Topic: Everyone waiting for v2.0 but... - page 2. (Read 442 times)

legendary
Activity: 2926
Merit: 1069
★Bitvest.io★ Play Plinko or Invest!
August 18, 2020, 03:48:10 AM
#37
Truly said. Rushing on for a community pressure could be more devastating. The blockchain is working and the least thing we want it is to break. They should test it enough before releasing. It also should be an overall development to the blockchain. Just making it more sluggish to implement POS would not be good. They rather break older apps and smart contract to make a better environment for them in future than to make it sluggish to fit most of them.
full member
Activity: 827
Merit: 100
August 18, 2020, 03:34:27 AM
#36
Greetings to all,

So I found out that Ethereum v2.0 will be delayed, again.
In a recent podcast Vitalik said that technical implementation is bringing difficulties. He also added that in terms of use, some applications may fail and some of them may work flawlessly.

Do you think that digging deeper into technical aspect the the team is facing unsolvable issues or at some point everything on the chain will work just fine, just as promised?

In my opinion they should not rush according to the pressure of the community but focus on the upcoming challenges and to delay it as much as needed.
maybe this is a strategy from vitalik. why is vitalik first giving 2.0 signal to people if it turns out it's delayed. won't that create unrest to the ethereum fans who have been waiting.
maybe there is another vital path that 2.0 will take to make 2.0 successful and we don't know what path he will take
full member
Activity: 686
Merit: 125
August 18, 2020, 03:33:13 AM
#35

That is an unpopular opinion, but I tend to agree.
Eth 2.0 is really awaited update and the pressure from the eth community and social media is real and they literally don't have a chance to fail.
So its more reasonable to wait a bit longer to pass all tests twice before really putting it out
There is nothing to hurry though with the current situation of which eth still working good and miners are earning much also with high transaction fee now that eth had much number of transactions being made. Eth user too enjoying the hype that was being made to where market price of eth gone lots of increase lately. Let us just wait for it and we do not know that this time eth will get a record of all time high after the bitcoin.
member
Activity: 546
Merit: 11
August 18, 2020, 03:28:46 AM
#34
ETH 2.0 is not an update, it is a completely new project, and the team needs to make everything from ETH 1.0 also work, I think no one has ever encountered such a major problem, but the team at Ethereum is strong, we can only wait.
jr. member
Activity: 34
Merit: 2
August 18, 2020, 03:23:25 AM
#33
So I found out that Ethereum v2.0 will be delayed, again.
In a recent podcast Vitalik said that technical implementation is bringing difficulties. He also added that in terms of use, some applications may fail and some of them may work flawlessly.

Do you think that digging deeper into technical aspect the the team is facing unsolvable issues or at some point everything on the chain will work just fine, just as promised?
In my opinion they should not rush according to the pressure of the community but focus on the upcoming challenges and to delay it as much as needed.
That is an unpopular opinion, but I tend to agree.
Eth 2.0 is really awaited update and the pressure from the eth community and social media is real and they literally don't have a chance to fail.
So its more reasonable to wait a bit longer to pass all tests twice before really putting it out
full member
Activity: 1148
Merit: 116
August 18, 2020, 02:12:55 AM
#32
Greetings to all,

So I found out that Ethereum v2.0 will be delayed, again.
In a recent podcast Vitalik said that technical implementation is bringing difficulties. He also added that in terms of use, some applications may fail and some of them may work flawlessly.

Do you think that digging deeper into technical aspect the the team is facing unsolvable issues or at some point everything on the chain will work just fine, just as promised?

In my opinion they should not rush according to the pressure of the community but focus on the upcoming challenges and to delay it as much as needed.
You mean the failed testnest? This morning I read on crypto news that it's been fixed, no delay in eth 2.0 anymore mate, the development is so over and launch will commence very soon, right now I need to worry about getting more coins before it's too late
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
August 18, 2020, 02:06:24 AM
#31
In my opinion they should not rush according to the pressure of the community but focus on the upcoming challenges and to delay it as much as needed.
I think thats why Vitalik set the bug bounty for hackers to really find flaws and error on the new system. Some would think that he is boastful or quite confident but lets rule out that he did that to make certain that there will be no drawbacks on the technology. I think thats a good way to address concern.

It's better to test it and make sure that updates will be flawless than to rush with that and to make mistakes. We all wait for an update, we all believe in the price boost after that. While we wait we can concentrate on earning more Ethereums, or to find money to invest in Ethereum while the price is not too high, and Ethereum price is on the rise, it's more expensive and in future can be even higher.
hero member
Activity: 1372
Merit: 503
August 18, 2020, 01:57:37 AM
#30
In my opinion they should not rush according to the pressure of the community but focus on the upcoming challenges and to delay it as much as needed.
I think thats why Vitalik set the bug bounty for hackers to really find flaws and error on the new system. Some would think that he is boastful or quite confident but lets rule out that he did that to make certain that there will be no drawbacks on the technology. I think thats a good way to address concern.
sr. member
Activity: 2800
Merit: 344
when lambo...
August 18, 2020, 01:55:38 AM
#29
The technical issue is one reason that causes the delays
https://cointelegraph.com/news/vitalik-buterin-ethereum-20-presents-a-much-harder-challenge-than-we-thought

The team is preparing for it carefully to avoid any problems during launching. It was their call also to make it perfect and runs smoothly. They care much for it and protecting from any unwanted troubles so there is no need to hurry.

We all have been excited and eager to have their final say, but we also have to understand the situation that they have face today. It is absolutely a big pressure for them as people expect more for this.
hero member
Activity: 2828
Merit: 666
August 18, 2020, 01:54:42 AM
#28
How is it delayed? Do they gave an exact schedule to launch the ETH 2.0 ?

I think what I read is that it will be launch this year but they are not giving a specific date, so if its delayed, what's the new schedule?

Ps. I'd appreciate if you put some source of the information you shared.
I found the info on cointelegraph news

I check it and couldn't find it in the latest news. Are you sure it's a new publication?

Actually there's a lot of article we can read about ETH delaying their launch like this article (https://decrypt.co/35210/ethereum-2-0-delayed-vitalik-buterin-disagrees) published on Jul 11, 2020... so I guess this is not new to us, Vitalik and the ETH devs never promise a launch this year.

part of the content of the article I shared :

Quote
In brief
Ethereum 2.0 may not launch until 2021, according to Ethereum Foundation researcher Justin Drake.
Ethereum 2.0 transitions the network from a proof-of-work system. It's been in the works for years.
Vitalik Buterin, co-founder of Ethereum, has argued against Drake's claims and believes that Ethereum 2.0 is still on track to launch this year.
hero member
Activity: 1582
Merit: 523
August 18, 2020, 01:32:47 AM
#27
better delayed than imposing but unsatisfactory results, but what I'm thinking now is will there be a dump on ethereum in a few days? should I sell it now and buy it when it's cheap?
They can delayed this upgrade but the thing is more users of this community awaiting for this to happen to launch this year. So there's a possibility the price of ethereum will affected and will experience of plummets in the market. We can say to sell at your expected rate or if you already earn a profit and buy back when there's a slight drop price. So let's observe what might gonna happen in ethereum in the following days or months.
full member
Activity: 515
Merit: 101
August 18, 2020, 01:10:29 AM
#26
They already provide information that the Ethereum 2.0 launch would be divided into 3 phases until it was finished at the end of 2021. Indeed, many people are waiting for the launch of the new Ethereum platform, because they believe the price of ETH will increase dramatically after that.
Isn't that a right thing to expect? We all can see right now even the hype about ETH 2.0 can positively affect the market, which makes BTC, ETH and some altcoins increase lately. It would be a good thing if ETH and other altcoins can pump dramatically after the launch of ETH 2.0. I believe so! Not only me but also a lot of traders and investors believe in the same thing! They also expect that the pump of ETH can create a bullish season for altcoins.
hero member
Activity: 1582
Merit: 502
August 18, 2020, 12:41:08 AM
#25
They already provide information that the Ethereum 2.0 launch would be divided into 3 phases until it was finished at the end of 2021. Indeed, many people are waiting for the launch of the new Ethereum platform, because they believe the price of ETH will increase dramatically after that.
full member
Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
August 18, 2020, 12:16:35 AM
#24
Every project sustainability is very much dependent on how their platform performs it is just right for the development team of Ethereum to delay launching if they think there are still bugs nobody should pressure Ethereum, the developer team knows that there are a lot of competitors and they want to make sure that things will go smoothly when they launch still enough time for investors to buy more Ethereum for preparation for the coming POS feature.
I agree with your opinion. I think the most important reason why the ETH developers team still hold the project is that they want to make sure everything goes right. ETH 2.0 is an important event for Ethereum particularly and for other projects generally. It carries such a great effect to the market, though, it's better be perfect when it launched!
legendary
Activity: 3192
Merit: 1198
Bons.io Telegram Casino
August 18, 2020, 12:01:14 AM
#23
Every project sustainability is very much dependent on how their platform performs it is just right for the development team of Ethereum to delay launching if they think there are still bugs nobody should pressure Ethereum, the developer team knows that there are a lot of competitors and they want to make sure that things will go smoothly when they launch still enough time for investors to buy more Ethereum for preparation for the coming POS feature.
sr. member
Activity: 1414
Merit: 255
August 17, 2020, 11:39:11 PM
#22
better delayed than imposing but unsatisfactory results, but what I'm thinking now is will there be a dump on ethereum in a few days? should I sell it now and buy it when it's cheap?
member
Activity: 686
Merit: 35
August 17, 2020, 11:34:01 PM
#21
Greetings to all,

So I found out that Ethereum v2.0 will be delayed, again.
In a recent podcast Vitalik said that technical implementation is bringing difficulties. He also added that in terms of use, some applications may fail and some of them may work flawlessly.

Do you think that digging deeper into technical aspect the the team is facing unsolvable issues or at some point everything on the chain will work just fine, just as promised?

In my opinion they should not rush according to the pressure of the community but focus on the upcoming challenges and to delay it as much as needed.

Yeah, no need to rush, what is the point of releasing v 2.0 when it will be full of bugs, if the team are facing issues with the technical side which is very crucial to v2.0 working flawlessly better they take their time and find a workable solution, am sure everyone would not mind the delay as long as the deliver a bug free product at the end.
sr. member
Activity: 602
Merit: 253
August 17, 2020, 11:19:12 PM
#20
Snip.
Considering that we've been waiting for the new update as of late this sure is kinda a bad news for the community. As of now the price of ethereum is still on the safe light. But who knows about the investors, whether they'll take it as a good thing or the other way around.
But really, perfection takes times. They cannot just rushed things out and find lots of troubles/bugs at the end. People just want a good update because it will bring the best of ethereum if possible.
full member
Activity: 1232
Merit: 186
August 17, 2020, 10:57:28 PM
#19
How is it delayed? Do they gave an exact schedule to launch the ETH 2.0 ?

I think what I read is that it will be launch this year but they are not giving a specific date, so if its delayed, what's the new schedule?

Ps. I'd appreciate if you put some source of the information you shared.
I found the info on cointelegraph news
Here's the link: https://cointelegraph.com/news/mew-founder-the-full-reality-of-eth-20-is-still-years-away. Based on Kosala Hemachandra, MEW's founder, the full version of Eth 2.0 will be at least couple of years away.

Well, this is really not a good news for all of us Sad. I'm worried that the current hype might lose eventually and go back again in the slow pace. But I hope not because the momentum will get wasted. Much better to celebrate Christmas with a bullish run, isn't it?
hero member
Activity: 2632
Merit: 833
August 17, 2020, 10:27:49 PM
#18
(....)
If you look at the market situation, this delay might have an impact on Ethereum prices later. it could be that a few days after the 2.0 delay announcement the price will go down
I don't think so the price will be affected because if you think especially before when multiple postponed happened on the Ethereum 2.0, the price is still kicking.
But even if I am wrong and the price will be affected then it's still good, so people can still buy more on the lower price. Especially me, when I am waiting of Ethereum to fall down around $200 when it was around $300+, but now it's already $400+, lol.

As far as I can remember it did stall for quite sometime because of the postponement, and the latest pump started this July because that is what the original schedule for the release. That's why it was pump so hard up to this day.

So there are still chance that it can still fall around $200 if investors are going to take it negatively and shift their funds to other coins like bitcoin and then pump it again when there is another "final" date.

Let's see if the price are going to be affected. Smiley
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