Is Ethereum going to Die? - page 22.

cyriljundos

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Quote from: Sayeds56 on November 18, 2020, 10:28:29 PM

I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.

ethereum wont fall. ethereum is the mother of all alternative coins in theres no way that eth will be gone. ethereum platform is very good to use and a multi coin support erc20 . huge fees for ethereum is quite frustrating sometimes but eth all went well if your investment is high it will be good to invest it in ethereum.

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Quote from: rainingbitcoins on March 28, 2021, 08:37:36 AM

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It would be a big mistake to think that ethereum will die. because until now the trust of people is still quite high in ethereum. in fact there are still many altcoins that are on the ethereum blockchain. and this actually makes ethereum stronger in terms of fundamentals because more and more people are making projects on the ERC-20 network. So there are also many people who know ethereum and do not rule out investing in ethereum.

I also think like that, from day to day Ethereum is bigger than before. in fact he is a giant now. I don't think he will have any solid proof that Ethereum collapses. even if he has proof, it's too soon to say ethereum die.

The fact that the developers of Ethereum are active and still doing their work with the coin, is enough proof that we will see much more greater things with Ethereum. With the development of Ethereum 2.0, we might see a resurgence of former and new investors and users of Ethereum. It will usher a new opportunity for many of us here, who has been supporting the coin for a long time now. Just continue investing and using Ethereum and big things await for those who wait.

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Quote from: rainingbitcoins on March 28, 2021, 08:37:36 AM

I also think like that, from day to day Ethereum is bigger than before. in fact he is a giant now. I don't think he will have any solid proof that Ethereum collapses. even if he has proof, it's too soon to say ethereum die.

With the improved graphics of ETH coupled with the development of Ethereum 2.0, it has some fundamental changes in its structure and design compared to the previous version. The main change for Ethereum 2.0 is the transition from Proof-of-Work (PoW) consensus to Proof-of-Stake and sharding. The emergence of Ethereum 2.0 is expected to increase transaction speed from 15TPS (transactions per second) to 100,000TPS.

rainingbitcoins

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Quote from: ?? on ??

It would be a big mistake to think that ethereum will die. because until now the trust of people is still quite high in ethereum. in fact there are still many altcoins that are on the ethereum blockchain. and this actually makes ethereum stronger in terms of fundamentals because more and more people are making projects on the ERC-20 network. So there are also many people who know ethereum and do not rule out investing in ethereum.

I also think like that, from day to day Ethereum is bigger than before. in fact he is a giant now. I don't think he will have any solid proof that Ethereum collapses. even if he has proof, it's too soon to say ethereum die.

worldofcoins

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Quote from: kaya11 on March 27, 2021, 12:08:28 PM

Eth is a success, it's not that volatile, it's almost stable and eben though bit hardly keeps up with BTC it has its own plan too. We shall wait with the current situation of high Eth gas, there's more to come with eth. It will have a long life, just look at how many contracts and projects under Eth network, and it's incredible increasing.

There’s a good possibility of ETH going 10x after the ETH 2.0 update which will turn it into a proof of stake.
ETH is not volatile atm but the nature of every cryptocurrency is volatility.

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Quote from: LGD2Business on March 28, 2021, 12:24:34 AM

Ethereum won't die but other coins already takeover. Binance smart chain has 45 times more volume than Ethereum network. Other coins also try to take Ethereum's places and Ethereum developers don't do anything about on-going problems.

It's not going to die anytime soon. Look at the market cap. The gap between Ethereum and the third largest cryptocurrency is so huge. But that doesn't mean that there is no meaningful competition to Ethereum right now. Competing chains are now poaching a lot of projects that would have otherwise gone to ERC-20. And the Ethereum developers only have themselves to blame. They are deaf to the issues faced by Ethereum users for the last 2-3 years. They don't really care about the users.

Dexion

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Stopping the pace of ETH which already has its own existence in the world of altcoin will not die that easily, especially with its current reputation which cannot be doubted, even though there has been a decline but of course ETH has its own plans to regrow the name ETH which is a little dim, the evidence is now There is an ETH 2.0 innovation that is expected to be boosted again so that it will restore people's trust in it.

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There's no way it's gonna die, unless there are scenario where people are unable to invest in crypto anymore. In my POV, as long as there is crypto, ETH will be there along with BTc. Though other coins may approach ETH, you can't remove the trust and reputation of ETH in the long run.

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I think that's not possible. I know in 2012-2023 people think that this whole crypto space is nothing but a scam. Still some people think like that I can understand that if you don't know enough about it you would feel that's a scam. But now ethereum proved everything. And how much it's important for this market and I think in future it will be more popular and important for this crypto space.

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I dont see that ETH could die in the near future, because of several reasons:

1) It has too much of a cult around it, it has been around too long.
2) it still is the king , most of the new and promising projects are exclusively on ETH
3) Many companies , projects are working to resolve the high gas problems

Yes, BSC and others are coming after it, but they have a long way to go for that.

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Quote from: LGD2Business on March 28, 2021, 12:24:34 AM

Ethereum won't die but other coins already takeover. Binance smart chain has 45 times more volume than Ethereum network. Other coins also try to take Ethereum's places and Ethereum developers don't do anything about on-going problems.

It won't and it's still competing, maybe there are coins that also competing.

But from what we are seeing ETH still have the 2nd top spot for now they've got lots of complain since the high fees are really killing small traders but in due time when updates happened and if this high fees are being taking care for sure it will move back again and will regain those old supporters to use the system again.

LGD2Business

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Ethereum won't die but other coins already takeover. Binance smart chain has 45 times more volume than Ethereum network. Other coins also try to take Ethereum's places and Ethereum developers don't do anything about on-going problems.

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Quote from: Amejoaquim on March 27, 2021, 11:04:37 PM

It would be happen if they dev don't solved this fee problem.

Especially at this time theres a lot of good coins with same concept like DOT and BNB with very good team, it will be so good because of these 2 giants become a real contender for ETH.

If they could they would've done it since long ago but they are also opposed by miner and have some conflict of interests since the dev didn't own eth because it's decentralized.
I personally would prefer if people move over to other blockchain considering all the projects too concentrated in ETH blockchain, this time around people already start migrating to other blockchain like BSC though they are centralized, we need better alternative than BSC honestly.

FIFA worldcup

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Quote from: Sayeds56 on November 18, 2020, 10:28:29 PM

I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.

What makes you think that Ethereum will die ?
The scaling in blockchain means that they are making it better which will further make it adoption and use cases. One of the thing it will improve is that the fee of the network will reduce. So after the scaling Ethereum will become more efficient.

deathcode

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Quote from: Amejoaquim on March 27, 2021, 11:04:37 PM

It would be happen if they dev don't solved this fee problem.

Especially at this time theres a lot of good coins with same concept like DOT and BNB with very good team, it will be so good because of these 2 giants become a real contender for ETH.

Still, too far I think your thoughts come true.
believe me even with the high fees you can still see how ethereum chain trading is still being done.
The cost issue is bothersome, but I'm sure it won't kill ethereum.
ethereum is very strong buddy, a strong foundation will not break easily just because the wind throws the roof of the house.

Amejoaquim

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It would be happen if they dev don't solved this fee problem.

Especially at this time theres a lot of good coins with same concept like DOT and BNB with very good team, it will be so good because of these 2 giants become a real contender for ETH.

santiPOGI

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Quote from: Sayeds56 on November 18, 2020, 10:28:29 PM

I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.

I don't think these three Binance, EOS, Polka Dot can take place the position of Ethereum now or for the coming future.
Because let us admit that ETH at the present time now was being used most of the time when there is a new project that will
rise here in cryptocurrency business. Where BNB, EOS, and DOT can't do it now. Therefore, your thoughts of question is not going
to happen where ETH is going to die, that's not possible to happen anyway.

BaeSuzy

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Nope it won't. Right now, theres a lot of big coins with same concept like eth but at the end of the day i still believe ETH will always be number one. Just wait for ETH 2.0 and Bo0oM it gonna be lit and i think it will make the price of eth rise more than $2k.

Bitcoinislife09

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Quote from: Sayeds56 on November 18, 2020, 10:28:29 PM

I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.

Ethereum will always be the number 2 cryptocurrency and bitcoin as the number 1 it is only going to be an issue if the Ethereum network issues are not going to be solved in the future. The high transaction fees are a big problem in the Ethereum network and if this is not going to be resolve in the future there is a chance that Ethereum is going to die because everything is going to use another network that is better. We have a lot of competitor for the Ethereum network but as long as they doing something they will still going to be a top cryptocurrency in the market there's no way another cryptocurrency is gonna catch up at this moment.

dhemasm

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This is the real problem and issue that ethereum blockchain must fix and resolve or else many crypto enthusiasts whose using their blockchain will shift into a much affordable and convenient blockchain such as binance, elrond and polkadot.

It will be solved soon, Just wait when London Fork happens when EIP-1559 Implemented and ETH 2.0 Launched, It's basically will become a game changer on current structure on Ethereum, Beside that Ethereum community was much bigger for now with tons of contribution and project based on it but yeah for we need alternative until it's happens something like BSC, DOT, TRX, MATIC, etc. For now we just can wait.

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