I think you are too afraid about the future of Ethereum. The problem related to gas fees or wd fees should be resolved by Vitalik in the near future. I believe Vitalik already realize the situation and must have planned the way to fix it. Ethereum is the number 2 top coin after Bitcoin, it must survive. As an old holder of Ethereum, you should know that the power and its potential. Ethereum has a big market cap and many people hold this coin. Ethereum should not so easily die.
Topic: Is Ethereum going to Die? - page 29. (Read 19640 times)
Coin ethereum is a big coin after bitcoin and coin ethereum the day it is the better the possibility that ethereum coin in the future will be even better.
If fee issue cant be solved soon yes, next to no fees on other projects and also faster. Cryptocurrency is moving fast delays are costly.
Could be the start of its downside but I don't see it happening. As we can see, despite the high fees, there are still a lot of transactions being done.But it would be the best thing that will ever happen if they will be able to scale it as soon as possible, thanks to Ethereum 2.0.
The Ethereum 2.0 a fundamental change in structure of Ethereum that means from Proof of work to proof of stakes , the objective of this upgrade is to increase the speed, efficiency, and scalability of the Ethereum network, enabling it to address the bottlenecks and increase the number of transactions, thus ultimate reduction in Gas and Transaction fees. The benefits of Ethereum will not be visible so soon, it is a long story because it will be implemented in phases and due to its complexity, some expert of industry think that there is high risk of delays.
That is the reason why I've said as soon as possible because there's no exact time when it will be finished. And even the developers of it are not telling any exact data when it will be finished.
If fee issue cant be solved soon yes, next to no fees on other projects and also faster. Cryptocurrency is moving fast delays are costly.
Could be the start of its downside but I don't see it happening. As we can see, despite the high fees, there are still a lot of transactions being done.But it would be the best thing that will ever happen if they will be able to scale it as soon as possible, thanks to Ethereum 2.0.
The Ethereum 2.0 a fundamental change in structure of Ethereum that means from Proof of work to proof of stakes , the objective of this upgrade is to increase the speed, efficiency, and scalability of the Ethereum network, enabling it to address the bottlenecks and increase the number of transactions, thus ultimate reduction in Gas and Transaction fees. The benefits of Ethereum will not be visible so soon, it is a long story because it will be implemented in phases and due to its complexity, some expert of industry think that there is high risk of delays.
If fee issue cant be solved soon yes, next to no fees on other projects and also faster. Cryptocurrency is moving fast delays are costly.
Could be the start of its downside but I don't see it happening. As we can see, despite the high fees, there are still a lot of transactions being done.But it would be the best thing that will ever happen if they will be able to scale it as soon as possible, thanks to Ethereum 2.0.
If fee issue cant be solved soon yes, next to no fees on other projects and also faster. Cryptocurrency is moving fast delays are costly.
I think it is very unlikely that Etherum will die, because every day the Inflation value is always in a green light and the possibility of ETH demand could increase drastically. This can also affect the price of other crypto assets because people will also understand more about bitcoin, ETH, and other Cryptocurrencies ...?
It may not happen at any time, as long as the crypto world still survives and trading in every market is always active, ethereum will always follow the price of bitcoin, for now there is a bullishness in bitcoin but ethereum is still in second place after bitcoin, so altcoin will shine if it moves ethereum always exists, the point is ethereum will always exist and will never die from crypto.
Indeed, there are several candidates with similar technology and even quite potential like polkadot, but this is not about replacing or being replaced, but how to move away from mainstream protocols, and I'm sure it's quite difficult because ethereum currently has the most active developer community and almost irreplaceable
Ethereum is the future after Bitcoin as I think. I don't think Ethereum will die. Ethereum is like the right hand of cryptocurrency. So don't give up hope mate
That as you was found on ETH for this market, it is really difficult to have a project replace it because of what Ethereum has done so far. I understand the issues where everyone is satisfied with it, but for a choice to increase production i have full confidence in it. And in fact, ETH has also been personally profitable lately.
That's right, if a new project that still depends on the Ethereum platform intends to beat Ethereum, then it's like suicide, because when the platform they are using dies slowly, their tokens will also experience the same thing, super ridiculous indeed 
If some projects are using that strategy to lure investors then they are just literally dumb. And people should stop promoting these kind of projects by participating the bounty campaigns and share anything related to that campaigns, but these braindead bounty hunters don't really care about this and just thinking about the rewards in the first place. Well said. The only people who are happy with higher Gas fees are miners, rest of all are suffering but this is not good in the long Run for Ethereum Network and if the situation continues likes this Ethereum Network will become a liability. Hopefully, Once Ethereum 2.0 is fully launched, the situation may improve but that remains to be seen.
Miners represent 1% or less of all the users. But if the fee is high, then the other users are going to shift towards coins with lower fee, such as Litecoin and Bitcoin Cash. Also, online retailers who were thinking about integrating Ethereum to their platform would decide to hold their decision. And I am not sure how much ETH 2.0 is going to help. The first phase is already implemented, and I could not notice much of a change.
I do not think that Ether will die and competitors will take its place, since it is already an established altcoin and thousands of projects are already running on its blockchain, possibly after the full launch of ETX 2.0. the situation will improve for the better and commissions will be cheaper
although the launch of ethereum 2.0 has not yet been carried out but now we can see that the price of eth and some altcoins has increased quite high but unfortunately now the gas costs to make transactions are quite expensive and we even have to rethink in selling tokens because the costs can even reach $ 15 to $ 30 right now, and hopefully with the launch of ethereum 2.0 it will solve the problems that have been happening in Ethereum, namely scaling and gas fees, of course ethereum 2.0 will have a much larger capacity to accommodate the number of transactions that occur later. I think that ethereum will never gonna die knowing that many big corporations, instutition and companies are not getting interest in investing in crypto most especially with bitcoin and ethereum. Regarding the gas fee of ethereum I think that ETH 2.0 already did some adjustments just to fixed this problem that the ethereum blockchain is having.
if the gas problem solved. then Ethereum will be impossible to beat by any other project. the Ethereum blockchain itself is a masterpiece, that high gas fee is one thing which making people concerned about that.Still can't compare the many projects out there to Ethereum. made no sense to me until now. You can see how high the ethereum chart continues to grow for the day.
Yes, comparing a new project with Ethereum which is already very strong in foundation and community is very absurd, especially since most new projects also use the Ethereum platform to build their tokens, so it is definitely not a balance to compare.It's very clear that a new project still depends on Ethereum to make transactions on their project. It's ridiculous to beat Ethereum.
It is not possible as long as all new project depending on eth for gas fee.
As long as eth is using as gas fee its deman will be on high all the time.
Because people need it doesn’t matter whether they are trader or hunters. Everyone needs it. Even the new coins need eth to get transferred into investor or hunters wallet.
So its quite impossible for now.
As long as eth is using as gas fee its deman will be on high all the time.
Because people need it doesn’t matter whether they are trader or hunters. Everyone needs it. Even the new coins need eth to get transferred into investor or hunters wallet.
So its quite impossible for now.
I do not think that Ether will die and competitors will take its place, since it is already an established altcoin and thousands of projects are already running on its blockchain, possibly after the full launch of ETX 2.0. the situation will improve for the better and commissions will be cheaper
I think that ethereum will never gonna die knowing that many big corporations, instutition and companies are not getting interest in investing in crypto most especially with bitcoin and ethereum. Regarding the gas fee of ethereum I think that ETH 2.0 already did some adjustments just to fixed this problem that the ethereum blockchain is having.
Unfortunately, it looks as if the adjustments were not good enough. The gas fees is still quite high. A few days back, it was going at 250+ Wei, and now it has come down to 100 Wei or so. Anyway, the users are still afraid that they will again witness sky high fee, such as the one we had in June-July, when the gas fee reached 700 Wei. It is like a double whammy. Both the gas fee and the exchange rate for ETH has risen. So the user ends up paying a much higher amount when translated to fiat currency.
Ethereum isn’t going anywhere. Right now, we are seeing Ethereum on its way to surpass its previous all-time high of $1,384. The only setback of Ethereum right now is the uncontrollable high gas fees, and one of the reasons would be the rise of DeFi projects. For me, Ethereum is not going to die. ETH’s true potential has just begun with the launch of Ethereum 2.0.
Currently on the road to nowhere, price alone is not enough
The fact that if ethereum was offering the usability for its smartcontract to be used for the various purposes. I guess you are aware of the smartcontract being used to create various defi platforms with so many usabilities. People are using ethereum for various purpose. It doesn't mean ethereum is only pegged with its price to gain the trust of the users.
People know that what ethereum is.
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