Topic: Paging for Ethereum experts to answer top questions from the BitKan Chinese comm (Read 108 times)

Top Questions About Ethereum from BitKan’s K Site

1. What is the reason why ETH was changed from a POW consensus mechanism to a POS machine?

We often say that POW is the fairest consensus principle. After changing to POS, the price of mining machines and electricity charges will be lost. What impact will it mean for future generations?

2. Will ETH fork? Will the impact of an ETH fork be as overwhelming as BCH fork?

3. What impact will the Ethereum upgrade have on the DAPP market? Now that EOS and Wavefield's DAPP are very active, will Ethereum break through the current pattern after upgrading?

4. Everyone knows that Daniel Larimer and Vitalik are the souls of the two major public blockchain. Daniel once said that he wanted to engage in new projects and caused a sharp fall in EOS value. Should Vitalik leaves Ethereum one day, will the Ethereum community have the ability to continue to develop the project?

5. From 2017 to 2018, the ETH Smart Contract launched the ICO, which led the wave of thousands of Token developments. ETH can be said to be a great success in the last bull market.

However, we also see that the ETH ecosystem is full of a large number of non-application scenarios, lack of technical team and lack of business logic. How can ETH, despite fierce competition in the space of public blockchains, continue to lead the way and maintain its competitive advantage?