Topic: PoS vs PoW later this year (Read 397 times)
I personally can't wait to see what will happen when the merger is complete, the devs from ETH have been planning to do this from a few years ago, of course there have been good considerations to execute it, and I feel ETH could get a value above $10k when it happened.
You don't see any projects that can supersede Ethereum? You must have been sleeping over the last couple of years. When comparing TVL, chains like FTM, BNB, and MATIC took billions of dollars from the Ethereum ecosystem because Ethereum was literally unuseable due to gas fees. ETH 2.0 won't change that. When we see another bull market, projects like Fantom and CNDL will have higher returns and gain market share. Remember AOL and Prodigy? Look at what the internet has become now. Nobody talks about AOL and nobody will be talking about Ethereum in a couple years because ETH 2.0 sharding is only data sharding, not transaction sharding, so the chain will stay at 15 TPS. You can't run a world computer at 15 TPS.
I mean just because they took a "share" of the pie, doesn't mean that they could supersede ethereum? Isn't that obvious? I mean look at ETH during all of that time when the fee was super high, the price of eth and marketcap of eth was x10 more than all the projects you listed, some of them combined. That is why there is no scenario where I can see other projects passing ETH in marketcap value.They could take share of the pie and be good, but that doesn't change the fact that it would be a silly idea to imagine they would be higher in marketcap. I personally believe that the best thing we could do right now would be hoping crypto would be getting to a point where ETH would have to go down all by itself.
You don't see any projects that can supersede Ethereum? You must have been sleeping over the last couple of years. When comparing TVL, chains like FTM, BNB, and MATIC took billions of dollars from the Ethereum ecosystem because Ethereum was literally unuseable due to gas fees. ETH 2.0 won't change that. When we see another bull market, projects like Fantom and CNDL will have higher returns and gain market share. Remember AOL and Prodigy? Look at what the internet has become now. Nobody talks about AOL and nobody will be talking about Ethereum in a couple years because ETH 2.0 sharding is only data sharding, not transaction sharding, so the chain will stay at 15 TPS. You can't run a world computer at 15 TPS.
I mean just because they took a "share" of the pie, doesn't mean that they could supersede ethereum? Isn't that obvious? I mean look at ETH during all of that time when the fee was super high, the price of eth and marketcap of eth was x10 more than all the projects you listed, some of them combined. That is why there is no scenario where I can see other projects passing ETH in marketcap value.They could take share of the pie and be good, but that doesn't change the fact that it would be a silly idea to imagine they would be higher in marketcap. I personally believe that the best thing we could do right now would be hoping crypto would be getting to a point where ETH would have to go down all by itself.
I think after POS ETH will pump so hard but the only issue is we have so many ETH killers on the block with various smart chains and multichains connectivity so basically I think that will suck some of the price of ETH and we might no see all the big gains from it
I've been hearing that term about "eth killer", "BTC killer" and other stuff of the same.but I think still 10-15k ETH is on the table for next bull circle Problem right now is the gigantic amount of L1s in the market
Looks high at first glance but thinking that the next bull run would surpass the last one that we've got. It's possible but I am not expecting it to be that close to that price. 
Like bitcoin, a lot of projects claim to be better and will topple bitcoin. Same with ETH, look at the projects that came out later and how many projects claim to be ETH killers and do you see any of them succeed. I still haven't found anyone who can do that.
Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.
That’s basically a selling point, done for marketing and nothing more. "ETH Killer" or whatever words are basically there to do marketing and they do not really believe it. No project believes that they will be bigger than ETH, even the ones that go up, do not believe they could. Hell, ADA team was shocked about passing BNB so much that they didn't even share a single thing about it. Because, they didn't expect such a thing and weren't ready for it.Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.
If you think that there is a coin that could pass bitcoin and ethereum, then you are going to be pretty upset about it. Focus on just top 10, any project that has a start date and top 10 within 2-3 years, is a good one and I would support it, if it’s at top 20 for 5 years and then goes into 10 that usually is not a big change hence why I said 2-3 years.
Pow vs pos, I think both have their own advantage and disadvantage. Btc is a pow coin afaik and eth is said to do a transition. If that's what is planned then maybe it can make eth even better.
After what happened with Luna, everyone should understand that Proof of Stake is a dangerous model.
If there is a loophole in the code or a scenario that makes everything collapse dramatically, this will cause the price to collapse severely in a short time.
Therefore, I see that it will be postponed for as long as possible to make mining profitable, and then it will be switched to proving the property after carefully reviewing the codes.
If one of these steps is rushed, it is the end of most alternative currencies and a correction of more than 70% for the price of Bitcoin.
If there is a loophole in the code or a scenario that makes everything collapse dramatically, this will cause the price to collapse severely in a short time.
Therefore, I see that it will be postponed for as long as possible to make mining profitable, and then it will be switched to proving the property after carefully reviewing the codes.
If one of these steps is rushed, it is the end of most alternative currencies and a correction of more than 70% for the price of Bitcoin.
What happened to Luna doesn't have anything to do with the PoS, the loophole is on their back up asset, and how it works. Ethereum is totally different, thousands of smart-contract backing up Ethereum wont just disappear into thin air. Moreover The issue of Crypto against Environment will make most people prefer PoS rather than PoW.
Like bitcoin, a lot of projects claim to be better and will topple bitcoin. Same with ETH, look at the projects that came out later and how many projects claim to be ETH killers and do you see any of them succeed. I still haven't found anyone who can do that.
Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.
That’s basically a selling point, done for marketing and nothing more. "ETH Killer" or whatever words are basically there to do marketing and they do not really believe it. No project believes that they will be bigger than ETH, even the ones that go up, do not believe they could. Hell, ADA team was shocked about passing BNB so much that they didn't even share a single thing about it. Because, they didn't expect such a thing and weren't ready for it.Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.
If you think that there is a coin that could pass bitcoin and ethereum, then you are going to be pretty upset about it. Focus on just top 10, any project that has a start date and top 10 within 2-3 years, is a good one and I would support it, if it’s at top 20 for 5 years and then goes into 10 that usually is not a big change hence why I said 2-3 years.
I think after POS ETH will pump so hard but the only issue is we have so many ETH killers on the block with various smart chains and multichains connectivity so basically I think that will suck some of the price of ETH and we might no see all the big gains from it but I think still 10-15k ETH is on the table for next bull circle Problem right now is the gigantic amount of L1s in the market
You don't see any projects that can supersede Ethereum? You must have been sleeping over the last couple of years.
Let's wait for Ethereum action because The Merge is only 2 months away.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It is difficult to say what will happen to Ethereum in the future when the transition from POW to POS is completed. However, it can be assumed that those who want to earn on Ethereum will buy it in order to participate in supporting the network and earn on commissions. If at that time the crypto market continues to decline, then the transition from POW to POS will probably not give a special result for the growth of the price of Ethereum, but if the crypto market passes its next bottom and goes up, then this may lead to another flight to the moon and reaching the price of Ethereum new ATH. In any case, this seems to me a more logical development of events, but I can be wrong and everything can be completely different.
Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It is difficult to say what will happen to Ethereum in the future when the transition from POW to POS is completed. However, it can be assumed that those who want to earn on Ethereum will buy it in order to participate in supporting the network and earn on commissions. If at that time the crypto market continues to decline, then the transition from POW to POS will probably not give a special result for the growth of the price of Ethereum, but if the crypto market passes its next bottom and goes up, then this may lead to another flight to the moon and reaching the price of Ethereum new ATH. In any case, this seems to me a more logical development of events, but I can be wrong and everything can be completely different.
Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It is difficult to say what will happen to Ethereum in the future when the transition from POW to POS is completed. However, it can be assumed that those who want to earn on Ethereum will buy it in order to participate in supporting the network and earn on commissions. If at that time the crypto market continues to decline, then the transition from POW to POS will probably not give a special result for the growth of the price of Ethereum, but if the crypto market passes its next bottom and goes up, then this may lead to another flight to the moon and reaching the price of Ethereum new ATH. In any case, this seems to me a more logical development of events, but I can be wrong and everything can be completely different.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
Let's do the math
Lowest price now is $1700 highest $4800 (approx)
Eth 2.0 will kill off 90% of its coin generation (triple halving).
A halving should in theory double the price.
A triple halving is 8x the current price.
So anywhere from $13600 to $38400 per ETH is a sane estimate.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It is difficult to say what will happen to Ethereum in the future when the transition from POW to POS is completed. However, it can be assumed that those who want to earn on Ethereum will buy it in order to participate in supporting the network and earn on commissions. If at that time the crypto market continues to decline, then the transition from POW to POS will probably not give a special result for the growth of the price of Ethereum, but if the crypto market passes its next bottom and goes up, then this may lead to another flight to the moon and reaching the price of Ethereum new ATH. In any case, this seems to me a more logical development of events, but I can be wrong and everything can be completely different.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
Let's do the math
Lowest price now is $1700 highest $4800 (approx)
Eth 2.0 will kill off 90% of its coin generation (triple halving).
A halving should in theory double the price.
A triple halving is 8x the current price.
So anywhere from $13600 to $38400 per ETH is a sane estimate.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
if I had to choose between PoS and PoW, of course I would prefer PoS, because it's very environmentally friendly, not only that, because PoS is a good algorithm and everyone's favorite, and I think Ethereum really does the best for their Holders ,
because now it's not only miners who have passive income
For me.. I think more users will want to use the Ethereum network because they think its more decentralised than other Blockchain of its type. This should make the Ether coin price go higher also. Because they will be more demand for the coin from different kinds of users.
Maybe they haven't been able to raise the price of Ethereum because the current bitcoin price is still cheap.
Among other blockchain blockchains, Ethereum has been very convincing for its users from the past, even though now there are other blockchains such as the BSC Blockchain.
Over time, if the price of bitcoin is back to normal of course the price of Ethereum will also be expensive again like last year.
For me.. I think more users will want to use the Ethereum network because they think its more decentralised than other Blockchain of its type. This should make the Ether coin price go higher also. Because they will be more demand for the coin from different kinds of users.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It is difficult to say what will happen to Ethereum after the transition from POW to POS. As for its price, I think it will depend on the general situation on the market, that is, if the market goes up, then the price of Ethereum will go up, if it goes down, then the price will go down. As for the cost of transactions in the Ethereum network, there is information that the transition to them will not be displayed, which means they will remain at the same level. But something tells me that this transition will not happen until the market passes its bottom, but how it will actually be, time will tell.
Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?
It seems that Ethereum is really having difficulty starting to switch with Proof-of-stake (POS).For me, the only downside of Ethereum is the scalability which POS is their solution for it, but already years passed, and we still don't have it.
For me, it's still a good thing, we will not push if it's still not ready, very risky.
I also don't care with the price right now, if you are really looking for long term, price right now will not matter especially if you are believing to the project.
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