Topic: Vitalik Buterin is ‘Very Confident’ About Ethereum 2.0 Launching Phase (Read 302 times)
September 06, 2019, 05:25:11 PM
Ethereum has been aiming for scalability and I think this might set the path to it if properly done. Also, with this step Ethereum is proving once more that it is the top altcoin and will have the higher chance of growing in price sooner than later. Also, taking a look at what Ethereum team aims to achieve, one will see that it is a good one as only few projects has ever embarked on it which are hardly heard of, thereby with Ethereum succeeding will pave the way for most projects which aims to be based on Proof-of-Stake.
September 06, 2019, 05:03:35 PM
Ethereum though second crypto in terms of market cap has not been doing equally well in terms of it's price. Any measure that would help to boost the price of ethereum would be highly welcome and I think the expected launch of ethereum 2.0 could be such a measure
September 06, 2019, 02:46:20 PM
The launch of the Ethereum 2.0 platform will cement the future of Ethereum, with some of the VCs now openly criticizing the direction the project is taking this add more pressure on the project. Although I believe it now has better chance of success but they need to stop throwing fancy ideas around and deliver
September 06, 2019, 02:42:06 PM
I am also confident about the future of Eth network, i have been a long term hodler and supporter of eth and im sure if we buy and hold decent amount of eth now then next couple of years will prove really fruitful for us personally i have set a target in mind and im sure the patience with eth will pay me big time in coming months.
September 06, 2019, 02:06:19 PM
From what I observe, he is very confident in term of Investment. Yes, Proof of Stake is our future because of its effectiveness and efficiency. But just that, ETH does not improve that much and only moves its consensus into PoS. Even though its transaction speed is faster compared to before, but we can not deny the fact that ETH is getting outdated.
we need advanced technology such as a quantum computer, to increase its usability and performance by a large margin.
we need advanced technology such as a quantum computer, to increase its usability and performance by a large margin.
September 06, 2019, 01:54:08 PM
Proof of Stake coming to Ethereum is an exciting happening, that's for sure.
Very interested to see when and how it will play out.
Very interested to see when and how it will play out.
Vitalik Buterin has a great plan to create a whole-world computer -Ethereum 2. Certainly, he should show confidence, and we see it. Ethereum 2. is supposed to be a decentralized blockchain platform that supports thousands of transactions per second and their processing is cheap and does not require huge energy costs, as it happens now during mining using the Proof-of-Work algorithm.
September 06, 2019, 01:46:00 PM
Quote
As Buterin said, Ethereum 2.0 aims to run ‘tens of thousands of transactions per second’ and he is sure that the new network will facilitate a number of on-chain transactions while maintaining key aspects of decentralization and security.
At the beginning of next year, the launch of the initial phase of Ethereum 2.0 is taking place. On Tuesday, during the 80,000 hours podcast devoted to solving the most pressing problems in the world of cryptos, Ethereum founder Vitalik Buterin delivered a speech in which he commented on this event and shared his ambitious plans for Ethereum.
According to Buterin, he is ‘very confident’ about the launching phase of Ethereum 2.0, however, he is not sure about the incentives that make people use blockchain.
At the beginning of next year, the launch of the initial phase of Ethereum 2.0 is taking place. On Tuesday, during the 80,000 hours podcast devoted to solving the most pressing problems in the world of cryptos, Ethereum founder Vitalik Buterin delivered a speech in which he commented on this event and shared his ambitious plans for Ethereum.
According to Buterin, he is ‘very confident’ about the launching phase of Ethereum 2.0, however, he is not sure about the incentives that make people use blockchain.
https://www.coinspeaker.com/buterin-ethereum-2-0-launching-phase/
Is this enough to say that we may see ETH 2.0 the catalyst for the this altcoin to finally break and have its own path in 2020 regardless of the so called bitcoin block halving?
We all know that there are competitions already that's why ETH is losing so much value in this market. But I think with this news we could very well see it relieving its former glory.
Do you agree?
September 06, 2019, 12:58:48 PM
It should be a banger, otherwise, ETH will not be able to stay on the second spot. The coin is dying and I hope that ETH 2.0 will push ETH forward and bring him back to prices of late 2017. I remember times when ETH supposed to be on top...
September 06, 2019, 12:46:35 PM
Basically this upgrade may spike a good momentum in the breaking of the over due silent Bitcoin has kept the altcoins since it superb dorminance. With this ETH 2.0 many issues which has been slowing the project down will be address. With this my hope of the altcoins coming back to live is visible come 2020.
ETH 2.0 could be the catalyst that we all have been waiting for. It is rescheduled 2020, and prior to the bitcoin block halvening. So there's a chance that before that to happen, ETH will also surge and the timing is going to be perfect for the altcoin market as well to make a bull run coincide with the Bitcoin as well. Although the move is also critical and controversial, (moving to POS consensus), I think this could be the only thing that Vitalik could do at this point 're-create' ETH itself. And after 4 years in the making, it is long overdue, IMHO.
yes maybe this is late, but that does not mean there is no chance anymore. when the POS Consensus has been released later, ethereum will definitely rise. good news The devs ethereum team has given a deadline until early next year. so there is no reason for another delay.
September 06, 2019, 08:05:16 AM
If this is achieved, it is a value added to Ethereum blockchain.
No one, most especially the lovers of ethereum is happy with the recent performance of ethereum. A coin that is supposed to at least by 50% grow independent of bitcoin, is seen to be falling despite the bitcoin uptrend.
However, with this news, I believe that there will be a better outcome, irrespective of the focus on bitcoin.
No one, most especially the lovers of ethereum is happy with the recent performance of ethereum. A coin that is supposed to at least by 50% grow independent of bitcoin, is seen to be falling despite the bitcoin uptrend.
However, with this news, I believe that there will be a better outcome, irrespective of the focus on bitcoin.
September 06, 2019, 07:56:29 AM
[1] I guess when Vitalik open his mouth it will stir confidence on his project
[2] Delays happened, it if took 4 years in the making so be it. At least they have a target date next year so it's sound very positive.
And as I see comments here, it looks like people are still confident that ETH 2.0 will bring the coin to the next level. So let's just hope that despite competitions coming around the backyard of ETH, people behind are doing things specially POS on its environment.
It something gives hope to all the investors. Will it be hoped that doesn't just talk but to be in reality. Investors never get tired of waiting if they have assurance and that's Mr. Vitalik says will be a big help for us not to give up and patiently wait for another year to come and see ETH soaring back again. [2] Delays happened, it if took 4 years in the making so be it. At least they have a target date next year so it's sound very positive.
And as I see comments here, it looks like people are still confident that ETH 2.0 will bring the coin to the next level. So let's just hope that despite competitions coming around the backyard of ETH, people behind are doing things specially POS on its environment.
He is confident of what he says and it gains some respect from the community for sure.
September 06, 2019, 07:40:13 AM
[1] I guess when Vitalik open his mouth it will stir confidence on his project
[2] Delays happened, it if took 4 years in the making so be it. At least they have a target date next year so it's sound very positive.
And as I see comments here, it looks like people are still confident that ETH 2.0 will bring the coin to the next level. So let's just hope that despite competitions coming around the backyard of ETH, people behind are doing things specially POS on its environment.
[2] Delays happened, it if took 4 years in the making so be it. At least they have a target date next year so it's sound very positive.
And as I see comments here, it looks like people are still confident that ETH 2.0 will bring the coin to the next level. So let's just hope that despite competitions coming around the backyard of ETH, people behind are doing things specially POS on its environment.
September 05, 2019, 02:33:16 PM
Basically this upgrade may spike a good momentum in the breaking of the over due silent Bitcoin has kept the altcoins since it superb dorminance. With this ETH 2.0 many issues which has been slowing the project down will be address. With this my hope of the altcoins coming back to live is visible come 2020.
ETH 2.0 could be the catalyst that we all have been waiting for. It is rescheduled 2020, and prior to the bitcoin block halvening. So there's a chance that before that to happen, ETH will also surge and the timing is going to be perfect for the altcoin market as well to make a bull run coincide with the Bitcoin as well. Although the move is also critical and controversial, (moving to POS consensus), I think this could be the only thing that Vitalik could do at this point 're-create' ETH itself. And after 4 years in the making, it is long overdue, IMHO.
September 05, 2019, 02:29:30 PM
ETH me like, but unfortunately we saw that team often violated timeline implementation updates, let us hope, that in this time this not will happen.
September 05, 2019, 01:52:05 PM
Okay so lets start staking after this update I wanna see mine multiply and sell. If all of those who are staking are going to earn a lot of ETH without mining, don't you think the price will keep declining? Though I can see ETH's demand will continue to be increase because of the projects, the fact that it doesn't require mining anymore then its easy for those who earn ETH to sell.
September 05, 2019, 01:50:34 PM
I have to say that they finally have good timing. 
After 4 years of existence critical update will come in a time of Bitcoin halving. Bitcoin halving should bring a new a bull run to the market and if Ethereum is not strong enough, then Ethereum will never see the ATH price again.
After 4 years of existence critical update will come in a time of Bitcoin halving. Bitcoin halving should bring a new a bull run to the market and if Ethereum is not strong enough, then Ethereum will never see the ATH price again. 
September 05, 2019, 01:28:35 PM
He has to be confident, he is the founder after all
It's what many Ethereum supporters and even doubters are waiting for so I will not be surprised if the new network will spark new interest and increase its value in the process. If ethereum 2.0 can really run tens of thousands of transactions per second, I see more start ups using their blockchain.
It's what many Ethereum supporters and even doubters are waiting for so I will not be surprised if the new network will spark new interest and increase its value in the process. If ethereum 2.0 can really run tens of thousands of transactions per second, I see more start ups using their blockchain.
Vitalik is making ETH future ready! He foresees increasing adoption of cryptocurrency in near future and he believes that a major portion of these new adoptions will use ETH chain and smart contract capability to launch their business, so is doing the needful well in advance.
However, my personal opinion is that moving to POS consensus will ruin the value of ETH. Even though I don't know what's exactly is going to happen and I want my opinion to fail because I am also an investor of ETH, but making it easier for the mass to earn ETH will make it less exclusive and thus ruins its value! But it's my personal opinion only and time will show us the reality!
September 05, 2019, 01:27:16 PM
I am really waiting for 2020 to see the vitality that will occur in eth 2.0.
Everyone certainly has hope when the launch of Eth 2.0 can trigger a revival in eth prices.
Vitalik will make people amazed with the extraordinary strategy in ETH 2.0 .
are you ready
Everyone certainly has hope when the launch of Eth 2.0 can trigger a revival in eth prices.
Vitalik will make people amazed with the extraordinary strategy in ETH 2.0 .
are you ready
September 05, 2019, 01:17:52 PM
he should have trusted. otherwise there will be no more people who will believe in ethereum.
we see, whether ethereum will match his prediction. or when approaching the launch there will be a delay?
ethereum 2.0 has been planned for 2017, but until now there is no certainty. will it be the same as in the past, or will this launch really happen.
we see, whether ethereum will match his prediction. or when approaching the launch there will be a delay?
ethereum 2.0 has been planned for 2017, but until now there is no certainty. will it be the same as in the past, or will this launch really happen.
September 05, 2019, 01:03:08 PM
His confidence is the boost for the entire cryptocurrency users who have been following the moves of ethereum. It is a marvel in the crypto ecosystem, but the growth didn't last for a much longer time period.
2018 mentioned to give big growth for altcoins and particularly for ethereum which is the base for altcoins. What's been expected is gonna happen by the falling month. Maybe it looks little complicated and unbelievable, but there is more growth to come with ethereum after the update.
2018 mentioned to give big growth for altcoins and particularly for ethereum which is the base for altcoins. What's been expected is gonna happen by the falling month. Maybe it looks little complicated and unbelievable, but there is more growth to come with ethereum after the update.
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