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Friend, don't be too upset with ethereum because of this bad market. Be patient and stay calm, ethereum is the best altcoin and it will be possible for ethereum to rise up and have a high price.
Topic: what is the state of ETH now in terms of scalability? (Read 375 times)
Sadly, scalability is still an issue in the ethereum blockchain but let us not forget that the king of Cryptocurrencies (Bitcoin) also faves such issues as well but with time, I think it would be a problem of the past.
So far, there are problems with scalability in both Bitcoin and ethereum. When in other promising coins the level of scalability is tens and hundreds of thousands of transactions per second, then in ethereum - 15, and in Bitcoin - 7. The leaders of cryptocurrency have already begun to move away from other cryptocurrencies. After the expected improvements in ethereum in mid-January, ethereum's scalability will improve significantly, but it is not yet clear how much. Earlier, they wrote that the Plasma project involved hundreds of thousands of transactions per second for ethereum, but so far there are no exact numbers.
I somehow do not recall any particular problems with Ethereum scalability , perhaps this problem will arise in 2019, since the new system will improve, and its performance remains questionable.
Now with the scalability of the Ethereum, things are quite deplorable, due to the fact that we do not see any movements in this direction. If earlier they were interested in this problem, now they are not
we need to know is scalability is the inability of a blockhain network system the number of excessive transactions together I think like bitcoin also has the same problem. but in january 2018 I read an article where doge and ethereum worked together namely trubeit to solve scalable calculations on blockhain
ETH will resolve it`s issues with scaling with the upcoming upgrades called Serenity. The next upgrade will be mid January 2019 with Constantinople hard fork. It will soften the transition from POW to POS consensus algorithm.
Ethereum 2.0 is on the way and it is renamed to "Serenity". Vitalik presented on the conference in Prague
the upcoming development upgrades and it seems the scalability issue will be solved as they are expecting
x1000 higher scalability. One of the expected features is the pure POS consensus as well.
That's exactly what ether as a coin dies, and new forks are being developed, where they solve the problem of scalability. Vitalik goes in the wrong direction, this is the path to nowhere.the upcoming development upgrades and it seems the scalability issue will be solved as they are expecting
x1000 higher scalability. One of the expected features is the pure POS consensus as well.
how are you so sure that Vitalik is in the wrong direction? have you done something already like what Vitalik did in the crypto world? maybe he's seeing something different than what ordinary individuals can. the very reason how he created the ethereum platform. he had visions that no one can think of yet. let's see...
The Ethereum Hardfork in 2019 promises to bring about some good innovations but let us keep our hands crossed till it happens, I believe in the future of ethereum and j believe that the developers has big plans for it's future, the scalability issue might be soon relegated to the past
Sadly, scalability is still an issue in the ethereum blockchain but let us not forget that the king of Cryptocurrencies (Bitcoin) also faves such issues as well but with time, I think it would be a problem of the past.
Ethereum's scalability problem at the moment is based on their new project, which everyone is waiting for and which they can't launch. So it all depends on the desire of developers.
Now the state of Ethereum can be said to be average. But I like many investors rely on the most positive changes and now I think that they will be possible after a short period of time
I haven't been following the eth news but heard some negative stories about its scalability problem and there are better coins i.e. EOS. Is it true? There has been also talk about POS type verification which apparently not happening yet. Difficulty has dropped substantially looking at difficulty graph at bitinfocharts. Any news worth hearing in regards to technical development and progress? Thanks.,
The scalability issue has been the main focus of the ethereum developers since a year ago or even more. But the major upgrade will happen in 2019 which is Constantinople hard fork at block 7,080,000. The fork comprises five set of EIPS (Ethereum Improvement Proposals) to be released in order to smooth the transition prosess from PoW to PoS consensus algorithm. This will include the solution to the scalability issue. Well, we can only wait for it.
I think EOS can cause more attention because ERC-20 has too many scams, which makes many investors and hunters lose confidence in Ethereum!
I do not like the state in which all crypto-currencies are in, let alone Ethereum. I think we just have to wait a little bit and then everything will be really super cool. That's normal for me.
Don't count on Ethereum's technological breakthroughs. The price of Ethereum is related to Bitcoin. Only Bitcoin will rise to Ethereum before it can rise. Now Ethereum is facing danger. This decline will make many altcoins disappear.
Instead of arguing, here are the main technical diff: https://coincentral.com/ethereum-vs-eos/
spent few minutes and my digest:
eth:
+true decentralization
+more popular
+/-language solicity is not everyday programmer's tool but not hard to pick up either
-slower
eos:
-/+21 nodes process instead of 1000-s nodes so here are their key to scalability
-not decentralized
-not as popular as etherium
If eth2.0 can really solve both the problem of decentralization and scalability, it will beat the EOS and retain its king of dapp position, i think.
casper protocol - enabler of POS
plasma - bitcoin equivalent of lightning network
spent few minutes and my digest:
eth:
+true decentralization
+more popular
+/-language solicity is not everyday programmer's tool but not hard to pick up either
-slower
eos:
-/+21 nodes process instead of 1000-s nodes so here are their key to scalability
-not decentralized
-not as popular as etherium
If eth2.0 can really solve both the problem of decentralization and scalability, it will beat the EOS and retain its king of dapp position, i think.
casper protocol - enabler of POS
plasma - bitcoin equivalent of lightning network
Well i personally think that january, febuary and even march will be the months of eth dominance and it will attract huge volume and investments due to upgrades, scalability solutions, switch to pos algorithm all these are big enough developments that cannot be ignored and i think eth will not only get the limelight but also hype and fomo due to these upgrades resulting in surge of price so now is the best time to buy and hold more and more eth.
ETH currently cannot be used as a role model, but that does not mean there is an altcoin that is better than ETH, such as the XRP which has taken second place, but I am sure the ETH condition will recover soon and take its position again
I haven't been following the eth news but heard some negative stories about its scalability problem and there are better coins i.e. EOS. Is it true? There has been also talk about POS type verification which apparently not happening yet. Difficulty has dropped substantially looking at difficulty graph at bitinfocharts. Any news worth hearing in regards to technical development and progress? Thanks.,
For now everycoin's future just based on the bitcoin price improvement because most of the time people uses bitcoin as reference to invest on any crypto currencies and the technical feature of any coin is not a matter to the crypto investors and traders just because we are here to make money from the crypto currencies.
Scalability is still crap on ethereum, if it doesn't recover soon then expect to be taken over by tezos or cardano. These are built up from zero and have major funds to develop it properly
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