If you focus on the goals of the project that they set for themselves, then we can say that the ETH project is switching to POS and was trying to reduce the price per transaction, just trying to increase the speed of transactions, so now it's still better to use it.
It will not be moving toward full POS system, it has stated in the Serenity whitepaper if ethereum will try to use hybrid POS combined with POW system which still allow the miners to mine ethereum in the Network to keep it decentralized. 
Topic: What will happen after ETH goes POS? (Read 612 times)
If you focus on the goals of the project that they set for themselves, then we can say that the ETH project is switching to POS and was trying to reduce the price per transaction, just trying to increase the speed of transactions, so now it's still better to use it.
You should have not worry because ethereum has already a good system. If they will going to.have an upgrade with their system then you can be notice it with the users here in the forum that will be most likely to talk about crypto news and update that may going to.affect crypto market price movement. Relatively if ETH will going to have a hard fork then definitely market price for the crypto will be affected and users or investors will keep whinning until you will going to.notice it.
I think ethereums biggest problem was the owners of ICO and Dapp and so forth selling the ethereums they have to get profits and so forth.
After you do an ICO and people give you millions of dollars in ethereum to make the coin bigger what would be your next logical step? You would sell ethereum to fund the project and make the things you promised a reality. After that? You keep on selling to pay for expenses, salaries, advertisements and marketing. Hence ethereum had that problem.
However, thanks to this new staking system all these cryptokitties like dapps and all the new ICO and STO things will be getting ethereum and keeping it in their wallet as much as possible to stake as much as they can and make money without selling them. Even if they do they will try to just sell the interest.
After you do an ICO and people give you millions of dollars in ethereum to make the coin bigger what would be your next logical step? You would sell ethereum to fund the project and make the things you promised a reality. After that? You keep on selling to pay for expenses, salaries, advertisements and marketing. Hence ethereum had that problem.
However, thanks to this new staking system all these cryptokitties like dapps and all the new ICO and STO things will be getting ethereum and keeping it in their wallet as much as possible to stake as much as they can and make money without selling them. Even if they do they will try to just sell the interest.
I think that the price will have to go down, because now the price contains the price, which is also formed from mining, this is just my assumption, everything could be different. As they say, wait and see.
All ETH miners will no longer have jobs. And maybe they will give up all and the ETH price might drop after the hard fork is completed. that's my fear for ETH when it moves to POS
Why won't they have a job ? there are other coins on the market that also have a perspective , I do not think that the transition to pos will affect the price in a negative moment, I think there will be growth 
After Ethereum POS, there would be no new coin created. The upgrade will improve the ethereum blockchain and will make it more efficient and faster.
As far as I am concerned, POS algorithm has nothing to do with efficiency and faster from POW. I mean to say both POS and POW are equally efficient and faster. But, after POS will be implemented into etehreum network, I am expecting more people start mining by holding large number of ethereum which will be leading to huge price increase in coming months. I'm eagerly waiting for ethereum to adopt POS.All ETH miners will no longer have jobs. And maybe they will give up all and the ETH price might drop after the hard fork is completed. that's my fear for ETH when it moves to POS
I do not think that miners will be holding large number of their own mined ethereums. Usually miners will go for selling their mining rewards time to time so that they are able to cover their mining costs. There will be very less possibility for dumping once ethereum will be entering into POS mode of mining. 
All ETH miners will no longer have jobs. And maybe they will give up all and the ETH price might drop after the hard fork is completed. that's my fear for ETH when it moves to POS
From what I see, Ethereum will have to Hard Fork to switch to Proof of Stake. This means your Ethereum should be duplicated between the PoW Eth and PoS Eth, as long as your Ethereum is in a personal wallet and not on an exchange. Though I'd imagine the PoW Eth isn't going to be worth as much after the fork.
Yes, the update might change the value of Eth basically, the mining will be transaformed from Proof of Work to proof of stake. I guess it will benefit the miners too much and I am just curious about why Binance is supporting the upcoming Ethereum constantinople hardfork when you say the Ethereum should be on personal wallet and not on exchange wallets?
If ETH POW and ETH POS exist, this will be beneficial to ethereum. Many investors will choose Ethereum and will certainly positively affect the price of Ethereum. Ethereum will remain the same currency, we do not have to worry, only the algorithm will change.
POS can effectively suppress people's dumping tendency and reduce mining costs, but POS still can't avoid centralization. It may lead to the birth of another new type of whale. In fact, it is even more prone than POW whales.
And in the process of POW to POS conversion, there will probably be many boycotts from miners, their mining machines will be invalid, which is a big loss.
And in the process of POW to POS conversion, there will probably be many boycotts from miners, their mining machines will be invalid, which is a big loss.
From what I see, Ethereum will have to Hard Fork to switch to Proof of Stake. This means your Ethereum should be duplicated between the PoW Eth and PoS Eth, as long as your Ethereum is in a personal wallet and not on an exchange. Though I'd imagine the PoW Eth isn't going to be worth as much after the fork.
Proof of stake ( pos) is the future of all cryptocurrency and we should all Be glad it is here because for a while Now Proof of work (pow) hasn't been work as we except, Pos is faster, energy saving and miners would make more profit and as long has you have your ETH in your private Wallet and not exchange wallet after the Snapshot you would get some percentage of the new Eth in your wallet 
I dont know about ethereum become POS because i think its good for ethereum keep to be POW coin. But i dont understand about this hard fork. I am just hoping with this constantinopel, ethereum price can recover again at least back to above $300 
That's why we need a change or an upgrade, with this things, we hope it will turn to the positive side.Now, ETH is one of the most profitable coin if you invested last month, it has slowly rise and we will surely be back above $300 in time which is this year.
I dont know about ethereum become POS because i think its good for ethereum keep to be POW coin. But i dont understand about this hard fork. I am just hoping with this constantinopel, ethereum price can recover again at least back to above $300
I think that Ethereum will not soon switch to PoS. It is difficult for me to predict what the market will be like and how it will affect the Ethereum. If the update is successful, it should benefit the Ethereum, but I’m not sure that this will lead to an increase in prices.
After Ethereum POS, there would be no new coin created. The upgrade will improve the ethereum blockchain and will make it more efficient and faster.
Hi guyz, happy new year.
Do you know how many Eth would be necessary to run a "node" in order to stake, 5% return inv. per year as?
Tia.
According to some discussions and you will need at least 32 ethereum to stake it in the ethereum network. How much return depends on the how much ethereum that you have staked it to the network, as far as i know you will get a stake wallet and then there will be a lock-up period for your ethereumDo you know how many Eth would be necessary to run a "node" in order to stake, 5% return inv. per year as?
Tia.
32, thank you Jeff, I have seen info about it since, do you know when this could occur, any estimation, tia.
Pretty cool article not mentioning eth staking tho : "https://coinswitch.co/news/ethereum-hard-fork-jan-19-know-everything-about-3-upcoming-eth-hard-forks" 05 January, 2019.
It has stated in serenity article created by vitalik if 1250 ether is needed to become a validator in the POS casper but i don't know if the increases price of ethereum will affect how much needed to become a casper validator. and 1500 if you are reading EIP1011. But about which will use still not yet determined.
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As far as I know the miners will be drastically affect on the upcoming Ethereum hard fork due to the decreasing of block rewards but the network will run much smoother and faster compare to its current system.
Hi guyz, happy new year.
Do you know how many Eth would be necessary to run a "node" in order to stake, 5% return inv. per year as?
Tia.
According to some discussions and you will need at least 32 ethereum to stake it in the ethereum network. How much return depends on the how much ethereum that you have staked it to the network, as far as i know you will get a stake wallet and then there will be a lock-up period for your ethereumDo you know how many Eth would be necessary to run a "node" in order to stake, 5% return inv. per year as?
Tia.
32, thank you Jeff, I have seen info about it since, do you know when this could occur, any estimation, tia.
Pretty cool article not mentioning eth staking tho : "https://coinswitch.co/news/ethereum-hard-fork-jan-19-know-everything-about-3-upcoming-eth-hard-forks" 05 January, 2019.
To be honest, it seems to me that this, on the contrary, will improve the ETH project, because it will speed up the process of transporting coins, as well as it will obviously reduce the commission, I hope that this will happen.
Well, hopefully our expectation will be realize with the upcoming upgrade. What I only want for ETH is a faster transaction and cheaper fee, so far, with the current system, the speed is acceptable but the fee is high.
To be honest, it seems to me that this, on the contrary, will improve the ETH project, because it will speed up the process of transporting coins, as well as it will obviously reduce the commission, I hope that this will happen.
Fork is another word for update. In cryptocurrency community, developers will rather use the word fork. The ethereum fork is not a Chaim split rather, it is an update on existing ethereum system, which mean all coin are going to be updated, nothing changes!
The current coin will do, nothing depreciates.
With peace of mind, I buy coins for my portfolio.
With peace of mind, I buy coins for my portfolio.
Sorry for the newbie questions, but from a purely ETH investing point of view, is there anything I need to worry about or do before/after the switch the POS?
I want to invest in the most updated version of Ethereum supported by Vitalik.
I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?
I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...
I want to invest in the most updated version of Ethereum supported by Vitalik.
I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?
I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...
You don't need to worry that there will be no new eth coins even though the POS has been released later. this will only make ethereum more perfect because it has a hybrid system POW and POS. many think if ethereum has already run POS, there will be many people who buy and hold ethereum. the result will make the demand goes up and I think so too
I think that ETH is not a good thing to turn to POS. There will definitely be many manufacturers of mining machines coming out to block it.
Hi guyz, happy new year.
Do you know how many Eth would be necessary to run a "node" in order to stake, 5% return inv. per year as?
Tia.
According to some discussions and you will need at least 32 ethereum to stake it in the ethereum network. How much return depends on the how much ethereum that you have staked it to the network, as far as i know you will get a stake wallet and then there will be a lock-up period for your ethereum Do you know how many Eth would be necessary to run a "node" in order to stake, 5% return inv. per year as?
Tia.
I think, ETH demand will increase and available supply will decrease since staking is incentivized. Increase demand + decrease supply = increase price
I really don't see Ethereum becoming a Proof of Stake token but nothing in this industry is impossible. As with every potential proof of stake token, it will encourage more investors to purchase and hold ETH since it will be a win-win situation for holders. More investors will mean more investments leading to price appreciation and good yields for holders. The rate of growth of Ethereum could also increase with this move.
Hi guyz, happy new year.
Do you know how many Eth would be necessary to run a "node" in order to stake, 5% return inv. per year as?
Tia.
Do you know how many Eth would be necessary to run a "node" in order to stake, 5% return inv. per year as?
Tia.
We are all to the expectation, definitely pos is a better system than pow, is much more eco-friendly and also gives better rewards, so welcome, the most common in this type of forks is to give you the same amount of coins so virtually you will have coins in two ETH, unless the consensus is complete and the fork is not done.
Sorry for the newbie questions, but from a purely ETH investing point of view, is there anything I need to worry about or do before/after the switch the POS?
I want to invest in the most updated version of Ethereum supported by Vitalik.
I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?
I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...
I want to invest in the most updated version of Ethereum supported by Vitalik.
I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?
I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...
Ethereum will remain the same, only the method of its extraction will change. If I were you, I would not worry too much about this. For over a year there has been talk of switching to POS mining, but nothing has been done yet for this.
I think that is the indispensable trend, and make the holder more ETH. The present miner is gradually abandoning the ETH exploitation because it does not bring the cost of profit as before
there is no another coin would emerge the update will include several features and one of them is adding POS protocol and the impact on The Price of ETHEREUM will be positive as we think/hope.
By upgrading Etheruim will have POS algorithm which will reduce the power consumption rather than POW algorithm, and you will be able to stack ethers you have and get rewards, but we don't know how profitable it would be.
I think PoS is an attempt to solve this problem by abstracting the mining process and applying its functions to locked contracts. PoS along with mining can drastically reduce barriers to entry into mining so keeping mining far more decentralized, environmentally friendly and more measurable.
I believe there won't be another coin after the fork. Even if there is a split, you will get them both because you own the version before the fork happens.
All I know is that's what really happens whenever a coin is fork, so we will have another coin on a wallet that we have eth I don't know much about the transition if this is going to be bad or good for the community but hey this is free money and who would not want a free money.
i think there is a very good chance that we end up seeing 2 coins in the end. probably ETH and ETHPoS coins. i say this because unlike other forks this fork is eliminating miners altogether and miners aren't known to go away that easily specially now that ETH ASIC miners are starting to grow. they will resist this fork and prevent it from happening.
I also agree that miners will resist. But unlike Ethereum on POW, Ethereum on POS will be supported and developed by the project team. And ultimately, only ETH will have a future at the POS.
Sorry for the newbie questions, but from a purely ETH investing point of view, is there anything I need to worry about or do before/after the switch the POS?
I want to invest in the most updated version of Ethereum supported by Vitalik.
I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?
I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...
i know tat ethereum is in its hard times right now but i tend to believe that it wipl cope with everything onnits way I want to invest in the most updated version of Ethereum supported by Vitalik.
I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?
I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...
i think there is a very good chance that we end up seeing 2 coins in the end. probably ETH and ETHPoS coins. i say this because unlike other forks this fork is eliminating miners altogether and miners aren't known to go away that easily specially now that ETH ASIC miners are starting to grow. they will resist this fork and prevent it from happening.
I also agree that miners will resist. But unlike Ethereum on POW, Ethereum on POS will be supported and developed by the project team. And ultimately, only ETH will have a future at the POS.
The transition of Ethereum to POS is not a hard fork. will not appear new coin. Ethereum will remain the same coin, just the algorithm for the mining of this coin will change.
it's too early to worry, because if that happens then the developer will give an announcement about it and there are many new threads discussing it here. don't be afraid your coins will be outdated, because it will be a trending topic and we can see news about it everywhere.
i think there is a very good chance that we end up seeing 2 coins in the end. probably ETH and ETHPoS coins. i say this because unlike other forks this fork is eliminating miners altogether and miners aren't known to go away that easily specially now that ETH ASIC miners are starting to grow. they will resist this fork and prevent it from happening.
I think they have planned a systematic and algorithmic upgrade that will change eth from pow to pos but im not sure whether as a result of this upgrade a new coin will be created or not, i personally do not want a new one and hope this same eth will be adjusted accordingly.
At the moment there is no final decision on this. I think that the Ethereum team needs to think very well before making such a decision, too much depends on it. Now on the blockchain Ethereum about 98 percent of all projects, and if something happens to the project, it will be a huge fall in the market. Now there are practically no projects on the ethereum blockchain that can show the finished product and the users who use it, so the price of tokens depends on the price of ethereum.
Frankly I was optimistic about BCH fork , but now after hash war I get frightened from any upgrade, so I will not be in Ethereum until they finish then I would see the proper entry.
I believe there won't be another coin after the fork. Even if there is a split, you will get them both because you own the version before the fork happens.
just like any hard fork, this one is also very risky. that is why they are always undesirable in a system like this. i wouldn't touch ETH during that time unless i see some really big pump going on which means there can be a lot of profit in that pump. in that case i would buy some on exchanges, keep it there and sell it fast to get the profit out in case there was a big crash afterwards and the pump was an exit scam.
as for ETH-POW and POS, we can't predict what happens now. we may end up seeing miners remain on the main chain and keep ETH alive and say they don't want PoS. and since miners are controlling Ethereum you may end up with 2 sets of coins which you can sell and enjoy the profit.
as for ETH-POW and POS, we can't predict what happens now. we may end up seeing miners remain on the main chain and keep ETH alive and say they don't want PoS. and since miners are controlling Ethereum you may end up with 2 sets of coins which you can sell and enjoy the profit.
Sorry for the newbie questions, but from a purely ETH investing point of view, is there anything I need to worry about or do before/after the switch the POS?
I want to invest in the most updated version of Ethereum supported by Vitalik.
I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?
I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...
I want to invest in the most updated version of Ethereum supported by Vitalik.
I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?
I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...
You don't need to worry about the developement step of Ethereum from POW into POS if you are holding it. This switch is automatic and the thing that you need concern is to should contribute stake or not
we dont know what will happen sometimes its bad and sometimes its good, but what i experience before is that pos, sometimes drag the price down,
but as we know of ethereum it will not go down without a fight so best of luck for all of us hopefully , this will bring better news in a few days
but as we know of ethereum it will not go down without a fight so best of luck for all of us hopefully , this will bring better news in a few days
I don't think there will be a chain split. This has been in the roadmap for a long time and any supporters of ETH should already be on board. I can't wait... proof of work is just a wasteful algorithm that destroys the environment.
that i believe will be another breakthrough for the ethereum blockchain as loads of people will have to go for more ethereum and you surely know what happens when the demand get very high it positively affects the price for the ethereum team and then finally gives ethereum a new all time high in price an appreciation
From what I see, Ethereum will have to Hard Fork to switch to Proof of Stake. This means your Ethereum should be duplicated between the PoW Eth and PoS Eth, as long as your Ethereum is in a personal wallet and not on an exchange. Though I'd imagine the PoW Eth isn't going to be worth as much after the fork.
You mean we will have 2 eth one pow and one pos
Is this confirm.
Or the eth will change from pow to pos
If this is the case then that is not hard fork in the real meaning it will be soft fork.
Abd 1eth will stay 1 eth
So I guess that means my public/private address will also exist in the new Ethereum coin, and probably Trezor devices will have an option to use Eth Classic, Eth POW, and Eth POS.
But how would I tell my Trezor to use POS coin, under the existing POW address?
Also, what's stopping me from selling my POW coins and adding them to the duplicated coins in my POS address?
But how would I tell my Trezor to use POS coin, under the existing POW address?
Also, what's stopping me from selling my POW coins and adding them to the duplicated coins in my POS address?
From what I see, Ethereum will have to Hard Fork to switch to Proof of Stake. This means your Ethereum should be duplicated between the PoW Eth and PoS Eth, as long as your Ethereum is in a personal wallet and not on an exchange. Though I'd imagine the PoW Eth isn't going to be worth as much after the fork.
Sorry for the newbie questions, but from a purely ETH investing point of view, is there anything I need to worry about or do before/after the switch the POS?
I want to invest in the most updated version of Ethereum supported by Vitalik.
I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?
I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...
I want to invest in the most updated version of Ethereum supported by Vitalik.
I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?
I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...
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