Topic: What will happen with eth 2.0. releasing? Lower fee? - page 2. (Read 337 times)
ETH lovers now have only one expectation and that is the lower fee of ethereum network. And Ethereum developers are trying their best to reduce the fees of Ethereum network. That is why they have done some development. But so far they have not been effective. We hope that further development will reduce the fees of ethereum network.
Hi, do you expect big changes after eth 2.0. come, when will that happen?
yes, everyone hopes 2.0 will solve the fee problem on the ethereum network. but when this could happen, is still unknown. so far they are only in the testing phase and there is no sign of it being rolled out any time soon. I'm afraid by the time they launch ethereum 2.0, most users have already switched to another platform. and this became my fear for the future. when users switch ethereum it is difficult to find the momentum and may end up enduring the same fate as other less fortunate platforms. forgotten and difficult to return to where it should be.
Lower fee is of course the expectation of ethereum users, I haven't sent ethereum since 2 years because the transaction fee is more than $5, with TRON or BNB we can send cryptocurrencies for under $1. if it is still expensive then ethereum will be abandoned by users.
Hi, do you expect big changes after eth 2.0. come, when will that happen?
In general, everyone always expects a big change in terms of transaction fees on the Ethereum network, regardless it can happen on ETH 2.0, obviously the expectation is like that and now I think ETH 2.0 is there, but the problem with the amount of transaction fees on the Ethereum network I see no significant change. I don't believe in lower fees for ETH. The Berlin-upgrade was supposed to result in lower fees, but this has not happened. In fact, the upgrade is currently burning more ETH than new ones are being mined, so we have deflation at the moment. The price is positively supported by this, but the fees also cost significantly more when converted into fiat.
Don't get me wrong, I would like to see significantly lower fees, but I don't see it being realistic.
In order to reduce the commission for transactions in the ethereum network, you still need to wait a while. The improvements made in the framework of Ethereum 2.0 have not yet fundamentally resolved the issue of transaction costs. This will happen later.Don't get me wrong, I would like to see significantly lower fees, but I don't see it being realistic.
I keep my ethereum and I am sure that after the update this coin will increase manifold in its popularity and price.
ETH 2.0 upgrades are on the way, however no one knows for sure when the full upgrades will happen. In theory, the built ETH 2.0 will overcome disadvantages such as transaction speed, fees reduction, upgrades compared to the current model including moving to proof of stake (PoS) and sharding. However, there have been many opinions and comments that even when ETH 2.0 launches, it will not solve all those problems. I hope that this upgrade will fix the current high transaction gas fees
Hi, do you expect big changes after eth 2.0. come, when will that happen?
probably still as is, because as you can see after the fork many people expecting for changes but seems the same wherein still expensive.. Well to be honest it's not surprising why these is happening to ethereum since its the common way of making transactions using ERC20, that's why the network itself is experiencing a high volume of transactions until now. Hi, do you expect big changes after eth 2.0. come, when will that happen?
After the ethereum2.0 ,huge changes happened in the ccryptocurrency market.Binance smartchain making huge changes in the flow of cryptocurrency.After huge free for the Ethereum,new motivation happens in the market.This made the binance team to launch the smart chain for the transation.The important factor is,it also support the flow of usdt in the market.Which is essential in the cryptocurrency.
I know many aren't prepared to see this but ETH will suffer if 2.0 gets here without PoW algorithm, I hope vitalik buterin makes a good decision, yea they plan to put aside pOW for PoS algorithm but I'm sure many new problems will come up and that will hurt the project
Can you elaborate? What problems are you expecting?
I don't believe it will happen, Eth expensive transaction fees will remain a burden for its remaining users soon it will be felt by the network because many Ethereum users/developers are already leaving the network that's why I believe that there is no change will happen on Ethereum even if the Full implementation of Eth 2.0 will be finish.
Any source for that? I think we arenr sure how eth 2.0 will work out but we should wait and see what could be the possible outcome when its already happened. I dont think judging too early is gonna help the problem. Scaling isnt an easy task. Maybe other chain could sound it very easy but that is because their users arent the same in number on eth. We all knew that many has been using eth network and that is a fact survive by them. Anyway Im excited when eth 2.0 really come soon. 
The current limitation on the erc20 network is a real challenge for Ethereum developers. And ETH 2.0 was created to fix issues like scaling, and I'm sure the gas + speed fees are just a matter of course that will come with that update.
Anyway it is still the top altcoin and one of the most favorite coins right now, personally I don't have too many problems with it because I just invest not much care about the technology it meets, because its position is already too large in this space. And it's just a matter of how to make it better.
Anyway it is still the top altcoin and one of the most favorite coins right now, personally I don't have too many problems with it because I just invest not much care about the technology it meets, because its position is already too large in this space. And it's just a matter of how to make it better.
I don't believe in lower fees for ETH. The Berlin-upgrade was supposed to result in lower fees, but this has not happened. In fact, the upgrade is currently burning more ETH than new ones are being mined, so we have deflation at the moment. The price is positively supported by this, but the fees also cost significantly more when converted into fiat.
Don't get me wrong, I would like to see significantly lower fees, but I don't see it being realistic.
High transaction fees have always been a prominent issue for ethereum in the long run, the recent London update also failed to resolve the issue. Everyone is looking forward to the biggest ETH upgrade ever. If ETH doesn't improve gas fees, ETH will soon be defeated and replaced by another alt. Because ETH transaction fees are very high, I have switched to using BSC instead of ETH now. I hope ETH will fix the problem soon, ETH is still my favourite coin.Don't get me wrong, I would like to see significantly lower fees, but I don't see it being realistic.
I do agree that we haven't seen low gas fees under ETH network. But I strongly believe that it is one of the aim of the ETH dev team. I don't think they are sitting with this long running prob now that they are seeing a lot of projects are being built in their competitors' network. I am still hoping that very soon we will see economical fees in ETH network.
Hi, do you expect big changes after eth 2.0. come, when will that happen?
I don't see EIP that was discussing about increasing the blocksize. Im sure that you will not be seeing lower fee in ethereum again. The only choice to increase the block size or it will still remain to be the most expensive blockchain right now. Another blockchain has been increasing its blocksize while ethereum was still getting stuck with its POS. No one know when that will happen but you can read some new EIP and if there was an EIP that said will be increasing the blocksize and it must be supported. London hardfork was making the fees even expensive than before. EIP needs to be approved by miners and this will also extend or give another delay for the implementation of EIP. Ethereum community was debating about this in the past https://cointelegraph.com/news/ethereum-community-debates-raising-the-block-size-limit-once-again 
I don't believe in lower fees for ETH. The Berlin-upgrade was supposed to result in lower fees, but this has not happened. In fact, the upgrade is currently burning more ETH than new ones are being mined, so we have deflation at the moment. The price is positively supported by this, but the fees also cost significantly more when converted into fiat.
Don't get me wrong, I would like to see significantly lower fees, but I don't see it being realistic.
High transaction fees have always been a prominent issue for ethereum in the long run, the recent London update also failed to resolve the issue. Everyone is looking forward to the biggest ETH upgrade ever. If ETH doesn't improve gas fees, ETH will soon be defeated and replaced by another alt. Because ETH transaction fees are very high, I have switched to using BSC instead of ETH now. I hope ETH will fix the problem soon, ETH is still my favourite coin. Don't get me wrong, I would like to see significantly lower fees, but I don't see it being realistic.
Hi, do you expect big changes after eth 2.0. come, when will that happen?
After that fork then lots had anticipated that the fees would be going down but we havent seen that one but instead it did really stay up high for a while or even up to this moment.So it was really just for the sakeof burning and not literally affecting or resolving those high gas fees issues?
For now i've been skipping on making use of erc20 transactions due to this very common reason and for sure other people too had the same problem and came up with common solution which is to
make use of another coins when making up transaction.
Its never been feasible nor ideal on making use this for now and there are more better alternatives.
what will happen with the arrival of eth 2.0? first of all it will no longer be possible to mine eth in the current way, traditionally it will pass from pow to pos that means we can only earn with commissions,fees from nodes but it takes 32 eth to put on a node so i believe that pools will be born, finally i hope that the transaction fees will be reasonable again, ie a few cents
I don't believe in lower fees for ETH. The Berlin-upgrade was supposed to result in lower fees, but this has not happened. In fact, the upgrade is currently burning more ETH than new ones are being mined, so we have deflation at the moment. The price is positively supported by this, but the fees also cost significantly more when converted into fiat.
Don't get me wrong, I would like to see significantly lower fees, but I don't see it being realistic.
Even i do support your sentiment, their upgrade was supposed to help in lower fees but there is no change in that till now and they entire migration of POW to POS might be their plan altogether so that there will be only few nodes and they might be expecting the fees to come down drastically but with the way things are going even i doubt that it will be sorted like they plan. Don't get me wrong, I would like to see significantly lower fees, but I don't see it being realistic.
Even i want to see the price going down because the amount of fees some of the users shell out to purchase some of the NFT is far greater than the NFT itself and for the fans i want to see the fees going down or the project migrating to other chains.
So facts are that we still dont have any date when will 2.0. be released, And also big question is will it have positive impact on eth transaction fees. Thanks for your answers and opinions.
Hi, do you expect big changes after eth 2.0. come, when will that happen?
I don't believe it will happen, Eth expensive transaction fees will remain a burden for its remaining users soon it will be felt by the network because many Ethereum users/developers are already leaving the network that's why I believe that there is no change will happen on Ethereum even if the Full implementation of Eth 2.0 will be finish. if you still using Eth you must endure that monstrous fee in order to sent and ERC20 tokens to exchange and other wallets.
Hi, do you expect big changes after eth 2.0. come, when will that happen?
Actually, Ethereum 2.0. will change the consensus of Ethereum, and it is a very important feature of any coin how it is being mined, using Proof-Of-Stake or Proof-Of-work. Mostly, people say that due to this update, commissions will become lower and I really hope that it will be so, as miners will not have to spend their electricity any more. There will be validators who include transactions in blocks. Jump to: