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Hi guys, as many of you know, that the Ethereum team has been developing ETH2.0 for a long time, and it will launch some day.  I would like to discuss with you, what will happen after the launch of ETH2.0?  Will it be crash of Ethereum or its rise and prosperity?  Personally, I believe that after the launch of ETH2.0, Ethereum will end, I will explain: now there are a huge number of cool L1 blockchains in which, according to their characteristics, are already much better than ETH2.0, for example (Solana, NEAR, Polygon, Avalanch), and all these  blockchains have a bridge with Ethereum, so when ETH 2.0 are launched ,projects from the Ethereum Ecosystem will have to choose whether to launch them on ETH2.0 or use bridges and switch to better blockchains, and I think that they will decide to switch to other blockchains, and  we will see how projects such as Avalanche, Near Protocol, Solana, Polygon will start replenishing every day with new projects from the former Ethereum ecosystem

So many things will have happened and have you read the ethereum 2.0 proposal and what features that will be implemented?
It will not be crashed. You can expect deflationary and scalability to happen with ethereum but scalability was the only problem that must be fixed through the ethereum 2.0 upgrade as the deflationary already implemented through doing the regular burn for ethereum. You can also check this out. https://twitter.com/ethburnbot
I was predicting the gradual increase for the price of ethereum in long term.

1. ETH miners will become obsolete because the system is changing from Proof of work to Proof of stake.

2. The gas fee is expected to reduce a lot, atleast by 100 times as per theirr prediction because the transaction per second is going to be hiked.

3. More projects may prefer ethereum back again because of the decentralized nature unlike BSC.

This is what people are hoping for, the current condition of ethereum is still in the expensive category, both transaction fees and others, but the development of ethereum 2.0 is expected to be successful in the next few years, so that ethereum conditions will be more and more in demand, but if you look at the interest of people who make transactions ethereum trade is actually growing, two things are different from the point of view, gas cost and ethereum usage in trading, but everyone hopes ethereum can solve the problem in the short term.

In theory, this is fine for prosperity. And I don't think there will be a collapse. Reducing commissions is another matter. It is also interesting how long the process will be. With the transition to Pos, the network is expected to improve and we wanted all users to win.

The launch of eth 2.0 will be good for the entire ethereum network and will make things work in the right direction, eth 2.0 is mainly to address the issues eth is currently facing, high transaction fees as the top the list, once these issues are rectified, eth 2.0 will be suitable,
I don't believe projects under eth will switch over to near, polygon or avalanche after the issues have been resolved, if they don't switch now I don't see why they will switch after.

It all really depends on the ethereum team. But it seems to me that they lost the technology race a long time ago. Despite the low popularity of the Near Protocol ecosystem, it is one of the first blockchains to launch a sharding system that will support fast transaction speeds and commissions of about $ 0.1, regardless of the number of participants or network congestion. I don't know if any other blockchain offers the best conditions for the development of web3.0

I believe you should see it as an overall thing for Ethereum. Knowing that it's going to be more helpful towards other creators and developers to have the actual chain be consistent and faster than ever before. With what happens to the old one, I don't think it's going to be much of a deal if what ETH 2.0 brings is better than the current system.

The transition from the old one to the new one might be considered for sure for the users.

Eth 2.0 has been long-awaited. I know the version will come along with a speed capable of competing with the Bitcoin Lightning network. Hopefully, the transaction fees of Ethereum will be affected positively. The price of Ethereum will increase as well because of the high number of people who have invested in the Ethereum 2.0 version. I hold to the motion that ethereum will make a good change after the launch of the new version. But it's taking a long time though.

I think all the "ETH Killers" will ultimately fail as their only draw currently is cheaper transactions. Once they get the same number of users as ETH, the fees would be very similar. Couple that with the fact 2.0 will enable staking and likely by then staking for anybody (not just 32 ETH camp). I think this is highly bullish for ETH, and I think the next 3 months will reflect that. Look at how well the BTC ratio has held in Q4. Bullish.

It has been in the process for long time yet until now there are no update regarding this so i think it is better to talk about this once the release takes place .
it is also desperately needed to what will be the effect specially in the increasing Gas Fee of this network in which the reason why little by little Ethereum is losing support and i will not shock if one day in the following years this will be overtaken by Binance int he ranking position.

It all depends on if the Ethereum Team is able to deliver everything that i promised with the Ethereum 2.0 release. I would say that the most important thing for the whole ETH ecosystem would be to get the gas fees down to a reasonable gas price. For me that would be definitely lower than 20 Gwei (this would still mean though that a uniswap trade would cost more than 20$, which would still be to much in my opinion, so < 10 gwei would be ideal). I think this is a very critical release for ETH, if they manage to deliver i can ETH easily surpass 5000$ per coin and even more. If they fail though then i think it is very much possible that they won't be number 2 for much longer.

Our team is looking forward to it. To introduce some functionality into our game Be Whale. But it's small secret  :)

Actually it will be very easy to win if the problem of commissions and transaction fees can be very cheap, because the value of ETH is already quite expensive and also very good in terms of development in the market, so there is only a little more to fix the problem of fees.

ETH 2.0 is an improvement on what we already have, so I am positive about further growth from there, because a lot of issues that we are having now with the current version of the Ethereum network will be fixed in the ETH 2.0 version that is going to be released.

I know that you think other projects/blockchains that have been released so far as alternates to Ethereum will replace, but I don’t really think so. If that was bound to happen, then we should have been such taking place already by now, as most of the new projects would be choosing these other alternatives rather than choosing Ethereum. But if you check, you’d see that majority of them still prefers Ethereum. And like I said, the next version will be a fix to what we have now.

it was indeed the worst possible case. but I think if with ETH 2.0 the network can be cheaper and faster, then Dapps that are on the ethereum network will still choose to use erc20. there is no reason for them to switch to other networks when the main problem in ethereum can be solved with ETH 2.0. instead I think if eth 2.0 is not released soon the worst possibility could come true. dapps on the ethereum network will use the bridge and switch to a cheaper network.

Well, just like what the ETH2.0 suggests, it will improve generally from transaction speed to transaction fees. We never really know how effective it is until we haven't experienced the full release of ETH2.0.
Nevertheless, we are all here speculating to what is going to be expected for the ETH upgrade.
You cannot personally tell that some other projects will outlast ETH dominance amongst the majority of the alts either, because ETH is doing upgrade continuously.

It will reduce the congestion in Eth's blockchain and could result in lesser fees. If it could beat the fast transaction per second of Solana, then I see a very bright future for eth. It could potentially hit 10K$, or maybe easily hit that mark. Aside from that, its phase 0 were already been deployed and the other 2 will surely be next year or so.

This is roughly the same thing that is happening now with bitcoin. Many of its functions have long been outdated, but it does not lose its popularity and is growing in price. It should be borne in mind that a significant part of the tokens was issued on the ethereum platform, and it is not so easy to switch to others. Yes, and you first need to see what the updated ethereum network will be like. I don't think ethereum will lag behind the current top altcoins. On the contrary, after the update, ethereum will be ahead of all altcoins.

Well it depends what's the purpose of the next update,  ;) i know some enthusiast will assumed again that the fees of ethereum will decrease after that like what happened previously, but unfortunately there's no changes.. Lol i think much better to read their description first wherein what's the real goal for the ETH2.0 to prevent spreading false information.. And probably it's not yet existing this month. So let's wait for more information before expecting something that can cause negative feedbacks in ethereum again. Just don't be hasty mate.  :D

in general, what you say is true. there will be a change of consensus from POW to POS, which will have a big impact on the ethereum mining ecosystem. Block capacity is also increased, this will affect transaction fees and speed. but for the third, it doesn't seem right. because even though eth2.0 was launched there are many other good networks too. that means ethereum is not the main choice now.

Maybe. It may become a house of the rich if the staking process will just be profitable for those who carries big amounts and the usage had been forgotten. I am hoping for the normal to be back. Smart contract - cheap and fast transaction - good output. But as you said, the competition now is higher than it was first announced especially in the ICO era where most of the projects are using Ethereum as the top option or because there is none yet and it's the easiest way to create an offering.
Now NFT projects are choosing either BNB or they will create their own chain like what most games does now.

Everyone has realized that Binance smart chain is better than the Etherum network, especially the metaverse and many NFTs have adapted BEP20 as a network bridge.  so far ETH 2.0 is still an issue that is being discussed but not sure what blockchain technology was developed other than the reduced gas fee. when it comes to gas fees, Solana, BSC, and Avax have already become champions for their performance in the new project. I hope ETH 2.0 update will have a positive impact because before that I always used the ETH network and making market crypto hype again with new update

In my opinion, I do not think the update will bring so much will change immediately, also mind you that the ethereum network has established a sort of dominance in the altcoin market that is going to be very difficult for another altcoin to surmount, it's not just hype, investors actually believe in the ethereum network and it will continually grow, it's also a coin that's sustainable for the long term, thus the more reason why it'll continue to allure investors. Having said that, the problem of high fees wouldn't just disappear as a result of the new update, of course high fees is one reason people look away from ethereum, and it's something they must work on correcting, but it's not just going to happen spontaneously as many people want it to.

Honestly, I have no idea about it! If what happened to Ethereum Network after that so-called Eth. 2.0 will be completely released, it is hard to predict, and hoping that it will help a lot. just like what happened in the EIP-1559 implementation it brings false hope, many are predicted that it will be the answer to solve the expensive transaction fees. some are saying it's a game-changer but now what? that's why it's better to leave that question hanging and just wait and see. 

ETH 2.0 also won't help much with transaction gas fees because basically any coin that's already very expensive, obviously will always affect its transaction gas fees on the network, so that's the basic rule for Ethereum as well as for other coins.

I am guessing that it will rise. Why do many people doubt ETH 2.0 is beyond me. Right now it is clear that many GPU miners end up buying their GPU and make a debt or at least want to recover that, and they also spend awful lot on bills as well since it consumes so much energy, which means those bills and the total investment needs to be recouped somehow, but how? Simply by selling the ETH they are mining, or any other coin of course but usually ETH seems to be favored.

In this case we are talking about ETH being staked and not mined, there is no GPU that needs to be bought, and there is no bill that needs to be paid. In return there are no more selling of ETH to cover these miners greed. Because of these two very important reason, we will have people buying and not just paying the bills with it and the price should be increasing highly thanks to it.

I support any progress that can bring a lot of changes in the crypto space, if you look at the recent notifications, ethereum Altair is in a good stage of progress, we just have to wait and be patient because once the Beacon chain is active, then new history will come with improvements It is hoped that transaction fees will low if beacon chain active
https://genesisblockhk.com/transition-proof-of-stake-ethereum-2-beacon-chain-altair-upgrade/

Even if Ethereum 2.0. reduces gas fees, I think that there will be investors who will continue working on alternative chains such as Polygon, BSC, Near, Avalanche as they have already created their own ecosystems with many good projects. I hope that ethereum 2.0. will not influence a lot on Etheruem's security, but it is also possible that it will become lees secure then.

Thats true. Some here or any degen already move out on ethereum and proceed to a new ecosystem. As far as I can see that's the best way to support other chains and boost another player that might be a good alternative for ethereum. But I am still using eth as its really a friendly ecosystem it's just problem is the fee and removed that it will be good again. But scalability is really hard to do as many people using the network.