Bitcoin Forum

The lagging on ETH transfers today because of one dumb game is a real problem in my opinion. Is this merely a stress test - can ETH easily roll out a fix? Or is this the chance for ETH competitors to swoop in and show how they have better platforms? I was really trying to build up a little ETH portfolio so today's developments have me literally going  ???

Can those of you more familiar with what's going on please explain if this is a glitch in the matrix or a long-term issue?


Edited: to fix a couple of typos

The kitties demonstrate the weakness of any blockchain that doesn't scale effectively; that's why the vast bulk of current ethereum foundation work is currently going towards blockchain scaling solutions. Until then, we'll have to get used to the new old normal of >20gwei gas prices.

I'm going to miss the times when you could get a 0.1gwei transaction through in under 10 blocks...

This is basically the perfect argument towards a fee market. Which means free or even very low fees basically open up any network towards spamming/bloating attacks.

Same argument Bitocin has; some people want free transactions but that would mean that even 100GB blocks would be filled with junk like everyone's morning coffee or kitties games...


Now that even the high and mighty Ethereum with super fast blocks and high tps is getting spammed, maybe more and more people will realize that Bitocin X-MB block forks are not the answer.

Yes definitely. Prior people were happy about how this shows potential usage for the ETH network beyond ICOs and they were correct...but only if it can handle the volume and transactions. Clearly the ETH network needs some work but the potential is still there which should be encouraging.

Yep absolutely. People were FUDding against BTC saying ETH would replace BTC because ETH was a lot faster than BTC which was facing scaling issue at that time. Now this proves the infrastructure of ETH is probably not a lot better than BTC - it seemed better only because it wasn't handling as much as BTC did!

So what's next then - can ETH fix this, or do you think this is a chance for another coin to take its 'second' spot behind bitcoin? And if so, which one? Something built off the ETH network, or a completely different solution? I am doing my best to learn but am still pretty hazy about all the technicalities (strengths and weaknesses) of the different blockchains, tangle, etc etc

This proves that Ethereum cant hold a large of numbers of transactions in a day,this crap games will ruin ethereum's price.

the problem has always been there. this kitty thing just made it more visible.
actually if i recall correctly, 2 months ago some other ICO caused the same issue with Ethereum and big exchanges closed down their wallets for ETH and all its tokens for over a week.

No, it is a simple usage of ETH the way it is designed. a stress test would have been thousands of transaction every 15 seconds to increase the mempool to 100,000 transactions pending (similar to bitcoin spam attack/stress test) and it causes much bigger problems that this would seem funny in comparison.

and remember that it is not all about pending transactions or how slow it is for a short time, it is about all the data that you are storing in the blockchain and how big the whole blockchain is going to become. if i am not mistaken currently ETH blockchain is 3 times bigger than bitcoin's blockchain and that is a disaster because so far nobody new can sync anymore unless they use light wallets or web wallets. and good luck decentralizing such currency!

no, because it is by design. that is how every coin based on blockchain words. PoW or PoS wouldn't make a difference either.

it is. but most of them are not any better. they are mostly not used and that makes them simpler to use and it hides issues like this the same way it was hidden in ETH for a long time.

that is kind of irrelevant. because the price is based on speculation and manipulation. you may not even lose any money in short term!

as i said, it is by design so it is a long term issue. it may go away for a while but it will always exist.

This is because projects are lead by developers, and fanbois who accept everything they say, and dont listen to dissenting voices.  Some is FUD, some is plain old experience.  Ops guys such as myself will tell you that if you give a project 10x more capacity, some time they'll be using up 10x data, if you create a platform without controls, someone will deploy something thats out of control.  :D

i bet vitalik just gone to his backyard to grab his pitbull ;D

Eth seems to be going down rather steadily over the last day or so. I wonder if that is truly because of cryptokitties. That would be a pretty landmark moment for crypto in general... this is hopefully a lesson that many will learn from in the industry.

but I see in my favorite market etherium is still in the udder ombang to increase the value of daroi altcoin. if this has met the target of the etherium itself I think the etherium will add high again the value of its trade.

If cryptokitties expose the weaknesses of ETH (It is not proven for now) then it is a good thing. We tend to forget these blockchain technologies are still new.
I see this Kitties thing as a stress test, better now than later.

The cryptokitties is a very good test of ETH network. Sending a transaction is now slower than Bitcoin.The Etherium team should find a solution for this problem, else people may use another blockchain. But i personnaly don't find the utility for cryptokkities. It is cheaper to buy a Nintendo console and buy Pokemon game... And the game is much more sophisticated on a console.

It is best to solve all problems at the beginning of the coin development. I think that the developers are already trying to solve this issue. For me it was a surprise that the game was able to disable the network of ETH

Suddenly I have caught myself on observation that Jevon's paradox is working here. I just need time to put formulas, but generally the conclusion is - less time for money transaction - more transactions will be. Except that the crypto-currencies will triple the circulation of money BTC and Ethereum will be overloaded for several years at least.

That means the scalability of the ethereum network doesn't enough to run dapps in there. the ethereum needs a better scalability, just like the sharding blockchain. at least i must confirm million tx just in a second to get the best experience to run dapps just like cryptokitties.

I learned about cryptokitties from children in the supermarket. They discussed - where to get the eth, to buy these kittens and get rich. There one cat stands on the 7 ethereum. What happens at all? Transactions are long and expensive. The price of the ethereum fell down. It is interesting what Vitalik will do with these animals, he recently wanted to fry half the coins of the eth. I hope animal (real) will't suffer during these experiments.  ;)

Well ,from my less-informed standpoint, all I see is that it's been nearly 48 hours since I transferred a small amount of ETH from Cryptopia to Binance, and it's still is just not accounted for.
That's my money just spinning around somewhere, and it makes me nervous.

This makes me not trust the Ethereum network. So many expert voices here believe so strongly in ETH that I'm sure I must be wrong somewhere. Still, this is the impact of cryptokitties on me as an investor: originally I'd have jumped at the chance to add some ETH to my portfolio with the prices dipping like they are today. Instead, I'm taking that money and putting it into coins that are establishing themselves as ETH alternatives.

And I highly doubt I'm the only one!

Komodo Platform offered to host the cats. They can handle it ; )
https://mobile.twitter.com/KomodoPlatform/status/938457397886160897

You are right that this game exposes the weaknesses of ethereum, and developers admit this as well. But they also think that this is blessing in disguise. Because of this game developers would know where to focus on their upgrades on the system and what upgrades the system needs that it is lacking now.

The simple solution is to move things like CryptoKitties off the blockchain for internal transactions. A rising GAS price will eventually do that. One person's problem is another's opportunity. Higher GAS prices might make it a good time to invest in mining gear for Ethereum.

This whole thing scares the shit out of me. Shows just that the network is still in its infancy and not at all ready for a broader audience, although there is always advertising like that. What might happen if now people start to spill out similar dapps on the market for example with pokemons or some other stuff for the masses. Could this bring the whole network down? Or make it so congested that its not usable anymore at all?

Please explain, does IOTA architecture doesn't have such a problem with transaction fees and speed?

Everyone from my circle of friends talking about CryptoKitties and ETH performance issues
And they told me that IOTA is a next-gen blockchain without such kind of issues.

Can anyone explain me in a few words is this a true? Is this a reason why IOTA  price is growing instead of ETH price last week?

The potential is always going to be there and what has happened is really here to answer a lot of people's question about increasing block size to be the best scaling issue. Now they have it with Ethereum and despite that, the network still got flooded with so many huge transactions trying to go all in at once, including the spam ones.

The game really helped in a way to expose this to people so they can understand better but I do not think that should affect Eth in anyway. People really just need a lot to learn about block sizes and why the scream about BCH not being a better option to BTC is correct.

Yes it does, but with every system stress tests are always needed to see what the capabilities are and how to improve it.

Imagine if ETH was adopted globally in society right now? This allows the developers to sort out issues before it becomes a bigger problem. I know some people are angry about the kitties but ETH will come back stronger from it.

CryptoKitties shows what anyone knew - today's Ethereum version does not work well with high-load and I want to remind you that a half volume of transactions made by Ethereum network (before CryptoKitties).

Is Ethereum really slower than Bitcoin? I've just looked up number of pending transactions, ethereum has 22000-23000, bitcoin has +216000

On account of this, I think the price for ETH may decrease - if these problems do not resolve, and if mistakes are corrected and everything gets better - there will be an increase in value. In any case, there is a possibility of the development of such events.

One thing most people do not understand is that stuffs like this will always help prevent spam attacks on the Ethereum network and for those who think Eth is exempted because they have been having it cool for a while; they are welcome to the blockchain atmosphere.

It can happen to any network, once it gets congested and because a lot of attention has been on bitcoin, people have criticized it a lot, but I guess they all have something to say about Ethereum now.

We maybe I can assess it as a weakness that we could know all we need to know and what the reason was, of course, that is something that the competition cant avoid if we blame one party for us and it causes us to be get unilateral thinking and we must be able to monitor and seek an advantage by finding the weak spots and exploit opportunities.

Yes it does show a weakness, but every good system needs to be stress tested regularly to make sure it can deal with volume. This has just highlighted an issue and will make ETH stronger.

How easy of a fix is it, though? Can ETH quickly and effectively make the changes needed in order for it to be able to support several DAPPS in addition to regular traffic and all the additional traffic from upcoming ICOs?

I'm asking because I genuinely want to understand where the strong support for ETH on this board stems from. I am still rather new to the all of this, particularly the technical side of things.

Yeah, IMHO, This kitties can expose what ETH need to do for long term project. The scalabity, how can the simple game like that can shut ETH slowly. Hope ETH can make any progress of their Network.

We already knew about scaling issue, its hust that we hit the wall now. Hope they fix it soon :)

Yes surely is,ethereum's network is so fragile with its lack of developer's skill to maintain their own system,funny it is? kitty just killed ethereum.

Ethereum reached the ATH of 800K transactions in a day, record for a public blockchain. Transactions are still faster and cheaper than bitcoin.

Then yes scaling solution are needed (both on and off chain) to have multiple Dapps running smoothly on the public network. Developers are working on it and many solutions are on the way (sharding, POS, etc...)

Absolutely yes. If just a kitten joke can crash a platform which pretends to become the infrastructure of the world, imagine what mass adoption would provoke...

What are the best alternatives in terms of smart contracts for Dapps?

Am I right in thinking that nothing is proven in the same way as Ethereum but lots of interesting projects have betas or key milestones early next year?

If you look at it like this, every coin that you know have weaknesses. Whether they will claim that they can attack Ethereum and get away with it has to be shown with proof.

Actually yes it is,cryptokitties show us the truth whether it is worthy or not to invest in ethereum,i just dump all my ethereum and bought LTC instead.

Unless you need the smart contract function.

So this piece of news came out: https://www.coindesk.com/goodbye-ethereum-kik-plans-move-ico-tokens-stellar/

Now I don't think too highly of KIK but I do know it's got  (or had! lol) good name recognition, especially among some online gaming communities where it's the messenger of choice. So when I read something like this, it really does make me wonder whether ETH can react quickly enough to fix all the scaling problems exposed by Cryptokitties. Because news like this looks pretty bad.

I'm more of the principle that what doesn't kill the ETH network, makes it stronger. Vulnerabilities or not, if the team of developers is there to fix and make things better depending on what issues arise in time, that's some real value long term.

You are right it has somewhat exposed the biggest issue that eth network has to deal with in the near future that is scalability, i hope the network will be upgraded to make it according to the future growth and demand.

Exactly, this highlighted the need for scalability to be a high priority and while it already was it might give the developers further encouragement to come up with a truly infinitely scalable solution that will enable ETH to be the leader in the cryptomarket. Issues are only a problem for as long as they remain issues.

Technology is constantly progressing, and there may be new technical means to replace the ether workshop. expect