Bitcoin Forum

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.,

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.

EOS simply cannot be compared to Ethereum. It's like Ethereum is faster than Bitcoin, but Bitcoin is still the king of cryptocurrency. Ethereum can now collapse at any time, and perhaps the future Ethereum will become a stable coin.

What is the justification of collapse? Technical reason, articles? THanks.,

I heard about POS  alot but then also some articles popping up about POS issues. I am not sure how it is faring. Thanks.,

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.

it has been over 2 years that ethereum developers keep promising to solve the scaling problem while failing to do so because they know that it is not something that they can solve. the design itself is broken and ethereum is fundamentally flawed and that means it cannot be fixed.
so far what the developers and everyone else has been interested in has been profit and they achieved that by pump and dumping so nobody cares about it anymore.

eth only experiences price declines, will never die, it's just that price reductions are enough to make all the holders want to sell them to buy more better altcoins like eos, but that is no guarantee of a good investment in the future, I still believe eth will improve

now ethereum is still not stable. because until now eth still has the possibility to fall deeper. regardless of whether the POS is correct or not, currently ethereum prices are difficult to get back up.

Ethereum will never die. I think the price decline does not occur in eth only but for all altcoins that experience it. I also believe, just like you. Ethereum can still be trusted for the future. Eos is also not the right choice for investment at this time.

In January 2019 will be a new major update was appointed in which the team promises to increase the transaction speed to 1000. This will be very powerful update.

This issue is in the first place for the development team. They are already preparing an update on the network and the team began to implement their ideas that pony postponed for the future. With such a strong development team, Ethereum definitely has a future !

I see ethereum still not stable. and my advice if you want to buy it better, wait until the price is really cheap. buying now is very risky because some experts say that if the price of bitcoin falls again then all altcoins will fall even worse than this.

EOS is one of Ethereum's current competitors, Ethereum has many disadvantages when compared to EOS from Consesus Mechanism, Transactions Per Second, Transaction Fees.

And then Vitalik Buterin answers all issues with Ethereum 2.0 combining these key projects:

- Proof-of-stake (Beacon Chain, Casper FFG)
- Sharding
- eWASM

If EOS can achieve instant, free and millions of EOS transactions per second, it will be very difficult for Ethereum to match that level of performance. However, if Ethereum can implement ‘Proof of Stake’, ‘Sharding’ and ‘Plasma’ successfully, I think it will be tough for Ethereum alternatives to pass Ethereum.

I think we need a year to determine who will be superior, i hope Ethereum 2.0 can provide a new life for Ethereum.

I think ethereum 2.0 is just bullshit. if it's true that it will be launched they should have done that for a long time. but in reality it is only a promise that doesn't know when it will be realized. the only thing right here is the price of ethereum has no hope of going up.

as far as I know, the team of the ETH is working very hard on this issue and I am sure that soon we will see the news that the problem of scalability is solved

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

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.

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

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.

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

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.

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.

I think EOS can cause more attention because ERC-20 has too many scams, which makes many investors and hunters lose confidence in Ethereum!

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.

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

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.

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.

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

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...

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.

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

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

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.

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.

Ethereum currently has lowered the price that surprised many people, but now we have the opportunity to buy and own it, so immediately buy Ethereum right now, before the price will rise even higher, and of course someday you will regret not buying at the price down as has happened now.You can be positive that the price of Ethereum would increase. You can buy ETH (https://coinswitch.co/coins/ethereum) from CoinSwitch at best rates.

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.