What are some main risks of Ethereum 2.0?
A main risk of Ethereum 2.0 is that Proof of Stake (PoS) does not work as hoped.
I think this is obv. |
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Yes and I wish the dev would have left the name as Zcoin... but that's history now.  +1 Big mistake. Biggest. Good old times when we mined ZCoin using Lyra2Z algo, very power-friendly at that time. |
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I don't know what will happen in the future. I'm just giving my opinion why everyone uses ETH instead of ETC now.
When ETH goes POS, there are several possible scenarios and several POW coins where hashpower might go (ETC, RVN, ERGO, ...)
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ETC total network hashrate is 22T and ETH 1.06P , so ETH is much more secure. That could be one of reasons.
ETC was attacked with 51% more than once. It is like bank with low security vs bank with highest possible security.
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ETC becoming POW choice #1 (after BTC, of course)
KAAAAW  |
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There's project supported by Bittrex, called Veriblock. They are working on fully decentralized protection against 51% attacks on small chains, using Bitcoin hashrate. They have PoP mining and I am 99% sure that no damage could be done to bigger chain (in this case Bitcoin) if someone attack small chain.
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I don't believe. You will probably die by natural cause before that happens.
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Well, if VBK succeed, BTCSQ will be most secure Bitcoin fork.
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This is still a great investment because it still has yet to hit the $10,000 barrier which it inevitably will do....
Definitely will do, but when? Next year or year after or maybe 5-6 years from now? |
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It was 2-3 years ago if I remember. It was 51% attacked and Crex24 was flooded with coins and price dumped like 99%
Some people bought coins at that low prices (all down to 2 sats). Later, developer offered everyone to sell again that bought coins at current price in order to burn them, but most of people didn't want to sell their coins, so coin simply died. This told you how "serious" project was. BTW, I liked coin. It had small supply, which I considered to be good.
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Coin was 51% attacked and never recovered.
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It is part of the war against privacy.
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The only scammer here is you. Stop trying to blame others for your own inability to secure your devices.
So true. |
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True, but again, where did DOGE pump come from? Good fundamentals and decentralization? Nope. It was again one man show, in this case by Elon Musk. In other cases it could be CZ or back in 2017 John McAfee. When something depends oo one man (not even one company or board of directors, but one man), it can't be more centralized.
And just to be clear, I don't expect GRIN price to explode in next few years, but I buy GRIN from time to time and slowly accumulate. I look at it as really long term investment and have no intention to sell in next several years.
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Everything can change in seconds if CZ makes a new announcement and starts listing GRIN on Binance.
Big news are way more important than any monetary policy in this space. Still, it is a big gamble. That announcement may never come.
Unfortunately, you're right. And this means - the price of decentralized anonymous coin depends from centralized company or even worse, from one man running that company. Kinda sad. |
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Voted and to be honest, comparing with other coins at this poll, BTCZ is objectively by far best project.
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Anyway, he can open RavenCoin block explorer https://ravencoin.network/ , enter his address and see who stole his coins (if someone did). |
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Because they don't want to mess with the SEC.
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Thats what matters, imho and how Bitcoin did in the biginning too.
Oh, it's new Bitcoin! It is Bitcoin 2.0 probably. We never heard this before!  |
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