How Will Ethereum Scale?

[Muthukrishnan]

The problem is that, today, we don't really know the limits of the platform.

Because of a hard-coded limit on computation per block, the ethereum blockchain currently supports roughly 15 transactions per second compared to, say, the 45,000 processed by Visa. This limitation of ethereum and other blockchain systems has long been the subject of discussion by developers and academics.

While ethereum developers might like to highlight how the flexible smart contract platform differs from bitcoin, for example, it isn't unique in regards to scalability. As disappointing as that might sound, there's hope in proposed solutions that haven’t made it into the official software yet.

[lero34]

The ethereum will grow steadily. A huge advertising company, technological superiority and people's trust contributes to this. In some countries it is already legal. Look at the statistics and everything will become clear.

[partysumo]

Towards the end of last year, just before bitcoin started to crash, people were having huge problems with Ethereum, and I even remember some who were swearing that they would never use ETH again; because the transactions were very slow due to congestion. We don't have something like that at the moment, but I bet the same thing will happen once the number of ETH transactions starts going up again.

[maichimoto]

that is a good question. crypto kitties revealed ethereum issues, but it can be scaled. We see what happens with many coins even bitcoin, that the problems are getting sorted on the run

[trudovik]

probably it would be better if some good analysts and traders wrote the truth about this, than I'll write my dreams here, but what traders say is usually not true. Therefore, I believe that the bitcoine rate this year will have to exceed $ 2000 and this will have to happen in the summer.

[Rexler]

probably it would be better if some good analysts and traders wrote the truth about this, than I'll write my dreams here, but what traders say is usually not true. Therefore, I believe that the bitcoine rate this year will have to exceed $ 2000 and this will have to happen in the summer.

Dude we're discussing an entirely different matter here. Don't deviate. That said, I stumbled on an article that talked about the Ethereum community fund that was set up by projects like OMG, Kyber, Raiden network to help ethereum with the much needed scaling solutions. Dapps like CryptoKitties explicitly shown that Ethereum can't be used at a global scale.