Buterin Will Soon Distribute the Ethereum Network

[Pamplelune]

Fresh update about Ethereum Network from Vitalik Buterin:
"The scaling of the Ethereum network is almost complete, says the creator of Ethereum Vitalik Buterin.
Ethereum will interact with each other. This method of shading mostly implies the separation of Ethereum into parallel networks in order to increase the efficiency of the blockchain, which will help reduce the load on the network. Ultimately, it will be possible to reduce the cost and increase the speed of the products of transactions."

Vitalik Buterin Will Soon Distribute the Ethereum Network

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[Ceto]

Very exciting. If ETH is really going to be upgraded it will definitely grow in value. Perhaps, it's a good time to invest in this coin. However, the upgrade might not happen very soon, because of this statement:

"The developer spoke about the new sharding code, which will be integrated into the network after the transition of the Etherium to the Proof-of-Stake protocols (Casper)."

If these two events are really bound, the upgrade will not probably occur this or even the next year.

[kryptqnick]

Fresh update about Ethereum Network from Vitalik Buterin:
"The scaling of the Ethereum network is almost complete, says the creator of Ethereum Vitalik Buterin.
Ethereum will interact with each other. This method of shading mostly implies the separation of Ethereum into parallel networks in order to increase the efficiency of the blockchain, which will help reduce the load on the network. Ultimately, it will be possible to reduce the cost and increase the speed of the products of transactions."

Vitalik Buterin Will Soon Distribute the Ethereum Network

This sounds nice. Even though for now transaction fees are usually reasonable (if some exchanges don't set crazy gas fees) and fast, if ethereum's adoption grows, it can become vulnerable to what happened with btc during ATH. If this distribution is going to ease this problem, it is indeed a fine improvement. However, it is not enough to make eth going, because the unprofitability of mining with potential decrease of profitability rather soon is not stimulating people to join the network yet.

[Kjara]

Looks like Ripple development team will introduce it's own smart contract system called Codius.
That system will give Ripple (XRP) Ethereum-like functionality, providing users smart contracts secured by the Ripple blockchain.
Now XRP seriously targeting to take Ethereum's place.

[cryptohunter]

Looks like Ripple development team will introduce it's own smart contract system called Codius.
That system will give Ripple (XRP) Ethereum-like functionality, providing users smart contracts secured by the Ripple blockchain.
Now XRP seriously targeting to take Ethereum's place.

ripple can not be compared to decentralised trustless projects.

[makishart]

Looks like Ripple development team will introduce it's own smart contract system called Codius.
That system will give Ripple (XRP) Ethereum-like functionality, providing users smart contracts secured by the Ripple blockchain.
Now XRP seriously targeting to take Ethereum's place.

JAJAJA another shiller of ripple centralized coin. You should say to the ripple ceo and he must shut the fuck up and stop to ask when regulation is complete again and again to the regulators. Smartcontract an ethereum idea. What just happened with the real innovation of ripple? is it gonna die? 

[Fatunad]

Looks like Ripple development team will introduce it's own smart contract system called Codius.
That system will give Ripple (XRP) Ethereum-like functionality, providing users smart contracts secured by the Ripple blockchain.
Now XRP seriously targeting to take Ethereum's place.

ripple can not be compared to decentralised trustless projects.

I dont know why people do still pursue to replace ETH into its current place specially mentioning about Ripple. Quite interesting that ETH would have its sharding which we can presume network would even more better as of the current state and as mentioned above it might not happen on this year or on next year which means it would still takes time but good to know this news after all.

[Katabit]

This event will seriously increase the competitiveness of the Ethereum. Perhaps in the near future Ethereum will overtake even the cryptocurrency of bitcoin by total capitalization. I'm sure that Eth developers will not stop there. The Ethereum shows by its example, sets the level of how the cryptocurrencies should develop.

[sidodadii]

this is good news for future development of ethereum, i hope with update from butterin can give positive impact to ethereum project and also ethereum price in market, just hold and buy again as much as you can until update from butterin arrive.

[Ve-N-oM]

Vitalik Buterin really smart boy. After upgrade systems the rate of Ethereum can increase. Ethereum already has a strong position in the crypto business today. I think until june the rate of Ethereum will be more than 1000$.

[labake]

This is a great idea and huge development of ETH by Buterin. I see Vitalik as a very smart guy making this possible. Obviously, the upgrade would surely hike ETH price and would be big time positivity for Ethereum Network. #justmyopinion

[Refozzblaze]

very good for those who invest ethereum
i have some bought ethereum, maybe there is good info like this ethereum can rise slowly back

[steplaza]

I think title is a bit misleading, he drafted a proof of concept to implement sharding in the current eth main chain, however they will likely wait to PoS switch to implement it as that will lead to much less complications.
So yeah, it's probably not that "soon" ...

[bitkanu]

Finally, by the time being, Ethereum has been largely used for so many ICO to deploy its own token therefore if the devs just let it be without significant changes, pretty sure the network won't hold and as a result network delay.
It's such a great thing, especially if it can reduce the Gas needed for each transactions too. Can't wait to see the significant change vitalik brought with all these things.

[kaya11]

Now it's very impossible that ethereum will leaves it's place as the second from BTC in world of crypto currencies with this improvement being actualized, where would be the gap from eth and ripple and other alts with this? Maybe the specs about eth will come to a reality, 10k USD or more it's not a bad thing right?

[Pamplelune]

Looking at the current Ethereum trade volumes it's even hard to imagine how ETH will jump after network update distribution! Which of course will trigger another wave of ICOs.

[vuhoang1giang]

we will wait more info about that, but at the moment i just care about ETH mining by POS .

[Holla123]

I would never bet against Vitalik. He is one of the wonder kids in the blockchain space. Ethereum is a strong buy as always! First competition I see right now is Matrix but that is somewhat down the road.

[krassy]

Pleased to hear that my a favorite ethereum evolves and expands their opportunities,  and is growing in price. No ripple will not replace it. I hope all the innovations in the network the broadcast would be useful for the users and not just speculators.

[Holla123]

Fresh update about Ethereum Network from Vitalik Buterin:
"The scaling of the Ethereum network is almost complete, says the creator of Ethereum Vitalik Buterin.
Ethereum will interact with each other. This method of shading mostly implies the separation of Ethereum into parallel networks in order to increase the efficiency of the blockchain, which will help reduce the load on the network. Ultimately, it will be possible to reduce the cost and increase the speed of the products of transactions."

Vitalik Buterin Will Soon Distribute the Ethereum Network

That would be brilliant news not only for Ethereum but for all projects related to it. Vitalik keeps delivering. Maybe the most important person in blockchain space.