Sy
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June 19, 2020, 07:26:51 AM |
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How much patience is acceptable before it transitions in to boredom and fatigue regardless of whether it is associated with Ethereum 2.0 or any other crypto? we must be patient, the development of great changes is always slow (and delayed) Haha, we have been waiting for 2.0 for like what a year now? maybe more? Every time we get close to launch date we are hit with an announcement about a delay. bit tired of that lol
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Sy
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June 28, 2020, 04:43:47 AM |
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Shy Ronnie
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July 02, 2020, 07:10:42 AM |
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zasad@
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July 02, 2020, 09:42:18 AM |
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Hardfork Meta: Berlin https://github.com/ethereum/EIPs/blob/master/EIPS/eip-2070.mdThe developers decided to optimize the ETH 1.0 network. Perhaps the launch of ETH 2.0 will be delayed
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JollyGood
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July 03, 2020, 10:27:31 AM |
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They have hyped up ETH 2.0 for so long and made so many promises, I hope it is not going to have issues by the time they eventually launch.
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zasad@
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July 03, 2020, 09:58:55 PM |
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vitalik.eth @VitalikButerin ETH2 scaling for data will be available *before* ETH2 scaling for general computation. This implies that rollups will be the dominant scaling paradigm for at least a couple of years: first ~2-3k TPS with eth1 as data layer, then ~100k TPS with eth2 (phase 1). Adjust accordingly.
https://twitter.com/VitalikButerin/status/1277961594958471168If you read a tweet, then Vitalik tells us about phase 1. This is very cool, but we must understand that phase 1 does not support smart contracts. Support for smart contracts is promised to us in phase 2. All major transactions will be in ETH 1.0 before starting phase 2.
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Sy
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July 04, 2020, 06:25:42 AM |
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vitalik.eth @VitalikButerin ETH2 scaling for data will be available *before* ETH2 scaling for general computation. This implies that rollups will be the dominant scaling paradigm for at least a couple of years: first ~2-3k TPS with eth1 as data layer, then ~100k TPS with eth2 (phase 1). Adjust accordingly.
https://twitter.com/VitalikButerin/status/1277961594958471168If you read a tweet, then Vitalik tells us about phase 1. This is very cool, but we must understand that phase 1 does not support smart contracts. Support for smart contracts is promised to us in phase 2. All major transactions will be in ETH 1.0 before starting phase 2. Thank you for the information. So even after the launch of 2.0 for some time 1.0 is going to be the main chain of the network? As a smart contract is one of the most important feature IMO. Will they roll out staking in the first phase of 2.0 or the second phase?
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JollyGood
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July 04, 2020, 09:49:18 AM |
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As long as there is a clear plan and a clear timetable that stays true to its target then people will be willing to happily wait but if the launch gets delayed again and again then interest will dry up. So far it seems if all goes well and all modifications are implemented then ETH 2.0 will be a force to be reckoned with. https://twitter.com/VitalikButerin/status/1277961594958471168If you read a tweet, then Vitalik tells us about phase 1. This is very cool, but we must understand that phase 1 does not support smart contracts. Support for smart contracts is promised to us in phase 2. All major transactions will be in ETH 1.0 before starting phase 2.
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zasad@
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July 04, 2020, 11:59:10 AM |
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vitalik.eth @VitalikButerin ETH2 scaling for data will be available *before* ETH2 scaling for general computation. This implies that rollups will be the dominant scaling paradigm for at least a couple of years: first ~2-3k TPS with eth1 as data layer, then ~100k TPS with eth2 (phase 1). Adjust accordingly.
https://twitter.com/VitalikButerin/status/1277961594958471168If you read a tweet, then Vitalik tells us about phase 1. This is very cool, but we must understand that phase 1 does not support smart contracts. Support for smart contracts is promised to us in phase 2. All major transactions will be in ETH 1.0 before starting phase 2. Thank you for the information. So even after the launch of 2.0 for some time 1.0 is going to be the main chain of the network? As a smart contract is one of the most important feature IMO. Will they roll out staking in the first phase of 2.0 or the second phase? After the launch of ETH 2.0 (phase 0), no one will need a new network, except for POS miners (validators). I do not yet understand how the bridge between ETH 1.0 and ETH 2.0 will work (one way, or both). We will get 2 types of ETH: fast transactions with low commissions but without smart contracts and slow transactions with market commissions + smart contract support. If the launch time increases between phases, this will negatively affect for ETH. The price can rise for several common reasons: 1. Increase in demand for a coin 2. Reduction in the number of coins in circulation ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2Fs6D2cWM%2F2.png&t=665&c=0SlyTjdWJ7LVkw) "1.Ethereum 2 phase 0; 2.EIP-1559; 3.The end of mining; and 4.Ethereum 2 phase 2." https://www.attestant.io/posts/charting-ethereum-issuance/And after phase 2 we can see 1 and 2 reason, but it’s very difficult to say how long Phase 2 will start. staking will be launched in phase 0
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jasta more
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July 04, 2020, 09:11:48 PM |
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Funny how you think that eth pos is ever gonna happen ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Sy
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July 05, 2020, 04:24:49 AM |
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~
I agree if there's a huge gap between the rollouts of phase 0,1,2 then it will surely affect ETH's price because they have already delayed it so much that I don't think the community will have any patience left for the smart contract release.
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JollyGood
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July 05, 2020, 11:24:57 AM |
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Elaborate... why are you being so negative? Funny how you think that eth pos is ever gonna happen ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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zasad@
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July 05, 2020, 08:34:58 PM |
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~
I agree if there's a huge gap between the rollouts of phase 0,1,2 then it will surely affect ETH's price because they have already delayed it so much that I don't think the community will have any patience left for the smart contract release. Vitalik said that the transition to ETH 2.0 will be very fast and the time between phases will be short. In phase 1, the transaction speed will not be high, as the number of shards will increase over time and this will increase TPS. Vitalik said about "rollups". What is it? https://docs.ethhub.io/ethereum-roadmap/layer-2-scaling/optimistic_rollups/Projects: https://omg.network/omg-network-scales-ethereum/https://blog.matic.network/the-matic-network-mainnet-is-now-live/I don’t know what will work before: ETH 2.0 or Layer-2 solutions.
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zasad@
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July 08, 2020, 08:09:27 AM |
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https://twitter.com/0xstark/status/1278369273640091648Josh Stark(C) "halfway through 2020, total $ paid to use @ethereum this year has eclipsed total paid in all of 2019 2020 YTD: $43.5 million 2019 total: $34.5 million"
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davide72
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July 08, 2020, 09:50:10 PM |
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They have hyped up ETH 2.0 for so long and made so many promises, I hope it is not going to have issues by the time they eventually launch. Even if problems were encountered, I am sure they will be solved, we must not be pessimistic, we hope that everything will still work for the best
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JollyGood
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July 08, 2020, 11:29:10 PM |
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Problems should not occur, the ETH team have dragged this out for too long so by the launch they launch they should have all angles covered to ensure all goes smoothly. Even if problems were encountered, I am sure they will be solved, we must not be pessimistic, we hope that everything will still work for the best
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