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percy_tc
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December 06, 2020, 11:19:34 AM Merited by vapourminer (1) |
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Hello guys everyone. I apologize, perhaps the question will seem strange, but I am asking it because I have no experience in this matter. Please tell me, will my ethereum stored in wallets automatically switch from ETH 1.0 to ETH 2.0 or will every user have to do some kind of conversion?
Eth 1.0 will be a Shard of Eth 2.0. If you have your own private key than your are good to go, there is no need to any switch. |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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zasad@
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December 06, 2020, 01:08:35 PM |
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Ethereum 1.0 and Ethereum 2.0 are 2 different blockchains with different algorithms. I think the developers will make a bridge for transferring coins from one network to another, until Ethereum 1.0 loses its relevance.
More news will be closer to the launch of Phase 1.
If you have some Ethereum, you will be able to do this operation through a cryptocurrency exchange.
both could survive in parallel for reason of wealth creation ? and with different functions? Ethereum is changing its algorithm. 2 parallel blockchains will only exist until phase 1.5. Eth 1.0 will be a Shard of Eth 2.0. If you have your own private key than your are good to go, there is no need to any switch.
I think it will depend on which phase you want to move your coins from one network to another. If you want to do this after phase 1, you may need to use a bridge |
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TeraBite
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December 06, 2020, 05:27:42 PM |
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To the moon for ETH please!
Indeed it will go to the moon but not this time when it will have its own time. Right now huge accumulation going on and some big whales already filling their bags by making the panic newcomers soon it moon shot will happen so stay positive and strong. |
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Wapinter
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Hire me for Bounty Management
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December 06, 2020, 07:57:32 PM |
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To the moon for ETH please!
Indeed it will go to the moon but not this time when it will have its own time. Right now huge accumulation going on and some big whales already filling their bags by making the panic newcomers soon it moon shot will happen so stay positive and strong. If accumulation is still on, how come price is not increasing beyond $600? |
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estenity
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December 06, 2020, 07:58:17 PM |
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Ethereum 1.0 and Ethereum 2.0 are 2 different blockchains with different algorithms. I think the developers will make a bridge for transferring coins from one network to another, until Ethereum 1.0 loses its relevance.
More news will be closer to the launch of Phase 1.
If you have some Ethereum, you will be able to do this operation through a cryptocurrency exchange.
both could survive in parallel for reason of wealth creation ? and with different functions? Ethereum is changing its algorithm. 2 parallel blockchains will only exist until phase 1.5. Eth 1.0 will be a Shard of Eth 2.0. If you have your own private key than your are good to go, there is no need to any switch.
I think it will depend on which phase you want to move your coins from one network to another. If you want to do this after phase 1, you may need to use a bridge this discussion is important. outside the probable functional difference in both, i would suspect that if you have now one ETH1, you will arrive progressively to possess one ETH1 and one ETH2. do you agree ? |
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epis11
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December 07, 2020, 05:22:05 AM |
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To the moon for ETH please!
Wait for it buddy..whales are probably accumulating more eth in a more lower price before going to the moon next year the rocket will possibly take off finally you just have to wait a little bit.. patience is needed in all investment. |
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zasad@
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December 07, 2020, 03:48:20 PM |
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this discussion is important.
outside the probable functional difference in both, i would suspect that if you have now one ETH1, you will arrive progressively to possess one ETH1 and one ETH2.
do you agree ?
I don't really understand what you mean by this. Ethereum 1 will become one of the Ethereum 2.0 shards If miners continue to support the network or a new fork appears, then this is a different story. __ Validators have made good money over the past week. $ 130 for every 32 ethers https://beaconcha.in/validators/leaderboardhttps://twitter.com/etherchain_org/status/1335916538369544203 |
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dadas15
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December 16, 2020, 01:08:02 PM |
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You have the #2 message at ethereum. Hpe u bought some while it was cheap. |
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Mistafreeze
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December 16, 2020, 10:57:37 PM |
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ETH 3.0 next month, gogogogogogogogo!!!!!!!!
Lol where did you get this information from? |
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zasad@
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December 17, 2020, 08:18:21 AM |
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Ether futures to expand CME Group's robust crypto derivatives offering for institutional traders alongside CME Bitcoin futures https://www.cmegroup.com/media-room/press-releases/2020/12/16/cme_group_to_launchetherfuturesonfebruary82021.html"CHICAGO, Dec. 16, 2020 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it intends to launch Ether futures starting February 8, 2021, pending regulatory review. The new contract will be cash-settled, based on the CME CF Ether-Dollar Reference Rate, which serves as a once-a-day reference rate of the U.S. dollar price of Ether. Ether futures will be listed on and subject to the rules of CME.. " ETH to the moon  |
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whyrqa
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December 17, 2020, 01:33:24 PM |
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Individuals says, the following Alt coin season is going to be epic. But the situation is entirely different than it was in 2017, just compare between BTC and ETH price value on market cap. There are a ton of uncertainty and speculation working at ETH, just wish Happy days will come!
At least for Ethereum, there is still a lot to catch up, especially considering the large gap between Bitcoin and Ethereum compared to 2017. But such activity in the cryptocurrency market, which is displayed today, encourages me and I am optimistic even for the whole of 2021. |
#business #forextrader #bitcoinnews #invest
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zasad@
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December 17, 2020, 04:47:33 PM |
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optimisticcm
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Sovryn - Brings DeFi to Bitcoin
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December 17, 2020, 08:25:10 PM |
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No doubt binance bnb and binance smart chain are building a huge ecosystem and they are one of the most proactive projects in the field of blockchain technology and cryptocurrency as they aim to become a one stop solution type of service provider for all things related to crypto. While binance is advancing well still I'm quite sure that Ethereum will remain dominant and it will not only reserve its spot but also grow in all aspects in coming months. |
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lxiaoh
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December 18, 2020, 09:44:04 AM |
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The success of Ethereum 2.0 launch is the biggest ETH news of late，it changes from proof-of-work to proof-of-stake，this change has been a big controversial issue since it exposed，and good or bad i think it just only can be verified by time. Wish the congestion and high gas fees problem can solve. Besides，it is so happy to see the image of ETH VS BNB, it proves BNB is be affirmed by more and more people, although BNB is still far from ETH. |
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Piston Honda
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Juicin' crypto
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December 18, 2020, 02:12:58 PM |
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guys for real though, when ETH 3.0??
man i think the only way/reason ETH actually goes back up in value is only because bitcoin does haha, and the eth whales feel it is time.
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$ADK ~ watch & learn...
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TeraBite
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December 18, 2020, 06:06:49 PM |
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guys for real though, when ETH 3.0??
man i think the only way/reason ETH actually goes back up in value is only because bitcoin does haha, and the eth whales feel it is time.
From new year exactly on the 1st day maybe you are not following them on social media channels. Just kidding you always make me smile when I read your posts its always looking like funny. |
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onecall123
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December 19, 2020, 05:21:06 AM |
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Did you thrilled by hearing the news of CME group plans to launch ETH Futures on Feb 8th 2021. DO you have any guess, what will be the value of ETH by responding on this news? BTW! ETH throughout the following five years given development continues to progress and adoption takes place which gives boost on price.
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Termie
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December 19, 2020, 07:57:26 AM |
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not really.
"The new contract will be cash-settled, based on the CME CF Ether-Dollar Reference Rate,
which serves as a once-a-day reference rate of the U.S. dollar price of ether"
"cash-settled" like most BTC-futures, where this hadn´t positive effects to the price most of the time.
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zasad@
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December 19, 2020, 09:45:45 PM |
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No doubt binance bnb and binance smart chain are building a huge ecosystem and they are one of the most proactive projects in the field of blockchain technology and cryptocurrency as they aim to become a one stop solution type of service provider for all things related to crypto. While binance is advancing well still I'm quite sure that Ethereum will remain dominant and it will not only reserve its spot but also grow in all aspects in coming months. If decentralization is important for a person, then he will work on the Ethereum blockchain and the cost of transactions and their speed will not be very important to him. So far, projects are using other blockchains, because the issue of cheap transactions has been resolved there, but as the Ethereum ecosystem develops, the cost of transactions will decrease. But we do not know how many of the 50 projects on the binance blockchain will survive. |
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