Ethereum is dead

[VoskCoin]

He's not referring to the fact that one pool is having issues.  He's referring to the issue itself as the evidence.  The issue is that transaction fees for ETH are so high right now that this pool stopped sending payments, because they are the ones covering the fee.

There're for sure better options available now that can replace Ethereum completely. Ethereum introduced the concept of "smart contracts", which made it so successful. Now many coins are creating a better interface & system for creating & managing smart contracts.

I'm not expecting any flippening anymore, not at least with Ethereum.

Really? I'm not seeing any other platform competiing with eth. EOS is the laughing stock of the crypto community. EOS is a piece of centralized garbage, barely anyone uses neo and tron is a scam.

Eth has the 2nd highest trading volume after bitcoin.  Eth isn't going anywhere.

I'm not referring to EOS or Tron. I'm referring to the coins which have smart contracts platform "under development" right now, and once they're all ready to go, they might outperform Ethereum. Look at Cardano for example, the thing they're developing is better than Ethereum in almost every way.

Why exactly do you think Cardano is better? I am not arguing with you, genuinely curious.

[1714738881]

1714738881

[1714738881]

1714738881

[QuintLeo]

ETH ASIC is on the way , and with that little help the system capacity is might going to be much higher but miners going to make much less

Already arrived, and the only one currently available turns out to be LESS efficient (by a hair) but somewhat lower cost than a well-tuned 6-card GPU rig.

Ignore those spam emails proporting to be from "bitmaintech", they are nothing but lies.

[Nooby-miner]

The Ethereum-based game Etheremon has decided to partially move off the ETH network and will “explore options” with Zilliqa’s development team. According to the game’s official blog post, battles between users have been taken off-chain because high gas prices have “limited” the Etheremon gaming experience.

[Raja_MBZ]

He's not referring to the fact that one pool is having issues.  He's referring to the issue itself as the evidence.  The issue is that transaction fees for ETH are so high right now that this pool stopped sending payments, because they are the ones covering the fee.

There're for sure better options available now that can replace Ethereum completely. Ethereum introduced the concept of "smart contracts", which made it so successful. Now many coins are creating a better interface & system for creating & managing smart contracts.

I'm not expecting any flippening anymore, not at least with Ethereum.

Really? I'm not seeing any other platform competiing with eth. EOS is the laughing stock of the crypto community. EOS is a piece of centralized garbage, barely anyone uses neo and tron is a scam.

Eth has the 2nd highest trading volume after bitcoin.  Eth isn't going anywhere.

I'm not referring to EOS or Tron. I'm referring to the coins which have smart contracts platform "under development" right now, and once they're all ready to go, they might outperform Ethereum. Look at Cardano for example, the thing they're developing is better than Ethereum in almost every way.

Why exactly do you think Cardano is better? I am not arguing with you, genuinely curious.

I don't like to shill any coin, but since you've asked that, I'd like to give a little insight of what Cardano exactly is (totally based upon my opinion, not a financial advice in any way):

It's much better than Ethereum. As I said earlier, Cardano's smart contract platform (which is not 100% ready yet) is far better than Etheruem's smart contract platform. Cardano released their smart contracts testnet in late May, the "custom" programming language which they've used for that is something which was required in crypto. It's totally unique and made just for Cardano, unlocking the possibilities of many security layers which Ethereum can only dream of.

Next, a little bit off-topic here but worth mentioning if you'd like to know more about Cardano; it's only a matter of time before they completely implement their "BLISS" and become quantum-resistant. IOTA's tangle can literally never be successful (or be better than BLISS) as their tangle is technically flawed with no future (again, it's all my personal opinion).

Everything of Cardano is simply awesome.

[DireWolfM14]

I agree, Cardano is pretty darn cool.  However, I don't think ETH is gonna sit idly by and let Cardano take center stage.  Too many coins, ICOs, and DApps rely on ETH to allow it to fail.  Just my opinion, and it's worth all that you paid for it.

[badfad]

He's not referring to the fact that one pool is having issues.  He's referring to the issue itself as the evidence.  The issue is that transaction fees for ETH are so high right now that this pool stopped sending payments, because they are the ones covering the fee.

There're for sure better options available now that can replace Ethereum completely. Ethereum introduced the concept of "smart contracts", which made it so successful. Now many coins are creating a better interface & system for creating & managing smart contracts.

I'm not expecting any flippening anymore, not at least with Ethereum.

Really? I'm not seeing any other platform competiing with eth. EOS is the laughing stock of the crypto community. EOS is a piece of centralized garbage, barely anyone uses neo and tron is a scam.

Eth has the 2nd highest trading volume after bitcoin.  Eth isn't going anywhere.

I'm not referring to EOS or Tron. I'm referring to the coins which have smart contracts platform "under development" right now, and once they're all ready to go, they might outperform Ethereum. Look at Cardano for example, the thing they're developing is better than Ethereum in almost every way.

Why exactly do you think Cardano is better? I am not arguing with you, genuinely curious.

I don't like to shill any coin, but since you've asked that, I'd like to give a little insight of what Cardano exactly is (totally based upon my opinion, not a financial advice in any way):

It's much better than Ethereum. As I said earlier, Cardano's smart contract platform (which is not 100% ready yet) is far better than Etheruem's smart contract platform. Cardano released their smart contracts testnet in late May, the "custom" programming language which they've used for that is something which was required in crypto. It's totally unique and made just for Cardano, unlocking the possibilities of many security layers which Ethereum can only dream of.

Next, a little bit off-topic here but worth mentioning if you'd like to know more about Cardano; it's only a matter of time before they completely implement their "BLISS" and become quantum-resistant. IOTA's tangle can literally never be successful (or be better than BLISS) as their tangle is technically flawed with no future (again, it's all my personal opinion).

Everything of Cardano is simply awesome.

So it's much better? 

[Raja_MBZ]

I agree, Cardano is pretty darn cool.  However, I don't think ETH is gonna sit idly by and let Cardano take center stage.  Too many coins, ICOs, and DApps rely on ETH to allow it to fail.  Just my opinion, and it's worth all that you paid for it.

Exactly. Too many "good" dApps currently rely on Ethereum, and this is the only reason why it's not gonna be easy to beat Ethereum in terms of popularity and market-cap.

Current major issue of Ethereum: https://www.coindesk.com/vitalik-ethereum-app-builders-screwed-scaling-limits/

[m.vina]

I agree, Cardano is pretty darn cool.  However, I don't think ETH is gonna sit idly by and let Cardano take center stage.  Too many coins, ICOs, and DApps rely on ETH to allow it to fail.  Just my opinion, and it's worth all that you paid for it.

Exactly. Too many "good" dApps currently rely on Ethereum, and this is the only reason why it's not gonna be easy to beat Ethereum in terms of popularity and market-cap.

Current major issue of Ethereum: https://www.coindesk.com/vitalik-ethereum-app-builders-screwed-scaling-limits/

I beg to disagree. While I recognize that scaling limits are currently an issue with the Ethereum blockchain, solutions are already being developed. Sharding and other protocols have are already in the works and can be seen on their github page.

What do you think will then happen when ETH finishes these? 

[Doni saputra]

it is impossible that ETH will die ... many ICOs are promoting their coins using ETH coins .. i think ETH coins will not die .. that's the reason of me

[Nooby-miner]

Well here is another piece of the puzzle.
The Chinese want to take over the crypto market. They have forbidden anyone in china buying crypto coins that are not Chinese. Trump needs to pile on a tonne of more sanctions, and the dems should support this. They intent to kill every coin that is not theirs.

EOS, the popular decentralization-oriented blockchain may be deliberately attacking the Ethereum network through various dishonest tactics.

According to Justo, his team was able to see that EOS was behind a series of Airdrops of tokens with little or no value at all. This strategy caused the price of GAS needed to process transactions to rise considerably, thus congesting the Ethereum network:

https://ethereumworldnews.com/eos-accused-attacking-ethereum/

[ikicha]

Pool issue and you say ETH dead? hahaha
Cmon, ETH network have bigger pending transaction and make some delayed on ETH network

[Nooby-miner]

Pool issue and you say ETH dead? hahaha
Cmon, ETH network have bigger pending transaction and make some delayed on ETH network

Thats a completely one dimensional view. ETH problems are not "one" pool, or even many pools, its a fundamental flaw that has opened it up to abuse and its own demise.

[Nooby-miner]

Moreover, according to Bitcoin.com News, Ethereum is so congested that some exchanges are forced to disable ETH Wallets .

https://steemit.com/ethereum/@steem.racing/ethereum-network-congestion-forces-exchanges-to-halt-withdrawals

[jmigdlc99]

Moreover, according to Bitcoin.com News, Ethereum is so congested that some exchanges are forced to disable ETH Wallets .

https://steemit.com/ethereum/@steem.racing/ethereum-network-congestion-forces-exchanges-to-halt-withdrawals

Just flagging the post above as a fake news article.

The article doesn't even mention which exchanges were affected. FYI, you can always check Ethereum network congestion using https://ethgasstation.info/ and currently as of writing ETH gas price is only 1 GWEI. Thats like $0.01 for a high speed transaction.

TLDR: The article shills some other shitcoin by spreading fake news. Obvious malicious intent.

[adaseb]

Its funny because when I read the title I assumed it was some GPU miner who was going to complain about profits.

ETH network always had congestion issues, Bitcoins network was even worse at times. Remember having to pay a 300 Sat/btye fee when BTC was $20000?

I remember back in 2017 many of the huge and succesful ICOs had basically people paying thousands of dollars in ETH fees to be the first to buy into the ICOs. And later when those ICOs were listed on exchanges they were usually sold at a huge mark-up.

One issue with this however is the size of the blockchain, it got so large that for many you can't even run it on your computer, especially a full node.

Hopefully the ETH dev team does something to reduce the size of all these transactions because its growing at a very high pace.

[Comino]

Im predicting the death of Etherum, and here's why.

https://bitcointalk.org/index.php?topic=3215609.msg41780536#msg41780536

Walking dead ))))))) it is not that dead and it will be back. Don’t lose hope

[john1010]

This is the most funniest thread I've ever seen..       You have no idea dude, Eth is dead ? really? then when it will going to happen? can you give us the exact date since that your are a descendant of Nostradamus.. Let us now..    

Dwarfpool maybe but not eth hehehe!

[blockchain_master]

Doesn't seem to be legit. Just one out of hundreds. ETH is gonna be fine

[Painfire]

In such a case Ethereum team can say that the rumors about Ether death are a little bit exaggerated. Problems with one pool don’t mean overall crash with Ethereum.

[BennyT]

8 days after OP declared panic... all has returned to normal. 8 days... imagine if he was around during the real tough times, probably would have sold everything at a loss.