ashmodeus (OP)
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October 02, 2019, 06:30:28 PM |
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well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability. firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point. they maybe never think before, ethereum will have tremendous popularity in the crypto industry. oh yeah , this their statement. well, any thoughts ?
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GSpgh
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October 02, 2019, 09:47:41 PM |
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Never designed for scalability but that didn't stop them from promoting it as "the world computer".
I have great respect for Vitalik as a nerd but he's too often sounding like a shyster. Make up your mind, is it the world computer, or your backyard computer.
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Kang TB
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Revolutionizing Reward Points
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October 02, 2019, 10:05:06 PM |
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well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability. firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point. they maybe never think before, ethereum will have tremendous popularity in the crypto industry. oh yeah , this their statement. well, any thoughts ? ethereum growing so fast, and maybe vitalik didn't predicted that my friend thats why a lot of issue on ethereum network but, i still believe on ethereum, because when ETH 2.0 born, it will bring a lot of change on ethereum network buddy
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BitcoinPanther
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October 02, 2019, 10:12:49 PM |
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well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability. firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point. they maybe never think before, ethereum will have tremendous popularity in the crypto industry. oh yeah , this their statement. well, any thoughts ? ethereum growing so fast, and maybe vitalik didn't predicted that my friend thats why a lot of issue on ethereum network but, i still believe on ethereum, because when ETH 2.0 born, it will bring a lot of change on ethereum network buddy He maybe a good programmer but I guess it is not is forte with regards of seeing possible things in the future. Being a programmer is different from being a strategist, or an economist. He saw things in a programming language but not in how the world works. That is why he keep on saying confusing words. But well as you said it is not late, good thing is technology is created to evolve, so if Ethereum is initially not made to scale, they can make it scale by tweaking and upgrading its design.
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disconnectme
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October 02, 2019, 10:28:41 PM |
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I think Ethereum developers should be moving from one court case to another, what was promised investors was that this would scale but what I see is that they also were overwhelmed by the success of their platform and the rate of utilization of their platform for ICOs which makes it to draw more scrutiny.
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ashmodeus (OP)
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October 02, 2019, 10:32:07 PM |
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well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability. firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point. they maybe never think before, ethereum will have tremendous popularity in the crypto industry. oh yeah , this their statement. well, any thoughts ? ethereum growing so fast, and maybe vitalik didn't predicted that my friend thats why a lot of issue on ethereum network but, i still believe on ethereum, because when ETH 2.0 born, it will bring a lot of change on ethereum network buddy indeed, but after i see this ,"Youre saying the concept of launching something that doesn't scale then rebuilding it as something thats scalable was part of initial the plan", then lubin just say : "We knew it wasn't going to be scalable for sure" , and what point i get (maybe its wrong) scalability seems be ETH problem for eternity. so i just think, ETH 2.0 still have no scalability inside. clearly disappointing, considering they discussed scalability in their documents. source image
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Bananington
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October 02, 2019, 10:34:10 PM |
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Firstly, I'll like to say this is a savage finding, what many people didn't imagine. I checked out that short video and was amazed that what's on this post is legit. Well, ethereum is somewhat scalable although lags to an extent. Maybe initially vitalik and his team didn't foresee that many projects will harness Eth blockchain. That aside, I hope to see an upgrade that brings in improved scalability for ETH in future.
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Perfect35
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October 02, 2019, 11:09:11 PM |
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If scalability was not part of it at the initial stage, can't it then be worked out? I gave always believed that a modification, upgrade or amendment can be done to it. If both of them are coming out to say this, good they admitted it. They are the designers and the developers behind it. They know every details of, so something should be done.
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btc-facebook
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October 02, 2019, 11:17:56 PM |
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scalability is indeed an obstacle to ethereum, we can see in 2017, how the Ethereum network is slower than usual because of heavy traffic, and also expensive fees. and after that event Vitalik and his team tried to upgrade ethereum by making ethereum 2.0, but will it really be improved? we wait. . but even so, I'm sure the scalability problem won't be a problem for holders, because it happened to Bitcoin until today.
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bbc.reporter
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October 03, 2019, 02:49:54 AM |
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Never designed for scalability but that didn't stop them from promoting it as "the world computer".
I have great respect for Vitalik as a nerd but he's too often sounding like a shyster. Make up your mind, is it the world computer, or your backyard computer.
Agreed! The community should also learn how to distinguish between scamming and confident hopefulness. Both of them can be similar hehehe.
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indah rezqi
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October 03, 2019, 03:58:30 AM |
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Everyone has their strengths. I think Ethereum is one of the real proofs in crypto activity, especially blockchain technology. If I look at the development of Ethereum in the past few months, I also agree with his statement.
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DaMut
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October 03, 2019, 04:22:49 AM |
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If scalability was not part of it at the initial stage, can't it then be worked out? I gave always believed that a modification, upgrade or amendment can be done to it. If both of them are coming out to say this, good they admitted it. They are the designers and the developers behind it. They know every details of, so something should be done.
No, scalability was once part of their initial stage, but it was removed halfway. It's more likely they are unable to do that back then and now they "admitted" it was never been their goal in the first place. In purpose of gaining momentum and introducing ETH 2.0 that solves the scalability issue. I will not be surprised to see them talking about this in the next few days/weeks later.
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Tipstar
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October 03, 2019, 05:01:21 AM |
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well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability. firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point. they maybe never think before, ethereum will have tremendous popularity in the crypto industry. oh yeah , this their statement. well, any thoughts ? There's no such thing as not designed for scalability. The initial team may have failed to predict the future of Ethereum and settled up with a low scalable chain but as Ethereum is a ever changing project, new changes in codes are coming that would solve many issues including the issue of scalability.
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Coin_trader
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October 03, 2019, 05:09:32 AM |
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well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability. firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point. they maybe never think before, ethereum will have tremendous popularity in the crypto industry. oh yeah , this their statement. well, any thoughts ? There's no such thing as not designed for scalability. The initial team may have failed to predict the future of Ethereum and settled up with a low scalable chain but as Ethereum is a ever changing project, new changes in codes are coming that would solve many issues including the issue of scalability. Actually there is a limitation especially on the parameters of the code that they used during the early stage. As you can see, they may use a code that not design to load tons of transactions. So in able to expand it, It's either to write all over the code and this time set the parameters right and this job is really very hard since you can't predict the volume of transaction in the future and also can't set an infinite limitation. So I believe this is the case of Ethereum Plasma. A totally upgraded ETH network with a new set of code. In short, It's new set of ETH network codes that different in the old version. Disclaimer: I'm no pro on this subject, This is just my opinion and the way I understand how ETH network upgrades.
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rz20
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October 03, 2019, 05:26:55 AM |
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If ethereum blockchain was never designed for scalability then why was it actually created? To be used my few % of the total population? that's some BS imo
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Nivia1st
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October 03, 2019, 06:05:32 AM |
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well, recently i read some article,and then, i am quite surprised about it. because Vitalik Buterin and Joesph Lubin says ethereum blockchain was never designed for scalability. firstly i think, it's just ridiculous statement. but well, since we know exactly what happened on ethreum blockchain, i guess that statement have some true point. they maybe never think before, ethereum will have tremendous popularity in the crypto industry. oh yeah , this their statement. well, any thoughts ? There's no such thing as not designed for scalability. The initial team may have failed to predict the future of Ethereum and settled up with a low scalable chain but as Ethereum is a ever changing project, new changes in codes are coming that would solve many issues including the issue of scalability. I don't think that will work, because they did say it from the start. I believe more if they increase their capacity each period (per year, maybe) this makes more sense and maybe this could be an answer to investor doubts. and if so we can come to the conclusion that the problem of scalable in ethereum is over. so if initially they were not too ambitious in introducing scalability, maybe investors were not so disappointed.
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Boardmangetpaid
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October 03, 2019, 06:13:38 AM |
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It proves how ETH is so good, they never meant to build it for that reason but most devs are still preferring to build their platform on ERC-20. It's admirable as well to see Vitalik and the team to continue developing ETH and continuously make improvements, similar to how other companies do it in the space to improve their system and alternative IEO's to provide people easier access to get in. Efforts like these will get us crypto to where we want it in the next few years. Even Ethereum's DeFi is beating Coinbase's new lending system, seems like ETH can possibly be the benchmark for all these new startups and service offerings.
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jmigdlc99
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October 03, 2019, 06:21:20 AM |
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Early ETH was scalable, probably not just on a huge enough scale they imagined to the point that the whole world would be using it concurrently.
I have no arguments against ETH (vitalk, lubin, or devs) because they realized their mistake (on scalability) and have ever presently been working to correct it ever since. If anything, i would just comment on the fact that they can't get their timelines right. They've been promising ETH2.0 or proof-of-stake for 3 years now and nothing has materialized.
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0xacBBa937A57ecE1298B5d350f40C0Eb16eC5fA4B
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Moiyah
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October 03, 2019, 08:53:02 AM |
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It is really not a joke that ethereum facing a big problem which is the scalability, developer of said blockchain is admitting it is true. But, ethereum never stop to create solutions because they knew what their blockchain incapable of. They knew what ethereum’s limitation that’s why they never stop trying to solve and improve. They create multiple setbacks for prevention and progression of the chain.
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gaston castano
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October 03, 2019, 05:29:18 PM |
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okay maybe scalability has a slight negative effect where when the load is too much he can't do repairs or maintenance himself, it can be seen when many transactions take place in a long shipping process, high fees. however it is not affected by its use because indeed they still need to transact using ethereum networks.
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