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Author Topic: Never expect any big boom in ETH 2.0  (Read 541 times)
DashingAgent (OP)
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October 28, 2020, 07:22:15 AM
Merited by concept2 (1)
 #1

Never expect any big boom in ETH 2.0

Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.

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October 28, 2020, 08:59:35 AM
Merited by concept2 (3)
 #2

Well, but at least we can expect a big boom in the price of ETH 2.0. You know, the price of Ethereum is controlled by the people. So if the people believe in this change and create a new hype, Ethereum price surely will surge strongly.

Innovations in Ethereum is needed day by day so that it becomes stronger everyday. And at some point in the future, we can witness the huge adoption of ethereum which turn out to be a revolution not just the economy itself but also the whole society. Maybe at the moment, usage of smart contract is opaque, but it does not mean we have to stop our development from creating new advantages for ethereum. If you are a crypto enthusiast, just support ethereum with all of your efforts   Cool

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October 28, 2020, 05:41:08 PM
Merited by concept2 (1)
 #3

You cannot predict what will happen, do you know that most of the updates will trigger the hype of a certain project therefore there is a big possibility that there will be an upcoming hype once Eth 2.0 will be launch.

Though this is only my expectations as this is what I saw to most of the increase of a certain project, though you should still invest wisely either you will ride the flow or you will follow your own instinct. But as long as you will profit in the end, none of this will matter.

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October 28, 2020, 06:13:07 PM
 #4

Most Ethereum users and DAPP's have been pushed to the sidelines this year because of astronomical gas fees as the network has been dominated by DeFi,

if ETH 2.0 can bring gas prices consistently within 5-10 gwei, the activity on ETH network will grow exponentially which almost certainly has a bullish effect on price.

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October 28, 2020, 06:23:57 PM
 #5

It's been too long since they announced the possible launch of ETH 2.0 been in the news and were still thinking when will be really used and said to start, due to defi hype we were able to  see how the fees and Slow transactions happen that's why even its just not beneficial for others many will still be able to appreciate it. And we really need some update from ETH so they can improve their service.

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October 28, 2020, 06:26:13 PM
 #6

Never expect any big boom in ETH 2.0

Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.
ETH 2.0 wont really be the same with that forked coin ETC and even though you do see that theres no soo much impact into its price with ETH 2.0 but you dont know
on what can hype will eventually do when it comes to price increase.It can made to shoot up to the moon where everyone is been mainly talking about this.
For total relevance then it might not really be that a big shift and this will all matter on how they do market it out or making some hype to drive the prize
into crazy levels. Never expect any big boom? You cant tell because if you do miss it out that will surely leave you in regrets.  Cry

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October 28, 2020, 06:44:47 PM
 #7

ETH 2.0 will make people hold more of it.

The staking will make a lot of holders and investors would want to have that passive income. I think there will be an effect of rise and probably big boom. But you are right too, that it's better not to expect a lot from the prices.

Although it's fine to assume that something like that is about to happen too. Choose to be balance if you want to.



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October 28, 2020, 06:51:28 PM
 #8

ETH 2.0 is not a new coin, it is just eth, we are calling it 2.0 because there is going to be a big upgrade to eth itself, which is going to challenge a lot of problems eth is facing right now. Plus we are going to have a proof of stake instead of proof of work as well which will make a ton of miners useless and a lot of rich people even richer, you won't need equipment, you just need money to buy eth and you will be ready.

So, I would say best way to go with expecting 2.0 would be to understand what you are waiting, if you are waiting for something that doesn't really exist outside of your mind, that means you can't get what is coming in reality neither. Read and learn what 2.0 is all about and I am sure you will love it too, it is good for everyone except miners.

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October 28, 2020, 08:42:30 PM
 #9

I think when version 2.0 of ETH comes out the price will definitely increase, but how much could the price reach I am not sure.
Although Ethereum's reputation is not good due to the delay of version 2.0, but ETH price is still increasing day by day. So we can fully believe that when version 2.0 launches it will cause the price of ETH to increase significantly.


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October 28, 2020, 10:24:28 PM
 #10

I think when version 2.0 of ETH comes out the price will definitely increase, but how much could the price reach I am not sure.
Although Ethereum's reputation is not good due to the delay of version 2.0, but ETH price is still increasing day by day. So we can fully believe that when version 2.0 launches it will cause the price of ETH to increase significantly.


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October 29, 2020, 09:23:33 AM
 #11

Never expect any big boom in ETH 2.0

Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.
I disagree on your point, ETH2.0 isn't only about transactions like you claim, the platform is switching to proof of stake and that's new, many whales are waiting for this opportunity, many prefer staking over mining, I don't expect Ethereum to spike up to 2000$ with this but believe me Ethereum will get better

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October 29, 2020, 09:50:55 AM
 #12

We have our different point of view on that matter, i admit that im expecting a big pump on ethereums price once the 2.0 version is launch.  I dont know why some people give some negatuve feedbacks on eth 2.0.

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October 29, 2020, 05:56:28 PM
 #13

the inflation of eth will go down after eth 2.0.
now yearly 5m eth mining and all of this cause price down or make big sell orders.
after eth 2.0 this amount will be 100k/year.
and this will cause of rising of price I think.
I hope they will release it soon
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October 29, 2020, 07:23:00 PM
 #14

really ? a token ? all the time i thought this eth 2.0 is an upgrade to the old eth , like btc 2.0 and other coins but if its true that there is no upgrade on the eth network , that token there are still going to be a thing since it comes on the eth . eth classic was different i think ? or eth classic was not really created under the eth hood because it didnt got alot of positive impressions .  eth 2.0 havent been released but millions of people are verry excited for its arrival . they gotta promise that the excitment that they feel wont change or not only temporary
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October 29, 2020, 08:09:47 PM
 #15


Its the most anticipated to happen that the ETH2.0 will be an explosion actually. This is why the rest of the investors ares buying just to stake 32 ETH to profit. It will likely go up still if proven the anticipating is true.

Never expect any big boom in ETH 2.0

Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.
I disagree on your point, ETH2.0 isn't only about transactions like you claim, the platform is switching to proof of stake and that's new, many whales are waiting for this opportunity, many prefer staking over mining, I don't expect Ethereum to spike up to 2000$ with this but believe me Ethereum will get better

Nothing has changed yet to ETH but its going to be updated and this update is gong to solve a lot of ETH problems in the past. I'm sure it will cost more than its ATH.

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October 30, 2020, 03:45:08 AM
 #16

really ? a token ? all the time i thought this eth 2.0 is an upgrade to the old eth , like btc 2.0 and other coins but if its true that there is no upgrade on the eth network , that token there are still going to be a thing since it comes on the eth . eth classic was different i think ? or eth classic was not really created under the eth hood because it didnt got alot of positive impressions .  eth 2.0 havent been released but millions of people are verry excited for its arrival . they gotta promise that the excitment that they feel wont change or not only temporary

It's actually an upgrade to ethereum it's not just a token.

Read this article to know more faq about eth 2.0 and what we should expect once they fully launch it.
https://consensys.net/knowledge-base/ethereum-2/faq/ .

Every one is waiting in it already years now but no idea of when they really plan to make it available for every one.
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October 30, 2020, 07:09:35 AM
 #17

Even if we aren't to expect a big boom in eth 2.0, atleast, I personally, am expecting a big boom in the price of eth when eth 2.0 finally goes live.
And am also expecting many new projects to spring up on Ethereum when eth 2.0 gets launched, big things are coming to Ethereum and I advice you get now that it's still very early, eth will explode with the launch of eth 2.0 and theres no doubt about that.
I believe so much in Ethereum and I know it will make us all proud.

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October 30, 2020, 07:49:50 AM
 #18

For me i am optimistic that the lauching of eth 2.0 will bring the price of thereum to go up even some people will say that eth 2.0 is still not enough to drive  ethereum price to go up.

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October 30, 2020, 10:11:26 AM
 #19

Many people expect to see a big boom in ethereum 2.0, although we don't know if that will make really any boom for that. Many people are still trying to buy ethereum as the price still at a low price and not going to increase so high. The news about staking ethereum attracts people to buy more and more to join with the staking event, and earn profit from that. Who knows, before the update news release, the price will start increase, especially after bitcoin can break $14k. We can hope that we will see a new ATH for ethereum because if that can happen, we will make a big profit as before. But before that is happening, we can prepare to buy more ethereum if we want to join with the stake and sell some ethereum at a new high price.

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October 30, 2020, 11:17:59 AM
 #20

Never expect any big boom in ETH 2.0

Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.

Yeah it's better not to expect since maybe there will be something wrong happen and our expectation will not came into reality but it's still good to look after on it since there's still possibilities that we can earn on it, provably it will bring hype and it's good to be open and buy in good position  to earn. But also don't only look with the downside since I'm sure you are just worried about the future so best to ride with the flow and just make sure you will not left bag holding some if the hype fades away brought by 2.0.

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October 31, 2020, 05:32:54 PM
 #21

ETH 2.0 might cause an increase in the price, but not really a big boom like most people would be expecting , because I already know that a lot of people are looking forward to a very big up trend with the ETH 2.0, but that's not how I'm seeing it, although some people are already creating hype around it, that still won't make much difference. When it's right for the price to go up it will, as for now there wouldn't be much.

Like OP has said, it's just some improvement in the transaction to make it more better in handling transactions than it used to do, which will be helpful for us, because things were kind of getting difficult with all these DeFi craze.

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October 31, 2020, 09:27:46 PM
 #22

There was already a boom on ethereum regarding the news on ETH2.0 in the middle of the year or something, news affects and one of the conditions responsible for price spike and fall of ethereum, bad news brings bearish market and good news bring bullish markets. However ETH 2.0 upon completion would actually bring big boom to the network and likewise brings more investors to ethereum smart contract.
Although it had taken much time making the long waiting hopes starting fading away gradually, but its feature will surely make ethereum price hits ATH because so many investor will consider buying ETH in joining getting profit immediately when launch.
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November 02, 2020, 05:17:59 AM
 #23



Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.
You can't even put ETC in the same level as ethereum. So many times ETC has been getting 51% attack which is really annoying for anyone who has been supporting it. In ethereum, the next update will be focusing to provide a scalable chain with more complexity and various features that will give the holders a lot of advantages.

I don't agree if you are taking ETC as a comparison for ethereum.

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November 02, 2020, 06:05:57 AM
 #24

It seems like eth 2.0 could bring more investors and a drive to own 32 eth for staking. On top of that, there are always catalysts going on and ethereum can be an attractive alternative to bitcoin which may seem to hard or too expensive for people to own as time goes on. 

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November 02, 2020, 02:45:21 PM
 #25

ETH 2.0 still does not solve the auction mechanism in confirming transactions, it is completely meaningless. The ETH source code is being built in a hurry and we are having a lot of difficulties scaling the blockchain right now. It is possible to rewrite the entire source code of ETH.
Events related to ETH 2.0 may generate FOMO in terms of price, leaving nothing new.
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November 02, 2020, 07:54:33 PM
 #26

Actually we don't know ETH price will boom or not after fenilize 2.0 upgrade. It seems like my dream if ETH will boom after that then i will receive some more profits. Although just time to now patients for relief.
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November 03, 2020, 04:26:48 AM
 #27

Never expect any big boom in ETH 2.0

Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.
I don't think you can just tell people like that not to expect mate because for year they have been waiting like me.
And we believe that this will bring another Hype in Ethereum platform specially the effect of Bitcoin halving is still in the air.

I still believe that 2.0 will at least make the price different from what is running now even if this will happen in just a short time.

Actually we don't know ETH price will boom or not after fenilize 2.0 upgrade. It seems like my dream if ETH will boom after that then i will receive some more profits. Although just time to now patients for relief.
We can just still Hold mate,because the Bull will not come this year instead in the following so we still have some time to Keep and purchase.,

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November 03, 2020, 05:54:16 AM
 #28

Actually we don't know ETH price will boom or not after fenilize 2.0 upgrade. It seems like my dream if ETH will boom after that then i will receive some more profits. Although just time to now patients for relief.
More than 100% increase happened with ethereum since the announcement of ethereum 2.0.
that's more than enough to call that as a big success for ethereum 2.0 to attract the hype again.
There will be exact date for the launch of ethereum 2.0

The next update will not only bring the benefit for the holders but all of parties who have involved in the ethereum ecosystem.
More scalability, privacy, improvements will be coming very soon. That will be a huge update for ethereum for sure.
I have expected another boom will come.

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November 03, 2020, 10:19:00 AM
 #29

Never expect any big boom in ETH 2.0

Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.
You have a good point on that things that i overlooked before and expect too much regarding the 2.0 release.
I must admit that i am totally positive about this because almost half of my folio are in Ethereum and all i wanted is to see the price grow high ,since it was denied last halving then this 2.0 version is my last ace.
But seeing your post here i finally understand that if there might be a Hype it will not as huge as what we are looking for.thanks for enlightenment mate,this really helps us not become frustrated when the day comes it was released and we won't get what we wanted.
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November 03, 2020, 10:51:36 AM
 #30

ETH 2.0 will be a major next thing. Even if it doesn't solve all the problems with the blockchain of Ethereum, it will drive the price up as if there was no tomorrow. We are far away from ETH's ATH, with the same fundamentals, so depending on the narrative for 2.0 we could see a huge rise.

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November 03, 2020, 04:56:27 PM
 #31

I don't put much faith in Ethereum's technologies when they were made for a short-term purpose. Consequently, the current transaction costs are pushed too high along with the difficulty in blockchain expansion as well as DAPP development on the Solidity complex. Launching ETH 2.0 will still be unable to solve the problems within it. ETH needs to be rewritten in its full code and that's impossible.
At least the value of ETH will go up and that's good for investors.

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November 05, 2020, 12:15:44 PM
 #32

I don't know ethereum price will go up after new technology update. I just take opportunity buy cheap price and sold after higher price so i don't fell it. Maybe 2.0 will update next year so we need waiting for announced.
There were no news yet about Ethereum. 2.0  final released or update. It's been too long waiting since there's a need for an update now as ETH platform indeed need an update to make more transactions faster. Due to bulk transactions happening in ETH the transactions delay as well too high fees usually happens, if 2m0 will released fast and solve the issues expect a big increase in price of ETH.

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November 05, 2020, 03:25:16 PM
 #33

I never expect eth price will go up at the time eth 2.0 is release but still the price of eth depends on bitcoin. As you can see bitcoin and ethereum are the only coins that is up.  Other alts are down.

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November 05, 2020, 11:42:24 PM
 #34

I never expect eth price will go up at the time eth 2.0 is release but still the price of eth depends on bitcoin. As you can see bitcoin and ethereum are the only coins that is up.  Other alts are down.
Many users these days expects more of ethereum to boom its price. Even me I expect it a lot since mostly of my assets in crypto are in alts. Yes other alts are down, so good thing for those who truly have btc and eth in their wallet as we can see the price of these two are increasing, but we should also not expect much of eth.

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November 06, 2020, 01:46:23 PM
 #35

Never expect any big boom in ETH 2.0

Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.
Our demand may remain large. Etherium is a popular cryptocurrency and we can expect something good from it. As I think now, maybe something better is waiting for us.

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November 06, 2020, 02:03:18 PM
 #36

Never expect any big boom in ETH 2.0

Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.
Our demand may remain large. Etherium is a popular cryptocurrency and we can expect something good from it. As I think now, maybe something better is waiting for us.
Something better is definitely in store for us, as we can see in the market now, bitcoin and Ethereum are both rapidly moving higher in price, and it's a positive sign for us all, anyone who say we shouldnt expect big boom in eth 2.0 doesn't know what he or she is saying.

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November 09, 2020, 11:00:38 AM
 #37

For me ETH 2.0 means pos instead of POW so basically the gas fee may go down lowering the transaction fee
So prices can go on a couple of counts
1) People hodl 32 eth to earn staking rewards
2) More projects move to ETH 2.0 more adoption would translate to more demand for eth2.0
Just my thought
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December 10, 2020, 09:13:18 PM
 #38

Never expect any big boom in ETH 2.0

Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.

We cannot 100% know what will happen to ETH 2.0 and its price. The price of Ethereum itself is important to me. Of course, there are a number of factors that slow down the growth of the price of ETH, but all this can change at any moment and the price can fly to the moon. Now the main thing is to see the goal and go towards it. As for me, ETH 2.0 seems to be supposed to solve the problem with the load on the network, if this is the case and this happens, then all this will probably have a positive effect on the price of at least ETH itself.
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December 11, 2020, 06:38:33 PM
 #39

<...>
Expectations on ETH 2.0 completions affecting the price of ETH to be high failed roughly, OK, the new version I'd completed, what's the impart in price nothing,I know many bought ETH expecting a big gain but all these failed. The new version eth2.0 was just for the purpose of fast transactional issues and problems.
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December 14, 2020, 07:23:53 AM
 #40

For me ETH 2.0 means pos instead of POW so basically the gas fee may go down lowering the transaction fee
So prices can go on a couple of counts
1) People hodl 32 eth to earn staking rewards
2) More projects move to ETH 2.0 more adoption would translate to more demand for eth2.0
Just my thought

Yeah, perhaps people looking to earn reward from staking eth now that it has the pos features will probably hold, if the staking reward is attractive it will attract more investor to buy eth to stake, it will increase the demand, reduce the selling or trading pressure and eventually translate to price,
more project can move to eth 2.0 if the scalability issue as being resolve to the barest minimum, the network is bale to perform better even under an increase in work load because the more the adoption from new project, the more the work load.

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December 14, 2020, 09:50:02 AM
 #41

For me ETH 2.0 means pos instead of POW so basically the gas fee may go down lowering the transaction fee
So prices can go on a couple of counts
1) People hodl 32 eth to earn staking rewards
2) More projects move to ETH 2.0 more adoption would translate to more demand for eth2.0
Just my thought
There will always be pros and conts about ethereum 2.0 and you should remember about these things too
1. there is a locking period for the ethereum that already deposited into the POS staking wallet. You can't get back your ethereum until ethereum update 1.5 (1 year probably)
2. Ethereum will implement sharding update probable at the middle quarter of next year.
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December 17, 2020, 12:13:55 PM
 #42

I still expect to have another big moment with ethereum, and with the new update from ethereum, I think that will gain more investors to invest in the ethereum project. The price now seems good for the ethereum, and even the price does not yet increase and pass $600, I am sure it will happen soon. Ethereum will only need the right time to back increase and hit the new ATH like what bitcoin price will do later.
this time ethereum is almost couthing $700 which can be considered as another floor for ether, Ethereum just need bitcoin to be stable and it can make so many bitcoin investors will be moving to trade on ethereum. You can see that the correlation between ethereum and bitcoin.
Bitcoin gets stable for a few hours and ethereum started its rally. What ethereum needs should be the bitcoin traders.

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December 17, 2020, 12:17:59 PM
 #43

I still expect to have another big moment with ethereum, and with the new update from ethereum, I think that will gain more investors to invest in the ethereum project. The price now seems good for the ethereum, and even the price does not yet increase and pass $600, I am sure it will happen soon. Ethereum will only need the right time to back increase and hit the new ATH like what bitcoin price will do later.
this time ethereum is almost couthing $700 which can be considered as another floor for ether, Ethereum just need bitcoin to be stable and it can make so many bitcoin investors will be moving to trade on ethereum. You can see that the correlation between ethereum and bitcoin.
Bitcoin gets stable for a few hours and ethereum started its rally. What ethereum needs should be the bitcoin traders.
This is really good point because now its all depend on Bitcoin if its going to be in some good position surely its going to be big  moment for Ethereum investors because they will face some good with this as well and right now we have some good chances of some good boom in Ethereum prices because Bitcoin is also gaining some good support and this could be great for crypto world.

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December 18, 2020, 05:19:15 AM
 #44

Eth 2.0 launched and operating??
But why didn't Gas fees are lowered by now??
Cant find any information about it can anyone share some.
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December 18, 2020, 10:08:38 PM
 #45

I still expect to have another big moment with ethereum, and with the new update from ethereum, I think that will gain more investors to invest in the ethereum project. The price now seems good for the ethereum, and even the price does not yet increase and pass $600, I am sure it will happen soon. Ethereum will only need the right time to back increase and hit the new ATH like what bitcoin price will do later.
this time ethereum is almost couthing $700 which can be considered as another floor for ether, Ethereum just need bitcoin to be stable and it can make so many bitcoin investors will be moving to trade on ethereum. You can see that the correlation between ethereum and bitcoin.
Bitcoin gets stable for a few hours and ethereum started its rally. What ethereum needs should be the bitcoin traders.
Am kinda disappointed cus to be sincere, I had expected more, considering where bitcoin is now, I expected Ethereum to much have gone past $1000 dollar buy, but by now, it's still hovering between $650 and $700 dollars, but then, I understand that even though history repeats it self, it mustn't always appear the same way,

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December 18, 2020, 10:47:59 PM
 #46

Eth 2.0 launched and operating??
But why didn't Gas fees are lowered by now??
Cant find any information about it can anyone share some.
Dude, didn't you read the roadmap of ethereum 2.0 properly? It clearly says that if the sharding solution will not come together with the ethereum 2.0 first update.
it will be coming in the next update or maybe the last phases of ethereum 2.0
I hope you can go to the ethereum's site and read all of the roadmap properly. Ethereum core developers have explained it properly.

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December 19, 2020, 02:27:43 AM
 #47

Never expect any big boom in ETH 2.0

Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.
I should have read this thread before man, I have a wrong interpretation about this 2.0 version of Ethereum in which i thought that Staking will be the one factor for ETH to increase more amount.
The good thing is i Kept my ETH from the fall early this year and did not Purchase new sets for this event.
Thanks for reminding though its been late that i checked.
Eth 2.0 launched and operating??
But why didn't Gas fees are lowered by now??
Cant find any information about it can anyone share some.
Last December 1 the first block was released and looking for the Gas be Decreasing ?i think this is still on the process mate and will reflect sooner in time.









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December 19, 2020, 11:31:06 AM
 #48

Never expect any big boom in ETH 2.0

Do never expect any big boom in ETH 2.0 since it is just a utility token which is just created for the transaction purpose, even if ethereum add the smart contracts facility on ETH 2.0 then how many people will create their blockchain apps on it? We already having ETH Classic which is not performing well.
Hoping that many account read this before the Bull starts last November because if not then maybe there are some investors that Mislead by others who is continue posting that the Value of ETH will increase because of 2.0 release things that did now Happen .

Eth 2.0 launched and operating??
But why didn't Gas fees are lowered by now??
Cant find any information about it can anyone share some.
Same question in my mind ,why does this not giving benefits from the ETH users since the main problem now in Ethereum network is Congestion like what Bitcoin having most of the time.

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December 19, 2020, 09:35:03 PM
 #49

Eth 2.0 launched and operating??
But why didn't Gas fees are lowered by now??
Cant find any information about it can anyone share some.
In Phase 0, the beacon chain was activated and PoS was implemented, but Ethereum PoW will still work. The beacon chain is just the beginning of Ethereum 2.0 and will not handle transactions, execute smart contracts or host dapps. Ethereum's congestion problems will be addressed from Phase 1, where shard chains, which are the scalability solution for the network, will be implemented.

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December 19, 2020, 11:42:09 PM
 #50

Eth 2.0 launched and operating??
But why didn't Gas fees are lowered by now??
Cant find any information about it can anyone share some.
In Phase 0, the beacon chain was activated and PoS was implemented, but Ethereum PoW will still work. The beacon chain is just the beginning of Ethereum 2.0 and will not handle transactions, execute smart contracts or host dapps. Ethereum's congestion problems will be addressed from Phase 1, where shard chains, which are the scalability solution for the network, will be implemented.


That needs a process to migrate ethereum 1.0 to the 2.0
as far as i know if POW will always work. I heard that about the possibility for ethereum 2.0 to be a hybrid consensus which mean POW will still work while it will be running with the POS consensus at the same time but this is not yet confirmed by the ethereum core developers.
I see that CMC has been writing total supply of ether and idk whether that's true or not.

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December 26, 2020, 07:23:59 PM
 #51

I will have to disagree with you, concerning this. ETH on the other hand has been doing good recently. And who ever deep it fit to invest in ETH few weeks ago will have made some cash for themselves already. From around $250 to over $600 as I speak right now. Sometimes, our prediction can go wrong.  I believe we might have done some calculations and based our assumption on that, but this cryy market has it way of surprising everyone. Congrats to them that have running Investment with ETH.

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December 26, 2020, 11:54:51 PM
 #52

I will have to disagree with you, concerning this. ETH on the other hand has been doing good recently. And who ever deep it fit to invest in ETH few weeks ago will have made some cash for themselves already. From around $250 to over $600 as I speak right now. Sometimes, our prediction can go wrong.  I believe we might have done some calculations and based our assumption on that, but this cryy market has it way of surprising everyone. Congrats to them that have running Investment with ETH.
People are not taking it from the yearly low price and they were taking it from the ATH as the comparison to the current price. They didn't realize if the price already 2x from the yearly bottom price that achieved by ethereum in march. Those who have bought ethereum when the price was around $250 or a bit more should be feeling with the current price of ethereum.
I doubt the big boom will happen again. This time ethereum doesn't seem to follow bitcoin.

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