Is Ethereum going to Die?

[judeafante]

Ethereum is not going to die now unless they mess up the Ethereum 2.0 launch, there is increasing demand from Ethereum to scale and I believe time will come that there would be an exodus of developers away from Ethereum to other promising chain if they failed to come up a good scaling solution

The 2.0 version will be a big deal and it will be the parameters if Ethereum will remain the top coin in the market, after the launching of version 2.0 I don't think people are going to ask about Ethereum's weakness anymore, this will stabilize everything including the FUDS, that keeps posting about who will and can replace Ethereum.

[cotton ball]

it is true that binance and Polkadot have made something better for ethereum eth 2.0 developers are still running today to improve their blockchain the competitors have prepared everything for investors to switch to a better blockchain to make investors more interested and now that has happened binance has made a breakthrough in their smart contact to increase coin trading on exchange bep20.

[opeku]

Personally I think eth has not gotten the value it deserves but that does not mean eth is going to die. Most projects are built on the Ethereum Blockchain and it's an indication that if ethereum dies they die of and that's the last thing crossing my mind now

[Adreman23]

Until there are developers working to improve the ethereum blockchain and there are new projects coming in and creating new tokens, ethereum will stay and people will continue to support the ethereum blockchain. There are new blockchains popping up and they said "hey this is better than ethereum" but still people always trust crypto coins that has been around in this industry for a long time like bitcoin and ethereum.

[pinggoki]

If you are really a long-term supporter of ethereum then you must already know that ethereum will never going to die because as long as there are people who is holding and entrusting their money to the altcoins then it will not be going to die, and another thing is that ethereum is 2nd to the large coin in the market so who will think that this will probably going to die? Even it takes months or several years I don't think it will going to die. To be honest how it will going to die if they will launch an Ethereum version 2.0 meaning they will not launch another ethereum if the first ethereum is having a problem.

[Sayeds56]

If you are really a long-term supporter of ethereum then you must already know that ethereum will never going to die because as long as there are people who is holding and entrusting their money to the altcoins then it will not be going to die, and another thing is that ethereum is 2nd to the large coin in the market so who will think that this will probably going to die? Even it takes months or several years I don't think it will going to die. To be honest how it will going to die if they will launch an Ethereum version 2.0 meaning they will not launch another ethereum if the first ethereum is having a problem.

With all respect for your thoughts, The major problem with Ethereum is scalability. this means it can only process 5 transactions/seconds which is the major cause of huge gas fee. Hope Ethereum 2.0 will solve this issue but nobody knows when it will be launched.

The second problem with Ethereum is activities connected with money raising that every company is trying to do. It can have very negative consequences. These activities can lead to huge liquidation of Ethereum that was raised and just left on the market. This way price of Ethereum can crash. Ethereum also has no fixed supply it means whenever a new coin is put in circulation the value of Ethereum will lower. Ethereum will remain inflationary.

[Farma]

If you are really a long-term supporter of ethereum then you must already know that ethereum will never going to die because as long as there are people who is holding and entrusting their money to the altcoins then it will not be going to die, and another thing is that ethereum is 2nd to the large coin in the market so who will think that this will probably going to die? Even it takes months or several years I don't think it will going to die. To be honest how it will going to die if they will launch an Ethereum version 2.0 meaning they will not launch another ethereum if the first ethereum is having a problem.

Well, maybe he is just tired of waiting for ethereum prices which are not progressing as fast as in 2017. However, so far, we are all waiting for ethereum 2.0 developments to launch. it will change the current conditions for the better for ethereum. what I think is, so many negative thoughts arise when we hold down ethereum, even more so when we see the prices of other coins growing quite fast.

[Rowenta]

Why the complains about ethereum transaction fee? Presently to make transaction on ethereum blockchain you will only spend 60gwei for instant send out and ethereum price is still over 400$, how is this way too much to handle ? That's just 0.60$ per transaction and it's even lower if you want to use normal speed which is 32gwei..

[Ghondronk]

If you look at the market and its behavior in last few years, you would see that the Ethereum is not something which is going to die sooner. Whenever the BTC goes sky high, you may feel that the ETH is lagging behind but as soon as the BTC starts to fall, the demand on ETH will be increased rapidly. Hence, the price of ETH will go high.

[Squezzi55]

I am a long term supporter  of Ethereum and  know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.

You are too impatient that's why you see things around Ethereum this way, the next POS upgrade will fix the transaction fee issue and presently it's not that bad, you can still make transactions from 32 gwei up and that's just 0.32$, few Eth competitors have been around for years and they can't overthrown Ethereum

[Gorosden]

Because of transaction fee? How is that possible? If you can't cope with the gas fee you should quit but I can assure you that there are many Ethereum lovers in crypto space that won't mind the high gas fee at all and moreover if this is true why haven't Ethereum died in 2017 when gas fee reach over 20$ per transaction?

[Jeger.Kiting]

If you are really a long-term supporter of ethereum then you must already know that ethereum will never going to die because as long as there are people who is holding and entrusting their money to the altcoins then it will not be going to die, and another thing is that ethereum is 2nd to the large coin in the market so who will think that this will probably going to die? Even it takes months or several years I don't think it will going to die. To be honest how it will going to die if they will launch an Ethereum version 2.0 meaning they will not launch another ethereum if the first ethereum is having a problem.

Well, maybe he is just tired of waiting for ethereum prices which are not progressing as fast as in 2017. However, so far, we are all waiting for ethereum 2.0 developments to launch. it will change the current conditions for the better for ethereum. what I think is, so many negative thoughts arise when we hold down ethereum, even more so when we see the prices of other coins growing quite fast.

Actually this only requires patience regarding the Ethereum price even though the growth is not as fast as in 2017 then at least there is a slow Ethereum price movement, no need to wait for the 2.0 update, the Ethereum price has shown an increase which at least doesn't surprise you with the fantastic price increase, we won't know in the future for the price of coins / tokens, which will move simultaneously and not randomly, at least it has shown price stability in all global markets ...

[Greatdev]

Impossible, Ethereum is close to 500$ and the transaction fee is still around 56 gwei presently, the fact is if Ethereum gas surge up many will still keep using the blockchain, this happened in 2017-2018 and Ethereum don't die because of this

[icekohl]

We have less than a month and more than 400k ETH need to deposit into Ethereum staking smart contract to enter phase 2 of ETH 2.0. I don't think it's easy to achieve, and ETH 2.0 still remains a big question about its capabilities.

A lot of information is circulating if ETH 2.0 will be coming soon this year, but until now there is still no definite information whether Ethereum 2.0 will actually be launched this year or should it be delayed longer? It is true that ethereum has sent a large amount of eth into their smart contracts, but of course this is not a certainty if ethereum will be launched soon, but at least with the launch of ethereum 2.0 it can increase the speed, efficiency and scalability of the Ethereum network so that it can process more transactions .

But the minimum requirement to launch the eth2 network is 524588 ETH staked in its smartcontract. We just have few weeks remain to reach that goal. So I don't know if this condition is not met, can the eth2 mainnet behave as it would in their roadmap?

[raidarksword]

Ethereum network is clogged up and it's very disappointing because of high fees with slow network it can barely process not unless putting huge gas over a transactions. That's what the common problem of ethereum now and hopefully it will fixed soon by the integration and implementation of the version Ethereum 2. Ethereum is not gonna end because it's still being used by many on smart contract creations and i doubt it will become more successful once the new version will be available.

[Cnut237]

Current transaction fee is supremely irrelevant against the long-term potential of the project. Remember that ETH is under continuous development. Indeed we have the imminent upgrade to PoS. High transaction fee is not an inherent quality of the system, it's a reflection of the current situation. ETH is still by a long long way the best and the strongest smart contract platform out there. There are newcomers that offer sparkly new features, but these haven't been battle-tested in the way that ETH has. Don't give up on ETH because of fees! There's a reason it is entrenched as the top altcoin.

[rickykin]

BTC has high fees too mate, well we're too early to ride the wave so it's really hard to predict the future, so let's see what it holds!

[kindbtc]

I am a long term supporter  of Ethereum and  know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.

Ethereum is just gearing up to start its biggest ever bull run ever which would be pushed by strong fundamentals in shape of revolutionary eth 2.0 launch that will solve all scalability issues as you have pointed out in your post as well so keep holding you will surely not regret in coming months.

[qazgroup]

I am a long term supporter  of Ethereum and  know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.

So what exactly you were looking for, do you want to see a new coin or they should close the main ethereum and launch a completely new project from scratch? Being an established and the biggest blockchain network project they simply cannot do that otherwise market can panic that is why they decided to upgrade the same blockchain and also remember many layer 2 solutions are also available now for faster and cheaper eth transactions so personally i see no problem for eth rather im positive and bullish about ethereum.

[sensimilia]

ETH is very important infrastructure project with a lot of projects on it. Yes, eos for example has better tps and fees structure but do you know a lot of projects on it? Its even hard to find good hd wallet with eos (i could recommend ownr wallet) and you are talking that eos and others will overperform eth