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Author Topic: Is Ethereum going to Die?  (Read 19653 times)
TimeTeller
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December 01, 2020, 10:27:06 PM
 #221

The transaction fees are also my concern, we all know it's a normal thing, but that would be bothersome if the value holds a huge percentage on your token value, but Ethereum holds a huge chain of projects, we can expect more projects to join in as they keep on developing their platform. They won't die, clearly.
The gas fee problems is always a barrier for Crypto lovers. but I believe they have prepared a solution for this problem in ethereum 2.0. Currently ethereum is the strongest project with nearly 60% of projects using their protocol, I believe that there is no way ethereum will die even in the next 5 years

Some users may have disappointments with eth network these days.
But I do believe that eth team is not sleeping on this problem.
Their Beacon Chain just got live. So I have high hopes on this platform.
I don't think, Vitalik doesn't know their current issues, the rising gas fees and all.
Behind the curtain, I believe they are doing their part to address these issues.
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December 01, 2020, 10:34:04 PM
 #222

The death of Ethereum means the death of the market. such a thing is impossible...

No Ethereum will not die, This altcoin will have a huge impact on all cryptocurrency because of its features and uses, one of this is the Defi Even if the transaction fees are so high, Many still are using ETH as their main Crypto

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December 01, 2020, 10:38:17 PM
 #223

Ethereum is not going to die. The blockchain has grown over the years to become the most popular smart contract platform in the world with its extensive ecosystem of developers. I think the problem currently faced has to do with high gas fees and network congestion. I hope ETH 2.0 will help alleviate these issues as promised. Let's see how it goes, but even at that Ethereum isn't gonna die.
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December 01, 2020, 10:39:08 PM
 #224

the possibility that if ethereum does not have good news and does not have developments that can increase its use it will make ethereum die, maybe ethereum should be able to provide a lot of development and can be used for many companies.

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December 01, 2020, 11:08:40 PM
 #225

the possibility that if ethereum does not have good news and does not have developments that can increase its use it will make ethereum die, maybe ethereum should be able to provide a lot of development and can be used for many companies.
which makes eth survive because there are many investors who have invested in it and the community believes in eth. Two things that eth is the mainstay of are smart contracts and Dapp, but over time many coins have copied the concept and even developed it. so I think eth someday will be left behind if it doesn't make improvements regarding network speed and costs.i hope eth 2.0 is the solution.

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December 01, 2020, 11:17:11 PM
 #226

I see people complaining about bitcoin fees, I see people complaining about Ethereum fees and they are still the strongest currencies in this market.
High fees mean there are many people transacting with these currencies so they aren't going to die. If you think this way there is some benefit on the issue you pointed. Furthermore ethereum has the base protocol for many altcoins projects. It's one of the very few altcoins which have a practical usage, what means its price has a reason besides pure speculation. There is no reason to fear eth investment at this moment.

Well said. It is true that Ethereum remains the Gold standard for smart contract chains and apps and  has potential to make further gains and even it can hit $800 before the year ends. The issue is there are many competitors  in smart contract Business who offer better service with lower fee so obviously they will share its business. As Investor I strongly believe intrinsic value of Assets based on their potential to grow , so obviously will choose those assets for huge gains in future. Polka dot, ADA are going to give tough time to Ethereum in future.
Firstly, i was amazed someone would have the thought that one of the cryptocurrency will have in the market (ETH) will quench off the market despite its potential and support level.
With that been said, i was surprised you sees others smart contract and dApps project as a strong competitor for ETH which is the reason why i believe you don't notice that others smart contract and dApps project live in the shadow of ETH despite there fast TPS.

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December 01, 2020, 11:26:42 PM
 #227

Even though there are many competitors out there that doesn't mean Ethereum is going to die. I believe that ethereum will continue to exist, we also don't know what will happen in the future, who knows ethereum's price could be double the current price, or even Vitalic can solve the main problem of slow eth network and expensive gas costs. anything can happen.

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December 01, 2020, 11:45:01 PM
 #228

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.
Didn't you hear about the Ethereum 2.0 news which is on the beacon blockchain? You probably already know that Ethereum 2.0 launches 1st December. Ethereum transaction cost has increased because of us. We're using this blockchain more than before, so transaction costs are increasing. If we start to use Tron blockchain the same happens to Tron cost. Actually we need faster and less cost, maybe ETH 2.0 could handle.
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December 01, 2020, 11:57:36 PM
 #229

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.
Didn't you hear about the Ethereum 2.0 news which is on the beacon blockchain? You probably already know that Ethereum 2.0 launches 1st December. Ethereum transaction cost has increased because of us. We're using this blockchain more than before, so transaction costs are increasing. If we start to use Tron blockchain the same happens to Tron cost. Actually we need faster and less cost, maybe ETH 2.0 could handle.
Yeah absolutely that ethereum 2.0 will overcome those slow and congestion of the network of Ethereum, the upgrade promises the community of Ethereum with processing 100.000 transaction per second so we do not need to set higher gas to get faster transaction to confirmed. But i don't find a problem what the problem that developers are trying to scale running blockchain. I think it is sounds good that Ethereum will be upgraded when it is in the high point of glory because it has a lot of community to support its future network upgrades.

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December 01, 2020, 11:59:31 PM
Last edit: December 02, 2020, 06:42:42 AM by Tervelatuk
 #230

The death of Ethereum means the death of the market. such a thing is impossible...

No Ethereum will not die, This altcoin will have a huge impact on all cryptocurrency because of its features and uses, one of this is the Defi Even if the transaction fees are so high, Many still are using ETH as their main Crypto
many times we said about ethereum die , but ethereum still alive till now on and even its price growth alot. as major coin which is its platform used by many project , ethereum will stay alive for long time . although we see new competitor everyday but it could not beat this project.
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December 02, 2020, 12:05:54 AM
 #231

For me, ethereum will not kick the bucket, but that can be right within the occasion that the supporter of ethereum takes off the amplify and moves to the other wanders.I think ethereum still contains a chance to rise since and ethereum still be the ruler at the altcoins.It is possible  there will be another extend that can beat ethereum inside long-standing time as we don't know where the cryptocurrency will arranging to be. I think the exchange expense can get lower before long, but this time, maybe, we need to appreciate the current expense that we as of presently utilized.

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December 02, 2020, 01:19:49 AM
 #232

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.
High fees can be considered for a certain period of time because of the bullish run. They claimed that the fees problem will be solved on their next update which is Ethereum 2.0, the most awaited update from Ethereum which will fix the high fees issues and will improve for faster transaction rather than previous one.

Do you know this? - https://cointelegraph.com/news/ethereum-2-0-staking-is-coming-to-coinbase

I don't think there is happening anything for which Ethereum is going to die. I can say that Ethereum is going to make strong it's position.

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December 02, 2020, 01:32:54 AM
 #233

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.

This is the kind of fix that they think will do good for the network they know better than we are so let's leave it to that, yes we do encounter a big fee and a slow confirmation but it's not permanent if you see that the fee is expensive you can delay it and wait some minutes it will eventually gets lower, I don't think Ethereum is going to die this is 2020 and the project has a gone a long way and they will always find a way.

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December 02, 2020, 02:52:12 AM
 #234

I am sure the developers themselves are always looking for a wise solution for more efficient transaction efficiency in some Ethereum network operations, this is deemed necessary where every transaction requires either a transaction fee and for ETH itself it is still very strong despite the ongoing hype and high gas costs and fluctuating.

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December 02, 2020, 07:08:36 AM
 #235

Difficult to killed Ethereum where it is the number 1 crypto that use the platform over the world in with regards to eth blockchain. For me, Ethereum will continue to contribute the crypto world into a better place now and even tomorrow. The system is adopted by new coins because they know that Erc20 platform is the common use and friendly users. Ethereum will not die in fact it will go and achieve more successes.

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December 02, 2020, 07:29:08 AM
 #236

many times we said about ethereum die , but ethereum still alive till now on and even its price growth alot. as major coin which is its platform used by many project , ethereum will stay alive for long time . although we see new competitor everyday but it could not beat this project.
I didn't think Ethereum would die, their platform would continue to be used and of course that would also keep Ethereum alive, especially when Ethereum 2.0 is launched, many say it will make the Ethereum network better. Their competitors cannot compete with Ethereum, where Ethereum already has a very good team and community.
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December 02, 2020, 08:21:52 AM
 #237

DIE is just a word that is not basic! It is meaningless, Ethereum will not die,
because there are many ecosystems running on the Ethereum network,
Ethereum is very different from a dead coin like Bitconnect! so you must understand this!

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December 02, 2020, 08:37:41 AM
 #238

Ethereum is the future of crypto it is the next big coin after bitcoin tracing back to it origin far back to 2015 when it was just $0.4 for 1 Ethereum, today it's $621 and still going high as predicted. we all doubted bitcoin at first between 2009 and 2010 and missed the chance of becoming a billionaire today the opportunity is here again with Ethereum.


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December 02, 2020, 09:06:37 AM
 #239

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.

The competition can be very fierce for Ethereum as all these platforms are ready to create better terms for developers. Ethereum is stil the top and while I read big promises coming from Polkadot I've read similar coming from Tron, EOS and even Binance that were all considered Ethereum killers.
I understand Ethereum has flaws and it is recognized by everyone that scaling is important. A game developer would see his creation suffer with high fees and every Ethereum DApp is still suffering. Even DeFi didn't reach full potential because fees didn't allow everyone to participate, moreover didn't allow cryptocurrency enthusiasts to even test their platforms as fees for each transcation were reaching $20 and even higher at times.
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December 02, 2020, 09:33:57 AM
 #240

^ Ethereum going to die is an illusion, wake up soon.

Ethereum is the future of crypto it is the next big coin after bitcoin tracing back to it origin far back to 2015 when it was just $0.4 for 1 Ethereum, today it's $621 and still going high as predicted. we all doubted bitcoin at first between 2009 and 2010 and missed the chance of becoming a billionaire today the opportunity is here again with Ethereum.
even though new Altcoins continue to appear with their perfection, Ethereum will not be replaced. the thing that I regret the most is that I was late getting to know Bitcoin and Ethereum, Ethereum will touch ATH again when eth 2.0 launches.

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