Is Ethereum going to Die?

[cafee_orange]

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.

That is something that is not possible with ethereum, in recent weeks it has happened as you mentioned above, but that does not mean that the Ethereum network is not developing but rather dense transactions using the same network (ETHEREUM).

[avarnet]

I don't think Ethereum is ever going to die as you mentioned it is the most trusted blockchain for creation of smart contract.The problem most people are facing is the issue of the high gas fees.I don't remember when last I sold any of my tokens because of the the fees.Let's all hope that the fees will get better.

Market confidence with ethereum is already strong. I agree with you that ethereum is unlikely to die any time soon. on the contrary, people's trust is getting stronger by looking at the current ethereum price. I myself am optimistic that in the future Ethereum will experience an increase in prices. now people should support the development of ethereum to become the best altcoin. with large users and quite high daily transactions

[Reatim]

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.

If that is what you Believe then Best to ask also about the vanishing of Bitcoin because this is much Higher in Fee than Ethreum ?
anyway Look at ETH now
https://coinmarketcap.com/currencies/ethereum/
Finally Made it's way to 2,000$ level and if this the sign of Dying then what about the living coins?

More legal issues, DeFi Money Market shuts down
https://davidgerard.co.uk/blockchain/2021/02/18/the-sec-calls-defi-money-market-shuts-down-it-begins/

Please don't extend another Issue here because this is EThereum thread and not a DEFI scam topic.

[kramat]

Ethereum is never will be die. Ethereum is next level of bitcoin. Bitcoin prices will be increased ethereum value also increase. But not receive the Bitcoin price. Ethereum is queen of all coin. It any time to up and down. So check the ethereum price day by day. It any time to hit the price. Wait and check the price in the market place.

[Alohadanc3]

You can check ethereum for yourself. From the first ethereum always been a potential projects. And day by day it's grown very well. Now it is the biggest platform based token available in the market . Plus it has the one of the biggest community and dev base. It has some problems like gas fees , transaction time.but after ethereum 2.0 launch this problems will be shorted. And will grow more and more.

[torrantz]

I don't think Ethereum is ever going to die as you mentioned it is the most trusted blockchain for creation of smart contract.The problem most people are facing is the issue of the high gas fees.I don't remember when last I sold any of my tokens because of the the fees.Let's all hope that the fees will get better.

Market confidence with ethereum is already strong. I agree with you that ethereum is unlikely to die any time soon. on the contrary, people's trust is getting stronger by looking at the current ethereum price. I myself am optimistic that in the future Ethereum will experience an increase in prices. now people should support the development of ethereum to become the best altcoin. with large users and quite high daily transactions

I think the most obvious indicator of how much Ethereum is used or how frequent the activities within the blockchain is to see the fee itself, the fee right now has reached the height of madness meaning there are so many people making transaction and large portion of them coming from swap services which means people utilizes dapps very frequently that could indicate the platform is still very healthy (not the fee though). It's still centuries away from dying.

[GbitG]

You can check ethereum for yourself. From the first ethereum always been a potential projects. And day by day it's grown very well. Now it is the biggest platform based token available in the market . Plus it has the one of the biggest community and dev base. It has some problems like gas fees , transaction time.but after ethereum 2.0 launch this problems will be shorted. And will grow more and more.

Even most of the members feel Ethereum is very good and doing good but now in crypto competition is going tough and Binance is also improving very significantly just because of this if they want to stay on top they have to do some good work and improve features and surely work on gas fees because too many complaints and competition can hurt this project very badly in near future.

[slaman29]

Well it's finally here 2000 didn't even realize it until I saw all the headlines flood in. Seems a weird time now to be considering such a question: will it die? But is it going to die? Not for when we see this kinds of price and ETH 2.0 isn't even close to being fulfilled.

Gas fees rising, defi rising. No time for a pause?

[geegaw]

Now that many big institutions, corporations and companies, even millionaires and billionaires are now entering the crypto space, I dont think Ethereum which holds the top rank altcoin in market would die but instead it will definitely patronize and boost up by this big whales that enters the market.

Yes, this market is getting a lot of money and that shows everyone's interest in crypto and with a position next to bitcoin as ethereum, combined with this nearly entire market reach and relationships, ethereum is truly untouchable and unbeatable, unless bitcoin is gone forever and market reforms and bloodshed keep happening, otherwise, Ethereum will grow as it is now. I find it really strange that many people still have the idea of ethereum's death while the time it has existed has been the most perfect answer

[repear7]

Ethereum is never will be die. Ethereum is next level of bitcoin. Bitcoin prices will be increased ethereum value also increase. But not receive the Bitcoin price. Ethereum is queen of all coin. It any time to up and down. So check the ethereum price day by day. It any time to hit the price. Wait and check the price in the market place.

Yes, Ethereum is not going to die for high fees. ETH also a good tradeable coin and much popular project already created token in eth platform. Considering all aspects, I think it’s not possible to die ethereum.

[cfif]

I don't think Ethereum is ever going to die as you mentioned it is the most trusted blockchain for creation of smart contract.The problem most people are facing is the issue of the high gas fees.I don't remember when last I sold any of my tokens because of the the fees.Let's all hope that the fees will get better.

Why do you think so? Gas fees demonstrates only one of bad sides of crypto. Do you want to see other wrong sides? It should be a scalability, selfdefences, high amount of transaction and that parts should be working together.

[bryant.coleman]

The no.2 position of Ethereum is not guaranteed. Bitcoin is more or less guaranteed of the no.1 position, because it is the original cryptocurrency that was invented by Satoshi Nakamoto in 2008. Ethereum came much later, although we can say that it was the first among the second-generation cryptocurrencies. A lot of the Ethereum users are facing difficulty due to sky high transaction fee. The developers have responded to this, saying that once the ETH 2.0 implementation is complete (by 2023), the fee will get back to normal. What sort of response is this? What are the users supposed to do until 2023? If they want to move or cash out their tokens, what are they supposed to do?

[ukw]

Maybe at this stage Etherium is no longer one of the best systems with quite high fees compared to Binance Smart Chain, for example, but Etherium has a very high level of support and I think that soon the trust in it will not change.

[rahmathidayat93]

I totally agree, Ethereum is very far from dying

Even if you don't agree, Ethereum is also far from dying, because whatever tokens want to compete with Ethereum both now and in the future, Ethereum will still be alive even though one day it can lose to others, but it (ETH) will always be alive, and beating Ethereum will always be very difficult for other tokens.

[kramat]

Ethereum is never will be die. Ethereum is next level of bitcoin. Bitcoin prices will be increased ethereum value also increase. But not receive the Bitcoin price. Ethereum is queen of all coin. It any time to up and down. So check the ethereum price day by day. It any time to hit the price. Wait and check the price in the market place.

[gwdf1]

I don't think Ethereum will die anytime soon. It is unlikely that after such a lot of work, the development team will simply let their project go into the past. Now the network needs time and new resources to solve the accumulated problems. As soon as the work is established, everything will return both popularity and demand.

[fia_naila]

I am not trying to spread fud here, but if ethereum developer can not fix the transaction fees, so will be only big investor can trade token and it is mean no more retail investor and it will make ethereum death, developer also will migrate to another network like ada cardano or polkadot or binance smart chain.

[Alohadanc3]

For the indiar price of gas fees in ethereum many competition of ethereum take the share of its user. And BSC is the biggest of them. And they are still growing far far better than ethereum. But ethereum still have a very big community and dev base. And these community want to lower the fees so ethereum listen to us and they are shifted to proofof work to proof of stake, they implement eth 2.0 which has a very very low fees. And I think atbthe end ethereum will be the winner

[CaVO32]

I am not trying to spread fud here, but if ethereum developer can not fix the transaction fees, so will be only big investor can trade token and it is mean no more retail investor and it will make ethereum death, developer also will migrate to another network like ada cardano or polkadot or binance smart chain.

Let's wait for few months once they deploy the phase 1 of their eth 2.0 version. They said, they will address the gas efficiencies in this stage. I know, waiting for few months, is like waiting for years in crypto. But I believe eth team is already doing the resolution of this problem. Even CZ knows this problem, and so they are aggressively promoting the BSC platform.

[Lantind]

In fact, currently, transaction fees on ethereum tend to be low. if you check in now https://etherscan.io/gastracker it is much down from the next few days. indeed for Binance the smart chain is now a strong competitor to Ethereum with innovation and offers of lower transaction fees. maybe if you look at the next few years both will be able to compete as a blockchain with a strong ecosystem

Yes, I just saw that the transaction fees on Ethereum are already very low when compared to a few days ago, and on Binance, from the first until now it can still be said to be cheap because there has been no increase in the amount of fees, so it is likely that this competition will indeed be It is highly visible in the future that Ethereum has started to stabilize transaction fees at low rates in order to compete with Binance which is currently developing.