Is Ethereum going to Die?

[Tash]

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.

What is low? At $12.84 USD even Western Union is cheaper to transact it ist old as f***
Bitcoin fee went down so is Litecoin and a bunch of others

[Argoo]

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.

Ethereum is being updated comprehensively from December 1st. This takes about two years and the sequence of the update steps cannot be disrupted. The problem of high transaction costs on the ethereum network should be addressed in July. By this time, we just have to refrain from small transactions on the ethereum network, which are now really economically disadvantageous.
Of course, such an ethereum problem now annoys the participants in this market, but it is temporary and will not lead to any serious consequences.

[Nighthog]

The solution to burn the fees, your money, is really a bad idea in the long run.

No crypto currency should in practice make money disappear from the total.
Soon when there is too much activity there is no more supply as it slowly withers away your coins.

EIP1559 is a really badly considered update. There should be other options for a solution than that.

It doesn't inspire confidence or a sense of reliability for the devs on the project at large as is presented.

The setting on fire the miners in general from the development tells it all for what should be considered.
Miners add activity & volume and gives incentive for marketing. More users are added in total.

[oprahwindfury]

it would not liable to occur, looking how bitcoin is bulling right now ethereum additionally joins the publicity and bulling. It has make due through every one of these years and continue to flourish so it wont pass on very much like an air pocket. it has well build up establishment and acquire the title ruler of all altcoins.

[Om.monata]

Ethereum will not be easy to lose or die, we can see if currently Ethereum is at the highest position and has a good price. So I don't think this is a death from ethereum because ethereum aikan will remain in the best position in the future.

[carrie_white]

just agree with your opinion, i also think that ethereum is not as good as it used to be, now ethereum is slowly starting to be abandoned and switching to cheaper network fees such as eos, binance, polkadot and so on. if ethereum can not find a solution to the problem, i believe that someday ethereum will be replaced

[Matimtim]

If the problem  is big transaction fee for withdrawal,I think there is exchange wallet that we can use to convert that eth to other coins if we need to use it, or if we're gonna convert it into fiat, in that way we can make a little solution for that.

[Cornia]

If the problem  is big transaction fee for withdrawal,I think there is exchange wallet that we can use to convert that eth to other coins if we need to use it, or if we're gonna convert it into fiat, in that way we can make a little solution for that.

I don't think using an exchange wallet can be a way to skip high transaction fees. Because you have no control over the exchange wallet. In this case, your entire asset may be lost. ETH's gas fee varies from time to time. When the gas fee is low then you can do ERC20 transaction.

[ttcsalam]

Very old post now a days time of  Ethereum cause price is incress day by day.and next month have a important update of  Ethereum maybe 14 april so we can expect a good update and very good price.

[javainn]

it is unthinkable for ethereum to be one of the best coins. It's very hard to say if Ethereum is going to die and it's not that easy. Even now Ethereum prices are hitting all-time highs. So let's say ethereum can be one of the best coins at the moment and a strong position

[rozak]

it is unthinkable for ethereum to be one of the best coins. It's very hard to say if Ethereum is going to die and it's not that easy. Even now Ethereum prices are hitting all-time highs. So let's say ethereum can be one of the best coins at the moment and a strong position

Such a situation could occur with ethereum if in the future ethereum experiences problems that may be similar to those of ripple.
in any case, there will always be some friction in the crypto market. when the problem is really serious then ethereum could be hit very hard.
but until recently, ETH remains the best altcoin and is a lot recommended for us to have it.

[wack slacker]

I believe that ETH will not die, but it is the people who transact on the platform to lose all their money when trading on the DEX platform on Ethereum.  The transaction costs on the Ethereum network are too high and it deviates from the project's original goal of providing a fast and low-cost user experience.  Currently Ethereum has too many applications on it and that is a burden on the Ethereum network.  IDOs, ICOs are a nightmare for those outside the war because transaction costs are pushed too high. Ethereum needs to upgrade and expand as soon as possible before users stop trading on this Blockchain.

[Nazmul012]

If you have a look on current crypto industry condition, then you would see that people continueously investing on btc, ether and so others altcoins like ada,bnb etc! Eth gaining price that's only because people still using eth without caring high fees.otherwise eth would drop like others so called altcoins due to lack of investors & transactions but i appiciate your logical point too.so i think people might reduce using eth and start using bnb,polkadot or tron for less fee.but don't think eth wouldn't die easily cause people have to use eth for done their erc20 tokens transactions.

[Tash]

As it stands sooner or later Ethereum is limited to some niche market.
It is crazy to think someone will work a month just to pay some transaction fees. (some unfortunate earn less than a dollar a day)
For years promises and nothing to show for, the opposite it got worse.
Token is nothing special. Anyone can make his own token in a matter of minutes and then sell it to some "investor", or gimmick play with his friend.

[b1boy]

It would not obligated to happen, bitcoin is bulling right now ethereum also joins the advancement and bulling. It has get by through all of these years and keep prospering so it wont pass on similarly as an air pocket. it has well development foundation and secure the title ruler of all altcoins.

[Alohadanc3]

At this moment it's just impossible. Ethereum nis one of the biggest coin available in the market. It has a huge market cap . It's also loved by the crypto community and it has a big 3rd party dev base. I know there is a big problem about ethereum gas fees but it will eventually solve when ethereum 2.0 will come. And after that it will be very hard for other contract based token to compete ethereum. So ethereum will go a long road and maybe that will be a endless path.

[Jocuserious]

In fact, it is a useless idea because eth is the best currency that has a lot of investors. It is natural that the price of eth has increased because the price of good currency can change at any time. I think it’s foolish to wear bad thoughts about a big coin like eth. However, there is no need to be upset about the price of gas as it will go down in the future. so consider the good side of eth.

[Skieleton]

- For this system to develop, you need to have much faster adoption. You will stumble many times on this road. You will have some spectacular and catastrophic losses. This is the Wild West of the Wild West, comments Andreas Antonopoulos.

Ethereum is, in his opinion, very complementary. He claims the network has the potential to develop many innovations that are not of interest to bitcoin at all. The latter, however, focuses on generating high returns and a lot of money for its owners. The number of things Ethereum is capable of makes market narratives about networks and cryptocurrencies confusing.

[b1boy]

I dont see ethereum dying off anything soon buh It would not responsible to happen, bitcoin is bulling right now ethereum also joins the advancement and bulling because we know after bitcoin, ethereum is d next awesome token at number 3. It has get by through all of these years and keep prospering so it wont pass on similarly as an air pocket. it has well development foundation and obtain the title king of all altcoins because as of right now most crypto are still based on ethereum network

[soenan]

In my opinion, Ethereum will not die because Ethereum will be an ecosystem that is constantly undergoing rapid transformation. The Ethereum ecosystem has the primary goal of being a stable and reliable system in the long term. Overall, I think that the Ethereum blockchain is a very good project that will continue to dominate the smart contract sector and that Ethereum will always be the market leader as the second most popular cryptocurrency.