Is Ethereum going to Die?

[Golftech]

Ethereum is the second best digital currency in crypto space. Despite of the higher gas fee, many people still using it. Maybe this time others are looking for an alternative way to make a transaction with lower gas fee but the dev behind Ethereum also busy for developing Ethereum and finding solution for the higher gas fee. Ethereum will not going to die even there is a lot of competitors.

It won't, as there are lots of tokens/coins that already been created using this chain, from them, even there's a

high transaction fees they are willing to pay just to continue using the chain, and for sure the team behind ETH

will work it out and find the best way to continue competing with other projects such as BSC and ADA to name

some. ETH will continue it's progress and continue to provide services to users and supporters who are still trusting this system.

[EmmaGod]

I noticed that the transaction fees on ethereum blockchain is not always very high. One needs to only monitor the gas station to know the best time to commence the transaction. I was able to process a transaction at less than 50 Gwei few weeks ago. This may be far higher than we used to have it few years back when transactions were completed with as low as 1 Gwei. I learnt that the ethereum developers working on scalability have gotten a head way and before long the issue of high transaction fee would be resolved.

[sedahan13]

Yes, Ethereum developer's should be solve this problem soon, if does not solve this high transaction fee and network congestion, many user of crypto will go for other alternatif of smart contract platform because many others offer better benefits. Others smart contract platform already possible to handle athousand transaction persecond with fee very low. Just like Solana, Cardano and Polygon which the price keep rally because many user of crypto enthusiastic with the product.

[Dexion]

Eth will never die, there is no need to argue about it, there are still many projects taking from the ETH platform, and as long as there are many investors who hold ETH and as long as there is circulation in the ETH market, he will still be alive and growing.

[Gayong88]

ETH is the greatest potential and the second-best choice in my opinion and I have never doubted the fundamentals. I am sure Vitalik has thought about it long before this problem was born and what is certain is that everything has a process to unravel the congestion as you mentioned and according to the expectations of its users.

[KaliLinux]

ETH will never die, it's just that what causes users to switch to another network is the result of the increase in gas prices on ETH, it seems that if the gas price goes down, ETH will definitely reuse it.

The truth is Investors still actually uses Ethereum Network but it is just that most people/Devs did notice the high gas fees and that as we all know lead to the major con=mplaints and shift to other networks or mainly BSC Binance smart chain however, ethereum is still here and will not die IMO but hope the issue with the gas fees get resolved cos it has really affected lots of transactions.

[Smitty Werben Man Jensen]

ETH will never die, it's just that what causes users to switch to another network is the result of the increase in gas prices on ETH, it seems that if the gas price goes down, ETH will definitely reuse it.

The truth is Investors still actually uses Ethereum Network but it is just that most people/Devs did notice the high gas fees and that as we all know lead to the major con=mplaints and shift to other networks or mainly BSC Binance smart chain however, ethereum is still here and will not die IMO but hope the issue with the gas fees get resolved cos it has really affected lots of transactions.

Indeed, until now the problem is the high transaction costs,
and I think everyone also knows about it so of course we all hope that the transaction costs can be stabilized soon,
and talking about ethereum going to die i don't think that's gonna happen so keep calm

[jeungo]

I don’t think this is really possible, the death of a coin that is supported by such a large number of people cannot happen suddenly. For this to happen something similar to what happened during the error with the DAO. If you remember how the Classic appeared.

[Ghondronk]

Etherreum is the 2nd largest cryptocurrency, available right now from the point of view of market cap. It is there for many years now and will be there in the future as well. The popularity of ETH has been slightly reduced mainly due to the high gas fees but if that matter is solved, ETH will attract more supporters in the future.

[Dexion]

I really believe eth will never die, shifting investors from eth to another altcoin is just an alternative, no one really removes eth from their asset list, when eth has completely finished with the problem of high gas costs, for sure eth will again be the first choice.

[capcaypro]

In the future, maybe the ethereum project will continue to develop and there will be more demand, I think, because this eth if you look at the project is quite good and stable besides that for the gas needed for exchange, I think it is good enough for now because the gas itself is smaller than that. with previous months. and I think this will be good enough for enthusiasts, especially those who frequently transact in this eth. I do not have any worries here, especially until Eth was die , I have no thoughts of going there

[leatutz]

I really believe eth will never die, shifting investors from eth to another altcoin is just an alternative, no one really removes eth from their asset list, when eth has completely finished with the problem of high gas costs, for sure eth will again be the first choice.

Suddenly none of the altcoins will die, but those altcoins don't pump suddenly. If Ethereum doesn't solve this problem, new users will choose the low cost of blockchain especially BSC or TRX blockchain. Although Ethereum doesn't repair the old one, ETH 2.0 already launched after that transaction cost must be low.

[Sayeds56]

I really believe eth will never die, shifting investors from eth to another altcoin is just an alternative, no one really removes eth from their asset list, when eth has completely finished with the problem of high gas costs, for sure eth will again be the first choice.

Suddenly none of the altcoins will die, but those altcoins don't pump suddenly. If Ethereum doesn't solve this problem, new users will choose the low cost of blockchain especially BSC or TRX blockchain. Although Ethereum doesn't repair the old one, ETH 2.0 already launched after that transaction cost must be low.

You said it exactly what I strongly believe in that Ethereum Network will gradually lose Business and in fact I can see Huge number of New projects on BSC, Tron Solana and Polka Dot network. There is till hope that Ethereum 2.0 can bring out some improvement in Transaction speed but this is yet to be seen.

[terrific]

It won't. The development is continuing and it's one of the biggest communities.
It's also near to fixing some of its issues.
https://www.bloomberg.com/news/articles/2021-05-23/ethereum-closes-in-on-long-sought-fix-to-cut-energy-use-over-99

[Coroline]

Currently ethereum 2.0 is being worked on by the developers, if this is not resolved soon some will switch to using others. The problem that users complain about is that the gas is too high when many transactions use the ether network, this is not very good. If it says ether is going to die it's too early to say it happened.

[fahmimajannat]

Never.
Its the 2nd biggest token in the world.
So its gonna die never atleast untill something really manipulative happens to btc.
So its better to hodle.

[Valak]

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.

I think the first time Ethereum crashes was due to the development of Eth v2. Although Eth v2 is not yet running, it has affected existing network systems. Apart from that, swap users are increasing every day. Of course we know that swap users use the Ethereum network and incur high gas costs.

[Midy]

Currently, almost the average obstacle that exists in the Ethereum network system is the high cost of gas to carry out various transactions, and now many investors and new project developers are starting to switch to the BSC network, because the transaction fees are relatively small compared to the fees charged by the Ethereum network. .
For now, I still have a few coins using the ETH network that are constrained by the high price fee gas

[fortune1002]

I am also long term Supporter of Ethereum and I am sure Ethereum will never die. Ethereum is growing very fast and it's fees has decreased not full but decreased. I hope Ethereum V2 will decrease all the fee and will bring new investors. As ethereum is 2nd no big crypto in market so it can't die.

[Ghondronk]

In fact, I do not agree with the title you have used here. How can we say that the Ethereum is going to die as it has recorded the All-Time-High price just a few days ago? It is true that due to the high gas fees, its attractiveness has been reduced but that does not mean the end of this wonderful asset is getting closer.