What will happen with eth 2.0. releasing? Lower fee?

[bluebit25]

The current limitation on the erc20 network is a real challenge for Ethereum developers. And ETH 2.0 was created to fix issues like scaling, and I'm sure the gas + speed fees are just a matter of course that will come with that update.
Anyway it is still the top altcoin and one of the most favorite coins right now, personally I don't have too many problems with it because I just invest not much care about the technology it meets, because its position is already too large in this space. And it's just a matter of how to make it better.

[cryptoaddictchie]

I don't believe it will happen, Eth expensive transaction fees will remain a burden for its remaining users soon it will be felt by the network because many Ethereum users/developers are already leaving the network that's why I believe that there is no change will happen on Ethereum even if the Full implementation of Eth 2.0 will be finish.

Any source for that? I think we arenr sure how eth 2.0 will work out but we should wait and see what could be the possible outcome when its already happened. I dont think judging too early is gonna help the problem. Scaling isnt an easy task. Maybe other chain could sound it very easy but that is because their users arent the same in number on eth. We all knew that many has been using eth network and that is a fact survive by them. Anyway Im excited when eth 2.0 really come soon.

[libert19]

I know many aren't prepared to see this but ETH will suffer if 2.0 gets here without PoW algorithm, I hope vitalik buterin makes a good decision, yea they plan to put aside pOW for PoS algorithm but I'm sure many new problems will come up and that will hurt the project

Can you elaborate? What problems are you expecting?

[OnlineCasinoBoard]

Hi, do you expect big changes after eth 2.0. come, when will that happen?

After the ethereum2.0 ,huge changes happened in the ccryptocurrency market.Binance smartchain making huge changes in the flow of cryptocurrency.After huge free for the Ethereum,new motivation happens in the market.This made the binance team to launch the smart chain for the transation.The important factor is,it also support the flow of usdt in the market.Which is essential in the cryptocurrency.

[Ararbermas]

Hi, do you expect big changes after eth 2.0. come, when will that happen?

probably still as is, because as you can see after the fork many people expecting for changes but seems the same wherein still expensive.. Well to be honest it's not surprising why these is happening to ethereum since its the common way of making transactions using ERC20, that's why the network itself is experiencing a high volume of transactions until now.

[PhucS]

ETH 2.0 upgrades are on the way, however no one knows for sure when the full upgrades will happen. In theory, the built ETH 2.0 will overcome disadvantages such as transaction speed, fees reduction, upgrades compared to the current model including moving to proof of stake (PoS) and sharding. However, there have been many opinions and comments that even when ETH 2.0 launches, it will not solve all those problems. I hope that this upgrade will fix the current high transaction gas fees

[Argoo]

I don't believe in lower fees for ETH. The Berlin-upgrade was supposed to result in lower fees, but this has not happened. In fact, the upgrade is currently burning more ETH than new ones are being mined, so we have deflation at the moment. The price is positively supported by this, but the fees also cost significantly more when converted into fiat.
Don't get me wrong, I would like to see significantly lower fees, but I don't see it being realistic.

In order to reduce the commission for transactions in the ethereum network, you still need to wait a while. The improvements made in the framework of Ethereum 2.0 have not yet fundamentally resolved the issue of transaction costs. This will happen later.
I keep my ethereum and I am sure that after the update this coin will increase manifold in its popularity and price.

[adiebitsler]

Hi, do you expect big changes after eth 2.0. come, when will that happen?

In general, everyone always expects a big change in terms of transaction fees on the Ethereum network, regardless it can happen on ETH 2.0, obviously the expectation is like that and now I think ETH 2.0 is there, but the problem with the amount of transaction fees on the Ethereum network I see no significant change.

[Kodok Bencot]

Lower fee is of course the expectation of ethereum users, I haven't sent ethereum since 2 years because the transaction fee is more than $5, with TRON or BNB we can send cryptocurrencies for under $1. if it is still expensive then ethereum will be abandoned by users.

[kidbounty]

Hi, do you expect big changes after eth 2.0. come, when will that happen?

yes, everyone hopes 2.0 will solve the fee problem on the ethereum network. but when this could happen, is still unknown. so far they are only in the testing phase and there is no sign of it being rolled out any time soon. I'm afraid by the time they launch ethereum 2.0, most users have already switched to another platform. and this became my fear for the future. when users switch ethereum it is difficult to find the momentum and may end up enduring the same fate as other less fortunate platforms. forgotten and difficult to return to where it should be.

[Cadaver20]

ETH lovers now have only one expectation and that is the lower fee of ethereum network. And Ethereum developers are trying their best to reduce the fees of Ethereum network. That is why they have done some development. But so far they have not been effective. We hope that further development will reduce the fees of ethereum network.

[cheezcarls]

The exorbitant gas fees or ETH are the real downside of everything which results for many projects to switch to other chains to save fees. Not even the Berlin upgrade is enough. There’s a lot of debate going on here and we are so divided with our opinions regarding ETH 2.0. With the current PoW, the miners are the real winners because of the high fees.

However, it will be a different story when ETH 2.0 is live and running. Although it will save us some fees, but we don’t know where ETH’s price gonna go in the long run.

[sayam]

We all hope that Ethereum 2.0 will actually reduce the gas price significantly. But whether it will be something like that in the real sense is a matter of thought. Whatever I personally hope that Ethereum's gas price will be tolerable after the upgrade.

[geegaw]

Hi, do you expect big changes after eth 2.0. come, when will that happen?

yes, everyone hopes 2.0 will solve the fee problem on the ethereum network. but when this could happen, is still unknown. so far they are only in the testing phase and there is no sign of it being rolled out any time soon. I'm afraid by the time they launch ethereum 2.0, most users have already switched to another platform. and this became my fear for the future. when users switch ethereum it is difficult to find the momentum and may end up enduring the same fate as other less fortunate platforms. forgotten and difficult to return to where it should be.

There have been many people running through other platforms and other platforms are also immediately responsive, even have a few more updates to optimize and synchronize with most new users with the aim of eliminating the name Ethereum and the situation is actually very successful when the market share of ethereum is decreasing quite a lot and is not competitive in terms of cost. However, as a major release, ethereum 2.0 may be slow with the roadmap but a surprise launch could be the fatal blow to the upstarts.

[bigjuk]

We all hope that Ethereum 2.0 will actually reduce the gas price significantly. But whether it will be something like that in the real sense is a matter of thought. Whatever I personally hope that Ethereum's gas price will be tolerable after the upgrade.

Don't dream of getting good things while you yourself put aside a reality that is already in front of your own eyes, because there are many people who expect an increase in the price of Ethereum, but they don't want to analyze the transaction fees on Ethereum, this is really funny buddy, is it in your device do not have a calculator to do multiplication on the cost of Gas transactions ? because if Ethereum is getting more expensive, it's clear that the Gas transaction will be more expensive too, a very simple example is as follows :
let's say the price of a unit of Ethereum is at $4000, and the cost of each transaction is at 0.002 ETH for one transaction with an estimated dollar of $8, do you think that is expensive? if so expensive, why in the past was such a thing considered cheap when the price of a single unit of Ethereum was $150 ? please answer very honestly now.

[gabbie2010]

We all hope that Ethereum 2.0 will actually reduce the gas price significantly. But whether it will be something like that in the real sense is a matter of thought. Whatever I personally hope that Ethereum's gas price will be tolerable after the upgrade.

The anticipated upgrade to Ethereum 2.0 is long over due, Vitalik Buterin and his team of developers should address this scalability issues once and for all, consequently this will reduces the high cost of gas transactions, I believe the team are aware of growing demand for Basic Smart Chain from binance an alternative to ERC20 project, even TRON network is on board, if Ethereum developers don't do the needful promptly they would lose a lot interest from new developers who might divert to other lesser cost of transactions and faster network.

[dbc23]

There would be an upgrade because the  proof of stake model used in Ethereum2.0 would reduce the energy/power consumption rate experienced in the Proof of work of Ethereum and would also increase the rate of transactions which is enabled through sharding. This shards helps because the more transaction congest the higher the gas fee. All this has been the limitations of Ethereum
 

[tvplus006]

...Many forum have discussing about this issues with upgrade eth 2.0 and they most afraid because when success to be 2.0 eth not any space for mining, they have try to sell before it really happen and get good value for mining tools, but still an issues right now because still not any upgrade and almost one year with upgrade issues.

I think there is no need to worry about mining, there are a lot of coins for which you can use the released equipment. But the fact that the Ethereum network should have changed for the better for a long time, providing even greater access to participants by reducing the cost of transactions, is beyond doubt.

[Fredomago]

We all hope that Ethereum 2.0 will actually reduce the gas price significantly. But whether it will be something like that in the real sense is a matter of thought. Whatever I personally hope that Ethereum's gas price will be tolerable after the upgrade.

The anticipated upgrade to Ethereum 2.0 is long over due, Vitalik Buterin and his team of developers should address this scalability issues once and for all, consequently this will reduces the high cost of gas transactions, I believe the team are aware of growing demand for Basic Smart Chain from binance an alternative to ERC20 project, even TRON network is on board, if Ethereum developers don't do the needful promptly they would lose a lot interest from new developers who might divert to other lesser cost of transactions and faster network.

The situation with congested network force the transaction fees to increase a lot, with this update the chance of lowering that fees is very possible, scaling issue will be shouldered as expected by people who are still supporting ERC, like what you have said, there are many migrations that take place because of this problem.

BSC and other chain who cater those new projects are booming as developers needed to migrate to continue surviving, by using
BSC or any chain who offers lower fees investors would likely to join and participate.

Hopefully ETH 2.0 will be the solution to everyone who is still stuck with their assets that stored from ERC chain.

[RealMalatesta]

Hi, do you expect big changes after eth 2.0. come, when will that happen?

The point here is that ETH is not moving for the trading fees to drop. They are moving down because they believe that the miners are making too much money, this way they could simply just do it on staking and that way you do not have to pay the staking too much to continue and it would still be secure. However it just doesn't mean that it will be cheaper, if people still keep on paying more and more to get ahead and get accepted first, then it will be expensive.

The problem that we have right now is that people are paying too much to be faster and that increases the price and nothing could change that, we need to convince people that they could pay a lot less and still get accepted. What could also help is that we could have a lot more inside one block, if we could have something like SOL for example, that would make it super fast and cheap but the security would be hard to handle, it is too risky.