Will 2022 be the year of ETH 2.0?

[Fivestar4everMVP]

Not trying to sound negative but I honestly do not think eth 2.0 will be launched this year 2022, I say this because many anticipated the launch to be last year but still, they postponed again for no concrete reason.
I think reason for the delay in launching eth 2.0 is because miners are gaining massive wealth from the high transaction cost which anyone transacting on the Ethereum network has to pay, and launching eth 2.0 now will automatically put an end to this huge inflow of cash, I honestly feel this is why they've refused to launch eth 2.0 ever since it was announced.

[justdimin]

Instead of complaining just do either of two things. Move to another platform to trade,,, and now we have plenty of competitor options according to altcoin people. BSC and Tron and what not. Why not use those to trade? Besides, Defi/DEX use was never for small traders.

OR find a way to use second layer options like Matic/Polygon right?

You could both be complaining about a place but also keep using it anyway. I mean just because ETH could be better and right now too expensive, doesn't mean that I have to accept others being better. I could still think that ETH is better than every other project BUT still worse than it could be. That is the power of ETH, we are talking about something that is both the best but also have a bigger potential than any other project.

I agree with these people as well, ETH 2.0 will make things so much more fun, it will definitely change the whole crypto world. Prices of everything will go up as soon as ETH 2.0 starts and it will keep going up for a while after that as well. Kind of like the bitcoin halving situation.

[Ten98]

This is a development that will continue to increase in the future. A new website will appear with the ability to make the latest developments later. Can't wait to see the latest news or developments that will appear continuously every year.

And for this year, what will be a hot topic to be raised in the crypto space ? because in the last year there are three trends that are very often talked about such as the meme trend, the NFT trend and now the Metaverse, so are those three things going to be good this year too ?

[michellee]

That is still a mystery as the team is still working on the upgrade and even they have the estimation about that, and it will need time to wait and see what will happen to ETH 2.0. It can be successfully implemented or get more delays after that, but we know the project is on its way to achieving that. But I do not think that is the end of the smart contract platforms as we see that right now, many projects are using the smart contract and from the beginning until now, it was already growing fast without stopping.

Maybe the ETH gas fees will not decline massively but could decrease slowly by slow until reaching a normal fee. Once implemented, maybe that will change the ETH to a new form.

[bitjoin]

I hope this would be the year of the eth 2.0 upgrade, the txn fee is really hurting the small traders like me and it is really so expensive, the eth 2.0 upgrade will help us a lot because it is said to be the solution of the high gas fee now a days, so I am hoping that soon it will take place on the ethereum network.

So far this hasn't happened so everyone's hopes for Ethereum haven't been realized, so there's no need to complain about this anymore because there are many networks that you can use right now so you can outsmart a bit about spending on Gas.

High gas costs make the Ethereum network even more abandoned, crypto users prefer the Smartchain network or other cheaper platforms over the Ethereum platform. Eth 2.0 is expected to solve the problem, to attract former Ethereum platform users who have fallen in love with other platform, they must dare to do something new consistently, such as the cost of gas which is much cheaper than other platforms or a system of safety and comfort for its users.

[leea-1334]

Instead of complaining just do either of two things. Move to another platform to trade,,, and now we have plenty of competitor options according to altcoin people. BSC and Tron and what not. Why not use those to trade? Besides, Defi/DEX use was never for small traders.

OR find a way to use second layer options like Matic/Polygon right?

You could both be complaining about a place but also keep using it anyway. I mean just because ETH could be better and right now too expensive, doesn't mean that I have to accept others being better. I could still think that ETH is better than every other project BUT still worse than it could be. That is the power of ETH, we are talking about something that is both the best but also have a bigger potential than any other project.

I agree with these people as well, ETH 2.0 will make things so much more fun, it will definitely change the whole crypto world. Prices of everything will go up as soon as ETH 2.0 starts and it will keep going up for a while after that as well. Kind of like the bitcoin halving situation.

Well as I said, you can still use it but on second layer options. For sure ETH can be better and anyway it has always continued to improve,,, but we as users have no power (or rather we would rather not have involvement to have a voice) so we either stick with it patiently or vote with our choice by moving elsewhere.

Also I agree ETH 2.0 will reflect Bitcoin halving. We just need to be patient!

[Abiky]

The result by ethereum 2.0 still remain a big question for anyone in here. There's no ETA for ethereum 2.0 to be implemented and what we can do is only waiting for that to come as soon as possible. Merged chain will be happening next months and I'm feeling curious about what will be the result from this thing. 2023 will be the year for ethereum 2.0 and it's not this year. There's no guarantee even when ethereum 2.0 will be fully implemented and this will give a good result to reduce the blockchain fees. This is another shit show from ethereum. I just wanna see how the ethereum developer can deliver their promises coz some past updates didn't give a significant impact to the ethereum blockchain.

People are sick and tired of ETH developers stalling around with the PoS upgrade. It's no wonder why investors are pouring money heavily on other chains like Solana and BNB. I just hope the upgrade doesn't get delayed by 2023, because that would mean reduced market share/dominance for ETH in the short term. If the world's second-largest cryptocurrency by market cap wants to beat the competition, it's going to need to scale as soon as possible. Otherwise, it won't get that far in terms of mainstream adoption.

As of today, it's utterly expensive to conduct transactions on the ETH blockchain. Using dApps like Uniswap and Compound.Finance is even worse, as fees are higher due to such dApps' computation requirements. The more complex a smart contract is, the more gas fees it will "suck" from your wallet. Some would say there are Layer-Two scalability solutions which remedy the high gas fee issue on Ethereum, but the reality is that not many dApps are using them. The real "action" happens on the main chain, so people are forced to pay a high fee or be left out of the game. Fingers crossed ETH 2.0 becomes a reality by 2022, as ever-rising fees force developers to take action as soon as possible. Just my opinion

[tokeweed]

^  True that.  I’ve been dabbling around the new stuff lately and was interested in staking some token but was very surprised to see how high the fees are.  So I wait...  And I was again more surprised with how higher the fees are at this moment when I checked.

I mean jfc, check this out.  Lmao.

Not trying to sound negative but I honestly do not think eth 2.0 will be launched this year 2022, I say this because many anticipated the launch to be last year but still, they postponed again for no concrete reason.
I think reason for the delay in launching eth 2.0 is because miners are gaining massive wealth from the high transaction cost which anyone transacting on the Ethereum network has to pay, and launching eth 2.0 now will automatically put an end to this huge inflow of cash, I honestly feel this is why they've refused to launch eth 2.0 ever since it was announced.

If that’s the case then it’s prolly good for VB to develop their own L2 or at least have an exisiting L2 backed by his team with finances and development.  ETH L1 is getting ridiculous.

But I think ETH 2.0 is shipping this year.  Again if it doesn’t implode, 10k min easy and it could even go as high as 30k.  IMHO.

[JayTrain]

to be honest, I'm already tired of waiting for ETH 2.0 and I'm not sure that everything planned by the developers will come true until the end of the year, there are analogues with whom I have already made friends and so far I don't want to change anything, I spent a lot on gas fees in the ETH network last year, I even had a certain dislike for this blockchain.

[lixer]

People are sick and tired of ETH developers stalling around with the PoS upgrade. It's no wonder why investors are pouring money heavily on other chains like Solana and BNB. I just hope the upgrade doesn't get delayed by 2023, because that would mean reduced market share/dominance for ETH in the short term. If the world's second-largest cryptocurrency by market cap wants to beat the competition, it's going to need to scale as soon as possible. Otherwise, it won't get that far in terms of mainstream adoption.

They are not "stalling", they are failing . I know that doesn't really make sense when you consider ETH is a big deal, but the reality is that they are not good enough at all to do something like this. I know that I am being a little harsh on them, but that is just the facts. Give the founders of SOL the power to change the code over at ETH and we will have 2.0 in a year, and I mean literally inside 1 year of them starting, which ETH founders already went well beyond.

Unfortunately, eth developers leave it as it is knowingly because the more it costs the more you buy eth and spend it, and that is what they want, "utility" for eth is buying it and spending for gas, that is what they are hoping ETH to be used for, and that is why they do not do 2.0 for the time being.

[crzy]

to be honest, I'm already tired of waiting for ETH 2.0 and I'm not sure that everything planned by the developers will come true until the end of the year, there are analogues with whom I have already made friends and so far I don't want to change anything, I spent a lot on gas fees in the ETH network last year, I even had a certain dislike for this blockchain.

We’re all tired to pay huge fees with ETH, so better for them to work on this update and release it this year because there’s a lot of threat now with ETH and if they can’t solve this problem I’m sure other blockchain will take over and ETH might drop its price most probably. This update is long overdue already, hoping for the devs to expedite this update.

[Benefactor]

The main issue is this is as yet an assessment yet the genuine execution might get delay once more. In spite of the fact that at the present Ethereum is as yet in a decent position yet it will be very better whenever it is overhauled into Ethereum 2.0 and fix the issue.

[btc78]

There are rumors circulating around the web, that the ETH 2.0 upgrade will finalize this year. It would be a major upgrade on the ETH blockchain, after a long period of delays. The competition became much more intense ever since gas fees increased on the ETH blockchain. If the ETH 2.0 upgrade comes into fruition, then ETH's position on the market will solidify like never before. Depending on the impact, competing chains will experience less demand on the market.

Still, I'm having my doubts if ETH will upgrade to PoS this year due to the delay in ETH's difficulty bomb. How long will it take for mining on the ETH blockchain to come to an end is beyond me.

Do you think 2022 will be the year of ETH 2.0? If not, why? What will happen with ETH after the upgrade is successfully implemented? Will it mark the end of alternative smart contract platforms for good? Will ETH gas fees decline massively after the upgrade? Or will everything else remain the same? Your input will be greatly appreciated. Thanks.

hoping this will finally be mate, i have been looking for this opportunity to make my Ethereum climb as high to the top , i mean for many years ? ethereum had been pending this release and now this following year would be the final?

damn i  cant wait for this to happen and cannot wait to see my funds growing as high as how Ethereum supporters to be.

[TastyChillySauce00]

it couldn't definitely be the year of ETH 2.0 although I just don't really want to sweat over ETH 2.0 because simply it could just be disappointing in the future. So many delay has come and this is making so many people being forced to pay the fees to trade in the network and that's totally not fair compared how big revenue that earned by ethereum miners.

There are quite many layer 2 solution for ETH already even if their ETH 2.0 could solve the problems that we are currently facing that is the high gas price we could simply
just convert the ERC-20 back in ETH because most of them that existed in multiple chain usually have bridging feature that could allows us avoids the gas of ETH while also still using ETH in the future or having any plan of using ETH again in the future.

Even if it comes next year and i will not even believe it. It may be done with no ETA.

[doomloop]

There are rumors circulating around the web, that the ETH 2.0 upgrade will finalize this year. It would be a major upgrade on the ETH blockchain, after a long period of delays. The competition became much more intense ever since gas fees increased on the ETH blockchain. If the ETH 2.0 upgrade comes into fruition, then ETH's position on the market will solidify like never before. Depending on the impact, competing chains will experience less demand on the market.

Still, I'm having my doubts if ETH will upgrade to PoS this year due to the delay in ETH's difficulty bomb. How long will it take for mining on the ETH blockchain to come to an end is beyond me.

I hope that rumors will came true because its been a long time and small users like me are still suffering to use eth on many cases. Before I like using eth to gamble and to trade but ever since the gas price went up I just cant do the things I love anymore.

I would also like to try minting nfts under the eth network if ever eth 2.0 is successful and fees subsided but by the way have you guys heard pulsechain? It said to be the fork of the eth network if I am not mistaken, I think this event could contribute well in the ETH as many people will accumulate more eth and erc20's to get as much airdrop. I do not see that alternative networks networks next to eth are threatening but in fact they are helpful to lessen the pressure on the network, I do not expect them to end for good even if eth goes back to normal.

[eaLiTy]

it couldn't definitely be the year of ETH 2.0 although I just don't really want to sweat over ETH 2.0 because simply it could just be disappointing in the future. So many delay has come and this is making so many people being forced to pay the fees to trade in the network and that's totally not fair compared how big revenue that earned by ethereum miners.

The users are tired of paying higher transaction fees for over a year and people are really tired and pushing the projects to move to other chains and the projects are also moving to other chains so that they could retain the community members and that is not that great for ETH in the long run. The only reason the price rallied in ETH is because majority wanted to stake the coins and earn money because of their consensus change and whether these moves will end up in a disaster is yet to be seen  .
 

[barbara44]

The real deal is not just staking, it is not even gas fee situation neither because there is no guarantee gas fees will be lower. You know what is the real deal? It is the fact that miners will not be forced to sell ETH to pay their bills. That's literally all I care about right now, it is the fact that miners have been selling ETH for a long time now and I am really super excited about this, if miners do not get those ETH that they sell, and that stays right now then I would guess that ETH will make a great profit and will go up.

Compared to miners selling their ETH to pay their bills, we will have people who stake ETH and keep it to earn even more with staking. It is going to be awesome and price will go up insanely high.

[magneto]

There are rumors circulating around the web, that the ETH 2.0 upgrade will finalize this year. It would be a major upgrade on the ETH blockchain, after a long period of delays. The competition became much more intense ever since gas fees increased on the ETH blockchain. If the ETH 2.0 upgrade comes into fruition, then ETH's position on the market will solidify like never before. Depending on the impact, competing chains will experience less demand on the market.

Still, I'm having my doubts if ETH will upgrade to PoS this year due to the delay in ETH's difficulty bomb. How long will it take for mining on the ETH blockchain to come to an end is beyond me.

Do you think 2022 will be the year of ETH 2.0? If not, why? What will happen with ETH after the upgrade is successfully implemented? Will it mark the end of alternative smart contract platforms for good? Will ETH gas fees decline massively after the upgrade? Or will everything else remain the same? Your input will be greatly appreciated. Thanks.

I think that it will be.

The ETH team knows that the community will be waiting for the merge, and if it continues to delay the launch of 2.0 then people will become skeptical and potentially pull out of ETH as time goes on.

Whether or not it delivers the promise of much lower fees is yet to be seen, though. I personally think that it will, but it will never lower fees to the point where retail investors can make transactions without thinking about gas.

[Ziskinberg]

There are rumors circulating around the web, that the ETH 2.0 upgrade will finalize this year. It would be a major upgrade on the ETH blockchain, after a long period of delays. The competition became much more intense ever since gas fees increased on the ETH blockchain. If the ETH 2.0 upgrade comes into fruition, then ETH's position on the market will solidify like never before. Depending on the impact, competing chains will experience less demand on the market.

Still, I'm having my doubts if ETH will upgrade to PoS this year due to the delay in ETH's difficulty bomb. How long will it take for mining on the ETH blockchain to come to an end is beyond me.

Do you think 2022 will be the year of ETH 2.0? If not, why? What will happen with ETH after the upgrade is successfully implemented? Will it mark the end of alternative smart contract platforms for good? Will ETH gas fees decline massively after the upgrade? Or will everything else remain the same? Your input will be greatly appreciated. Thanks.

I stop relying on that rumors as it was a failure, this nothing could help ETH to lower the fees which all of us wanted to see. If that could give us the assurance, might it change our mind but until it wasn't yet launch, that still makes no sense. If Vitalik knows the situation he probably settles the issue but feels it was not, he does several upgrades but sees no effect on the gas fee, it is still high and not really acceptable. This is what we need for, and I hope he could find a way to help it...

[molsewid]

I stop relying on that rumors as it was a failure, this nothing could help ETH to lower the fees which all of us wanted to see. If that could give us the assurance, might it change our mind but until it wasn't yet launch, that still makes no sense. If Vitalik knows the situation he probably settles the issue but feels it was not, he does several upgrades but sees no effect on the gas fee, it is still high and not really acceptable. This is what we need for, and I hope he could find a way to help it...

It is inevitable that every year there are a lot of speculations circulating around and as much as we wanted to see a fruitful year for a certain crypto like eth but then sometimes or most of the times speculations and rumors didn't come true in a very timely manner. Crypto is so volatile that we can't predict which crypto will most likely going to be the top performing crypto this year. And yeah I do also hope for a lower gas fee of eth instead.