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Fatunad
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March 26, 2022, 06:28:01 PM
 #21

I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
They wont be staying on 2nd ranking coin in the entire market for nothing even though they are in PoW but doesnt mean that its shit.The only thing i do see for it to be shit is on the fee issues.
We've been suffering from high Gas for a long time already which im not surprised that most projects are using other blockchains and not staying with erc20 which i could not blame them off.
Speaking of future then no one really knows but if they do really stay up something like this and doesnt make any changes then it wont be surprising that it would be overtaken with some good projects below.

R


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March 26, 2022, 08:48:42 PM
 #22

I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.

ETH is becoming a deflationary coin, which makes it attractive for investment and future development. The move to PoS should make ETH mining fairer. That is, you will no longer need expensive equipment to start mining, the system should become more reliable due to validators, and decentralization should increase due to sharding.

In addition, the world constantly discusses the problems of power consumption due to Pow mining. Switching to PoS will solve this problem as well.

Although I also understand that it will not be without disadvantages. For example, the low profitability of this mining. But nevertheless ETH will evolve and the migration to the new algorithm will solve the problems of the network and attract new users and investors. It will also have a positive effect on the price of ETH.

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March 26, 2022, 08:52:34 PM
 #23

I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
The competition is gettin tough, if ETH didn’t adopt or no more updates then that is the time for you to worry about its future. So far ETH is still doing good on trying their best to stay on the competition. The most anticipated update of ETH 2.0 can be a big thing, and maybe this is the reason why ETH is still the top altcoins, they see good things are coming.
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March 26, 2022, 10:06:00 PM
 #24

I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
The competition is gettin tough, if ETH didn’t adopt or no more updates then that is the time for you to worry about its future. So far ETH is still doing good on trying their best to stay on the competition. The most anticipated update of ETH 2.0 can be a big thing, and maybe this is the reason why ETH is still the top altcoins, they see good things are coming.
This updates disappoint many, we heard so many delays and the gas fee issue didn’t solve at all. Well, it may not be fully implemented but its not a good hype anymore. ETH has to do something big here, there’s a lot of good alternatives already and its not a surprise anymore of some coins will replace ETH in top 2, remember XRP is able to replace ETH, there’s a big threat now if ETH didn’t act right.
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March 26, 2022, 10:20:01 PM
 #25

I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
The competition is gettin tough, if ETH didn’t adopt or no more updates then that is the time for you to worry about its future. So far ETH is still doing good on trying their best to stay on the competition. The most anticipated update of ETH 2.0 can be a big thing, and maybe this is the reason why ETH is still the top altcoins, they see good things are coming.
Ethereum will certainly do the update and it depends on the team,
I don't think we need to worry about Ethereum other than that this coin has so far been able to survive to do that of course it's not an easy thing,
Ethereum will continue to grow and develop I'm sure of that and maybe it's just a matter of time

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March 26, 2022, 10:29:00 PM
 #26

Why would you be afraid if the token or altcoins you own is top in the market?. Just think of a way where you can take advantage of the token or altcoin to gain profit like hold for example or daily trading. Since it is in the top market for a long time then you don't have to worry or be afraid because of it. Though the price is not stable but you can take advantage of the sudden increase or decrease of the price to own more crypto.

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March 27, 2022, 03:46:01 AM
 #27

I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
There is no need to worry about the future of ETH because ETH itself is considered the most successful product in the crypto space with smart contracts that have been used by many other projects in the past. So the concept will only have a very small effect for ETH because ETH has been very popular from the past until now.



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March 27, 2022, 04:43:37 AM
 #28

I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
Ethereum is a smart contract with great potential for now and in the future, this smart contract runs quite independently, many cases that people talk about ethereum has very expensive transaction fees, but these issues do not make ethereum fall just like that, even the power of ethereum now, they are used by big project, so the transactions and balance of ethereum is huge when compared to others, this refers from the time they appeared until their current journey
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March 27, 2022, 04:52:27 AM
 #29

I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
Ethereum is first decentralised open source smart contract provider for ERC20 based token and ethereum is still popular .around 90% potential and private investors use Ethereum for holding and investors and they believe in ethereum a lot . but due to ethereum higher gas fees all small investors and crypto users avoid ethereum and ethereum networks. that’s why we think maybe ethereum in die. but ethereum still good and the future of ethereum is must bright. in the future eth will lead bitcoin and it will work as alternative bitcoin.

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March 27, 2022, 02:00:13 PM
 #30

The way everyone has always been in the center of interest has pushed the extra gas fee a bit over time.  Ethereum has been around for a long time, even in the 2nd largest investment.  Moving to POS Ethereum is a must.  Gas fees are expensive so POS transfer to POW is required for ETH.  In addition to moving to POS Ethereum, its network will easily expand further
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March 27, 2022, 02:31:41 PM
 #31

I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
No need to worry, although currently ETH uses a different algorithm on the network in general, ethereum holds the highest throne in the order of cryptocurrency coins as the best network coin.
As long as Ethereum always wants to develop their projects, I'm sure there are very many similar projects that are not equivalent, because it has often happened even from 3 years ago that people say that if they are ethereum killers, in fact they are just bullshit.

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March 27, 2022, 03:20:45 PM
 #32

The future of eth is nothing to worry about. Eth has always been one of the best altcoins. It is always stable, even more often giving advantages than losses.

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March 27, 2022, 03:51:22 PM
 #33

(....)
The competition is gettin tough, if ETH didn’t adopt or no more updates then that is the time for you to worry about its future. So far ETH is still doing good on trying their best to stay on the competition. The most anticipated update of ETH 2.0 can be a big thing, and maybe this is the reason why ETH is still the top altcoins, they see good things are coming.
Hmmm, you got a point here but if you take a look since the beginning even there are already a lot of projects that claim that they are the "Ethereum killer" are vanishing.
And this new trend, which is POS layer 1 networks which for me I can consider as an alternative for Ethereum, as you can see there are already a lot of platforms that support multi-chain/network, so for sure in the future, competitors of Ethereum will stay also as Ethereum will stay too.

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March 27, 2022, 04:05:06 PM
 #34

PoW does not really help with the bandwidth congestion these days and the developers absolutely have to push forward to PoS which will help to scale the chain and reduce the fees.
If you remember some years ago Vitalik said the 1$ transaction fee is ridiculous but now we've seen 200$ fees.
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March 27, 2022, 04:19:36 PM
 #35


POW is a problem nowadays, many countries are starting to question the environmental impact caused by crypto mining activities. the biggest one is china, they last year started banning all kinds of crypto mining activities in that country. and many say POS is the solution to the problems of the crypto ecosystem. there are no issues related to environmental impact and that might be the way for wider adoption.


The world doesn't care at all on the environmental impact, if it does then the moment they knew PoW would make the environment worst they would've shut it down already. Why didn't they? Because they are gaining from it, if the miners stop using those massive energy who would?  The oils imports that they can earn with those running facilities giving everyone the energy source. This is money we are talking, human is greedy and would do anything to be more wealthier even it causes earth's destruction. Eth is good as it is and so does BTC, if it is easy to acquire then it wouldn't be so precious right now, look at gold and diamonds etc, they are all mined and requires the use energies too.
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March 27, 2022, 04:19:46 PM
 #36

I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.


What you fear is also partly true because today there are many potential and outstanding altcoins, along with congestion and expensive gas fees on ETH, some projects are looking for alternatives on other networks. But you do not need to worry too much because ETH is still making efforts and gradually entering the transition phase of ETH. The ETH2.0 event is considered the most anticipated event of the crypto community, I find it to attract more people's attention than the bitcoin halving event. Shows that the community's interest in ETH has never cooled down and all efforts will be well rewarded with ETH2.0

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March 27, 2022, 04:25:57 PM
 #37

I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.

I'd support the decision to go POS. POW is going to be a controversial topic for crypto in the future and for a sustainable utility coin, it would be better to be environment friendly. POS are not any less secure than POW and with the whole team involved, it would maintain it's trust. The only thing bothering it is it's slow blockchain, I don't see it improving a lot even if they introduced shradding as the chain is already one of the heaviest.



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March 27, 2022, 04:49:11 PM
 #38

Etherium Future will be more bright than ever. Once again project will adopt Etherium way and Etherium will also do some Update.
You cam see the transaction of Etherium . there is no big difference in number of transaction and perhaps it will go big in future due to vast use case



 

 

 

 

 

 


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March 27, 2022, 06:02:39 PM
 #39

I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
I think you don't worry too much, talking about ethereum, according to what I see ethereum is the top altcoin in the market trend, and I also heard that the presence of this POS is something that the ethereum holder community has been waiting for.

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March 27, 2022, 06:27:21 PM
 #40

~
I'd support the decision to go POS. POW is going to be a controversial topic for crypto in the future and for a sustainable utility coin, it would be better to be environment friendly. POS are not any less secure than POW and with the whole team involved, it would maintain it's trust. The only thing bothering it is it's slow blockchain, I don't see it improving a lot even if they introduced shradding as the chain is already one of the heaviest.
If you look at the fundamental flaw of POS where a few will have majority control over the network, it is not going to be sustainable in the long term. We are behind BTCitcoin because of its decentralization and not because a few can have majority control over others. It might take some time for the general public to understand its flaw but the idea of POW is a controversial topic is just ignoring the fundamentals.
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