PoS vs PoW later this year

[RussianEnglishTranslation]

Many are waiting for it and Now the price of Ethereum is $1670 what will happen if Ethereum if all stages are completed in the future?

It is difficult to say what will happen to Ethereum in the future when the transition from POW to POS is completed. However, it can be assumed that those who want to earn on Ethereum will buy it in order to participate in supporting the network and earn on commissions. If at that time the crypto market continues to decline, then the transition from POW to POS will probably not give a special result for the growth of the price of Ethereum, but if the crypto market passes its next bottom and goes up, then this may lead to another flight to the moon and reaching the price of Ethereum new ATH. In any case, this seems to me a more logical development of events, but I can be wrong and everything can be completely different.

I don't think that anyone is going to even use Ethereum anymore because the merge will not solve the slow transaction speed issue. People are just speculating that it will be deflationary but they don't realize that if the chain isn't being used, then there is no value. This is why I sold my ETH for FTM and CNDL. Both of these projects are technically superior and have a brighter future long term.

Like bitcoin, a lot of projects claim to be better and will topple bitcoin. Same with ETH, look at the projects that came out later and how many projects claim to be ETH killers and do you see any of them succeed.  I still haven't found anyone who can do that.

Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.

You don't see any projects that can supersede Ethereum? You must have been sleeping over the last couple of years. When comparing TVL, chains like FTM, BNB, and MATIC took billions of dollars from the Ethereum ecosystem because Ethereum was literally unuseable due to gas fees. ETH 2.0 won't change that. When we see another bull market, projects like Fantom and CNDL will have higher returns and gain market share. Remember AOL and Prodigy? Look at what the internet has become now. Nobody talks about AOL and nobody will be talking about Ethereum in a couple years because ETH 2.0 sharding is only data sharding, not transaction sharding, so the chain will stay at 15 TPS. You can't run a world computer at 15 TPS.

[Gayong88]

You don't see any projects that can supersede Ethereum? You must have been sleeping over the last couple of years.

Let's wait for Ethereum action because The Merge is only 2 months away.

[TomArayaSlaya]

I think after POS ETH will pump so hard  but the only issue is we have so many ETH killers on the block with various smart chains and multichains connectivity so basically I think that will suck some of the price of ETH and we might no see all the big gains from it but I think still 10-15k ETH is on the table for next bull circle Problem right now is the gigantic amount of L1s in the market

[FanEagle]

Like bitcoin, a lot of projects claim to be better and will topple bitcoin. Same with ETH, look at the projects that came out later and how many projects claim to be ETH killers and do you see any of them succeed.  I still haven't found anyone who can do that.

Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.

That’s basically a selling point, done for marketing and nothing more. "ETH Killer" or whatever words are basically there to do marketing and they do not really believe it. No project believes that they will be bigger than ETH, even the ones that go up, do not believe they could. Hell, ADA team was shocked about passing BNB so much that they didn't even share a single thing about it. Because, they didn't expect such a thing and weren't ready for it.

If you think that there is a coin that could pass bitcoin and ethereum, then you are going to be pretty upset about it. Focus on just top 10, any project that has a start date and top 10 within 2-3 years, is a good one and I would support it, if it’s at top 20 for 5 years and then goes into 10 that usually is not a big change hence why I said 2-3 years.

[icalical]

After what happened with Luna, everyone should understand that Proof of Stake is a dangerous model.
If there is a loophole in the code or a scenario that makes everything collapse dramatically, this will cause the price to collapse severely in a short time.
Therefore, I see that it will be postponed for as long as possible to make mining profitable, and then it will be switched to proving the property after carefully reviewing the codes.
If one of these steps is rushed, it is the end of most alternative currencies and a correction of more than 70% for the price of Bitcoin.

What happened to Luna doesn't have anything to do with the PoS, the loophole is on their back up asset, and how it works. Ethereum is totally different, thousands of smart-contract backing up Ethereum wont just disappear into thin air. Moreover The issue of Crypto against Environment will make most people prefer PoS rather than PoW.

[lixer]

Like bitcoin, a lot of projects claim to be better and will topple bitcoin. Same with ETH, look at the projects that came out later and how many projects claim to be ETH killers and do you see any of them succeed.  I still haven't found anyone who can do that.

Crypto community is very excited about ETH upgrade which has lasted for more than 4 years, I don't know if ETH price will increase or will reach new ATH once upgrade is done?. But switching to POS is a great thing I also expect from ETH, it is eco-friendly and will result in significantly lower ETH gas fees.

That’s basically a selling point, done for marketing and nothing more. "ETH Killer" or whatever words are basically there to do marketing and they do not really believe it. No project believes that they will be bigger than ETH, even the ones that go up, do not believe they could. Hell, ADA team was shocked about passing BNB so much that they didn't even share a single thing about it. Because, they didn't expect such a thing and weren't ready for it.

If you think that there is a coin that could pass bitcoin and ethereum, then you are going to be pretty upset about it. Focus on just top 10, any project that has a start date and top 10 within 2-3 years, is a good one and I would support it, if it’s at top 20 for 5 years and then goes into 10 that usually is not a big change hence why I said 2-3 years.

If it's only for the purpose of marketing then they have chosen a wrong slogan right there. No one's gonna believe that, because all of us here already know what bitcoin is and what it can do. No any other coin can surpass it not even eth itself but maybe other altcoin has a chance to overcome eth like for example matic and bnb. We already know what those coins can do. They are almost similar to eth but the only difference is that they have a cheap processing fee that one can ever imagine.

Pow vs pos, I think both have their own advantage and disadvantage. Btc is a pow coin afaik and eth is said to do a transition. If that's what is planned then maybe it can make eth even better.

[blockman]

I think after POS ETH will pump so hard  but the only issue is we have so many ETH killers on the block with various smart chains and multichains connectivity so basically I think that will suck some of the price of ETH and we might no see all the big gains from it

I've been hearing that term about "eth killer", "BTC killer" and other stuff of the same.

but I think still 10-15k ETH is on the table for next bull circle Problem right now is the gigantic amount of L1s in the market

Looks high at first glance but thinking that the next bull run would surpass the last one that we've got. It's possible but I am not expecting it to be that close to that price.

[dezoel]

You don't see any projects that can supersede Ethereum? You must have been sleeping over the last couple of years. When comparing TVL, chains like FTM, BNB, and MATIC took billions of dollars from the Ethereum ecosystem because Ethereum was literally unuseable due to gas fees. ETH 2.0 won't change that. When we see another bull market, projects like Fantom and CNDL will have higher returns and gain market share. Remember AOL and Prodigy? Look at what the internet has become now. Nobody talks about AOL and nobody will be talking about Ethereum in a couple years because ETH 2.0 sharding is only data sharding, not transaction sharding, so the chain will stay at 15 TPS. You can't run a world computer at 15 TPS.

I mean just because they took a "share" of the pie, doesn't mean that they could supersede ethereum? Isn't that obvious? I mean look at ETH during all of that time when the fee was super high, the price of eth and marketcap of eth was x10 more than all the projects you listed, some of them combined. That is why there is no scenario where I can see other projects passing ETH in marketcap value.

They could take share of the pie and be good, but that doesn't change the fact that it would be a silly idea to imagine they would be higher in marketcap. I personally believe that the best thing we could do right now would be hoping crypto would be getting to a point where ETH would have to go down all by itself.

[RussianEnglishTranslation]

You don't see any projects that can supersede Ethereum? You must have been sleeping over the last couple of years. When comparing TVL, chains like FTM, BNB, and MATIC took billions of dollars from the Ethereum ecosystem because Ethereum was literally unuseable due to gas fees. ETH 2.0 won't change that. When we see another bull market, projects like Fantom and CNDL will have higher returns and gain market share. Remember AOL and Prodigy? Look at what the internet has become now. Nobody talks about AOL and nobody will be talking about Ethereum in a couple years because ETH 2.0 sharding is only data sharding, not transaction sharding, so the chain will stay at 15 TPS. You can't run a world computer at 15 TPS.

I mean just because they took a "share" of the pie, doesn't mean that they could supersede ethereum? Isn't that obvious? I mean look at ETH during all of that time when the fee was super high, the price of eth and marketcap of eth was x10 more than all the projects you listed, some of them combined. That is why there is no scenario where I can see other projects passing ETH in marketcap value.

They could take share of the pie and be good, but that doesn't change the fact that it would be a silly idea to imagine they would be higher in marketcap. I personally believe that the best thing we could do right now would be hoping crypto would be getting to a point where ETH would have to go down all by itself.

Yahoo had the majority of the internet advertising and search engine market under its thumb but got beat by Google from out of nowhere. The same can happen to ETH and BTC. There is a new generation of technically superior blockchains, like CNLD and FTM, and we are still early in the race. Just because ETH has a lead now, doesn't mean it's going to win. It's any man's game.

[irsada]

I personally can't wait to see what will happen when the merger is complete, the devs from ETH have been planning to do this from a few years ago, of course there have been good considerations to execute it, and I feel ETH could get a value above $10k when it happened.