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Author Topic: Discussion about ETH  (Read 366 times)
danherbias07
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August 06, 2023, 11:38:34 PM
 #21

Ethereum made a mess after starting the ERC20 project. It became bloated and they cannot control the sudden high transaction fees and the volume when it comes to sending them from one to another wallet.
I don't think POS is the solution to the problem but they still did it just to loosen that big issue on heavy traffic and expensive fees. What is next makes me wonder because there's just a tiny change after they did it.
Some say it will take time but I doubt that.
If you are looking for the best solution then go Bitcoin, if it's only the cheap fees and speed that you are looking for.
In regards to other projects, well XRP could also be one choice but only for that target.

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August 07, 2023, 12:24:00 AM
 #22

Sometimes I think..
If now we have a fast network with ecology as prosperous as ETH and low tax
Why we need L2 network and ETH..It seems like a deficient network repairing itself constantly.
And POS is without justice that the strong will always be stronger.Blockchain need justice and every one is equal.

I want to see you mates' opinion.And if possibile,please recommend me the best cryptocurrency undervalued now thx. Kiss
From my own understanding, layer-2 networks are friends of Ethereum.
Let's admit, stability is the issue that we have on Ethereum, high transaction fees and not friendly for small fund users.
Here come Layer-2 networks, which solve the stability problem of Ethereum but on a separate network.

I am also curious what if later on or in the future, Ethereum will manage to solve the stability issue of it, do we still need layer-2 networks?

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August 07, 2023, 06:17:46 AM
 #23

ETH become worse when the block is on ghost chain. we not sure when secure. ETH worse than old one. For security is low. why they remove RPC. since the RPC keep hacker or or third party attack it.

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August 07, 2023, 11:08:02 AM
 #24

Ethereum's main network has some systemic issues that make users feel uncomfortable using its main network. Ethereum's main network problem is excessive transaction fees. Users generally avoid this network due to high transaction fees. If the version 2 of the Ethereum network can be successfully brought to the market, the popularity of this coin and the volume of transactions from this platform will increase a lot. The version 2 network should ensure more security of Ethereum along with reducing network fees. Ethereum can be considered as the second most popular coin in terms of popularity, so if they can improve their network more then this coin will increase in popularity.
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August 07, 2023, 01:27:22 PM
 #25

Name one super successful coin who is PoS,yes you guessed it right,there is none.The reason being that by PoS only stake holders validate transactions which means that a bunch of gangs control everything that happens with the network and as OP said there is no justice at all,they can manipulate the coin to their desire and do whatever they like without coming into question,this means that since ETH moved to such realm,its success has been limited and it will be further limited with the passing of time,there is nothing good coming from a centralized way of managing things which PoS is.

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August 07, 2023, 02:17:10 PM
 #26

Ethereum made a mess after starting the ERC20 project. It became bloated and they cannot control the sudden high transaction fees and the volume when it comes to sending them from one to another wallet.
I don't think POS is the solution to the problem but they still did it just to loosen that big issue on heavy traffic and expensive fees. What is next makes me wonder because there's just a tiny change after they did it.
Some say it will take time but I doubt that.
If you are looking for the best solution then go Bitcoin, if it's only the cheap fees and speed that you are looking for.
In regards to other projects, well XRP could also be one choice but only for that target.
the ERC20 is just implementation, whether its gonna be misused for spamming is up to the people honestly they are at no fault when it comes to their blockchain being bloated, but now that the fee has been relatively high it seems the amount of spam token are reducing by significant amount, after all it takes few hundred dollars sometimes to just deploy some token.
but regardless though, eventually they would find the solutions towards all these problems even though many are quite pessimistic in that regard.
i'd say, ethereum is taking the right path. the implementation of the side chains nowadays have been quite lifted some of the burden that ethereum have.
the current main reason why the gas fee still high is because the coin itself already valued so high.

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August 07, 2023, 02:25:25 PM
 #27

ETH blockchain needs to solve fees for any means necessary. It ruins everything, buyer know that. Everything else is going on well ,like WEB3 and blockchain network altcoins.  Smiley
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August 07, 2023, 04:21:01 PM
 #28

Name one super successful coin who is PoS,yes you guessed it right,there is none.The reason being that by PoS only stake holders validate transactions which means that a bunch of gangs control everything that happens with the network and as OP said there is no justice at all,they can manipulate the coin to their desire and do whatever they like without coming into question,this means that since ETH moved to such realm,its success has been limited and it will be further limited with the passing of time,there is nothing good coming from a centralized way of managing things which PoS is.

true this right. if become control it's too hard. what if some holder is control supply. then they put off sell with higher price. ETH today not like ETH old pow when the miners is make strong network. they solve issue with pos is hard to believe. cause more POS the POW popularity is decreased. the problem is network health is bad after effect.

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August 07, 2023, 05:17:01 PM
 #29

Ethereum made a mess after starting the ERC20 project. It became bloated and they cannot control the sudden high transaction fees and the volume when it comes to sending them from one to another wallet.
I don't think POS is the solution to the problem but they still did it just to loosen that big issue on heavy traffic and expensive fees. What is next makes me wonder because there's just a tiny change after they did it.
Some say it will take time but I doubt that.

No one said that moving to PoS should solve scalability and commissions. These problems should be solved in other ways, by the same sharding. The developers have mentioned this many times.

If you are looking for the best solution then go Bitcoin, if it's only the cheap fees and speed that you are looking for.

Bitcoin is as slow and expensive as ETH, if someone is interested in speed and cheapness of transactions, other networks solve similar problems, where transaction speed can be a few seconds and it will all cost a few cents or even less.

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August 08, 2023, 05:05:39 AM
 #30

Name one super successful coin who is PoS,yes you guessed it right,there is none.The reason being that by PoS only stake holders validate transactions which means that a bunch of gangs control everything that happens with the network and as OP said there is no justice at all,they can manipulate the coin to their desire and do whatever they like without coming into question,this means that since ETH moved to such realm,its success has been limited and it will be further limited with the passing of time,there is nothing good coming from a centralized way of managing things which PoS is.
ETH? I mean it didn't started as pos, but it is pos right now and it's super successful which is at second place right now, it got there when it was pow, and then turned into pos, but it didn't drop from that place after it became pos neither. You do not have to invest into pos coins neither by the way, if you dislike them then you could always invest into something else.

However, if you really want to invest into something pos then ETH is the way to go and it is by far the best altcoin out there in the world without a doubt. I hope that it gets to a point where can see it grow better and get to be a lot higher. I know that it will take some time but that shouldn't really be an issue in the end and should not be considered.

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August 08, 2023, 05:23:06 AM
 #31

Why we need L2? Have you tried using ETH last year or the year before.

Right now the fees are like 15gwei so it’s cheap to transfer ETH and a erc20 transfer is maybe $1.50. Not that cheap but also not crazy.

Back then you paid like $50 for a single erc20 transfer. It was unusable. Hence why L2 were created for people who do more active transactions. Now networks like Poly charge a fraction of a penny for an transaction on there.
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August 08, 2023, 07:52:25 AM
 #32

Sometimes I think..
If now we have a fast network with ecology as prosperous as ETH and low tax
Why we need L2 network and ETH..It seems like a deficient network repairing itself constantly.
And POS is without justice that the strong will always be stronger.Blockchain need justice and every one is equal.

I want to see you mates' opinion.And if possibile,please recommend me the best cryptocurrency undervalued now thx. Kiss
Actually, not a big fan of ETH. The fees are not really low. It seems to me they just trying to rob the users after they switched to pos
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August 10, 2023, 05:13:54 AM
 #33

the problem today still on Ghost chain. like after stake validation is gone. this similar with mining with orphaned. ETH need some problem sometimes before that become dust transaction or dust balance to throw up. My friend told me ETH still have that problem ghost chain stuff already report to dev and not respond. even they respond as not important issue. This maybe after they POW to POS have glitched code.

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August 10, 2023, 12:08:19 PM
 #34

Sometimes I think..
If now we have a fast network with ecology as prosperous as ETH and low tax
Why we need L2 network and ETH..It seems like a deficient network repairing itself constantly.
And POS is without justice that the strong will always be stronger.Blockchain need justice and every one is equal.

I want to see you mates' opinion.And if possibile,please recommend me the best cryptocurrency undervalued now thx. Kiss
If you think that something is working unfairly, then you have not understood the system.
 L2 solutions allow you to scale the ethereum ecosystem, and ethereum makes it possible for its large owners to earn 7-10% of annual profit, which is very good for a large capital.

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August 11, 2023, 03:15:21 AM
 #35

I still think that Layer 2 projects are doing a good job at what they intend to do but what they intend to do is not really a big deal at all. We need to realize that it's not going to be that easy, it's going to take some time it will definitely be something that will be a bit different and difficult in the end.

We should realize that it should be not that much of a big deal if we are not careful, and that is why it's important that we have an understanding of Layer 2 and what they achieve. I do not think that they achieve as much as people think they do, and there is nothing wrong with that, they do what they say they do and for those who want it, they at least provide it, better to have it and not want it than not have it and need it.

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August 11, 2023, 03:21:55 PM
 #36

Ethereum is a very popular coin among altcoins. The market of Ethereum is very small now, if we want, we can invest in Ethereum. The price of Ethereum is expected to increase in a few months. But besides Ethereum, we also have other popular coins.  I can invest in them. The popularity of Ethereum is increasing day by day.


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August 15, 2023, 07:37:43 AM
 #37

Ethereum is a very popular coin among altcoins. The market of Ethereum is very small now, if we want, we can invest in Ethereum. The price of Ethereum is expected to increase in a few months. But besides Ethereum, we also have other popular coins.  I can invest in them. The popularity of Ethereum is increasing day by day.
until now and maybe for quite a long time it is very difficult for any other altcoin to shift the popularity of ethereum. more and more ethereum is clearly in great demand because it is indeed a very potential coin, although it is true that there are still many altcoins which are also very good, will also provide benefits but maybe not as big as obtained from ethereum.
so don't miss the opportunity to continue buying when the price is indeed declining because sometimes opportunities can pass unexpectedly. I think you are right if you want to invest in ethereum and will not regret the actions you take.

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August 17, 2023, 12:31:45 AM
 #38

I think ETH is a very strong crypto and many people use this its also show that its a very great but according to my experience is that if ETH solve there fee problem because there fee is so high so i easily say that definitely its make more strong..

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August 17, 2023, 02:01:11 AM
 #39

ETH blockchain needs to solve fees for any means necessary. It ruins everything, buyer know that. Everything else is going on well ,like WEB3 and blockchain network altcoins.  Smiley
How many times people complained about that? Ethereum developer already planned it but no ETA for when execution to solve the scalability will be implemented. I meant ethereum is a big scale of blockchain and it has been used by hunreds thousand people everyday. That's why the plan must be fully audited to make sure there will be no bug contained in the update and it will be in result the blockchain gets destroyed. Fixing the issue in ethereum development is not as simple as just saying it; it involves many tasks, including multiple audits to ensure a smooth and safe update. Im sure that if you are a developer and you will know how difficult it is. Ethereum is fully running blockchain.
It can't be updated easily like when you were patching the game online. It's related to the billions of money that are contained in the blockchain. That's why it needs time to make it happen.

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August 17, 2023, 03:02:31 AM
 #40

I once made Ethereum my favorite token. It's fast and cheap. That was years ago. Now I think that ETH has a bad future. I mean with all the problems that exist today I think that can these problems be solved in the future??

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