Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: Joseph007 on December 11, 2020, 09:29:08 AM
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Greetings, there are a lot of news about Ethereum 2.0, and i would like to know what are the main advantages and benefits of
Ethereum 2.0 ?
May be it is gonna have lower fees ?
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Thank you so much for sharing a beautiful and valuable post with us. Because I didn't know about the benefits of Etherium 2.0 but you helped me a lot. If karma could be given then of course I would give you a karma.
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The advantages of Ethereum 2 are numerous and not only improve the problem of transaction fees (which are now very high)but it also improves many other qualities, if you want to know more about everything new it offers you can read the article I read a few months ago.
What is Ethereum 2.0?: https://medium.com/coinmonks/what-is-ethereum-2-0-1c8ad1cface6
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Greetings, there are a lot of news about Ethereum 2.0, and i would like to know what are the main advantages and benefits of
Ethereum 2.0 ?
May be it is gonna have lower fees ?
The core purposes of etherum 2.0 is to improve the ecosystem and also to reduce the scalability related to transaction fees and network clogging. The 2.0 etherum launch is reported to also help miners. We await the full launch
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Greetings, there are a lot of news about Ethereum 2.0, and i would like to know what are the main advantages and benefits of
Ethereum 2.0 ?
May be it is gonna have lower fees ?
there are very many advantages of eth 2.0 one of which is the transaction per second block will rise to 100k block / second of course this is very fast so that allows the transaction cost to be as low as it used to be.
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"Ethereum 2.0 is an upgrade to the already existing Ethereum blockchain. It aims to increase the speed, efficiency, and scalability of the Ethereum network, enabling it to address the bottlenecks and increase the number of transactions. The pseudo names for Ethereum 2.0 are Eth2 or Serenity."
This is what google tells us.
And yes, the fees will be cheaper after the Ethereum 2.0 implementation. But there is still a long way to go. Ethereum 1 will be further developed, along the way the fees will also be cheaper. So it is planned.
Both Ethereum versions will exist in parallel for years.
From a technical point of view, it is a new chain and thus also a new token. This token also initially has completely different capabilities. Since the Ethereum 2.0 token on the Beacon Chain cannot be transferred back to the Ethereum 1.0 Chain, it can be assumed that a market for the ETH2 token will develop. Then the ETH 1.0 token and the ETH 2.0 token will have different rates. But since you can switch from ETH 1.0 to ETH 2.0 at any time (but not the other way around), the price for the ETH2 token should never be higher than the price of ETH. But maybe below. Translated from here: https://www.blockchaincenter.net/ethereum-2/#was
What happens to the smart contracts on the previous chain?
The Ethereum 1.0 chain, including all smart contracts, will continue to exist forever. Over time, however, they will lose more and more importance because new projects use the new chain at some point.
If you want you can read this too:
https://decrypt.co/resources/what-is-ethereum-2-0
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Ethereum's price has been rising so much since the launch of Ethereum 2.0. The current Ethereum price is around 2000 dollars and will soon reach 2000 dollars. But what will happen if the price of Etherium increases. The transaction fees has increased several times due to which the loss is more than the profit if some token sells are given.
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Ethereum 2.0 technology is an updated technology of Ethereum. Through which transactions can be done more easily and securely. Ethereum's biggest problem right now is its excess gas free. But if Ethereum's gas free will be greatly reduced if ETH2.0 technology can be successfully marketed. And we can easily transact anything without extra gas free.
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Ethereum 2.0 technology is an updated technology of Ethereum. Through which transactions can be done more easily and securely. Ethereum's biggest problem right now is its excess gas free. But if Ethereum's gas free will be greatly reduced if ETH2.0 technology can be successfully marketed. And we can easily transact anything without extra gas free.
According to Vitalik Buterin, what you said, everything will be, but only in a certain future. The Ethereum 2.0 update has not yet been completed and we have seen only a few phases of it successfully completed. I believe that the scalability problem will be addressed consistently.
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"Ethereum 2.0 is an upgrade to the already existing Ethereum blockchain. It aims to increase the speed, efficiency, and scalability of the Ethereum network, enabling it to address the bottlenecks and increase the number of transactions. The pseudo names for Ethereum 2.0 are Eth2 or Serenity."
This is what google tells us.
And yes, the fees will be cheaper after the Ethereum 2.0 implementation. But there is still a long way to go. Ethereum 1 will be further developed, along the way the fees will also be cheaper. So it is planned.
Both Ethereum versions will exist in parallel for years.
From a technical point of view, it is a new chain and thus also a new token. This token also initially has completely different capabilities. Since the Ethereum 2.0 token on the Beacon Chain cannot be transferred back to the Ethereum 1.0 Chain, it can be assumed that a market for the ETH2 token will develop. Then the ETH 1.0 token and the ETH 2.0 token will have different rates. But since you can switch from ETH 1.0 to ETH 2.0 at any time (but not the other way around), the price for the ETH2 token should never be higher than the price of ETH. But maybe below. Translated from here: https://www.blockchaincenter.net/ethereum-2/#was
What happens to the smart contracts on the previous chain?
The Ethereum 1.0 chain, including all smart contracts, will continue to exist forever. Over time, however, they will lose more and more importance because new projects use the new chain at some point.
If you want you can read this too:
https://decrypt.co/resources/what-is-ethereum-2-0
It seems that many will switch to ETH2, will ETH2 still use ERC20 in the future? The development of ETH2 will be eagerly awaited by the crowd
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For now Ethereum 2.0 doesn't have a good function because it doesn't have a significant effect on the development of Ethereum.
Ethereum 2.0 provides a great deal of change such as reduced transaction fees, transaction speed and validator in Staking with 32 Ethereum deposits.
But all of them are constrained by only one point, namely the very expensive transaction fee and that everyone doesn't like it.
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As far as I know about Ethereum 2.0 technology this technology is a very modern technology of current technologies.The blockchain of this technology is more advanced and secure. Transactions can be done on this platform with a lot of security.And the problem we are currently suffering from is hopefully we will get rid of this problem with the advent of Etherium 2.0 technology.
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As far as I know about Ethereum 2.0 technology, this technology will not only reduce Ethereum's gas fee but also increase Ethereum's popularity among the people.Because many new features have been added to this Etherium 2.0 technology.
Hopefully this technology will be launched in a successful way.
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Actually at this moment Etherium is very popular currency in the crypto currency market. However Etherium has introduced Etherium2.0 technology ; which has made etherium very easy and smart for transection. Using this technology the etherium users can get many benefit.
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The advantages of Ethereum 2 are numerous and not only improve the problem of transaction fees (which are now very high)but it also improves many other qualities, if you want to know more about everything new it offers you can read the article I read a few months ago.
What is Ethereum 2.0?: https://medium.com/coinmonks/what-is-ethereum-2-0-1c8ad1cface6
Yes I hope Ethereum 2.0 will solve gas fee problem. I have read many opinion here, they said Ethereum 2.0 completely, we will see the low gas fee. They said we would wait until July this year . Let's see.
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The coming of Ethereum 2.0 will change the entire present headache to everybody. Gas fee is rediculously declining the loveable ethereum users went back to the first day of ethereum 2.0 until then. The only hope for now is to wait for the day of ethereum redemption.
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The advantage of Ethereum 2.0 is that it increases sending the number of Ethereum coins, from 1 second to only 15 coins and maybe for Ethereum 2.0, Ethereum can exceed hundreds of coins for 1 second of sending.
But the effect is that the cost of sending Ethereum is affected because the transaction fees are getting more expensive and difficult to cheapen again.
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The advantage of Ethereum 2.0 is that it increases sending the number of Ethereum coins, from 1 second to only 15 coins and maybe for Ethereum 2.0, Ethereum can exceed hundreds of coins for 1 second of sending.
But the effect is that the cost of sending Ethereum is affected because the transaction fees are getting more expensive and difficult to cheapen again.
Recently, information was circulated on the Internet that one person transferred a fairly large amount of Ethereum in the amount of $ 1.5 million and paid only $ 40 in commission. I think this is nonsense. if ethereum rises in price above $ 5,000 and the gas price is the same $ 40, then I will not be indignant.[
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Everyone hopes like that because Ethereum is already too very unsettling with its very expensive fees.
I also admit that Ethereum is not friendly with transaction fees and it gives me a headache.
To send any token which is only worth around 30 USD but has to pay a fee of 70 USD. lol
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Everyone hopes like that because Ethereum is already too very unsettling with its very expensive fees.
I also admit that Ethereum is not friendly with transaction fees and it gives me a headache.
To send any token which is only worth around 30 USD but has to pay a fee of 70 USD. lol
I totally agree that the fees on the Ethereum network are quite high, but recently they have been in the region of $ 16. Of course, if we talk about uniswap commissions, then the commission there is $ 40 or more. I think it will be a lot more difficult to deal with fees given the ever-increasing price of Ethereum.
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The main advantage of ETH2.0 over eth is resolving the present scalability issues associated with it, ETH2.0 when fully implemented will bring down the problem of traffic congestions and high cost of transaction fees I believed ETH developers are working round the clock to launch ETH2.0 as soon as possible else Binance Smart Chain will will be adopted by new project developers.
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The main advantage of ETH2.0 over eth is resolving the present scalability issues associated with it, ETH2.0 when fully implemented will bring down the problem of traffic congestions and high cost of transaction fees I believed ETH developers are working round the clock to launch ETH2.0 as soon as possible else Binance Smart Chain will will be adopted by new project developers.
I find it great that the developers are focused and working hard to launch ETH 2.0, but I think that before improving a product that is in the testing phase and does not have an exact release date, they should improve Ethereum instead of ignoring the problems of their users. I find it disrespectful to everyone who uses that chain.
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The main advantage of ETH2.0 over eth is resolving the present scalability issues associated with it, ETH2.0 when fully implemented will bring down the problem of traffic congestions and high cost of transaction fees I believed ETH developers are working round the clock to launch ETH2.0 as soon as possible else Binance Smart Chain will will be adopted by new project developers.
I find it great that the developers are focused and working hard to launch ETH 2.0, but I think that before improving a product that is in the testing phase and does not have an exact release date, they should improve Ethereum instead of ignoring the problems of their users. I find it disrespectful to everyone who uses that chain.
Yes I think Ethereum 2.0 has not good impact yet for gas matter. Because I see gas fee of ERC20 still high. But we should wait until July this year. Many People said Ethereum 2.0 launch completely at July this year.
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The advantages of Ethereum 2 are numerous and not only improve the problem of transaction fees (which are now very high)but it also improves many other qualities, if you want to know more about everything new it offers you can read the article I read a few months ago.
What is Ethereum 2.0?: https://medium.com/coinmonks/what-is-ethereum-2-0-1c8ad1cface6
Yes I hope Ethereum 2.0 will solve gas fee problem. I have read many opinion here, they said Ethereum 2.0 completely, we will see the low gas fee. They said we would wait until July this year . Let's see.
Yes, obviously when ETH 2.0 will fully work there will be needed less time for transaction for high technology and at the same time low gas fee. Though, recent time gas fee also going down like previous time but main focus will be on speed transaction.
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The advantages of Ethereum 2 are numerous and not only improve the problem of transaction fees (which are now very high)but it also improves many other qualities, if you want to know more about everything new it offers you can read the article I read a few months ago.
What is Ethereum 2.0?: https://medium.com/coinmonks/what-is-ethereum-2-0-1c8ad1cface6
Yes I hope Ethereum 2.0 will solve gas fee problem. I have read many opinion here, they said Ethereum 2.0 completely, we will see the low gas fee. They said we would wait until July this year . Let's see.
Yes, obviously when ETH 2.0 will fully work there will be needed less time for transaction for high technology and at the same time low gas fee. Though, recent time gas fee also going down like previous time but main focus will be on speed transaction.
in any case, today, if you choose the minimum Gas Price Standard when transferring assets in the Ethereum network, you have to wait about 2-3 minutes to confirm the transaction. Of course, the platform is capable of more, but I am satisfied with this indicator.
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The implementation of Ethereum 2.0 has not run smoothly because until now there has been no news from various media regarding whether Ethereum 2.0 has been successful or not.
It looks like Ethereum 2.0 is still out of the way we want to go because it doesn't seem competent to implement Ethereum 2.0 in the entire cryptocurrency market.
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The implementation of Ethereum 2.0 has not run smoothly because until now there has been no news from various media regarding whether Ethereum 2.0 has been successful or not.
It looks like Ethereum 2.0 is still out of the way we want to go because it doesn't seem competent to implement Ethereum 2.0 in the entire cryptocurrency market.
at least the ETH #DevelopmentTeam has stated a long enough path to reach the 2.0 goal. Although, in order to switch to POS, the team decided to speed up the whole process, because the problems began to be called too serious and the corresponding date was set in July 2021.
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Ethereum 2.0. The current Ethereum price is around 4000 dollars and will soon reach 4000 dollars. But what will happen if the price of Ethereum increases. The transaction fees has increased several times Ethereum 2.0 technology this technology is a very modern technology of current technologies. The blockchain of this technology is more advanced and secure. Transactions can be done on this platform with a lot of security
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Many members of the forum have been discussing for a long time that Ethereum Two Point Zero technology will come soon.Ethereum 2.0 technology is basically a modern technology of Ethereum platform Through which many changes are expected to take place in the Ethereum platform. The problem of extra gas fees that we are currently suffering from will also come down considerably.
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Advantages of ETH 2.0 will amaze many people with the most awaited ones being lower fees faster confirmation times and bigger transactions per second threshold i believe that many will sigh with relief when it becomes reality
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Greetings, there are a lot of news about Ethereum 2.0, and i would like to know what are the main advantages and benefits of
Ethereum 2.0 ?
May be it is gonna have lower fees ?
No, until now the gas fee is still high. I hope Ethereum 2.0 will have several advantages, lower gas fee and faster transaction speed.
I see many investors waiting the Ethereum 2.0 completely launch.
They believe the gas free will go down. Hopefully.
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We generally know that Ethereum to Point Zero technology is much more advanced and modern than the Ethereum platform. Ethereum 2.0 technology is far ahead of Ethereum technology. I have been hearing for a long time that Ethereum to Point Zero technology is coming to the market very soon.Hopefully this technology will come to the market soon.
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There will definitely be a lot of changes that will be obtained from this Ethereum 2.0, faster transactions even though the network is congested and the cost of Eth gas is cheap is the mainstay. But we'll see all of that when Ethereum 2.0 is fully released, now we're waiting for that question mark.
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With ETH 2.0. network fee will reduce more than %99. If they succeed I think ETH will dominate the crypto space. So, especially for next bullrun I want to accumulate ETH as much as possible.
In addition tomorrow there will be an update I guess. Fees, I hope, will be lesser for the second part of 2021.
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With ETH 2.0. network fee will reduce more than %99. If they succeed I think ETH will dominate the crypto space. So, especially for next bullrun I want to accumulate ETH as much as possible.
In addition tomorrow there will be an update I guess. Fees, I hope, will be lesser for the second part of 2021.
What will make transaction fees much cheaper will be the launch of a hard fork on the Ethereum chain in July. The biggest advantage of ETH 2.0 will be the ability to mine coins with PoS technology, without the need for GPUs or large amounts of electricity. We have to accumulate Ethereum ;).
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With ETH 2.0. network fee will reduce more than %99. If they succeed I think ETH will dominate the crypto space. So, especially for next bullrun I want to accumulate ETH as much as possible.
In addition tomorrow there will be an update I guess. Fees, I hope, will be lesser for the second part of 2021.
What will make transaction fees much cheaper will be the launch of a hard fork on the Ethereum chain in July. The biggest advantage of ETH 2.0 will be the ability to mine coins with PoS technology, without the need for GPUs or large amounts of electricity. We have to accumulate Ethereum ;).
July,
Until now Ethereum gas fee is still so high.
I think Ethereum cannot reduce the big problem of Ethereum that many investors complaint.
I don't think Ethereum team will have good solution, because gas fee is their income.
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With ETH 2.0. network fee will reduce more than %99. If they succeed I think ETH will dominate the crypto space. So, especially for next bullrun I want to accumulate ETH as much as possible.
In addition tomorrow there will be an update I guess. Fees, I hope, will be lesser for the second part of 2021.
What will make transaction fees much cheaper will be the launch of a hard fork on the Ethereum chain in July. The biggest advantage of ETH 2.0 will be the ability to mine coins with PoS technology, without the need for GPUs or large amounts of electricity. We have to accumulate Ethereum ;).
July,
Until now Ethereum gas fee is still so high.
I think Ethereum cannot reduce the big problem of Ethereum that many investors complaint.
I don't think Ethereum team will have good solution, because gas fee is their income.
I think we didn't see the advantage of Ethereum 2.0.
Gas fee is still high.
Before Ethereum 2.0 launch, investors believe it will have solutions for high gas fee
But not yet.
Hopefully the team will rethink and make solution for this problem
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Until now, the benefits of Ethereum 2.0 have not been able to satisfy Ethereum lovers because they have not been able to minimize the existing transaction costs, so the cost of sending the erc20 token is very expensive.
But the function of Ethereum 2.0 is to increase Ethereum transactions up to several Ethereums in one delivery and this allows for arbitration in a faster time than the previous Ethereum.
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July,
Until now Ethereum gas fee is still so high.
I think Ethereum cannot reduce the big problem of Ethereum that many investors complaint.
I don't think Ethereum team will have good solution, because gas fee is their income.
No more chance to go back to lower transaction gas fee. Ethereum technology and the likes are getting expensive and has a lot to develop just to go back to lower fees. I assume this present gas fee will stay for longer until Ethereum developers has solution to fix all of this embarrassing gas fee.
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I hope everyone knows that Ethereum has the advantage not of the price as well but the advantage of super-sophisticated power, namely the security of the Private Key because until now no computer has been able to crack the Ethereum Private Key.
But indeed I also think the advantages of Ethereum 2.0 are less attractive so it doesn't stand out for the advantages of Ethereum 2.0 which might make some of the Ethereum community feel bored.
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With Ethereum 2.0 its fees will be reduced and the transaction will also be faster.
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How long have they been updating their platform to 2.0? I have seen their plan for the development of their platform, it is very large and divided into years. The platform is gradually being updated, but transactions have become very high.
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Anyone knows the expected timeline for the Ethereum 2.0 launch ?
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July,
Until now Ethereum gas fee is still so high.
I think Ethereum cannot reduce the big problem of Ethereum that many investors complaint.
I don't think Ethereum team will have good solution, because gas fee is their income.
No more chance to go back to lower transaction gas fee. Ethereum technology and the likes are getting expensive and has a lot to develop just to go back to lower fees. I assume this present gas fee will stay for longer until Ethereum developers has solution to fix all of this embarrassing gas fee.
Yes, I think either hasn't good solution for high gas fee yet.
Because till now, The Ethereum gas fee is still high. Many people complain about it.
Hopefully Ethereum team has good solution soon.
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Greetings, there are a lot of news about Ethereum 2.0, and i would like to know what are the main advantages and benefits of
Ethereum 2.0 ?
May be it is gonna have lower fees ?
Actually at this moment Etherium is very popular currency in the crypto currency market. However Etherium has introduced Etherium2.0 technology ; which has made etherium very easy and smart for transection. Using this technology the etherium users can get many benefit.
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We know that ethereum is one of the best valuable currency in the cryptocurrency market.I think that gradually it's popularity will spread worldwide.We also see that ethereum is created a developing technological network of ethereum 2.0 network.So i believed that ethereum 2.0 network is very helpful for ethereum.So best wishes for great technology.
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Right now I only expect a reduction in transaction fees on Ethereum, because the Swap fee is 100 USD – too expensive for all users of the Ethereum ecosystem. Hopefully ETH2.0 will reduce fees to 1-5 gwei! Only then can DeFi on Ethereum explode again with GameFi.
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I think because the purpose of ethereum 2.0 is to reduce gas costs that occur on ethereum so the benefits that may be obtained from ethereum 2.0 of course the cost of gas used for transactions is very cheap, different before there was ethereum 2.0 which gas costs could reach more than $50
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I have money for a video card, but they're in the crypt. Tell me, what exchangers do you use? I use changehero.io to exchange crypto for currency. What do you use? ???
changehero.io nice?
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I think because the purpose of ethereum 2.0 is to reduce gas costs that occur on ethereum so the benefits that may be obtained from ethereum 2.0 of course the cost of gas used for transactions is very cheap, different before there was ethereum 2.0 which gas costs could reach more than $50
Gas transaction fee is still high mate, I think Ethereum 2.0 didn't solve to reduce the high gas fee.
I don't think about the advantage of Ethereum 2.0, I just want to see the gas fee will cheaper.
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With ethereum 2.0, its transaction will be much faster and its fees will also be reduced, which will increase more investment in it.
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With ethereum 2.0, its transaction will be much faster and its fees will also be reduced, which will increase more investment in it.
What you say is totally true, but that is not the problem. The problem is that now (and for a long time) the transaction fees are too high, although in recent days the fees are cheaper. Until ETH 2.0 is implemented and 100% functional, many users will lose investment opportunities and will not be able to move their tokens, and I think that is what developers should be most concerned about, that everyone can use their product in the same way.
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I just hope the beacon chain works soon and we can see low fees for each transaction, if this happens then ethereum will be more and more sought after by many investors because of the low transaction fees. from now on i only do token transfer transactions on ethereum network to cex exchange. to exchange tokens on amm exchange maybe I will think about it because the swap fee is still high
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There are so many advantages of the ETH2.0 the transaction is very fast and may be the fee is low becasue this time the ETH fee is very high and we know that the high fee is the main reason that the new coins will use the TRX and also the BNB wallet for their coins.
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Canadian public company Ether Capital has staked 10,240 Ethers on the Beacon network in an ETH 2.0 deposit contract
TORONTO--(BUSINESS WIRE)--Ether Capital Corporation (“Ether Capital” or the “Company”) (NEO: ETHC), a leading technology company focused on participating in the development of the Ethereum and Web 3 ecosystem, is pleased to announce that it has taken the first step towards staking a majority of its Ether balance.
Ether Capital has allocated 10,240 Ether, currently worth approximately $50 million (US$40 million), to Ethereum’s Beacon Chain, thereby working to provide validation and security to the Ethereum network as it transitions from proof of work consensus to proof of stake. The Company has staked its Ether in accordance with the Company’s multisignature custody protocol. Ether Capital has entered into an agreement with Figment Inc., an industry leading blockchain services provider, to run validator infrastructure for this allocation to staking.
Prior to the merger of Ethereum’s current mainnet into Ethereum’s Beacon Chain (the “Merge”), Ether Capital intends to stake at least 30,000 Ether of its current 43,512 Ether balance. The Merge is currently expected to occur mid-year in 2022. The 30,000 Ether staking goal represents over 68% of the Company’s Ether balance and is currently valued at over $150 million (US$115 million). Based on data from the Ethereum Foundation, current staking rewards reflect an approximate 5.2% annual percentage rate (the “Staking Yield”). The Company notes that the Staking Yield excludes any contributions from transaction fees to validators, which is only expected to apply following the Merge. Transaction fees therefore represent supplemental consideration for validation services provided by Ethereum stakers.
https://www.businesswire.com/news/home/20211215005502/en/Ether-Capital-Corporation-Announces-First-Commitment-to-Ethereum-Staking
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The most expected by Ethereum users is a decrease in gas cost when the Ethereum 2.0 has been launched. Although there are still many more excess Ethereum 2.0 compared to the present, but one first problem to be resolved by Ethereum is the cost of transactions and gas ETH which has been honest for me very peeve.. !
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Well I hope that ethereum 2.0 will solve this gas fee issue. It's really not normal anymore when we do transactions in ethereum network.. the gas fee is really insane that we small time trader like me can't afford the fee.
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According to me , there are very many advantages of eth 2.0. it is a separate blockchain from the Ethereum mainnet. it will greatly increase transaction speeds, potentially scaling its ability to 100,000 transactions per second or more.
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According to me , there are very many advantages of eth 2.0. it is a separate blockchain from the Ethereum mainnet. it will greatly increase transaction speeds, potentially scaling its ability to 100,000 transactions per second or more.
Yeah, Ethereum 2.0 will increase transaction speed but not reduce high gas fee.
I think It's not advantage for us.
Hopefully Ethereum Dec hear about it.
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According to me , there are very many advantages of eth 2.0. it is a separate blockchain from the Ethereum mainnet. it will greatly increase transaction speeds, potentially scaling its ability to 100,000 transactions per second or more.
Yeah, Ethereum 2.0 will increase transaction speed but not reduce high gas fee.
I think It's not advantage for us.
Hopefully Ethereum Dec hear about it.
You're right , Ethereum 2.0 didn't have good effect to solve expensive gas fee .
The developer just focus on transaction speed but didn't have good solution for their.main problem, high gas fee.
Hopefully the Ethereum developers rethink about the main problem and give the good solution.
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You're right , Ethereum 2.0 didn't have good effect to solve expensive gas fee .
The developer just focus on transaction speed but didn't have good solution for their.main problem, high gas fee.
Hopefully the Ethereum developers rethink about the main problem and give the good solution.
Keep calm mate, we should wait Ethereum 2.0 launched completely.
I think Ethereum dev will have good idea to reduce the expensive gas fee.
Although many people worried, it willnot have solution, but I believe It will be solve soon.
Ethereum 2.0 is faster , but didn't cheaper transaction fee.
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You're right , Ethereum 2.0 didn't have good effect to solve expensive gas fee .
The developer just focus on transaction speed but didn't have good solution for their.main problem, high gas fee.
Hopefully the Ethereum developers rethink about the main problem and give the good solution.
Keep calm mate, we should wait Ethereum 2.0 launched completely.
I think Ethereum dev will have good idea to reduce the expensive gas fee.
Although many people worried, it willnot have solution, but I believe It will be solve soon.
Ethereum 2.0 is faster , but didn't cheaper transaction fee.
For now, I doubt Ethereum developer will have good solution for high gas fee.
I saw Ethereum 2.0 launched didn't good effect for this problem, So we should invest in other smart contract platform.
Leave Ethereum is better
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For now, I doubt Ethereum developer will have good solution for high gas fee.
I saw Ethereum 2.0 launched didn't good effect for this problem, So we should invest in other smart contract platform.
Leave Ethereum is better
Yeah, you're right. There's no big effect of Ethereum 2.0 launched, just faster but still have high transaction fee.
As many people said It's annoying.
Many investors still waiting the Ethereum 2.0 progress will solve gas fee problem.
I also don't think this problem will be solved soon.
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For now, I doubt Ethereum developer will have good solution for high gas fee.
I saw Ethereum 2.0 launched didn't good effect for this problem, So we should invest in other smart contract platform.
Leave Ethereum is better
Yeah, you're right. There's no big effect of Ethereum 2.0 launched, just faster but still have high transaction fee.
As many people said It's annoying.
Many investors still waiting the Ethereum 2.0 progress will solve gas fee problem.
I also don't think this problem will be solved soon.
Keep calm mate, we should wait until the developer will launch completely.
I see at several news It will complete at June this year.
Better to wait and see
If Ethereum 2.0 solve the gas problem, It will good value for Ethereum team..
But I see Ethereum team is going work to solve the expensive transaction fee.
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Keep calm mate, we should wait until the developer will launch completely.
I see at several news It will complete at June this year.
Better to wait and see
If Ethereum 2.0 solve the gas problem, It will good value for Ethereum team..
But I see Ethereum team is going work to solve the expensive transaction fee.
Until when mate, I think Ethereum developer won't have good solution for this problem.
High Ethereum been has fee will always be the big program for Ethereum users.
We are waiting the Ethereum 2.0 launched completely this problem , high gas fee will be solved , but after launched, I don't see it will come true.
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Until when mate, I think Ethereum developer won't have good solution for this problem.
High Ethereum been has fee will always be the big program for Ethereum users.
We are waiting the Ethereum 2.0 launched completely this problem , high gas fee will be solved , but after launched, I don't see it will come true.
It is indeed difficult to reduce the cost of Gas ETH, even though Ethereum 2.0 will be fully released later I am sure this will not significantly change the cost of Gas Eth. Remember the Ethereum platform is a big platform, it has a lot of data traffic on it. But if it really can happen, I'm happy if the Eth Gas Cost is down and it's more affordable like it used to be.
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Until when mate, I think Ethereum developer won't have good solution for this problem.
High Ethereum been has fee will always be the big program for Ethereum users.
We are waiting the Ethereum 2.0 launched completely this problem , high gas fee will be solved , but after launched, I don't see it will come true.
It is indeed difficult to reduce the cost of Gas ETH, even though Ethereum 2.0 will be fully released later I am sure this will not significantly change the cost of Gas Eth. Remember the Ethereum platform is a big platform, it has a lot of data traffic on it. But if it really can happen, I'm happy if the Eth Gas Cost is down and it's more affordable like it used to be.
If there is a lot of information circulating from their team, it looks like eth2.0 will be able to reduce costs and the transaction speed will increase significantly, but because until now what has been waiting for has not been able to be used, does it seem that there are problems that cannot be resolved or are they waiting just momentum? only they know. but theoretically indeed with the price of ethereum which is already high and will continue to increase there will always be obstacles with costs, but hopefully what they informtion say is true.
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I believe that the main reason behind the launch of Ethereum's version 2.0 is to tackling the unending scalability issues associated with the blockchain and causing it a serious setback. ETH network is slow and quite expensive, this has led to the fork of the blockchain by various companies such as Binance Smart Chain and Polygon among do many others.
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Ethereum 2.0 is an upgrade to the Ethereum blockchain. The upgrade aims to increase the speed, efficiency and scalability of the Ethereum network so that it can process more transactions and reduce bottlenecks. Ethereum's network fees will also be reduced after a complete upgrade.
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Everyone hopes that one of the most important and most eagerly awaited with the launch of Ethereum 2.0 is the suppression of Ethereum transaction fees which can be cheaper. So far, we haven't been able to see this perfectly, but I believe Ethereum is still working hard to reduce the cost of GAS ETH which is cheaper than ever. We are waiting for the time, where the presence of the launch of Ethereum 2.0 can provide us with great benefits.
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After the implementation of ethereum 2.0, its transaction will be fast, and the transaction fee will also be very less.
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Ethereum 2.0 aims to address the current high gas fee issue, however Beachonchan has not yet been used and we are still seeing high gas fees for each transaction.
Beachon chain doesn't seem to be fully integrated with the 1.0 chain, because until now ETH 2.0 has not been used, I'm afraid that when the price of ETH continues to rise and ETH 2.0 cannot be used, investors will switch to using other coins for investment or transactions.
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this is an improvement and innovation in the Ethereum blockchain network, in order to increase the speed of the Ethereum network scalability reducing congestion constraints so as to be able to process more transactions and be able to reduce transaction costs
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We hope that ETH2.0 will better serve users with high speed and very cheap transaction fees. Decentralization is also an issue that concerns me when POS is used. Also, I don't want Ethereum 2.0 to become Solana 2.0 with many fatal bugs.
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Although Ethereum's price has risen, the transaction fee has not increased much, despite being the second most popular coin in the cryptocurrency.Despite the popularity of Ethereum Price, it has become less popular due to the transaction fee but it is more necessary to return the transaction.
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We hope that ETH2.0 will better serve users with high speed and very cheap transaction fees. Decentralization is also an issue that concerns me when POS is used. Also, I don't want Ethereum 2.0 to become Solana 2.0 with many fatal bugs.
maybe that's what is expected from the emergence of eth2.0, there will be significant changes which have been waited for a long time, although it is possible that when it is used, there will be problems that we don't know yet. but hopefully all that does not happen and according to the expectations and information they have provided.
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Ethereum 2.0 Serenity and E.T.H b said that Ethereum we trade with each other. Although Ethereum 2.0 has a low price. But its gauging fee is also cheap. Due to which its transactions are more. which are published in small groups. Hence it is easily available. Blockchain, therefore, took an easier route. Betting on Ethereum is easy. And it has good benefits.
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Ethereum 2.0 is more potential than old.
That's the fact.
But Unfortunately Ethereum 2.0 didn't solve their problem , high gas fee
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Ethereum 2.0 is more potential than old.
That's the fact.
But Unfortunately Ethereum 2.0 didn't solve their problem , high gas fee
it seems that according to the statement they give to crypto users which will cut time and high costs, but the reality has not been proven because not all eth2.0 has been properly released. so it does take patience but it looks like now there has been a change even though it is not significant from the high cost. Of course we hope that there will be a significant settlement of the high fees although it will probably be difficult if the price of ethereum is already high.
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I believe that the main reason behind the launch of Ethereum's version 2.0 is to tackling the unending scalability issues associated with the blockchain and causing it a serious setback. ETH network is slow and quite expensive, this has led to the fork of the blockchain by various companies such as Binance Smart Chain and Polygon among do many others.
You right .
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Vitalik Buterin Is Ready to Burn Validators’ Stakes via Social Consensus If They Tolerate Censorship
This is incredibly dangerous for those who stake with pools on large exchanges, especially a publicly traded one like Coinbase who are required to comply with rules and regulations. I've been very hesitant to trust this POS merge and this is another reason.
For a man who is completely for decentralized finance, he sure does seem to want to be centralizing it into his own vision.
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Ethereum 2.0 mean Proof of stake. Proof of stake is just the recreation of the current system we have now. Rich getting richer. The more coins you own the higher the chance you have at validating the next block chain, thus the more coins you have the more money you get. Combine the knowledge that all of the proof of stake projects had huge pre mines by insiders and the team. And we haven’t even got into governance.
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From some point of view, it's very good when you will be counted on how many coins you have in your wallet, it turns out that you invest in a long-term investment only still receive dividends.
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with current news that release , ethereum will be the next thing in layer 1 chain competition. Alot developers team will back to this chain and ofcourse will create new demand to ethereum. If we see market recovery , i am believe ethereum will be the leader all of this. Since few days ago we see the strengthness of eth as major altcoin and hopefully it could continue