Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: Sanmoon on September 28, 2020, 12:51:44 PM
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As we know that eth have no market cap / Unlimited supply.
But in December eth release 2.0 version which have staking reward , So eth mining will end after release it and it will be continue unlimited supply for eth after release this new version?
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As we know that eth have no market cap / Unlimited supply.
According to CoinMarketCap:
Eth Market Cap: 40.99 Billion
Eth Supply: 112.79 Million
It wasn't zero my friend.
Anyway, if you are referring to eth 2.0 the supply expected to be somewhere between 100,000 or 2 Million per year.
https://www.google.com/amp/s/cointelegraph.com/news/eth-20-issuance-will-be-2-million-a-year-at-most-says-vitalik/amp
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ethereum 2.0 is delayed until the beginning of next year says by their project researcher. but vitalik the creator of ethereum disagree to the announcement. Let's just wait what will happen next... I think it should be launch somewhere in March but it just delayed for some reasons.
you may find out more on below.
https://www.google.com/amp/s/blockchain.news/postamp%3fid=ethereum-2-developer-says-phase-0-delayed-until-2021-vitalik-buterin-disagrees
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The launch of the Ethereum 2.0 test net has caused a lot of damage to the Ethereum platform. With the update of the Ethereum Test Net 2.0 platform, its transaction fee has increased so much that if a token is to be transferred, a transaction fee of 20 to 30 30 has to be paid. This is confusing ordinary people like us and big people. They have to pay millions of dollars for this transaction fee so they can't send any tokens. Please reduce the transaction fee a lot. However, people will start investing and transferring to this platform as before.
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The time to implement Ethereum 2.0 improvements is constantly changing. I heard that this will have to happen in October - November, it has already been written here that in December and even at the beginning of next year. In case of a problem with high transaction fees in the ethereum network, even two or three months is already a very long time.
From Ethereum 2.0 improvements. I am primarily looking forward to an increase in ethereum scalability.
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I learned that ethereum 2.0 will be launched later this year. But not in December. That will be in October. So I think there's a lot of disagreement and a lot of people saying that could start early next year. This is expected to change when ethere 2.0 is launched. Because at present users are annoyed for ethereum gas fee. Many changes are expected in the market and everyone is waiting for 2.0. It is unknown at this time what he will do after leaving the post.
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The price of this ethereum is likely to go up after the release of ethereum 2.0. If ethereum does not grow, the problem of transaction fee or gas fee will be eliminated. Because the fee is more than the fee for other coin transactions. So I think the price is likely to go up a lot after the release of eth 2.0. The problem of gas fee will be solved.
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I am more concerned with the Ethereum network than token capitalization and value.
Here's what I expected:
+Transaction speed: 1000-3000 tps
+Transaction cost: 1 cent/transaction
+ Congestion solved
+ POS brings higher decentralization
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No one knows the exact launch date of Eth2.0, but I am now worried about something else - information appears on the network about the manipulation of the contents of blocks by Eth miners. We are talking about MEV and there was talk of possible collusion between pool operators. Corruption appears already on the blockchain.
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If Ethereum 2.0 platform will launch then we can overcome from high transactions Ethereum gas fees. We all now don't transfer Erc20 assets due to the Ethereum transaction high gas fees. As a result we can't get any payments from bounty campaigns.
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If Ethereum 2.0 platform will launch then we can overcome from high transactions Ethereum gas fees. We all now don't transfer Erc20 assets due to the Ethereum transaction high gas fees. As a result we can't get any payments from bounty campaigns.
I agree with you. Ethereum 2.0 upgrade will decrease transaction fees and few other facilities but mostly needed decrease in transaction fees. For high fees, we are totally stopped in ERC20 tokens transaction and migrating to TRC20 transaction. Maximum bounty payments already stopped due to high fees.
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Nobody knows what will happen after Ethereum 2.0 is released, because this cryptocurrency is very difficult to guess. But the hope of everyone, including the owner of Ethereum Vittalik, of course after the release of Ethereum 2.0 later this can bring better Ethereum, more expensive prices, cheaper Fee / GAS, faster transactions and more.
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After the release of Ethereum 2.0, the gas fee may be reduced a bit. As a result, bounty and other types of work will benefit. Because when the gas fee is low, they will make the payment. Because many payments are stuck for the high price of gas free. Which they cannot do. Because it is going to cost a lot more. So I think if the gas fee goes down a bit after erhereum 2.0 Then many will benefit and the transaction will increase even more.
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I learned that ethereum 2.0 will be launched later this year. But not in December. That will be in October. So I think there's a lot of disagreement and a lot of people saying that could start early next year. This is expected to change when ethere 2.0 is launched. Because at present users are annoyed for ethereum gas fee. Many changes are expected in the market and everyone is waiting for 2.0. It is unknown at this time what he will do after leaving the post.
I agree with you mate. The first time it was said that Ethereum 2.0 will happen August, that already ended and now it is being said late in this year. Already present users are annoyed with gas fees and many users stopped ethereum network transaction by migrating TRON, Ripple or Steller network. I have already stopped small amount transaction and if this delay continues, i am sure this annoying situation will decrease its popularity soon.
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Many people have high hopes for ethereum 2.0. I think that ethereum 2.0 can be a solution to the problem of gas fees that are so high that they can return to normal as before. And with the existence of ethereum 2.0, it is hoped that ethereum will be better. I myself can't wait for the release of ethereum 2.0.
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The zero phase will appear in six weeks, opening up opportunities for earning anyone who wants to become a validator, you can become a network validator by pre-betting 32 ETH, but if the node leaves the network, the miner will be penalized in the form of losing 32 ETH.
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The zero phase will appear in six weeks, opening up opportunities for earning anyone who wants to become a validator, you can become a network validator by pre-betting 32 ETH, but if the node leaves the network, the miner will be penalized in the form of losing 32 ETH.
Is this one of the phases that happened after ETH 2.0 was released? it means the miner must work hard so as not to get a penalized. 32 ETH? it so many
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After the release of ethereum 2.0 ethereum gas fees will be reduced I hope the scalability issues will be fixed in the ethereum 2.0 version after that ethereum transaction speed will be increased so the price of ethereum will increase again next year ethereum price will hit new high.
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Somewhere there is a roadmap for updating Ether 2.0, where everything is described in detail when this update will be and what will happen to the platform. After updating the Ether, he should feel 100%.
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We know that ethereum is the best valuable currency in the cryptocurrency market. We also know that it's popularity will increase day by day. But in this moment we can see that ethereum 2.0 version is release. So we can see that it's network is very prefer and strong. I believed that gradually it's popularity will increase quickly. So I told that after release ethereum 2.0 version it's will be very acceptable for us.
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the initial plan for the launch of ethereum 2.0 was supposed to make the cost of ethereum network gas cheaper but it turned out to be all fake, the cost of ethereum gas is currently increasing and becoming so expensive that it can be said that ethereum is a failed product.
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Etherum 2.0 could be a huge game changer with neglible fees in the magnitude of polygon transaction fees could bring ETH ecosystem to a new era of growth and prosperity i am anxiously awaiting for the transition and i am certain that i am not the only one even if it would be to move some tokens to the exchange not paying 25 usd in fees
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The purpose of Ethereum 2.0 is to solve the scalability problem that is currently occurring, the gas transaction fees that continue to increase make ethereum developers create a Beacon chain, that means this chain was created to overcome the current problems, but this chain is still unfinished and still in progress development, because of that all the goals of the developer are immediately achieved and the gas fee price is low.
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the initial plan for the launch of ethereum 2.0 was supposed to make the cost of ethereum network gas cheaper but it turned out to be all fake, the cost of ethereum gas is currently increasing and becoming so expensive that it can be said that ethereum is a failed product.
We should not give up hope, Ethereum 2.0 is not yet fully launched. Hopefully, in the future, the cost of ETH Gas will be cheaper, like it used to be. This is indeed a big problem, not only you but almost everyone here.
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the initial plan for the launch of ethereum 2.0 was supposed to make the cost of ethereum network gas cheaper but it turned out to be all fake, the cost of ethereum gas is currently increasing and becoming so expensive that it can be said that ethereum is a failed product.
We should not give up hope, Ethereum 2.0 is not yet fully launched. Hopefully, in the future, the cost of ETH Gas will be cheaper, like it used to be. This is indeed a big problem, not only you but almost everyone here.
I think ethereum 2.0 has been fully launched and there is no hope anymore with the very high cost of gas from ethereum, one way to make gas costs go down is the collapse of the price of ethereum, when the selling value of ethereum drops it will make the gas exchange rate used also follow down.
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As we know that eth have no market cap / Unlimited supply.
But in December eth release 2.0 version which have staking reward , So eth mining will end after release it and it will be continue unlimited supply for eth after release this new version?
Ethereum 2.0 has launched, but I think didn't have good solution for expensive gas fee.
Many people hope ETH 2.0 will solve the Ethereum classic problem.
But not yet
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Something is very often said about this update, but in fact nothing happens, I'm already tired of paying huge commissions on this network, and I just don't use ETH anymore, the more often they postpone the update, the worse it affects the ETH rate and the project as a whole.
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I hope that with the POW to POS update we will see Ethereum with higher tps, cheaper transaction fees. Then DeFi & GameFi on Ethereum will explode and bring the entire crypto market into a new bullrun.
ETH will reach 10K thanks for this update.
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As we know that eth have no market cap / Unlimited supply.
But in December eth release 2.0 version which have staking reward , So eth mining will end after release it and it will be continue unlimited supply for eth after release this new version?
I think after Ethereum 2.0 launch didn't effect and didn't solve the high gas fee.
I personally hope this problem will solve, but not yet.
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As we know that eth have no market cap / Unlimited supply.
But in December eth release 2.0 version which have staking reward , So eth mining will end after release it and it will be continue unlimited supply for eth after release this new version?
I have seen many investors believe Ethereum 2.0 will solve expensive has fee
Wait until Ethereum 2.0 launched completely.
Hopefully it can
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I am 100% sure after the POS update, Ethereum will become even more popular, because there will be no horse commissions, even with such a high base as it is now, Ethereum has become TOP 2 in the world of cryptocurrency, after the update, I think it will become a new step in its popularity and pricing. Of course, miners can suffer in this, but that's another story...
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I am 100% sure after the POS update, Ethereum will become even more popular, because there will be no horse commissions, even with such a high base as it is now, Ethereum has become TOP 2 in the world of cryptocurrency, after the update, I think it will become a new step in its popularity and pricing. Of course, miners can suffer in this, but that's another story...
really ? until now I see Ethereum didn't have good progress to solve high gas fee
After Ethereum 2.0 lhas been aunched, we still face expensive gas fee.
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I am 100% sure after the POS update, Ethereum will become even more popular, because there will be no horse commissions, even with such a high base as it is now, Ethereum has become TOP 2 in the world of cryptocurrency, after the update, I think it will become a new step in its popularity and pricing. Of course, miners can suffer in this, but that's another story...
really ? until now I see Ethereum didn't have good progress to solve high gas fee
After Ethereum 2.0 lhas been aunched, we still face expensive gas fee.
Keep calm mate, maybe Ethereum 2.0 hasn't launched completely, I think team still improve their new project.
Hopefully It will be good solution.
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I don’t think ETH 2.0 will happen. It’s completely dead.
Vitalik himself decided to rebrand it to “consensus layer” instead.
Check the source here: https://decrypt.co/91149/ethereum-foundation-kills-eth-2-consensus-layer-rebrand (https://decrypt.co/91149/ethereum-foundation-kills-eth-2-consensus-layer-rebrand)
It’s more of a network upgrade rather than making it a whole new network. So this is going to be an interesting turn of events for us who are holding, trading and mining some Ethereum.
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I don’t think ETH 2.0 will happen. It’s completely dead.
Vitalik himself decided to rebrand it to “consensus layer” instead.
Check the source here: https://decrypt.co/91149/ethereum-foundation-kills-eth-2-consensus-layer-rebrand (https://decrypt.co/91149/ethereum-foundation-kills-eth-2-consensus-layer-rebrand)
It’s more of a network upgrade rather than making it a whole new network. So this is going to be an interesting turn of events for us who are holding, trading and mining some Ethereum.
I think Ethereum 2.0 didn't have good effect for Ethereum.
Vitalic should rethink their improvement.
Because We all know, the primary problem is expensive gas fee.
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I don’t think ETH 2.0 will happen. It’s completely dead.
Vitalik himself decided to rebrand it to “consensus layer” instead.
Check the source here: https://decrypt.co/91149/ethereum-foundation-kills-eth-2-consensus-layer-rebrand (https://decrypt.co/91149/ethereum-foundation-kills-eth-2-consensus-layer-rebrand)
It’s more of a network upgrade rather than making it a whole new network. So this is going to be an interesting turn of events for us who are holding, trading and mining some Ethereum.
I think Ethereum 2.0 didn't have good effect for Ethereum.
Vitalic should rethink their improvement.
Because We all know, the primary problem is expensive gas fee.
Yeah, You're right.
Ethereum 2.0 has launched but didn't big effect to solve high gas fee problem.
But we must wait for one or two years again, Maybe vitalic has other solution for Ethereum problem, before Ethereum will be leaves by many projects.
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As we know that eth have no market cap / Unlimited supply.
But in December eth release 2.0 version which have staking reward , So eth mining will end after release it and it will be continue unlimited supply for eth after release this new version?
No good effect after Ethereum 2.0.has launched.
That's the fact
I have read many investors annoyed about high transaction fee
Maybe As my friends said, this problem will never be solved until the projects will migrate to other smart contract platform.
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There is no good news yet because so far Ethereum 2.0 is showing its spurs and I see the Ethereum shipping fee really feels very expensive, especially when we try to send tokens from ERC20 and it really feels very expensive.
Maybe later after 2023 Ethereum 2.0 will give a positive image and of course also if that is true then Ethereum will definitely become a dream coin for all communities.
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As we know that eth have no market cap / Unlimited supply.
But in December eth release 2.0 version which have staking reward , So eth mining will end after release it and it will be continue unlimited supply for eth after release this new version?
Ethereum 2.0 has launched, but just have fastly transaction effect
Not reduce expensive gas fee. But we should wait until the dev will have good solution for this problem.
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Ethereum 2.0 has launched, but just have fastly transaction effect
Not reduce expensive gas fee. But we should wait until the dev will have good solution for this problem.
You're right, this is what we can see inside Ethereum right now. Transaction speed is increasing but gas costs are not going down, It seems that what many people desire for the launch of Ethereum 2.0 will not be what we all expected.
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Maybe the full Ether update hasn't come yet, when they finish their platform update, the transaction should decrease. Of course, we will see this after the Ether updates its platform, how long they have left before the platform is fully updated.
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Indeed, this type of Ethereum coin will continue to have unlimited supply because it has been set from the start for Ethereum, thus creating something very unique for Ethereum so that it can continue to have a large market cap and friendly prices.
Suppose, for example, that Ethereum has a supply of around 200 million, then maybe now the price of Ethereum has felt very high and this will prove that Ethereum's GAS costs will be even more expensive.
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Ethereum 2.0 has launched, but just have fastly transaction effect
Not reduce expensive gas fee. But we should wait until the dev will have good solution for this problem.
I also think the same as you, guys. The gas fee is still expensive, which means there is no effect at all. I suspect Vitalik doesn't focus on decreasing the gas fee price on ETH 2.0. He only wants to make a faster transaction on the Ethereum chain. However, if he doesn't care about the gas fee, people will leave Ethereum chain gradually. People have some alternatives right now, they will move to cheaper transaction fees on other platforms.
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As we know that eth have no market cap / Unlimited supply.
But in December eth release 2.0 version which have staking reward , So eth mining will end after release it and it will be continue unlimited supply for eth after release this new version?
Ethereum 2.0 has released and It make Ethereum transaction faster.
But didn't effect to reduce gas fee .
I think many people wait the Ethereum dev to solve gas fee problem.
But we didn't, it will be.
Hopefully when Ethereum 2.0 launched completely, gas fee will be more low.
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Not much has happened as a result of Ethereum's ability to change to ETH2.0 because everyone can feel the same way when they already own Ethereum and this is really sad because the transaction fees are so expensive.
Believe it or not, when we have Ethereum, we definitely love it without having to send or enter the DEX because the transaction fees are so expensive and Ethereum is better for staking or dividends on various well-known exchanges like Binance Exchange.
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There is no significant thing happening although ETH 2.0 was created already. I don't know what's happening, but the price of gas fee is still expensive and we still have difficulties sending our ETH-based tokens. I think the team of Ethereum platform needs to think again about the solution of gas fees. We already experienced it too long, people are very unsatisfied with this problem. People may move to another platform if there is no solution.
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There is no significant thing happening although ETH 2.0 was created already. I don't know what's happening, but the price of gas fee is still expensive and we still have difficulties sending our ETH-based tokens. I think the team of Ethereum platform needs to think again about the solution of gas fees. We already experienced it too long, people are very unsatisfied with this problem. People may move to another platform if there is no solution.
I think almost all people complaint about expensive has fee and Ethereum 2.0 didn't good affect after launched.
It will make Ethereum belong leaved by many people.
Ethereum will be replaced by alternate smart contract platform, such as BSC, TRC20 , solana etc
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Most in all forums want Eth2.0 to have a positive effect in reducing GAS fees for sending Ethereum coins which can reach 1-5 gwei but in fact this value cannot be carried out because the gwei fee is very high for now and can be checked dEtherscan.
Maybe we have to be patient again for all of us to see the Ethereum GAS fee of around 1-5 gwei because in my opinion it will be very difficult to reduce the GAS considering the need for Ethereum transactions is increasing day by day.
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Most in all forums want Eth2.0 to have a positive effect in reducing GAS fees for sending Ethereum coins which can reach 1-5 gwei but in fact this value cannot be carried out because the gwei fee is very high for now and can be checked dEtherscan.
Maybe we have to be patient again for all of us to see the Ethereum GAS fee of around 1-5 gwei because in my opinion it will be very difficult to reduce the GAS considering the need for Ethereum transactions is increasing day by day.
Ethereum 2.0 is more focused on transaction speed, that's what I've seen so far. However, because of the high price of Gas Eth, many people hope that the presence of Ethereum 2.0 can be a solution. However, the Ethereum Platform is a platform that has very high data traffic, so it is the people themselves who install high Gas so that their transactions can be quickly confirmed.
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Most in all forums want Eth2.0 to have a positive effect in reducing GAS fees for sending Ethereum coins which can reach 1-5 gwei but in fact this value cannot be carried out because the gwei fee is very high for now and can be checked dEtherscan.
Maybe we have to be patient again for all of us to see the Ethereum GAS fee of around 1-5 gwei because in my opinion it will be very difficult to reduce the GAS considering the need for Ethereum transactions is increasing day by day.
Ethereum 2.0 is more focused on transaction speed, that's what I've seen so far. However, because of the high price of Gas Eth, many people hope that the presence of Ethereum 2.0 can be a solution. However, the Ethereum Platform is a platform that has very high data traffic, so it is the people themselves who install high Gas so that their transactions can be quickly confirmed.
Yeah, Ethereum 2.0 is faster transaction but still expensive transaction fee.
It makes us suffering and many investors disappointed to Ethereum platform.
It will happen until when ?? waiting Ethereum 2.0 launched completely, Really ??
or just a sweet promise..
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Ethereum transaction speed and price will increase slowly, Ethereum 2.0 is also expected to be able to reduce Ethereum transaction fees which are currently very high.
I am optimistic that with the presence of Ethereum 2.0 later, this coin will be more popular and become very strong with a larger community.
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Ethereum 2.0 has provided good things so that it is able to increase the price of Ethereum itself to the current price which has reached the latest All Time High value.
Even though it has provided the latest and highest price, Ethereum 2.0 is not able to reduce the cost of GAS and it is very sad and of course I also feel very sad.
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The Ethereum 2.0 update only applies to transaction speed or you can say (Time Per Second) TPS sending Ethereum coins.
For example, if in the past Ethereum was only able to send 5 ETH in 1 second, now it can reach 500 ETH in 1 time and this is pretty good for arbitration.
I am also still confused that Ethereum is not able to reduce ETH sending fees and it really bothers me for transactions between wallets using the Ethereum blockchain.
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What I expect after Ethereum 2.0 is fully released is the price increase of Ethereum which is much higher than now and the second is that the transaction fees of Ethereum and ERC20 based tokens can be cheaper than now. Because of the high transaction fees in this, it has really become a big problem.
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What I expect after Ethereum 2.0 is fully released is the price increase of Ethereum which is much higher than now and the second is that the transaction fees of Ethereum and ERC20 based tokens can be cheaper than now. Because of the high transaction fees in this, it has really become a big problem.
That's right, my friend, the erc20 fee has not been suppressed so far, so many competitors have emerged with cheaper transaction fees. Of course this can be very worrying if it drags on too long, although many find it difficult not to use it.
If you look at the information circulating about eth2.0 which will be launched which will provide better speed and lower transaction fees, it is clear that this is the desire of all who have been waiting for this need for a long time.
but it takes patience to really be launched perfectly.
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Everybody expects the price to go up, of course. But you never know what shady interests take hold.
I guess they are also delaying waiting for a proper bullish moment and for clarifications on the new crypto regulations - there might impact the market drastically.
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As we know that eth has no market cap / Unlimited supply.
But in December eth released the 2.0 version which has a staking reward, So eth mining will end after release it and it will continue unlimited supply for eth after releasing this new version?
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When it is released, It will increase its value and also gas fees will likely be reduced drastically and it will gain more many users. Ethereum has a great future.
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Everybody expects the price to go up, of course. But you never know what shady interests take hold.
I guess they are also delaying waiting for a proper bullish moment and for clarifications on the new crypto regulations - there might impact the market drastically.
Current market is bearish, I think almost all of coins are struggling now.
I agree with you, it's good time to buy and hold.
Better hold than cut loss now.
Because many investors predict crypto price will soar at the next year.
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Many people have high hopes for ethereum 2.0. I think that ethereum 2.0 can be a solution to the problem of gas fees that are so high that they can return to normal as before. And with the existence of ethereum 2.0, it is hoped that ethereum will be better. I myself can't wait for the release of ethereum 2.0.
you're right, I agree with you , many people have high hope to Ethereum 2.0 can solve the high gas fee problem.
But until now, it never happen.
I think Ethereum didn't work seriously to solve this problem, I think ERC20 will be leaved soon.
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I hope that upgrading Ethereum to Etherum2.0 will be able to increase the speed of the Ethereum network in transactions, safe and environmentally friendly, most importantly gasfee costs can fall as before not as high as they are now.
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With version 2.0, Ethereum aims to be more salable, more secure and more sustainable. Once the full 2.0 upgrade begins, Ethereum holders and miners should have some exciting new features to use. And its transaction fee will also be reduced.
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I hope that upgrading Ethereum to Etherum2.0 will be able to increase the speed of the Ethereum network in transactions, safe and environmentally friendly, most importantly gasfee costs can fall as before not as high as they are now.
Of course, that's what we're waiting for, if it's been upgraded to eth2.0 and we can be sure there will be significant changes. if according to information from them, what you say is something we have been waiting for, the speed is better and what is clear is that the cost will be reduced, at least it can go back in time. So since it hasn't been done yet, we can only wait until now.