ETHEREUM 2.0 TESTNET FAILED

[tonymillions84]

A new circulating on telegram social media platform claimed that ethereum 2.0 testnet failed. due to bot reasons. expectations of ethereum bull raise was dependent on new ethereum 2.0 launch. regarding the failed situation, will this effect ethereum market price. there is a current surge on ethereum usage and holders are enjoying the massive bull run.

[MrSpasybo]

I have heard of this, but as far as I know the error occurs due to the timing issue of clients inside the Ethereum network. This is not a huge problem and I think Ethereum's #DevelopmentTeam  can completely fix it and ensure the Mainnet is launched stably and efficiently.
The current ETH price is also stable at $430, there is no sign of decline due to this information, which proves the value of Testnet remains the same. The crypto community has the right to trust Vitalik Buterin & his teammates.

[jacaf01]

I don't think there is any thing to worry about here, the testnet was designed for this for them to be able to find out the any bugs in the system. I have a feeling the launch would be postponed till next year, this launch is very important to Ethreum and they must get this right so they need to take their time

[Absolutep]

With or without Ethereum 2.0, the price will still surge as we approach the bull run. Whatever be the problem will surely be  sorted out winner than expected. I don't see that affecting the price of ethereum especially with the trend of Defi projects.

[Prime]

Why do we need to worry about this? It is still in testnet, right? Just wait for the next development and let's see what's happening. I think worrying about this and claim that Etehereum 2.0 failed, is too early. We are better to keep trading and investing in Ethereum as usual, don't need to change everything. 

[Cryptoz]

NO. Don't worry about this situation. The improvement of Ethereum 2.0 is ongoing. So let the team make it finishes first before we claim anything. I think we are too afraid and expect too much on Ethereum 2.0. Personally, Ethereum 2.0 is a good thing but basically no significant change.

[Fenix]

With or without Ethereum 2.0, the price will still surge as we approach the bull run. Whatever be the problem will surely be  sorted out winner than expected. I don't see that affecting the price of ethereum especially with the trend of Defi projects.

We see that the situation with the used ethereum network has become very complicated due to the sharply increased transaction fees. It makes sense to worry about this, since many new projects are now switching or choosing other platforms for this very reason. We need to implement the Ethereum 2.0 improvements as quickly as possible, which we have been expecting for a very long time.

[Fivestar4everMVP]

With or without Ethereum 2.0, the price will still surge as we approach the bull run. Whatever be the problem will surely be  sorted out winner than expected. I don't see that affecting the price of ethereum especially with the trend of Defi projects.

We see that the situation with the used ethereum network has become very complicated due to the sharply increased transaction fees. It makes sense to worry about this, since many new projects are now switching or choosing other platforms for this very reason. We need to implement the Ethereum 2.0 improvements as quickly as possible, which we have been expecting for a very long time.

I totally agree with you, ethereum is loved by many and its the most efficient blockchain to build tokens for your project, i personally know that the #DevelopmentTeam  won't allow it ethereum fail but it shouldnt take too long before they fix the issues ethereum is currently experiencing

[comer]

if the first try is a failure then they just need to relaunch. I don't think it would greatly damage the ethereum blockchain because of this failure. we'll as we see the price of eth in the market is stabilize in between $300 - $400 so no need to worry about.

[vegasus]

It is still testnet. It is so normal when something is tested and then failed, isn't it? That is why they need to make telnet in order to make everything run well at the launch. I think that it will not matter for eth holder for this case. Once we trust the team, it will be okay. just wait for them.

[ShadowCrypto]

Let's wait for an official announcement, if this info is true, be prepared for a huge dump of ETH, price has gone up a lot due to the possibility of ETH 2.0 this year, time to keep an eye in the official infos.

[hair]

I think it takes time ETH 2.0 to prove the technology, Tested is a trial period, whether it works or fails. I am sure the #DevelopmentTeam  has found a solution to this problem, I am looking forward to developing the mainnet version of ETH 2.0

[Black ID]

Even though there are many who have put their hopes in ethereum 2.0. However, this news is quite disappointing. No wonder, of course, the ethereum price will decline soon.

[wawan96]

I'm really not too concerned with ethereum 2.0 if all there is no solution on fee-gas it was all pretty useless I always hope that if the gas price ethereum can remain stable and have a maximum level of gas that can be used ethereum 2.0 is actually must be a solution to problems ethereum because if no solution could be the future investors will switch to another platform.

[Rain075]

Although the price of Etherium has gone up since the launch of Etherium 2.0 Test Net, Etherium is now at a stage where it can be said that it is good or bad.  The Ethereum transaction fee has been increased 100 times.  This is failing various investors and traders.