/biz/ - Business & Finance

>>23494057
It's already the biggest project with the most momentum. Why do you think yahoo is still making over a billion dollars every year even though google surpassed them 20 years ago?

>>23494099
Yahoo closed all they're groups, they're in the verge of bankruptcy, DYR

Uhhhh because the number of engineer who care that it continues to work is higher than for any other crypto project and that’s been the case for years now. That’s really all that matters re: a blockchain working.

Fine with me if you’re rooting for your little ethkiller bags, but even your poor little baggy would be better off if eth 2.0 worked and continued to support such a massive ecosystem of assets. Don’t kid yourself, anon.

Early Eth team has already come back once from a very bad and early exploit and it is thriving now. You sound like the type of person who shorts AAPL when they see a Forbes article saying there are problems with iphone 12. But it’s not a product from a company, this is the most important blockchain on the planet.

>>23494057
it won't. the staking mechanics are a total shitshow with retarded slashing and vitalik already coming out admitting that phase 2 is MULTIPLE FUCKING YEARS away, and now he is shilling for never vompleting ETH 2 and stopping at phase 1.5. next there will be more retractions. eth is a shitshow

>>23494347
you have to go back

>>23494057
It won't

>>23494179
Good! Fuck Yahoo! so hard.

>>23494501
>>23494523
>Ethereum is one static thing, the new version will not work and there will be no way to fix anything that goes wrong over the multiyear rollout, I better whine about it on /biz/

Good luck, frens.

>>23494057
The binance smart chain is basically ETH 2.0 (validators) and it is pretty cheap and fast

>>23494577
This nigger is retarded

God help us

>>23494575
>refutation not found
the absolute state

>>23494057
It probably won't.

Tomo is a genuine competitor.

ETH is pure spaghetti code. ETH was without a doubt a great idea; I will not deny that at all. However, most people in crypto don't have the comprehension or knowledge to be able and look at the code-base and identify flaws that could be catastrophic, both in terms of economic, security, and overall functioning in cost signals.

Vitalik is smart. However, he's the most retarded smart person in all of crypto. He's a fucking child who doesn't own up to his inability to produce a creation and has longevity. Him and his cronies wrote shitty-ass code. It can't scale. The only way it can scale is constant upgrades each time they feel things are getting congested. This is where the problem lies. It is impossible for ETH to implement a scaling solution to where it doesn't need upgrades anymore. For ETH to work, it will need constant upgrades of ETH 2.0, 3.0, 4.0, so on and so forth for an indefinite amount of time - just kicking the can down the road. Off-chain scaling won't work either because ETH's security is already shit on a stick. Making something more complicated that is already a piece of shit is 100% pointless. People can never steadily develop something on ETH because with each 'scaling upgrade', those who are creating on ETH will have to pivot each time to ensure their product is compatible to work on ETH. To sum it up, each time ETH decides to upgrade to scale, it just gets worse.

For ETH to work to the level needed, the amount of ETH in ever single wallet needs to be known after each transaction. Since ETH cannot implement SPV, it's impossible for ETH to scale because it does not have the capabilities to know the exact amount of ETH in every single ETH wallet after each transaction at a massive scale.

The only way to permanently fix ETH would be to roll back the chain to the beginning almost. Vitalik is just your average Russian retard who can't produce anything of value

>>23494347
Christ, imagine believing this