[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 46 KB, 640x636, 10151392_10152292173481112_4908269654763911449_n.jpg [View same] [iqdb] [saucenao] [google]
12097758 No.12097758 [Reply] [Original]

Can ethereum scale enough in the future to be used worldwide ?

I'm not talking about 2.0 but future upgrades.

I

>> No.12097776

>>12097758
Nobody knows. If anyone knew the definite answer they'd either be accumulating as much Ethereum as they can for proof of stake, or heding their bets/ dumping it.

>> No.12097854

Sidechains, Oracles and exchange protocols can help shoulder the burden with their own computations and databases, not every last transaction needs to be run directly on Ethereum.

>> No.12097927

>>12097758
Vitalik thinks sharding is enough, as you can increase number of shards
>Actually, one corollary of this whole architecture is that we may never need anything more than quadratic sharding for base layer scaling. We can just add as many shards as we want, increase inter-crosslink times to keep base-chain load acceptable, and keep the developer experience good with layer 2 techniques like this. So if this strategy pans out, it's very early to say but it's possible that Serenity-style hub-and-spoke chains could be a kind of "end of history" for scalable blockchain design.

https://www.reddit.com/r/ethereum/comments/a3qj68/comment/ebagq5u

>> No.12097927,1 [INTERNAL] 

>>12097854
considering the miners dictate throughput (gas)
I suppose staking node operators will have that same power if ETH ever gets there
they have lost control over the node requirements

so in ETH you will inevitably trust a miner/data center or the equivalent because the game theory trends to the most well equipped voting for the most throughput resulting in the most fees acquired per block or staking round

>> No.12097927,2 [INTERNAL] 

so will it scale?
maybe/maybe not
will it be decentralized
no

so it doesn't matter if it can scale or not

>> No.12098076

>>12097927
>>12097854
thx mates

>> No.12098095

>>12097927
>>12097927
This is actually sick as fuck, ETH might have an even larger speculative run than bitcoin next time around. I've been looking into ETH 2.0 and it's the real deal, unlimited scaling and unprecedented decentralization (up to 300,000 validating nodes staking 32 ETH)

>> No.12098867
File: 256 KB, 958x1434, 4356AA89-7CFA-4A21-9DA9-6010F4ED2F02.jpg [View same] [iqdb] [saucenao] [google]
12098867

>>12098095
I was thinking about buying 32 just for staking. Is there going to be a return on investment?

>> No.12098874

>>12097758
Yes but it will be zk-starks

>> No.12098913

Dont worry man. Its getting lightning network in the form of Raiden! Its totally the best chance of scaling! Your money might vanish randomly though so watch out for that. Otherwise if you are cool with losing money sometimes its one of the best things ever!

>> No.12099343

>>12098874
Snarks*

>> No.12099393

>>12099343
That’s current tech

>> No.12099426

Of course it can scales, there are multiple solutions being tested. Give it a year or two.

>> No.12099463

>>12098874
It is Jon Snow that is Zero Knowledge, not the Starks

>> No.12099509

>>12098095
Ether had a bigger speculative run last time, retard. It over 100xd vs 20x for BTC. Ethereum is actually at a fair market value right now.

>> No.12099520

>>12097758
Yes, their goal is a global horizontal scaling immutable computer.

>> No.12099670

Any reason not to DCA into eth?

>> No.12099698

>>12099520
what is the purpose of the eth token

>> No.12099772

>>12099670
Unironically no. Just plan to hold for 1-2 years.

>> No.12099891

>>12099698
Payment for execution and interaction of smart contracts, staking, and currency universal to all smart contracts

>> No.12099976

>>12099891
It seems chainlink and eth compliment eachother very well.

>> No.12099988

>>12099976
Well yeah, chainlink is built on ethereum

>> No.12100004

>>12099988
No i mean the usecases... eth is the platform, chainlink is the link to real world data to make smart contract adoption a real possibility.