Anyone with a brain can see how it's impossible for Ethereum to stay the market leader

[Anonymous No.25799399]

They're now switching focus from state sharding to L2, Is this the tech we want to carry the whole space going toward during the most important years for adoption? We're very early, much earlier than historical flippening of market leaders, Ethereum just isn't future proof and can never be.

A fresh base is REQUIRED, Who would it be it's debatable, But i narrowed it down to 2 options.

[Anonymous No.25799422]

didnt read not selling

[Anonymous No.25799431]

>>25799399
>t. avax or cardano shill

[Anonymous No.25799453]

>>25799399
its algo or nothing

[Anonymous No.25799467]

>>25799399
Cope. The biggest and best team in crypto is the ethereum foundation. It's too big to fail.

[Anonymous No.25799468]

>>25799399
Fuck off

[Anonymous No.25799547]

>>25799399
Sharding a L2 are being worked on concurrently and they complement each other very well. Stop spreading baseless FUD.

[Anonymous No.25799566]

>12 years later
Bitcoin is proof inferior tech is unflippable
COPE

[Anonymous No.25799567]

>>25799399
yes, but not yet
eth will be flipped in 4 years
btc will be flipped in 8 years

[Anonymous No.25799593]

>>25799399
I agree, ETH is not longterm future of this space.

[Anonymous No.25799596]

>>25799399
and that's why you're a moron

[Anonymous No.25799719]

>>25799399
ETH may or not get its act together to compete with ADA, DOT, ALGO, AVAC, etc. But that's not going to matter much for this bull cycle. The right play is to move some of the profits you take from ETH and scale into those other projects as they continue to build momentum. It won't happen overnight.

[Anonymous No.25799858]

>>25799547
>Sharded L2

top kek that's exactly what i'm talking about

[Anonymous No.25800731]

>>25799422
Checked.

[Anonymous No.25800770]

>>25799399
It's impossible for any project to gain the same traction as Ethereum.

[Anonymous No.25800819]

>>25799399
if eth2.0 doesn't roll out with scaling fixed THIS YEAR. ADA will eat up a lot of the Marketshare. they havea ERC20 code converter. you copy pasta the smart contract into the converter and boom it is converted to ADA smart contract langauge (pluto/haskel). and you r ready to go.

Vitalika has a month left before the dumpening begins.

[Anonymous No.25800965]

>>25799399
> us tech illiterates on an investment forum for outcasts should discuss the finer points of state of the art computer science related to distributed systems.

[Anonymous No.25800972]

>>25800770

[Anonymous No.25801055]

>>25799399
What price did you sell at that you're now regretting, anon?

[Anonymous No.25801058]

>>25800965
>hey you tech illiterates, just use my centralized L2 solution

[Anonymous No.25801086]

why the fuck do I need eth to send from my wallet. and this shit is so congested holy fuck

[Anonymous No.25801176]

Its funny that ETH supporters are sounding more and more like BTC maxis by the day. ETH cant be flipped, first mover advantage, network effect makes it unflippable, most devs, most fees, etc.
I guess its yet to be seen how this will play out, but I do find it kinda funny.

[Anonymous No.25801271]

>>25801086
also as a poorfag I can't even be bothered to take my erc20 coins off exchanges. fuck the hood and their fees

[Anonymous No.25801281]

I'm trying to develop a crypto token and unironically considering only between ADA and DOT and I think more devs will make that shift soon (even though all the money is in ETH rugpulls now). We want to be able to scale infinitely and pay zero to no transaction fees so those are the two competing ecosystems with the infrastructure and the fundementals.

[Anonymous No.25801331]

>>25799399
I've bought SKL, Layer 2 elastic sidechains on Ethereal, investors including the Winklevii. Can't work out if I'm retarded or not.

[Anonymous No.25801378]

Everytime i hear ETH - i freeze quick and think:

"What got now hacked or exploited"

[Anonymous No.25801659]

>>25801331
*ethereum, sorry I bought a tablet to consoom news on

[Anonymous No.25801836]

>>25801058
Yes that’s the point I made, retard.

[Anonymous No.25802690]

Bump

[Anonymous No.25802728]

>>25800819
ADA isn't robust enough to be the chosen new base.

[Anonymous No.25802754]

ROO MANY FAGGOTS HERE AS ALWAYS WITH PAPER HANDS NOT REALIZING ETH IF THE NEXT FUTURE STORE OF WEALTH IMAGINE HOW THEY'LL FEEL IN 10 YEAR

[Anonymous No.25802787]

>>25801055
My portfolio is 34% ether, I'm not selling until i see a new technically sound platform that gain traction at high pace, It'll happen the question is when.

[Anonymous No.25802947]

>>25801176
BTC use case never required it to become technically robust, So there's not "BTC killer", It's retarded. That's not the case for Ethereum, It's in rising wedge.

[Anonymous No.25802999]

>>25801281
DOT and ADA are not a technical breakthrough in blockchain tech, It'll be futile to switch from Ethereum to them as it's defeating the point.

[Anonymous No.25803267]

Is SKALE fuddable?

[Anonymous No.25803454]

>>25802728
What does that mean? I get the feeling "robust" is the latest meme word people use when they don't have valid criticism/praise.

[Anonymous No.25803464]

ADA pools: 1400; ETH 2 active validators: 57000, pending: 16000.
ETH testnet is already more decentralised than ADA mainnet

[Anonymous No.25803500]

>>25799399
Rollups+sharding is the best technically possible way to scale decentralized networks at the moment.
Amazon just booted Parler from their cloud and they have enormous trouble to find anyone to take them, anyone still arguing for blockchains that need nodes in datacenters is an absolute utter fool.

[Anonymous No.25803766]

>>25803500
>What is Avalanche consensus

[Anonymous No.25803962]

>>25803766
Marketing bs. The problem with ethereum scalability is the size of stored state, not consensus. Avax does literally nothing about it because they know it's bought by speculators with no idea whatsoever.
For all the memes about ethereum nodes, it fits on a 512GB ssd. After 2 years of their stated throughput (4500 TPS) Avalanche nodes would require over 20TB on nvme disks, growing about 10TB per year. Another datacenter network.

They won't tell you this because they intend to dump all their tokens on you before these problems become obvious. However, smart devs know this, so only dumb devs do anything on these platforms.

[Anonymous No.25804231]

>>25803962
What about ADA? I just started reading about it since I like PoS, how does it scale?

[Anonymous No.25804489]

>>25803962
https://www.nervos.org/ckb/
don't shill yet I want more

[Anonymous No.25804643]

>>25804231
Charles wrote somewhere that 100TPS on base layer.
There's no magic bullet, higher tps without sharding = node size grows faster. Another problem is that state (like token balances) needs to be stored on something with fast random access, so no hdd. 100 tps is probably close to maximum for home nodes.
At some point just node syncing starts to become a hard problem, as it requires downloading terabytes.
That's why eth2 is doing sharding, each shard is going to be light, allowing for home nodes, with total high throughput.

On the second layer, cardano relies on an old solution of state channels. If it actually worked in practice it would be widely used on ethereum, as ethereum is turing complete so everything can be implemented.

There's a reason why ethereum is worth over $100B and why everything is on it. Eth2 is the best scaling approach while maintaining decentralization. If not for the problem of state storage size eth1 could already increase gas limit by 10x.

[Anonymous No.25804720]

>>25804489
how does this solve the problem
t. poorretardfag

[Anonymous No.25804751]

>>25799399
based retard poster

[Anonymous No.25804851]

>>25804720
>how does this solve the problem


>The CKB economic model focuses on state (remembered information). The native tokens, CKBytes represent rights to occupy state storage. For example holding 1000 CK Bytes would allow a user to create a cell with 1000 bytes in capacity or multiple cells that add up to 1000 bytes in capacity.

>Owners can utilize their CKBytes to store state or lend their capacity to others. An implicit cost proportional to disk space and time is created - if an owner utilizes their cell capacity to store state, they will incur an opportunity cost of their potential earnings from lending out the capacity. They will also forgo secondary issuance rewards from the NervosDAO. This is the CKB's solution to the long-standing state bloat problem.

[Anonymous No.25804901]

>>25804851
I don't follow this part
>An implicit cost proportional to disk space and time is created - if an owner utilizes their cell capacity to store state, they will incur an opportunity cost of their potential earnings from lending out the capacity. They will also forgo secondary issuance rewards from the NervosDAO. This is the CKB's solution to the long-standing state bloat problem.

[Anonymous No.25805278]

>>25803962
LOL you fucking retard, It's well known problem for all chains, Avalanche already halfway solved it with pruning, The next thing is something that's not available to any chain rightnow hence fudding Avalanche in that regard is fudding every other chain.

Avalanche solved the trillema in the most efficient way so far, that's barely if not debatable at all.

[Anonymous No.25805309]

>>25804643
>sharding
>home nodes
>state channels
I don't know what any of these are, where can I read more about it?

[Anonymous No.25805430]

>>25804901
I'd recommend watching the Economics video on that page. If you're a nerd these guys are just entertaining to listen to in general they have very cool Maxi-esque perspectives on the industry.

But the TLDR is that the Native Token CKB is not just a gas token/governance token like all the other smart-chains, it is also represents the smallest unit of data storage on the network. So unlike in ETH where adding data to the state is pay once, which leads to massive state bloat, there is an inherent "land tax" to using your CKB for storage on the network that you pay in inflation, there is an "inflation shelter" that you can stake your CKB in if you don't want to use them or sell them for use in data storage and gain an amount of APY exactly equivalent to the proportional amount of inflation from mining rewards during the duration that you stake.

Besides solving the "state rent" problem that other chains haven't really figured out yet, this also means that CKB is the only non-premined coin out there that has ZERO inflation for HODLers, even BTC will have inflation until the last block reward. And even more interesting is that it also solves the security problem of not having the value of the native token scale in direct proportion to the sum value of the Defi/dApps being hosted on it, due to the economics of it being "real estate" for said projects. So it could potentially be the most HODLable platform token that will never crab or dump while everything on it's platform is mooning, and this also makes sure that security will always be up to the bitcoin standard, where cost of attacking network is permanently guaranteed to be greater than the cost of acting honestly.

this is a thinking man's coin, it's basically ADA made by Bitcoin maxis

[Anonymous No.25805741]

>>25805430
>cost of attacking network is permanently guaranteed to be greater than the cost of acting honestly.
How is that ensured? I really want to read more about this stuff, beyond the investment part.

[Anonymous No.25805761]

>>25805278
>muh trillema

is fucking stupid. it's for utopianists who don't like the idea of Layer 2s. here's the solution for the trillema:

Layer 1: Proof of Work Nakamoto Consensus = most secure and most decentralized consensus algo ever created, with the possible exception of an updated version of Nakamoto Consensus: https://eprint.iacr.org/2020/1101.pdf

Layer 2: Any number of various Layer 2s with any number of tradeoffs and specializations

L1 + L2 is the solution to the Trilemma. It's the MOST (not more) decentralized solution, the MOST (not more) secure solution, and the MOST (not more) scalable solution. Stop jerking off to the idea of having it all in one chain and listen to what the grown-ups are saying.

[Anonymous No.25805897]

>>25805741
seriously just watch the economics video it breaks it all down.

with bitcoin it's easy to guarantee that an attack will never be more profitable than acting honestly because the thing that would incentivize attack is just bitcoin itself. The problem with ethereum or any other gas-token chain is that since it's price is not linked to VALUE of on-chain tokens, the cost for attacking a very valuable dapp or token can easily become less than the reward of the validators to prevent it from happening, since the rewards for acting honestly are only able to be denoted in the platform token itself.

[Anonymous No.25806260]

>>25805761
No you're definitely biased kek. Layer 2 on an outdated protocol isn't the best solution not fucking at all. Layer 2 not only sacrifices security but also finality, It does *defeat* the idea.

Ethereum genuinely doesn't have a valid argument beside network effect in comparison to Avalanche, Which Avalanche-Ethereum bridge will surely help weakning the argument.

Nakamoto consensus is less secure than Avalanche and less decentralized because Avalanche eliminates pools, Nakamoto consensus emphasis liveness over security, In Avalanche 80% of the nodes can be malicious til you can double spend, In nakamoto you need 51%, Avalanche by design is more secure than Bitcoin.

[Anonymous No.25806667]

>>25799422
Fpbp

[Anonymous No.25806953]

>>25799399
been hearing this for years now and it's position is only solidifying. don't underestimate how fucking hard it will be to amass more die hard developers on another system.

[Anonymous No.25807082]

>>25806953
If more developers does not mean better and faster results when it comes to other things, why would it mean that for something as complicated as Ethereum

[Anonymous No.25807828]

>>25799399
You're a dumbass
ETH is the only safe bet to overtake BTC

[Anonymous No.25807989]

>>25807082
i'm not talking about more core devs lol. defi was birthed on ethereum and it will likely remain there forever. try and get thousands of developers to build cool shit elsewhere, it is not going to be trivial. people have been trying already to hype up other platforms for years and gotten nowhere.

[Anonymous No.25808066]

it is obvious a lot of you are underestimating what it means for another platform to take the reigns from ethereum

[Anonymous No.25808525]

>>25807989
>people have been trying already to hype up other platforms for years and gotten nowhere.

What is Ethereum Virtual Machine compatibility?

[Anonymous No.25808981]

>>25799399
All in DeFI shitcoins and ALGO

[Anonymous No.25809033]

Avax will replace ETH. Bitcoin remains as the digital gold.

[Anonymous No.25809187]

>>25802999
What is then?