/biz/ - Business & Finance

[Anonymous No.26436729]

IT CAN'T FUCKING SCALE. HOW MANY TIMES DO WE HAVE TO SAY THIS?!?!

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.

[Anonymous No.26436834]

DR;NS
now excuse me while I pay my $50 gas fee to withdraw $30 of interest from my liquidity pool farm.

[Anonymous No.26436846]

I am tired of these copy pastas. You had 1 year to accumulate more.

[Anonymous No.26436920]

SACD was better than CD and yet CD outlasted its replacement
Don't underestimate the power of incumbency

[Anonymous No.26436956]

>>26436834
BASED

[Anonymous No.26437194]

>>26436729
>HOW MANY TIMES DO WE HAVE TO SAY THIS?!?!
F O R E V E R

[Anonymous No.26437222]

>>26436729
I want spaghetti

[Anonymous No.26437272]

>>26436729
Thats why IOTA took its time to develop feeless, scalable network. Anybody who believes fee-based crypto will be used for ANYTHING except speculation is beyond help

[Anonymous No.26437313]

Thoughts on Diem?
Their github is extremely active.

[Anonymous No.26437346]

>>26436729
>constant upgrades of ETH 2.0, 3.0, 4.0, so on and so forth for an indefinite amount of time
absolutely bullish

[Anonymous No.26437352]

>>26436729
Didn't read, too long. Buying Cardano thanks.

[Anonymous No.26437377]

>>26436729
>reddit spacing
Didn’t read lol

[Anonymous No.26437379]

>>26436729
>pure spaghetti code
So tired of this pasta

[Anonymous No.26437429]

>>26436729
pump incoming

[Anonymous No.26437475]

you had about 1000 days to accumulate eth <= $500. how does it feel anon? to be priced out of the future of finance because a $20 fee is too much for you?

[Anonymous No.26437799]

>>26436729
>most people in crypto don't have the comprehension or knowledge to be able and look at the code-base and identify flaws

yeah except for the extremely active community contributing by combing through the code base to identify and solve issues every day. I'm sure that you took one look at this massive code base with over 100k lines of code spread across dozens of folders and hundreds of files. and instantly identified the issues? Fucking rain main over here guys.
larping nigger is seething because everyone got their bag but him. time to get the rope nigger.

[Anonymous No.26437881]

>>26436729
It actually works pretty well when I pay $25 in fees.

[Anonymous No.26437915]

>Imagine thinking we're going into revolutionize finance with a platform that can't even scale on chain and has 6 minutes finality time even in ETH 2.0

Smart people already know that's a battle between Avalanche and Dfinity. ETH will keep existing for sure but those 2 will drive us to the adoption this space need.

[Anonymous No.26437975]

>>26437799
>sauce
I know your dumb nigger ass cant do math, but that's 5 closed issues a day on average, and this is just one repository. The Ethereum Foundation github has 205 source repositories.
Be honest though, how many shit coin scams did it take for you to lose all your ETH?

[Anonymous No.26438808]

>>26436729
Geth is not spaghetti code... and eth has more than one implementation. The inability to scale has nothing to do with how the code was written and everything to do with the limitations of the protocol itself. Which is why eth 2.0 is a thing. OP trying real hard to sound smart but falling a little short.

Although personally I'd bet on AVAX over it long term.

[Anonymous No.26438893]

>>26436729
Those last to paragraphs are complete nonsense lmao stfu retard.

>>> the amount of ETH in ever single wallet needs to be known after each transaction.

No. That's retarded. You obviously no nothing about this. And eth doesn't need to be rolled back, wtf do you think eth 2.0 is?

[Anonymous No.26438941]

>>26436729
This. Ethereum cannot scale thats a fact. The ETH 2.0 roll out is protracted and convoluted, not too mention that the technology they are working on is inferior and antiquated in comparison to Cardano. There is an atmosphere of ambiguity as to when the Ethereum development team will release a fully working product. If ETH 2.0 launches too early there will be without a doubt a series of disastrous catastrophic errors and bugs that will severally impact the confidence of users and investors. If they release ETH 2.0 too late they are going be left behind. Cardano has already developed a superior network that's orders of magnitude more technologically advanced than Ethereum 2.0. The ETH development team are working on an insurmountable task. Personally my own experience of using Ethereum has been overall a negative one, where the majority of the time I have to pay exorbitant amounts of money in gas fees only for my transactions to get stuck pending for one hour. If people that are technologically literate hate using Ethereum what will normies think of it when they clog the network trying to trade imaginary cats.

[Anonymous No.26438999]

>>26437379
Why is ETH 2.0 coming out if the original code wasn't spaghetti code?