Post
Topic
Board Altcoin Discussion
Re: Ethereum update
by
SirLancelot
on 28/08/2019, 17:58:34 UTC
I heard Ethereum will be updated to Ethereum 2 in early 2020.
I would appreciate you if you answer my questions.
1. Will there be a fork like we had for bitcoin cash? Or we will have to deposit our Ethereums to an address to get ETH2 in a new address? Or our Ethereum will be updated automatically?
2. What do you think about regulations? Is it possible that we will be forced to pass KYC to get ETH2?

No forced to pass KYC, not in crypto market
With regulation in place, I bet that ethereum users too will at a point be forced to go into the kyc agreement irrespective of that fact that they are decentralized, there is absolutely nothing called regulation without the KYC because that is the basis of the whole regulation.

They might not be implementing it now because we have not really gotten a legal regulation that will be enforced by the government but in future when the government is ready for the regulation, then they will surely enforce it just like we have exchanges that has been seeking for regulation enforce it now. Ever since exchanges has enforced this issue of KYC, virtually everyone has complied with it already and nothing has been done about it, so nothing will still be done if ethereum enforces theirs too.