Post
Topic
Board Altcoin Discussion
Re: ETH2.0 New Update
by
amishmanish
on 06/11/2020, 16:00:59 UTC
.....
what make you think eth would pump? what's in this eth.2 that change significantly that you think would pump eth?
You can argue all day about developments in the eth2 but the chart says it's going up https://www.coingecko.com/en/coins/ethereum and that's not an opinion. The investors or would be validators are definitely happy that things are moving along and that they can be involved in something they see as profitable. The speculators that are helping the price pump couldn't care less about it. They're just buying the rumors and selling the news.

i'm not going to argue i just want to know what they know. what make people think eth.2 would pump? what's the significant changes?
I too wish there was more discussion on this. It would atleast be possible for people to have more information about the consensus process rather than just assuming that 32-ETH validators will automatically lead to a working chain. Moving from PoW to PoS has long been considered the alternative for scaling the blockchains after Vitalik's failed attempts at sharding. The whole ETH 2.0 narrative gained ground very quickly after Vitalik posted that characteristically complicated roadmap of ETH 2.0

For one, I wonder how exactly blocks are going to be formed in a blockchain where people can be "validators" by just staking or locking ETH. Where is the actual "node" that orders the transactions and propagates them. Sure its Proof of "Stake". Does that mean there is no "Work" at all? I would love to have explanations from some of the people here who understand this.