Quote from: Abiky on July 09, 2021, 09:55:57 PM

Ethereum will be rolling a series of upgrades with the "London" hard fork on August 4, 2021. It'll be an exciting time for ETH holders as the cryptocurrency becomes scarcer than ever while fees decline considerably across the Blockchain. While the hard fork will bring many benefits, it will also delay the difficulty bomb to Dec 1st. We're going to have to wait again until ETH becomes a full-fledged cryptocurrency.

This sucks real bad, since developers keep delaying ETH 2.0 after each upgrade. I know they want to make sure the new upgrade is as secure as possible before rolling it on "mainnet". But the many delays are making people desperate as the current implementation of the ETH blockchain becomes heavily congested. If this keeps up, Binance Chain or another competitor could take down ETH's position as the leader of the smart contracts industry.

Ethereum will eventually have that delay catch up, they delayed it so many times now and eventually one day it will have that difficulty increase and that is just fine, I do not even think that they should keep delaying it and if we had it back in the day it would have hurt it at the time in short term but in the long term by now there wouldn't have been a problem.

In any case thanks to this London fork I am sure that the gas fee will get a lot cheaper and thanks to that we are going to see the difficulty not be a huge problem when the bomb actually goes off. What are we scared of? The difficulty going up and why? Because it will increase the gas fee a lot and it will congest a ton, well with the new gas fee thing I am sure that it will not become a problem and people will be able to pay at least 5-10 bucks for a month or two after the bomb and then it will be fully empty and be free finally.