Quote from: percy_tc on August 06, 2021, 01:48:38 PM

Quote from: JohnBitCo on August 06, 2021, 08:48:08 AM

Quote from: Inagame on August 05, 2021, 08:54:52 PM

This fork was such a stupid idea that just made fees more than before, and it will not solve any problem on Ethereum.

Quote from: ivomm on August 05, 2021, 03:03:03 PM

But the bigger problem is that with the POS, which is a blockchain variant of banking deposits, ethereum will get more centralized and declared as a security in USA. And this means more regulations and even bans like the ICOs.

Can ETH get more centralized then it is now?

Sure it can with switching to POS.

So you mean that fork was not a good idea ? Wouldn't they knew before what will be the impact on fee after this fork ?
I think over the passage of time, burning of eth on every tanscation will make it a scare asset and it will eventually increase in demand.
I would like to see if there is good signafinant impact on fee after few days of the fork.

Fee is already normal, but London fork is not about to lower fees, its about to make it predictable by make it automatic instead of manual/user bidding (which maybe will lower fees in a certain cenarios, time will tell)

Besides of that transaction fees are burning which is indeed a good thing in long run.

i agree with you but it also impact on the eth price. in a very short time eth price will increase for sure. because its burning process is very fast due to eth network consumption. i think eth price will hit 5k dollars in the very of this year its only my point of view. only time will tell us what will happens next.