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Will Casper and Ethereum 2.0 increase the market value of ETH?
Analyze Ethereum 2.0 to Explore The Future of Consensus Algorithm
"If the developing progress happened like this, a boom in application on Ethereum would be possible, and Ethereum would become the world computer and financial settlement layer. The price of ETH depends only on how much the user needs to pay for miners. Due to the introduction of ETH2.0 sharding, the overall TPS would increase significantly, and the transaction fee for a single transaction would be a big decline, and the price of ETH may continue to fall.
If Ethereum develops in this direction, it may introduce a problem that the value of the mortgaged ETH may be less than the value of the DAPP running on the shard chain. At this time, miners have enough reasons to acts in a malicious manner and steal the value of DAPP by launching a double-spend attack or other ways."
"Of course, not the whole miners would definitely do evil. We also have many other ways to punish the evildoers. For example, the exchange freezes or refuses to accept the assets of the evildoers. Since the current status of the blockchain industry mixed centralized and decentralized. But the essence of this logic is that if the POS consensus and Slash models are adopted, the security boundary of the value of DAPP applications that can be carried on Ethereum is the market value of ETH itself."
"This may be a hidden problem for restricting the continued expansion of the DeFi economy on Ethereum. As for the security reasons, the market value of the overall DAPP cannot exceed the market value of ETH."
Written in a hurry, welcome to read the full article.
https://www.publish0x.com/poporo/analyze-ethereum-20-to-explore-the-future-of-consensus-algor-xgklyz
"If the developing progress happened like this, a boom in application on Ethereum would be possible, and Ethereum would become the world computer and financial settlement layer. The price of ETH depends only on how much the user needs to pay for miners. Due to the introduction of ETH2.0 sharding, the overall TPS would increase significantly, and the transaction fee for a single transaction would be a big decline, and the price of ETH may continue to fall.
If Ethereum develops in this direction, it may introduce a problem that the value of the mortgaged ETH may be less than the value of the DAPP running on the shard chain. At this time, miners have enough reasons to acts in a malicious manner and steal the value of DAPP by launching a double-spend attack or other ways."
"Of course, not the whole miners would definitely do evil. We also have many other ways to punish the evildoers. For example, the exchange freezes or refuses to accept the assets of the evildoers. Since the current status of the blockchain industry mixed centralized and decentralized. But the essence of this logic is that if the POS consensus and Slash models are adopted, the security boundary of the value of DAPP applications that can be carried on Ethereum is the market value of ETH itself."
"This may be a hidden problem for restricting the continued expansion of the DeFi economy on Ethereum. As for the security reasons, the market value of the overall DAPP cannot exceed the market value of ETH."
Written in a hurry, welcome to read the full article.
https://www.publish0x.com/poporo/analyze-ethereum-20-to-explore-the-future-of-consensus-algor-xgklyz
Re: Analyze Ethereum 2.0 to Explore The Future of Consensus Algorithm
The price of ETH depends only on how much the user needs to pay for miners. Due to the introduction of ETH2.0 sharding, the overall TPS would increase significantly, and the transaction fee for a single transaction would be a big decline, and the price of ETH may continue to fall.
Despite i liked the analysis you made, i don't totally agree with everything. I don't think that eth price after the set of eth2.0 will only depend on mining fees. Many other variables can infect the price and the supply in circulation as well.
We can't ignore the depandance of eth to bitcoin, like other alts too, so it's far to think ethereum would replace btc.
Better to move this topic to the altcoin board.
Thanks
Analyze Ethereum 2.0 to Explore The Future of Consensus Algorithm
Will Casper and Ethereum 2.0 increase the market value of ETH?
Even take place of Bitcoin?🧐
My fresh and in-deed analysis for the current state of blockchain technology and cryptocurrency.
"If the developing progress happened like this, a boom in application on Ethereum would be possible, and Ethereum would become the world computer and financial settlement layer. The price of ETH depends only on how much the user needs to pay for miners. Due to the introduction of ETH2.0 sharding, the overall TPS would increase significantly, and the transaction fee for a single transaction would be a big decline, and the price of ETH may continue to fall.
If Ethereum develops in this direction, it may introduce a problem that the value of the mortgaged ETH may be less than the value of the DAPP running on the shard chain. At this time, miners have enough reasons to acts in a malicious manner and steal the value of DAPP by launching a double-spend attack or other ways."
"Of course, not the whole miners would definitely do evil. We also have many other ways to punish the evildoers. For example, the exchange freezes or refuses to accept the assets of the evildoers. Since the current status of the blockchain industry mixed centralized and decentralized. But the essence of this logic is that if the POS consensus and Slash models are adopted, the security boundary of the value of DAPP applications that can be carried on Ethereum is the market value of ETH itself."
"This may be a hidden problem for restricting the continued expansion of the DeFi economy on Ethereum. As for the security reasons, the market value of the overall DAPP cannot exceed the market value of ETH."
Written in a hurry, welcome to read the full article.
https://link.medium.com/FvfdBmJ7y5
Even take place of Bitcoin?🧐
My fresh and in-deed analysis for the current state of blockchain technology and cryptocurrency.
"If the developing progress happened like this, a boom in application on Ethereum would be possible, and Ethereum would become the world computer and financial settlement layer. The price of ETH depends only on how much the user needs to pay for miners. Due to the introduction of ETH2.0 sharding, the overall TPS would increase significantly, and the transaction fee for a single transaction would be a big decline, and the price of ETH may continue to fall.
If Ethereum develops in this direction, it may introduce a problem that the value of the mortgaged ETH may be less than the value of the DAPP running on the shard chain. At this time, miners have enough reasons to acts in a malicious manner and steal the value of DAPP by launching a double-spend attack or other ways."
"Of course, not the whole miners would definitely do evil. We also have many other ways to punish the evildoers. For example, the exchange freezes or refuses to accept the assets of the evildoers. Since the current status of the blockchain industry mixed centralized and decentralized. But the essence of this logic is that if the POS consensus and Slash models are adopted, the security boundary of the value of DAPP applications that can be carried on Ethereum is the market value of ETH itself."
"This may be a hidden problem for restricting the continued expansion of the DeFi economy on Ethereum. As for the security reasons, the market value of the overall DAPP cannot exceed the market value of ETH."
Written in a hurry, welcome to read the full article.
https://link.medium.com/FvfdBmJ7y5
Re: Analyze Ethereum 2.0 to Explore The Future of Consensus Algorithm
I will not think about replacing bitcoin because it will never happen. But increasing the market value, this is more likely. Despite of the recent changes of the market, Ethereum has been performing well and it has reached to $170. The ETHs market was so good lately and you can think of it that it will show a better performance that the recent one but incomparable to the bull run performance.
Thats next to impossible when you compare their market cap and volume. I love ethereum and its one of the best altcoin out there or yet the best. But with such popularity and tech wise? Bitcoin beats them to the ground. POS is a new system and lots of project are into it. But PoW for me still the best mechanism or consensus that works fine. Though, in terms of consumption it really outrun it, but thats not the reason why it is good but the ability to extend scalability on their best. Anyway, if ethereum transfer and migration can be seen successfully we can watch what would be the result but since its not yet happening better to observe first. Fair assessment.
But making the rich people richer, is it a good thing for everyone?
How the rich make the poor accept POS no matter willing or unwilling?
After all, consensus must require the most recognition.
Re: While bitcoin is hydrogen, poporo is oxygen. | What exactly is poporo？
Poporo believes only one POW network is enough to exist in the world and that is Bitcoin, it did make me impressed. 
Because they have no way to say they are better and probably that's the thing they used so that they can get the iimpression from people? If there are any other coin I had to appreciate is Litecoin and ETH. No poporo, no shitcoin.Are not you trying to promote Poporo, please, don't say you are promoting poporo. I would really love to hear that you are not affiliated with Poporo.
Analyze Ethereum 2.0 to Explore The Future of Consensus Algorithm
Will Casper and Ethereum 2.0 increase the market value of ETH?
Even take place of Bitcoin?🧐
My fresh and in-deed analysis for the current state of blockchain technology and cryptocurrency.
"If the developing progress happened like this, a boom in application on Ethereum would be possible, and Ethereum would become the world computer and financial settlement layer. The price of ETH depends only on how much the user needs to pay for miners. Due to the introduction of ETH2.0 sharding, the overall TPS would increase significantly, and the transaction fee for a single transaction would be a big decline, and the price of ETH may continue to fall.
If Ethereum develops in this direction, it may introduce a problem that the value of the mortgaged ETH may be less than the value of the DAPP running on the shard chain. At this time, miners have enough reasons to acts in a malicious manner and steal the value of DAPP by launching a double-spend attack or other ways."
"Of course, not the whole miners would definitely do evil. We also have many other ways to punish the evildoers. For example, the exchange freezes or refuses to accept the assets of the evildoers. Since the current status of the blockchain industry mixed centralized and decentralized. But the essence of this logic is that if the POS consensus and Slash models are adopted, the security boundary of the value of DAPP applications that can be carried on Ethereum is the market value of ETH itself."
"This may be a hidden problem for restricting the continued expansion of the DeFi economy on Ethereum. As for the security reasons, the market value of the overall DAPP cannot exceed the market value of ETH."
Written in a hurry, welcome to read the full article.
https://link.medium.com/FvfdBmJ7y5
Even take place of Bitcoin?🧐
My fresh and in-deed analysis for the current state of blockchain technology and cryptocurrency.
"If the developing progress happened like this, a boom in application on Ethereum would be possible, and Ethereum would become the world computer and financial settlement layer. The price of ETH depends only on how much the user needs to pay for miners. Due to the introduction of ETH2.0 sharding, the overall TPS would increase significantly, and the transaction fee for a single transaction would be a big decline, and the price of ETH may continue to fall.
If Ethereum develops in this direction, it may introduce a problem that the value of the mortgaged ETH may be less than the value of the DAPP running on the shard chain. At this time, miners have enough reasons to acts in a malicious manner and steal the value of DAPP by launching a double-spend attack or other ways."
"Of course, not the whole miners would definitely do evil. We also have many other ways to punish the evildoers. For example, the exchange freezes or refuses to accept the assets of the evildoers. Since the current status of the blockchain industry mixed centralized and decentralized. But the essence of this logic is that if the POS consensus and Slash models are adopted, the security boundary of the value of DAPP applications that can be carried on Ethereum is the market value of ETH itself."
"This may be a hidden problem for restricting the continued expansion of the DeFi economy on Ethereum. As for the security reasons, the market value of the overall DAPP cannot exceed the market value of ETH."
Written in a hurry, welcome to read the full article.
https://link.medium.com/FvfdBmJ7y5
Why a new coin need fork the Monero blockchain?
And you need a full bitcoin node, a wallet with bitcoin to make transactions in the bitcoin blokchain for minning...
The coin need the bitcoin ecosystem for work.
Too much dependencies, too much elaborate, and too much requisites for a new coin.
I see two posibilities, one monero holder wants to be richer or one random developer want your Monero/Bitcoin wallets.
And if this coin take same success. How you prevent an attack?, only need make a lot of Bitcoin transactions... and if in the future Bitcoin eliminate any fees... this coin will be dead.
And you need a full bitcoin node, a wallet with bitcoin to make transactions in the bitcoin blokchain for minning...
The coin need the bitcoin ecosystem for work.
Too much dependencies, too much elaborate, and too much requisites for a new coin.
I see two posibilities, one monero holder wants to be richer or one random developer want your Monero/Bitcoin wallets.
And if this coin take same success. How you prevent an attack?, only need make a lot of Bitcoin transactions... and if in the future Bitcoin eliminate any fees... this coin will be dead.
But Bitcoin will not eliminate any fees.
By 2024, the annual inflation of Bitcoin will be below 1% per annum. This means Bitcoin miners will expect a significant part of their revenue stream to come from transaction fees. Poporo enables this to an extent.
Anyway the whole premise is that bitcoin keeps staying on the top.
Re: While bitcoin is hydrogen, poporo is oxygen. | What exactly is poporo？
I don't understand why it has to be compared with bitcoin and oxygen. There's only one thing that the people know about bitcoin's comparison and it's the king of cryptocurrencies while the others are just followers.
And that metaphor made you impressed?
I really don't find it like you do.
And that metaphor made you impressed?
I really don't find it like you do.
May be supplement？
Since so many scams today, all they promoted as a replacement.
To replace bitcoin or better than bitcoin.
A better solution would be more decentralized, more fair, etc.
But the masses have sharp eyes, bitcoin is the
It's time for these blockchain project considering about coexist even support to bitcoin.
Poporo believes only one POW network is enough to exist in the world and that is Bitcoin, it did make me impressed.
The best CPU mining project | Dual-core CPU, 8GB memory, 500GB hard disk space
I found a project named Poporo on Medium.
It is a Monero hard forking.
Quite interesting.
It abandoned the POW algorithm adopted by Monero and chose a new POP(proof-of-proof) algorithm for mining. And solve the problem of security and ASIC resistance. The security is guaranteed by using the hash power of Bitcoin.
Quote from the post https://link.medium.com/geQMXu1Dx5
The POP consensus algorithm, Proof-Of-Proof. This refers to an algorithm that guarantees the security of other blockchain networks through a highly secure blockchain network.
Because the bitcoin has the recognized highest computing power, the highest attack cost, and the best security, the host system of the general POP algorithm adopts the bitcoin network. Poporo chose Bitcoin as the host system. By changing the consensus algorithm from POW to POP, it can completely get rid of the problem of the ASIC mining center and mining pool, and the security will exceed the original Monero. In other words, Poporo removes the hardware and computing power requirements by POW mining. The security is guaranteed by using the hash power of Bitcoin.
What about your idea?
Is it the development and evolution of Monero?
It is a Monero hard forking.
Quite interesting.
It abandoned the POW algorithm adopted by Monero and chose a new POP(proof-of-proof) algorithm for mining. And solve the problem of security and ASIC resistance. The security is guaranteed by using the hash power of Bitcoin.
Quote from the post https://link.medium.com/geQMXu1Dx5
The POP consensus algorithm, Proof-Of-Proof. This refers to an algorithm that guarantees the security of other blockchain networks through a highly secure blockchain network.
Because the bitcoin has the recognized highest computing power, the highest attack cost, and the best security, the host system of the general POP algorithm adopts the bitcoin network. Poporo chose Bitcoin as the host system. By changing the consensus algorithm from POW to POP, it can completely get rid of the problem of the ASIC mining center and mining pool, and the security will exceed the original Monero. In other words, Poporo removes the hardware and computing power requirements by POW mining. The security is guaranteed by using the hash power of Bitcoin.
What about your idea?
Is it the development and evolution of Monero?
Poporo forked at block 2051693 of Monero, 03/11/2020.
Although Poporo seems to be a common forking project, it is a novel solution. It abandoned the POW algorithm adopted by Monero and chose a new POP(proof-of-proof) algorithm for mining. And solve the problem of security and ASIC resistance.
A new project finally comes.
I saw the news from the following post. If you are interested in it, you can read it in a coffee time.
https://link.medium.com/geQMXu1Dx5
Here are some reading materials to help you learn more about Poporo:
1️⃣ Website | http://poporo.io/ ❇️
2️⃣ Github |https://github.com/PoporoDev/poporo ❇️
3️⃣ Whitepaper |http://poporo.io/whitepaper.pdf ❇️
4️⃣ Tutorial |http://poporo.io/poporo_guide.html ❇️
If you hold Monero before the fork and you are interested in Poporo, you can get the corresponding PPR in 1: 1. More detailed information is in the FAQ.
5️⃣ FAQ | http://poporo.io/Poporo_FAQ.html❇️
Although Poporo seems to be a common forking project, it is a novel solution. It abandoned the POW algorithm adopted by Monero and chose a new POP(proof-of-proof) algorithm for mining. And solve the problem of security and ASIC resistance.
A new project finally comes.
I saw the news from the following post. If you are interested in it, you can read it in a coffee time.
https://link.medium.com/geQMXu1Dx5
Here are some reading materials to help you learn more about Poporo:
1️⃣ Website | http://poporo.io/ ❇️
2️⃣ Github |https://github.com/PoporoDev/poporo ❇️
3️⃣ Whitepaper |http://poporo.io/whitepaper.pdf ❇️
4️⃣ Tutorial |http://poporo.io/poporo_guide.html ❇️
If you hold Monero before the fork and you are interested in Poporo, you can get the corresponding PPR in 1: 1. More detailed information is in the FAQ.
5️⃣ FAQ | http://poporo.io/Poporo_FAQ.html❇️
Can you give more information
Sure
website http://poporo.io/
GitHub https://github.com/PoporoDev/poporo
Whitepaper http://poporo.io/whitepaper.pdf
any more information about the mine method? github link for source code?
website http://poporo.io/
GitHub https://github.com/PoporoDev/poporo
Whitepaper http://poporo.io/whitepaper.pdf
Re: We are having the difficult time, are you still a Bitcoin HODL？
I still hold bitcoin, but I also sell some fraction of bitcoin in this increase in the price because I want to buy more fraction of bitcoin when the price is down. I think after this increases, we will going to see another change for bitcoin price, and I hope that the price can go down for a little so that I can buy at the right time. If we take a look at the price, it seems bitcoin price is going to be strong because now, the price finally breaks $6,500, so that will be the right time for us to sell some part of bitcoin. But unfortunately, after reaching $6,500 back to the lower price again.
Yes, just be more patient.
No best time, do it at the right time is enough.