[ANN] Ethereum: Welcome to the Beginning

[HouseStark]

Vitalik's suggestion that Eth merge with Bitcoin Cash is not helping with clarity either.

But will this merger be just marketing related or will the blockchains be merged?

Neither. My understanding is that running Ethereum on the Bitcoin Cash blockchain network is a short term bandaid to handle scaling to give more time to Vitalik and the team to come up with a true solution. If I understand that right (and that's a big if) then seems to me that this would dilute the brand at a very risky time and confuse an already cloudy space. I don't think it would be good for price, and since it is stated as a short term fix I don't think it would be good for the Ethereum network in general. There is also always the danger that this short term fix could become permanent, as they so often do and the long term scaling issue never truly goes away.

lol, may be you're thinking it can crash the price but remember the ecosystem system we're in if full of people who're in for the money, and then the tech comes second. Should the merger be true, both coins can skyrocket probably in the near term, just that the future will however be skeptical and will as usual depend on one thing- the survival of Bitcoin (which is the survival of cryptoverse).
Secondly, we should look at the benefits of it making ETH/BCH scalable. If that could work, then i think it is a good move.

[bkbirge]

I think what the move, if enacted, does is broadcast that Eth is fundamentally flawed. Even suggesting it should make everyone question Eth's long term viability. Hope I'm wrong on that, but the impression I have is that Vitalik is flailing and that is never good when leaders lack confidence in their own work. Another reason I think the proposed short term bandaid of using the bitcoin cash network is a very bad idea is that the second Eth does that then they lose first mover advantage, the coin becomes just another alt in a sea of alts. Just my opinion, I'm a huge Eth fan and truly think the tech behind it is the future, but if it's not managed correctly then we'll have Beta vs. VHS all over again.

[gembitz]

ETC vs. ETH = the real flipping weeee

[piebeyb]

Sold ethereum bought digibyte this guy is a dumb A$$ ( vitalik buterin and Ver ) making out

where you get news about their intimacy, Vitalik and Rogerver, I don't see anything on Vitalik's official twitter, give me the original link to see it right, if it's true it looks bad

Here you go https://finance.yahoo.com/news/vitalik-buterin-bitcoin-cash-improve-192359784.html
Not only bad but that will be a very bad decision, plenty solutions to solve the scalability problem and why vitalik must use BCH for fix it? that doesn't make sense.

I guess it's just a joke from Vitalik and although it is said to happen, I read the article just for a while, looking deeper I want to actually get a tweet from Vitalik saying that's the right decision, I guess it will not be possible and just a joke

[Sy]

Is ETH 2.0 the update in which Vitalik is finally going to bring staking in the network? Or I am thinking about the wrong update?

[Iamtutut]

ETH 2.0 = POS

[tbct_mt2]

Proof of Stake for Ethereum is a huge thing to achieve of the project, and this feature has been delayed lots of times. Till now, we have not heard and known exact activation day of Proof of Stake on Ethereum network. At least, since April this year, there is no significant updates on developments of Ethereum.

[tabas]

Is ETH 2.0 the update in which Vitalik is finally going to bring staking in the network? Or I am thinking about the wrong update?

Yes. That's it.
https://cointelegraph.com/news/ethereum-20s-phase-zero-scheduled-to-launch-on-january-3-2020-devs

[changcheng2019]

ETH is really good, I hope it is getting better and better.

[gembitz]

I think what the move, if enacted, does is broadcast that Eth is fundamentally flawed. Even suggesting it should make everyone question Eth's long term viability. Hope I'm wrong on that, but the impression I have is that Vitalik is flailing and that is never good when leaders lack confidence in their own work. Another reason I think the proposed short term bandaid of using the bitcoin cash network is a very bad idea is that the second Eth does that then they lose first mover advantage, the coin becomes just another alt in a sea of alts. Just my opinion, I'm a huge Eth fan and truly think the tech behind it is the future, but if it's not managed correctly then we'll have Beta vs. VHS all over again.

alienhead boy doesn't even log in for years.. plus the feds are not happy about these swiss bank account type faggots :\ see libra hearings?...zzz

[gembira]

Bakkt is going to beta launch on July 22. Bitcoin will be listed first and I heard some gossip than they going to list ETH as well... is this true? With such news ETH can pump a lot 

[Alank_C]

maybe ETH  2.0 led currency rose to a new level.

[Kasabus]

maybe ETH  2.0 led currency rose to a new level.

Maybe, but not until the market recovers.
Nothing so significant with the change of system, the best way to consider the growth will happen is when the altcoins market will start a new rally.

[tbct_mt2]

Maybe, but not until the market recovers.
Nothing so significant with the change of system, the best way to consider the growth will happen is when the altcoins market will start a new rally.

Such an important upgrade won't be implemented and announced if altcoin market won't turn into the bull run. Release upgrade and breaking news during bear market don't bring benefits back to the project and price of Ethereum on exchanges. So, you are totally right, and I think the Proof of Stake on Ethereum network might only be implemented in the end of third quarter this year (the soonest scenario), or even much later (in the first quarter next year).

[Sy]

Bakkt is going to beta launch on July 22. Bitcoin will be listed first and I heard some gossip than they going to list ETH as well... is this true? With such news ETH can pump a lot 

There were some talks before that they will also add ETH futures but ever since the delays all the talks of them adding ETH dried up a bit. But I am still confident that they will ETH in the future.

[RivAngE]

We're going from delay to delay with ETH 2.0, I had even forgotten that PoS was a thing!
Maybe the whole purpose of these dalays is to pump the coin, making people buy on every rumor about the update being near.

[zahidmoon]

We're going from delay to delay with ETH 2.0, I had even forgotten that PoS was a thing!
Maybe the whole purpose of these dalays is to pump the coin, making people buy on every rumor about the update being near.

maybe yopu are right about what you said but announcement for only pump the price of eth is not believable. delays could be happens at any project, so why thwy want fake announcements for pump the price. i think after everything ready the team will deploy the updates and pos could happened on eth blockchain.

[Japinat]

We're going from delay to delay with ETH 2.0, I had even forgotten that PoS was a thing!
Maybe the whole purpose of these dalays is to pump the coin, making people buy on every rumor about the update being near.

maybe yopu are right about what you said but announcement for only pump the price of eth is not believable. delays could be happens at any project, so why thwy want fake announcements for pump the price. i think after everything ready the team will deploy the updates and pos could happened on eth blockchain.

The only one who will benefit on their rumors are the day traders, we need to be wise, they can delay the launch if they want.
So, if you want to make money on short term, you should always do "buy the rumor and sell the news", that's a very effective method in trading, that will not make you greedy and loss.

[shinratensei_]

Bakkt is going to beta launch on July 22. Bitcoin will be listed first and I heard some gossip than they going to list ETH as well... is this true? With such news ETH can pump a lot 

it's only a rumor and waits until bakkt will try to give an official announcement about that. Bakkt is not even launched and then i just don't wanna try to create a lot of speculation.
just hope the beta launch will not get another delay again.

[henke1]

Joe Lubin from Consensys says ;

We would achieve maximal decentralization of a blockchain network if every person on the planet owned precisely one full node device connected to the network.

Why not make a ethereum 'just-simple-plugin-device' like for i.e. a ready-to-go 'cheap' raspberry pi 'en mass', and sell it to the public ?  

Raspberry pi 4 is out , so, more 'opportunity' for staking an ethereum node . 

LOL
How would you stake a +2TB bloated ethereum blockchain on a Raspberry?

sorry, i meant 'hosting' a node ...    ->

A Raspberry Pi is a perfect fit for running a node, since it can be left running all the time. Sure, you could run a node on your computer but there is a dedicated computing and storage cost. Instead of leaving my laptop running all the time, I’d rather have my node on dedicated hardware.

Justin Ðrake@drakefjustin 24 jun.

I expect the new Raspberry Pi 4 (4GB RAM option, external SSD) to handle an Eth2 validator node without breaking a sweat. That's $100 of hardware running at 10 Watts to support a 32 ETH node (currently ~$10K stake).

Ethereum on ARM. NanoPC-T4 and Raspberry Pi images. New supported devices: Pine RockPro64 and Raspberry Pi 4. APT repository and automatic upgrades. Ethereum 2.0 Prysm clients and Vipnode. Ethereum clients update.