Ethereum 2.0 Update. Proof of Stake. Web 3.0 and Metaverse.
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The good news is Ethereum 2.0 is coming soon… the bad news… there’s an unfortunate side to this upgrade. This has led to a barrage of questions… what is Ethereum 2.0? What happens to my existing ETH? And how can I profit from the Eth 2.0 upgrade?
Ethereum is what’s called a general purpose blockchain. A blockchain where other applications called Dapps can be built on top. I like to think of Ethereum as the electric grid.. All of the wires, poles, and electrical substations.
And Ether, the token, is like the electricity running through the grid powering the ecosystem. Transactions of Ether are stored and validated on a ledger, aka the blockchain.
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I think matick is going to be huge forget about etherium buying now get matic
Pulsechain will be the new Ethereum chain. The world largest airdrop is coming.
ETH is alive coz of the miners, not boolish on ETH anymore. Care miners will dump and move on. Nobody likes staking anyways
Thanks for the FUD. All these FUD on Youtube causing the crypto market to fall now.
they dont want miner to keep mining and incresing but POW is safer then POS why POW you knwo even tho people will sell or not Hashing will keep the price stability in POS all calculated who holds the most once thy decide to sell It will go down to the ground becuze POS price gose up only if people buy it while in POW price moves by rearty and mining and soon alll miners will quit and eth will take dumping hard you guys gona see why POW matters BTC is the prime example
Minors are dealing with hash problems, got it.
I would not call proof of work wasteful. It uses electricity to both control how fast blocks can be found and thus to cost real world resources to find and "mine" the rewards, recall that in many cases the market sets the price of power and the miners must buy their power at fair value. The other thing that the power cost does is it basically makes things secure because it makes a 51% attack constantly costly as you have to constantly buy power and hardware to do the attack while proof of stake requires only that you hold enough of the staked coins to attack it… a one-time cost rather than a high monthly bill. Both consensus methods have pros and cons, PoS main advantage is the sharding speed increase… that and political advantage as everyone hates mining so it makes you popular…
you need a haircut
How can I talk with you Max off line. Need help Coinbase account hacked.
0:04 where do you get these super villain shots from lmao, poor guy
PoS is not nice and safe. Are you fking kidding me?
Great vid Max, love how you explain things so clear.
Crypto needs to solve issues like fees and transaction times, eth 2.0 taking away the true decentralization by taking away mining and still high gas wars!……. eth wont make it…..
Staking Ethereum on coinbase worst decision of my life
SOON THEY WILL FIMD OUT IS NOT ABOUT THE TPS, BUT THE FUCGING GAS FEES.
NO ONE IS PAYING $100.00 PER TRANSACTION IN 2022 NO MATTER HOW FAST IT CAN SETTLE.
Why does subtitle translate "miners" to "minors" :)))
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How does anyone actually believe ETH isn't a scam and failed promise??? It took my a day of research to never touch DeFi and ETH. smh.
WTF is that clip at 0:03?
so the sharding doesnt reduce fees either? just faster
Do they care about environmental issues or is it a veil to consolidate eth into the hands of the whales? Who benefits the most when there is no mining?
So i still have to pay $30 gas fees in 2.0?
☁️ ☁️ ☁️ 🌙 #DBA
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Big PUMP coming
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#DBA
To make the long hair, short… all the issues here are solved already… and it's called Cardano.
Are you forbidden from from giving ADA a mention these days? For ex the only 74 % staked project
gas fees? please explain.
aslo, i'm 21 and i've been hodling crypto (eth,btc,xrp) for over a year now. i know its not that long but im very interested. Just hodling alone i dont know where my money is headed. All the big guys asssure you "just hold itll go big" and i believe it, have seen a lot of promising things in crypto and it promises to make the world go round a lot smoother and efficiently, although i am worried about governments' greed polluting it all, although once again promises are being made that no matter what, you can't stop the crypto migration. I want to trade cryptos, get the sneak peaks on what cryptos are going 10 or 100x but I don't know how to go about it. even just knowing more about btc, eth, xrp, blockchains and the future of cryptos and what they hold for us and why they wont fail…i am more than willing to put in the time and am learning forex trading as well but i'm asking for some guidance if anyone is willing to help me. Bots can politely f off…i'm a young dude tryna make a decent living out here
eth is such garbage i hate it soo much FUCC ETH TO ZERO PULSE CHAIN COMING ITS GONNA END IT
Maybe it would be different if I actually had good internet but even if I had the time I couldn’t look into all of this. Thank dude seriously!!
Thank you for the information Max!!! I’ve been investing into eth until I heard and looked into ada!
How is Tezos total stake above 100%?
What will drive crypto adaptation is regulation. Without regulation, institutions won't come into the picture and that's where the real money is at
Preventing mining will also greatly reduce the demand for GPUs, which will make them much easier for PC enthusiasts to get for lower prices
as a miner, we barely get any fees since EIP 1559