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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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21043090 No.21043090 [Reply] [Original]

IT CAN'T FUCKING SCALE. HOW MANY TIMES DO WE HAVE TO SAY THIS?!?!

ETH is pure spaghetti code. ETH was without a doubt a great idea; I will not deny that at all. However, most people in crypto don't have the comprehension or knowledge to be able and look at the code-base and identify flaws that could be catastrophic, both in terms of economic, security, and overall functioning in cost signals.

Vitalik is smart. However, he's the most retarded smart person in all of crypto. He's a fucking child who doesn't own up to his inability to produce a creation and has longevity. Him and his cronies wrote shitty-ass code. It can't scale. The only way it can scale is constant upgrades each time they feel things are getting congested. This is where the problem lies. It is impossible for ETH to implement a scaling solution to where it doesn't need upgrades anymore. For ETH to work, it will need constant upgrades of ETH 2.0, 3.0, 4.0, so on and so forth for an indefinite amount of time - just kicking the can down the road. Off-chain scaling won't work either because ETH's security is already shit on a stick. Making something more complicated that is already a piece of shit is 100% pointless. People can never steadily develop something on ETH because with each 'scaling upgrade', those who are creating on ETH will have to pivot each time to ensure their product is compatible to work on ETH. To sum it up, each time ETH decides to upgrade to scale, it just gets worse.

>> No.21043161

>>21043090
k.

>> No.21043196

>>21043090
>invest in what I have all my money in!

>> No.21043228
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21043228

>>21043090
>software won't get better without continuous updates
Wow, you sure showed everyone.

>> No.21043389

>>21043090
thanks, quite literally just bought 100k

>> No.21043419

tldr
>arbitrum
gg no re

>> No.21043451

>>21043090
Ethereum cannot scale thats a fact. The ETH 2.0 roll out is protracted and convoluted, not too mention that the technology they are working on is inferior and antiquated in comparison to Cardano. There is an atmosphere of ambiguity as to when the Ethereum development team will release a fully working product. If ETH 2.0 launches too early there will be without a doubt a series of disastrous catastrophic errors and bugs that will severally impact the confidence of users and investors. If they release ETH 2.0 too late they are going be left behind. Cardano has already developed a superior network that's orders of magnitude more technologically advanced than Ethereum 2.0. The ETH development team are working on an insurmountable task. Personally my own experience of using Ethereum has been overall a negative one, where the majority of the time I have to pay exorbitant amounts of money in gas fees only for my transactions to get stuck pending for one hour. If people that are technologically literate hate using Ethereum what will normies think of it when they clog the network trying to trade imaginary cats.

>> No.21043458

>>21043451
Thanks just bought another 100k

>> No.21043467
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21043467

you had 5 years.

>> No.21043515

>>21043090
The only thing you should fear is that Blizzard manages to fire all their parasites and make a new WOW world which would get him to drop his work on Ethereum!

>> No.21043559
File: 74 KB, 720x720, Spaghetti-Bolognese-square-FS-0204.jpg [View same] [iqdb] [saucenao] [google]
21043559

>>21043090
I'm hungry for bolognese, but I think I'll stick with pic related rather than that piece of shit Ethereum. who even heared of it before?

>> No.21043872

>>21043090
I haven't been interested since I learned they documented functions of being private when they were actually public & lost 200mil in multisig prebaked solidity project
> Muh solidity
Shut up, just ... Shut up

>> No.21044197

>>21043090
Yeah it really seems like he's blown first mover advantage. 5 years later are we really that much closer?

>> No.21044223

>>21044197
Isn't Q4 just PoS no sharding till 2021 at the absolute earliest?

>> No.21044240

fud better brah. I need to buy more

>> No.21044810

God if only there was a version 2 of it, that would solve everything

oh well

>> No.21044823

>>21043090
Loopring solves scaling you dumb nigger.

>> No.21044917

>>21043090
Who gives a shit if it scales or not? L1 pump is over, we’re onto L2 now. In time, ETH will be made irrelevant.

>> No.21045002

>>21043090
On the bright side, Codius will bring smart contracts to Ripple, which can be bought for about .30 USD right now and will be worth $2000 in September.

>> No.21045303

yeah uh, I never said it could it scale

>> No.21045376
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21045376

>>21043090
Great pasta.

Scaling and gas prices are already fixed though trough a bridge. Just wait and see. Binance already adopted this tech for its erc20 BUSD. All erc20's will follow.

>> No.21045464

>>21043090
Long $Zil

>> No.21045660

>>21043090
link already fixed this with zK rollups. people are literlly too retarded to realize this, in general, which is why they will still be asking WOW WHEN DID ZKROLLUP HAPPEN years after it has been established as possible

>> No.21045901

>>21045002
M-McAfee?

>> No.21045956
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21045956

>>21043090
Only one coin scales

>> No.21045980

>>21043090
Oh no, its almost like an update will have to be pushed.
Literally kys and just bought another 1k because of you

>> No.21046927

>>21043090
>>21043451

What about Loopring?

What about Raiden Network?

What about OMG?

What about Matic Network?

Etc, etc.

Scaling has been solved.

>> No.21047275
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21047275

>>21043451
Fren, with all due respect, I think you are overestimating the marginal benefit of this scalability compared to Cardano. Ethereum, even when congested, is lightning speed compared to large scale legacy enterprise systems that are used by the fortune 100 today. There’s something we call in business the law of diminishing return. Ethereum has the buy in it needs to flourish. The first generation of dApps is complete and the next one has started. It will take several years for these dApps to reach maturity, likely even longer. Chances are you’ll see third party liquidity providers to make up for the latency in the ETH network for consumers.