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22419418 No.22419418 [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.

For ETH to work to the level needed, the amount of ETH in ever single wallet needs to be known after each transaction. Since ETH cannot implement SPV, it's impossible for ETH to scale because it does not have the capabilities to know the exact amount of ETH in every single ETH wallet after each transaction at a massive scale.

The only way to permanently fix ETH would be to roll back the chain to the beginning almost. Vitalik is just your average Russian retard who can't produce anything of value.

>> No.22419525
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22419525

>>22419418
Why do you feel the need to tell us all that? What are you shilling?

>> No.22419570

>>22419418
Agreed OP. 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.22419572

>>22419418
>we

>> No.22419581

Lmao too long didnt read.
I just know im stacking eth with uniswap pnd's and i love it. Fuck btc, eth is the future. It wont stay slow, expensive and cluttered forever. There's a reason everyone builds on ethereum and why other blockchains fail. The only other one that currently stands a (small) chance is neo. Dont even consider others.

>> No.22419744

>>22419570
>ETH 2.0 roll out is protracted and convoluted

Eth 2.0 =

Phase 0 (2021) does nothing for scaling.

Phase 1 (2022) does nothing for scaling.

Phase 2 (2023 / 2024) finally does something for scaling.

Other option is hoping for layer 2 solutions, but that's like betting that the lightning network will make bitcoin scale. 5 years later and still nobody is using it.

Polkadot wins.

>> No.22419797

>>22419418
Didn't read a word because every major blockchain adoption plan around the world from business and gov includes ethereum tech at it's core. Vitalik is a Stephen Hawking's IQ equivalent and will solve what is needed in due time. Those who are patient will be rewarded those who fall for marketing bs of new vaporware shitcoins will be paying a premium for eth in a year or two. They can claim fast and cheap transactions but they haven't had the use cases to prove it yet. High fees and congestion is bullish for eth.