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Currently, ETH is in big trouble: delay on the POS (I don't think it'll be ready before 2022), new binary compatible chains that will allow everyone to move on
by 1996 6y ago
Currently, ETH is in big trouble: delay on the POS (I don't think it'll be ready before 2022), new binary compatible chains that will allow everyone to move on if ETH2 fails.
Also the ETH futures recently introduced will initially push the price down, like they did for BTC.
- DennisP 6y agoJust to clarify that a bit, PoS is running in production right now with 100K validators and $5 billion staked, with four independent client implementations. But for now it's running in parallel with the old chain, which might not merge in until next year. In the meantime, lots of layer-2 stuff is getting rolled out this year.