❕NEWS - The core change for ETH 2.0 is rapidly approaching | BeerMoneyForum.com

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AudraMiller

Sapphire Member

Mar 13, 2021

One of the major changes that is supposed to take place during the release of Ethereum 2.0 is the fact that there is supposed to be a shift from the network, going from the proof of stake consensus to the proof of work network. In a recent article that was released, it seems that this is a major part of Ethereum's future and the developer says that he is pushing ahead with this despite the protests from the miners on the Ethereum network. Do you think that this core change will be good for Ethereum and could it help with the transaction fees?

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Niftyicon

Sapphire Member

Mar 13, 2021

Anything that would greatly help to reduce the high gas fees should be a welcome development. I hope that this change is able to achieve that.

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microunit

Sapphire Member

Mar 13, 2021

Well they already stated that this change is meant to positively affect ethereum, I doubt they would even change the system without positively affecting , I think the protest is just because ethereum miners will not be viable anymore with the new network

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Kunkun

Platinum Member

Mar 19, 2021

Niftyicon said:
Anything that would greatly help to reduce the high gas fees should be a welcome development. I hope that this change is able to achieve that.

Exactly, I think a lot of more investors would like to trade ethereum but the high fees is preventing that, reducing the fees would be a win win as it would mean more investors thereby increasing the value