MultiversX Tracker is Live!

ETH 2.0 trade offs

Etherum Reddit

More / Etherum Reddit 342 Views

I'm struggling to understand the path of current ETH to ETH 2.0.

As far as I understood, the high gas fees make ETH very impractical to use on most apps. I made that experience when trying to use some of the apps that run on ethereum's blockchain.

PoS is going to solve this problem, but there's something I don't really understand about it.

The more ETH you have, the more ETH you will get from staking, and as far as I understood you need at least 32 ETH to do so. This is an amount most people will never be able to afford. To me, this seems that ETH 2.0 is only favouring the rich. I got into crypto to break out from this wheel, to be able to convert my cash into an asset that is favouring those people who hold it, like for example the halving in Bitcoin does.

What is Ethereum trying to be, and how is it different than the fundamentals of the dollar? (Except from a transparent blockchain and apps built on it?)

Or am I viewing it completely wrong?

Thanks for taking your time and clarify!

submitted by /u/Lazy-Substance-5161
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments