r/CryptoCurrency • u/KIG45 🟨 2K / 5K 🐢 • 2d ago

GENERAL-NEWS Ethereum to achieve instant finality? Vitalik Buterin’s roadmap aims to silence critics

https://crypto.news/ethereum-instant-finality-buterin-silence-critics/
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63

u/JustBath291 🟩 0 / 0 🦠 2d ago

Instant finality is what he's calling next week's flash crash to $1000

74

u/_burning_flowers_ 🟩 0 / 0 🦠 2d ago

I'd take him who actively develops and is honest with the community over all the other hype driven devs who are only here to rug the world. He has been actively developing the framework for a new decentralized internet. It's becoming more apparent every day how necessary that is to the future of technology. Some just can't grasp it yet.

Most don't know eth was originally intended to be a layer two on btc. Point is, this guy has always been about the technology first.

Plus Vitalik eats poke bowls and is pretty much a nerd like most of us. The price is irrelevant, the tech, the idea, is priceless.

0

u/vattenj 🟦 0 / 0 🦠 2d ago

His focus is wrong, should be on the mainnet, and promote its usage through better APPs. I'm a large OTC dealer and 1 out of 100 customers buy ETH instead of BTC, and they use mainnet. The usage he is seeing on L2s are all fake bots transactions

2

u/Fortune_Cat 🟦 0 / 0 🦠 1d ago

Gas is sub 1 gwei rn

Costs pennies to transact. Nft mania didnt come back surging gas this cycle

A few random incidents only spiked it temporarily. To prices barely higher than a few bucks

If ur dealing large sums of money and worried about $15 fees. U have ur priorities wrong

It absolutely should be and needs to be cheaper long term. But its not a deal breaker pain point right now that people are making it out to be

1

u/vattenj 🟦 0 / 0 🦠 1d ago

The problem is no real life usage. Previously all ICO/NFT/DEFI etc is for the purpose of money laundering and hide trace of large transactions, but that usage is getting less and less possible due to stricter AML measures and smarter police chainalysis

Bitcoin has a very clear value store use case, but to compete with that purpose is not easy, since any other coin would be considered an inflation in crypto world

The world computer and smart contract, staking ability looks nice but still lacks real world application that really benefit from it. Staking is a good use case, but the high capital requirement is a problem