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Ethereum [ETH]: Serenity has not been delayed by even a single day, claims Vitalik Buterin

Priya

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Ethereum [ETH]: Serenity has not been delayed by even a single day, claims Vitalik Buterin
Source: Unsplash

Vitalik Buterin, the Creator of Ethereum, recently spoke about the development surrounding Ethereum 2.0, the final stage of Ethereum, on a Reddit thread dedicated to him.

Yagan, a Redditor, stated that Vitalik Buterin had proved that he was “determined to move forward as a person and as a leader” irrespective of the FUD surrounding Ethereum over the past several months. The Redditor stated,

“Cheers to Vitalik and cheers to his supporters. Cheers to ethereum and cheers to the community that can see the ‘bigger picture’. Congrats on all you have accomplished Vitalik and thank you for being an inspiration to many.”

To this, another Redditor with the username Dont_hate_scienceguy, replied stating that he would sell-out his coins, the day Buterin exits the Ethereum ecosystem. He also added that he has “never had less faith in the [Ethereum] team, than I do after this dothereum nonsense”.

Dothereum is one of the new projects gaining the attention of the Ethereum community. It is a project that is similar to Ethereum, but is built on Polkadot. Some have speculated that Afri Schoedon, a former Ethereum developer, is a part of this project.



This comment caught the attention of Buterin as he replied to the Reddit user by stating that the “the team” in question was “larger and broader” than he or she thought. He further stated that the developers at Prysmatic Labs, Lighthouse, and all the other teams have not delayed the “progress of eth2” even by a single day. He said,

“While I get frustrated with the antics of the “chattering classes” myself, it’s important to keep in mind that Prysmatic, lighthouse, the eth2 research team, etc etc are all continuing work right on schedule, and the recent governance noises, while loud and annoying, did not delay the progress of eth2 by even a single day.”

Buterin further stated that even State Channel, Plasma, ZK roll-up, and 1.x rent proposals were “steadily moving forward”. He added that the current 1.0 clients were also regularly upgraded so that they could “better handle” the load of the current chain. He went on to state,

“[…] a huge victory a few months ago in dropping uncle rates as well as constant improvements in block propagation. When you’re making a bet on the ethereum ecosystem, it’s those silent armies you are betting on.”





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Priya is a full-time member of the reporting team at AMBCrypto. She is a finance major with one year of writing experience. She has not held any value in Bitcoin or other currencies.

Ethereum

Ethereum [ETH] witnessed 6 of 10 of its highest usage days in the past three weeks despite bear attacks

Akash Anand

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Source: Pixabay

Ethereum [ETH]’s movement on the cryptocurrency charts has been termed ‘slow’ or ‘unresponsive’ by many people involved in the world of digital assets. This subtle attack on the Vitalik Buterin co-founded network has been a prolonged process with many betting on the “death of the Ethereum network” due to the rise of faster and more efficient technologies and blockchain networks.

The second largest cryptocurrency, however, seems to have taken all these comments in stride as new data emerged that 6 of the 10 highest usage days in Ethereum’s history occurred over the past 3 weeks. Data from Etherscan.io showed a rise to a peak as Ethereum recovered well after the downturn in mid-January. The astounding peaks in terms of usage were also made evident when compared to the usage data in December/January 2018, the time period when the cryptocurrency market had reached its all-time high.

Some users in the cryptocurrency space were still critical about the data, with dk_holdnaut, a cryptocurrency enthusiast tweeting:



“I have never seen or even heard about anyone using any Ethereum app. If it was truly decentralized and censorship resistant I believe the people that value these perks the most atm and have the most funds to devote would’ve build a drug market dApp by now.”

However, Ethereum’s competition, EOS and Tron are not far behind. Just recently Tron, the Justin Sun-led cryptocurrency had announced that the TRX mainnet had crossed 2.5 million accounts, beating Ethereum with 8 million blocks. Ethereum, despite having the chronological advantage, had only 7.5 million blocks.

Ethereum had taken another hit when EOS set the record for the most number of cryptocurrency transactions in one day. Daniel Larimer, the CTO of Block.one had tweeted:

“#eos recently set a record of over 70m actions processed in one day. An average of over 810 actions per second. Our team is making great strides in further optimization and scaling. #B1JUNE”





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