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honestly.... how is this better than Bitcoin as it was designed in 2009? Has the world gone mad? It’s like changing round tires for square ones....... Complexity doesn’t scale, this whole project should be put to an end, What a complete waste of time and resources
1. Sharding and ZKPs ensure verification cost much cheaper than personally re-computing every tx 2. PoS and not PoW 3. Stateless verification 4. Supports arbitrary smart contracts (like eth today) 5. Supports strong privacy at L2 6. 12s block time, each block equiv to many confs
First of all we are talking about scale here...... if it doesn’t scale all of your points are mute, so I can try to refute each and everyone of them especially POS which is as old as the hills and exnovates in POW! The complexity of Ethereum doesn’t allow it to scale!
Ethereum requires gas, Bitcoin doesn’t. Bitcoin supports smart contracts without gas and is turing complete. Block time is irrelevant,Bitcoin does 0 conf Bitcoin can be set in stone, which was the whole point of being decentralized, removing people like you from power over money
I find it fascinating Vitalik, 30+ people are upvoting your answer (yesmen) that wasn’t an answer to my question. The post that I replied to shows a convoluted schema of complex intertwined systems. I tweet about complexity not scaling and you come up with 7 unrelated points.
>how is this better than bitcoin? >simple examples of how it's better tHat waSNt an aNsWEr to mY quEStIon
Thanks for this ! Do you have any views for adoption rates going forward with eth 2/3?
Sounds like tron...
eth won’t scale btc won’t scale lightning is bullshit get it
The only problem with pos is security
We don't know the increase of privacy coins
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