BNB $611.37 +1.81%
XRP $1.15 +1.80%
ETH $1,679.17 +0.88%
BTC $64,404.72 +1.28%
BNB $611.37 +1.81%
XRP $1.15 +1.80%
ETH $1,679.17 +0.88%
BTC $64,404.72 +1.28%
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What the Hell is Going on With ETH fees Huh? Try Learning About the ETH 2.0 Upgrades

What the Hell is Going on With ETH fees Huh Try Learning about the Eth 2.0 Upgrades

Community Trust ScoreVerified

83%
Real
Verified12 votes
Updated 5 years ago

Aya Miyaguchi expressed:  We strongly believe that a diverse set of clients is essential to Ethereum’s health and decentralization.

To ensure that client teams have a long-term incentive to maintain the network, the Ethereum

Foundation has launched the Client Incentive Program.

And although the name says “Incentive”, we hope that the program also symbolizes the appreciation the Ethereum community has for the teams who have remained focused on building and maintaining the public goods that support the network.

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Community Reaction:  Great initiative. As an investor, it is important to know that there are sufficient resources to complete the development of the base layer (until ZK Snark/Stark everything). Could the allocation of resources and rough time-frame to complete this be explained please?

A question. So, is it 4608 ETH in 144 validators to each team? Or 144 validators split among those teams? I guess the first but just want to make sure.

Each team gets 144.  That’s amazing and very, very, well-deserved.

What the hell is going on with ETH fees huh? Try learning about the Eth 2.0 upgrades.

Hope this not only helps the main net became more secure, but also to help gas fees became less expensive.

Awesome. They did/do such fantastic work. Couldn’t agree more.  We couldn’t agree more, please keep up your outstanding work.

Kudos to both the Ethereum Foundation and all the client developers.

Very neat idea to fund the teams with Validators. It will certainly provide further incentive to enable withdrawals.

Otherwise, technically in terms of price, Ethereum has successfully retested the cup and handle breakout zone for the fourth consecutive week.

Peer Reaction:  What usually happens after this? I’m trying my best to learn Technical Analysis.

Only by studying hard can we realize the freedom of wealth. A sign of strength, but will it crumble?

Potentially very important as it’s quite possible ETH is leading the entire crypto market.

Ethereum will be easily copied and centralized once 2.0 is released.  Ethereum has successfully tanked and will continue to tank.  Prepare for a multi-year bear run just don’t sell at a loss. May have to hold for years to make a dime.

Imagine getting frightened and selling your Ethereum on the cusp of this breakout. Bears had a month to breach this neckline and failed. Poor Bears.

This is the truth of life. Money goes from the pockets of hasty people to the pockets of patient people.

For those who missed, it is worth checking Vitalik Buterin’s End Game Post.

Community Trust IndexModerate Confidence
83%
Real
Real83%17%Fake
12 community signals

Dan Saada

Dan Saada holds a Master of Finance from ISEG Business School (France). With years of experience covering digital assets, Dan specializes in cryptocurrency market analysis, blockchain technology, and decentralized finance.

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