Home Technology Ethereum (ETH) Proof of Stake Scalability and Greater Ideals in its Making

Ethereum (ETH) Proof of Stake Scalability and Greater Ideals in its Making

Ethereum ETH proof of stake

One of Ethereum (ETH) Vitalik Buterin fan expressed that he was very happy that there is a smart person like Buterin in this world. He also stated that he was confident in his project and further stated that he considers it is the best currency which exists, even better than Bitcoin. He stated that he invested in Buterin and that he knew that one day the project will be one of the biggest projects in history

He expressed his trust in that all the problems will be solved and ETH 2 will be released very soon.

Yet another investor opined that economists gain fake trust by making backward statements which defy logic and by being overly and unnecessarily complicated, further having the reader think that they must be too stupid to understand it and therefore feeling forced to trusting the economist.

Sydney Ifergan, the crypto expert tweeted:  “Vitalik Buterin recently expressed that it is tricky to determine what is good for the group and what is good for the world, clarifying that both of these are conflicting many times.”

While trying to improve Ethereum Vitalik seems to be discussing lot of abstract stuff like individual oriented thinking, world oriented thinking, free trade, early internet, cryptocurrency and a range of other stuff.

Vitalik reinstated on how groups are important and how sometimes it is important to work with some people more than others and how group psychology is a powerful fool for cooperation and that it is a shame to throw away group psychology entirely.

Therefore, he clarified that even in the internet and cryptocurrency space new groups will re-emerge and about how the challenge is to keep the three layers in balance (individual, group, and world).  He expressed that “polypolitan” ideal is important in intersecting groups.

Ethereum (ETH) Next Generation

While it is acknowledged that there is only one good and that is which benefits the individual and the collective, we need to see if that will show up in the Ethereum Network projects.

Many new things are happening at Ethereum.  Of note, “Ivan on Tech is Breaking Down ETH 2.0 – The Next Generation of Ethereum – with a decent overview of the proof of stake and scalability aspects.”

We need to see if Ethereum will serve greater purposes.  However, someone warned about how we are currently underrating that extent to which the technological remaking of the government is set to be a bottom up phenomenon.

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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