Blockchain

Story: Ethereum (ETH) Privacy Concern From User and Economy Improving After ETH2 Planning

By Steven Anderson

1 / 14

Vitalik Points to GNU/Linux Kernels

2 / 14

Ethereum Fees and Privacy

3 / 14

One of the Reddit community members pointed to how the ETH economy has changed a lot ever since the planning of eth2.  Several high yield plans are now available from ETH.

4 / 14

Also pointed to how there is no logical reason to have a minimum of 16,384 validators as a requirement to start the eth2 chain.

5 / 14

Also, people will get upset due to opportunity cost losses if they are going to deposit ETH into a contract and if it does not produce any kind of return.

6 / 14

The reddit screen name Distant View also stated, “Is there a plan B if 16,384 validators are not reached by November 24?

7 / 14

Vitalik.eth retweeted:  “There are interesting rumors that future versions of Microsoft Windows will be based on GNU/Linux kernel rather than a Windows kernel.

8 / 14

Afri Schoedon, Ethereum Goerli Testnet Evangelist pointed to how easy it becomes to run native Windows applications on GNU/Linux systems through Steam's Proton libraries nowadays.

9 / 14

Sydney Ifergan, the crypto expert tweeted:  “Ethereum (ETH) is going to be a disruptor in the long run, there is no doubt about it.  Just to Kick Start!”

10 / 14

Someone who uses Ethereum weekly stated that he is in the ecosystem for its use case rather than it being an investment vehicle.

11 / 14

He pointed to how he gets paid every week in Dai by his employer for the work that he completes in a week.

12 / 14

The one thing he was not happy about was that his employer can see all his funds that he had to pay upwards of $20 to wash money using Tornado cash Every Time, he also clarifies…

13 / 14

He however stated that he uses the regular banks to ensure privacy.  Also he stated that if it was not for the lack of privacy that he would have literally no reason to…

14 / 14

It’s disappointing that the focus with L2s is 500+ TPS. $0.77 fees for transactions aren't even that much of an issue, it's slightly inconvenient but it's not off putting.

The Currency Analytics

Want the full story?