The Ethereum Community is positive and believes thatEthereum will come back stronger.
Real Use Index was published for TRON vs. ETH. Real UseIndex is a performance metric, and it looks like TRON flippened Ethereum.
Tyler.Smith.Eth tweeted: “The game hasn't changed, but the stakes are getting MUCH higher. Ethereum 2.0 (Serenity, all 3 phases) needs to ship ASAP. The world needs an alternative, and sorry, but Bitcoin won't rise to the challenge. Support every effort to deliver Ethereum 2.0 faster.”
Bob Summerwill, in response to the tweet, expressed thatthe only way in which IMHO to deliver ETH2 faster will be to take the projectseriously. He felt that it was essentialto hire full-time and dedicated staff. "Appointa “call the ball” benevolent dictator.”
The root cause ofslow progress, he stated it was the allergy to hierarchy and allergy toprofessionalism. Summerwill believes thatit is okay to centralize and then decentralize. He further clarified that it isnot possible to wish on rainbows and unicorns towards success. He feels it is important to grow up.
In response, Tyler agreed to Bob Summerwill and expressedthat he is in agreement. However, hestated that he would like to take 80% product over perfection. He opined thatthe world is in need of the 80% solution desperately.
Sydney Ifergan, the crypto expert, tweeted: "Ethereum (ETH) has got the complete capability to stay as a product with self-sustained value. However, it needs to deliver on time. ETH 2.0 should deliver."
There is now a need to come up with amore resilient decentralized application. The lowest points have been happening. We are now involved in a situation wherethere is a high lack of liquidity. Themarket is automated, and in situations where there is congestion paying highergas fees gets the work done. This meansthe high gas price for all.
The market conditions are extreme, and several leveragedpositions are liquidated. A chance forOracle manipulations is also highly possible. Oracles will not publish values that might not be favorable to theirpositions. Oracles might choose not to report.
Ethereum Congestion leads to masked bad behavior, whichis still under investigation. Networks benefit from gaining fractional timingbenefits. High gas prices under the current scenario need some addressing;otherwise, the losses will be socialized.
The effects of the lack of centralized control duringemergencies are pretty visible.
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