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ETH will die in the next 10 years. Here is why...

Etherum Reddit

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Before the ETH maxis start to attack, I would like to explain myself. Happy to have a conversation if you disagree or agree with me.

Ethereum was invented when nobody knew what it will have to be capable of in the future. There was no solution for scaling the transactions, the coding language (solidity) is so bad, that it requires 90% of coding time just to secure the code, and we all know how that goes. Billions of funds stolen on shady ETH chain.

- Solidity is shitt (unsafe) and it needs another solution (rust for example)

ETH 2.0 will implement sharding and PoS (64 shards at the beginning). This means the transaction history is not safed on every single validator node but its splitted up on different validator groups, which operate on one or a few shards. At the moment all d'apps are on the same chain (eth main chain) and can communicate with each other. After sharding is implemented, every shard basically acts as another chain, and they cant communicate with each other properly (called atomic composability). So eth 2.0 will break atomic composability, which makes it impossible for d'apps to communicate with each other if they are not operating on the same shard. Placing all d'apps which HAVE TO communicate with each other on the same shards is also no solution, because then we have the same problems like we already have with eth right now. OVERLOADED NETWORK.

- ETH 2.0 breaks atomic composability (no cross-shard communication)

How long will it take until eth 2.0 is fully released? Start should be 2022. I am sure no shards will be integrated before 2023. Until then ETH is unusable for "normal Volks" unless your normal transaction amounts is several thousand $$$... the same problems like we already have with eth right now. OVERLOADED NETWORK.

- High fees for a while. Even higher if adoption increases even more.

Last topic: During last week I found some articles and videos which pointed out that ETH 2.0 will even be more deflationary than ETH today. As you know ETH had its first deflationary day. What people forget is, that the only reason for ETH to be deflationary were the insane gas fees! If sharding is integrated it will require a lot more transactions in order to become deflationary because the transaction fees will be reduced drastically. Some people should use their brain before talking BS. \* I have to add a comment: I am not sure how the emissions model will change with eth 2.0 if they lower the emission rate, then my arguments are obsolete.

submitted by /u/Sturlison1998
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