will take the price of our friend to its previous historical maximum, it will go back to 1500 dollars for an ETH, it will come to cost one day 100.000 thousand dollars
but Nick is crazy, and it wasn't crazy for him to go to $1,500
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we started
First of all, people are asking how much can I earn?, then there's the second group of people, who are wondering, I have to do something about my current ETH when we move to 2.0, and then we have the third group, that what interests and concerns them, is the level of technology behind all this change
I'm going to try to answer
What is ETH 2.0?
Well to begin with, and to understand basically, all the projects in this world, in the world of the Cryptos, are alive, when a company finishes a technological project you could think that they have already finished, but in reality they have only just begun
And that's a good point, since they will always need updates to be able to improve even more, if you enter a project in which there are no changes in a certain time, we could think that that project looks bad
ETH 2.0 WHAT DO WE NEED TO IMPROVE?
Really everything
- the cost
- the speed
- the privacy
- that the network does not collapse
- that is efficient
- that is sustainable
Currently, it is said that the mining of ETH in only one day could satisfy the 24 hours of electricity of a common house, so we can think that if we mine ETH, we would be spending a lot of energy
The evolution of this project, has been divided into 4 phases, the first was called front, the second homestead, the third was called metropolis, and now we are supposed to go to the fourth and last that was decided a 2.0 called serenity
It is known that this last one is going to cost a lot of time and effort and that it is going to be divided into 7 phases that will be implemented within this development
So what's all this for?
From what I said before, all those factors that will have to be improved such asÂ
- the cost
- the speed
- the privacy
- that the network does not collapse
- that is efficient
- that is sustainable
All I like about ETH is all the people and investors that are inside this project, improving it and developing it like google, apple, backpack and microsoft among others
Now you can ask yourself the question, is this project reliable?
My consideration is that if, for nothing more and nothing less that are involved those companies that I mentioned above, and that are for me understand who moves the world
ETH 2.0 seeks to simplify everything to the maximum possible, what we always do with technology, the same happens with ETH, we have to simplify everything to make it more efficient and with a lower cost
Furthermore, it is understood that this project, the amount of nodes is so brutal, that it can even work with very few nodes in the network
In short
are improvements for the project, faster, safer and more of everything, so that everyone can use it worldwide, and you're wondering, okay, what good is that to me, is it possible to make money on this project?
Now we know that we can earn an annual percentage to maintain our ETH and the key or factors to know what can be generated from all this is that it depends, it will depend on many things, and one of them is the amount of money you have in ETH
Then there are the groups that are formed to generate ETH, and I also have to warn you, that we will surely have many scams in this aspect, there will be people who will tell you, send me ETH, that we are making a strong group to be able to generate more rewards, and maybe that group will not be successful and you will lose all your capital
I'll leave you a calculator so you can know how much you could generate
So ETH as such can raise the price?
the first phase of Ethereum 2.0 will be launched in a few months, some analysts and experts believe it could trigger a major upward movement and transform finance as we know it.
And while that may be wishful thinking, he is on firm ground when he suggests that staking could lead to an increase in Ether's supply. I believe that rewards for staking of 3 to 5 percent will attract capital from large investors until about 30 percent of the total supply is secured. ETH's next burnout mechanism will contribute to a decrease in supply in the markets.
And now I want to ask you a question, and I hope you can answer
Price aside, Eth 2.0 could transform finances?
any comments are welcome
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My Publish0x vs Steemit experience
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