[shreder]

Since the merge was a stunning success both the community and developers were able to collaborate on the biggest upgrades in blockchain history.

It's time for more improvements with the upcoming Shanghai Upgrade, which MAY bring withdrawals to staking as well as protodank sharding.

Article about the upgrade: https://www.coindesk.com/tech/2022/10/17...a-testnet/



Shanghai tracking issue Github: https://github.com/ethereum/go-ethereum/issues/25820

[cwrhyaplteo]

That is good news for ETH less gas fee, fast transactions, high deflation rate ,less energy consumption.

[vegetajgd]

It's bad news because it floods your node with more data:



shreder is trying to stop Vitalik from flooding his node with 40-400 TB of data per year:

OUCH the ISP handling the data for that person would be CRYING for sure... hahah

[shreder]

OUCH the ISP handling the data for that person would be CRYING for sure... hahah

They would be crying if it was true but it's not.

[PoLoW]

They would be crying if it was true but it's not.

So you're saying what focus said is not true? And the "high traffic" issue is not accurate?

[shreder]

So you're saying what focus said is not true? And the "high traffic" issue is not accurate?

If it's 40-400TB a year then the size of storage would be petabytes. Which is nonsense. Do you even know what a petabyte of storage looks like?





Do you think hundreds of thousands of stakers are running both execution and consensus clients on raspberry pi's and Intel nucs really have a couple petabytes packed into that small frame?

Atleast when trying to spread false information, make it believable.

[DeepWeb]

it's good news, but sad in the same time since eth mining is done.

[shreder]

it's good news, but sad in the same time since eth mining is done.

It's been great times, I am able to continue participating in Ethereum consensus through staking since stopping mining in 2018.

[DeepWeb]

It's been great times, I am for able to continue participating in Ethereum consensus through staking since stopping mining in 2018.

me too! currently just day trading since it is profitable same as mining.

[PoLoW]

That's the problem.  You can't run a node at home if Ethereum consumes 40-400 TB per year of data to verify:

Tbh i don't believe this is true, since a lot of node owners will need a datacenter or an isp private connection to keep their node up and running, will ethereum devs fail to such silly problem like this? Don't think so. Just my 2 cents

[shreder]

You cant use third parties for running your execution layer. You cannot fetch data from third parties like infura for validation duties. Any attempts to say that validators will use data from third parties is incorrect.

Guess it wasn't smart enough to know that. Nice try. You did good, but I did better.

---

Tbh i don't believe this is true, since a lot of node owners will need a datacenter or an isp private connection to keep their node up and running, will ethereum devs fail to such silly problem like this? Don't think so. Just my 2 cents

I'm staking at home. I will never need to run off a datacenter because the requirements are so low.

Literally running off a used 2TB SSD I got on sale for $99 2 years ago, running like a champ both execution and consensus clients.

You can spew all the misinformation you want but fact off the matter is I have been running my little at home node for nearly 2 years now with no stopping in sight. You can't stop me you poser banker.

How about you grow some balls and run a eth validator.

[shreder]

I'm looking forward to the Shanghai upgrade we may see EIP's that will make L2'S even faster and cheaper than the sub 1 cent tx's they current cost.

ETH IS KING.

[SIM-1169085]

Can the merge really be called a success when you currently cannot even withdraw the staked coins or rewards?

Doesn’t seem like they’ve done much tbh. They will drag this thing out as long as they can and people will keep buying it until there’s nothing left but false hopes. I believe they definitely did the switch to POS prematurely in order to stay in the news and compete with Bitcoin and satisfy current investors by providing absolutely nothing.

Depending on how long this takes the price could dump if all those staked coins are unlocked all at once. Talk about MTGOX repayment on steroids.

[shreder]

Can the merge really be called a success when you currently cannot even withdraw the staked coins or rewards?

Doesn’t seem like they’ve done much tbh. They will drag this thing out as long as they can and people will keep buying it until there’s nothing left but false hopes. I believe they definitely did the switch to POS prematurely in order to stay in the news and compete with Bitcoin and satisfy current investors by providing absolutely nothing.

Depending on how long this takes the price could dump if all those staked coins are unlocked all at once. Talk about MTGOX repayment on steroids.

Every hater: First the Beacon chain was never going to come, then next was merge was never going to come, now it's withdrawals will never come.

If you want to put money where your mouth is, open a wager of a $100,000 that ETH withdrawals won't come send it to Omni we can start this bet. Or are you too poor?

[SUI-3183372]

What is the 10x in this picture? Is there a reason for it, like has Ethereum stated they want to increase <insert concept here> by 10x? Or is it because Elon Musk suggested that Doge just 'increase block size by 10x and block time by 10x', so Vitalik is demonstrating what would happen if Ethereum arbitrarily increased their parameters by 10x? Granted, even without the 10x the figures at hand are still large, I'm just trying to get a better understanding of why.



https://vitalik.ca/general/2021/05/23/scaling.html