Judging from the current development of Ethereum, it is beyond doubt that Ethereum has become the largest public chain in the world. With the further development of Ethereum, we will find that the blockchain industry has also made great progress.
First of all, let me talk about the current situation of Ethereum.
Ethereum is very bright in this bull market, in other words, this bull market is pulled up because of the application of Ethereum. At present, there are several dilemmas in Ethereum: 1 The dilemma is that the transaction rate is too high, scaring away many people. The second dilemma is that the transaction speed is too slow and the network congestion problem is very serious. The third dilemma is that the transaction is relatively cumbersome, and other public chains are obviously better than Ethereum. This is where the Ethereum needs to be broken. When Ethereum is upgraded to 2.0, these problems will be solved accordingly.
Second, Ethereum 2.0 moved many people's cakes.
The reason is very simple. At present, Ethereum is a working proof mode, which is what we often call pow mode. If this mode is changed to pos mode, it looks really much better, but it also directly hurts the interests of many miners. Just think, it is because of the miners that the Ethereum has been pushed to its present height. If Ethereum successfully transits to 2.0, the POS mode at that time no longer needs miners, and miners may flee collectively.
Third, Ethereum 2.0 has lost its decentralized feature.
The reason why Ethereum can be done is related to the technical ability of Ethereum itself and the decentralization of Ethereum. Isn't decentralization the core growth force of Ethereum? If Ethereum is officially upgraded to 2.0, the pledge of 35 Ethereum is too high for almost no retail investors to bear. By then, Ethereum will become a serious centralized product. Although many people are optimistic about Ethereum 2.0, I think 2.0 may encounter a major crisis. Let's wait and see.