ETH 2.0 HAS LAUNCHED!

wtf it's dropping

THEY SOLD THE NEWS BROS

ETH2.0 is the death of ethereum

ETH 2.0 is somewhere between 25-33% byzantine fault tolerant depending on how it is configured. and yes, that is what happens when you shard the base layer. and yes, that is pretty terrible. I see you are talking about Cardano, what is with this obsession with Cardano? is it because like Bitcoin, Cardano is 50% byzantine fault tolerant? That's a big security gap that ETH has to try and fill with a clunky stake slashing as the mechanism. not very well thought out.

Only hackers love ETH.
Makes it so easy for them to exploit and drain milliones of USD .
Mass adaption with such unsecure , experimental shit?
Yeah, of course dream on.

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Literally dumping right now

+ no lock up for 2 years ( lmao ) and no slashing.

Cardano = the standard.

BTC and ETH frens will learn it the hard way it seems. Very sad.

>Enjoy your last bull cycle
That's enough for me

mr f was here

That the level of actual ETH supporters!
You are still sure you wanna hodl it?
Really sure?
Read it again.... and then sell quick

posting in epic bread. this is literally a historical moment

eth2-fork-mon.stokes.io

And the cardano sois arrive right on cue, unironically shilling no slashing as being a positive attribute

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Gosh - how is it even possible to be so uneducated but having real money invested?
Of course slashing is a bad thing.

>that is what happens when you shard the base layer
this has nothing to do with that, 1/3 is a hard theoretical limit of any asynchronous consensus algorithm.
>Cardano is 50% byzantine fault tolerant?
it isn't. They literally assume majority of validators is honest, it's called a 'honest majority assumption'.
There's nothing stopping majority of validators to actually attack the chain. There's no slashing. They can do it without repercussions.
Cardano has the least secure PoS protocol out of potentially all PoS networks (it's always possible there's some tiny coin with even worse design).

eprint.iacr.org/2016/889.pdf
this is the paper for cardano's PoS
>Our protocol is secure under a number of plausible assumptions
>a number of stakeholders drawn from the honest majority is available as needed to participate in each epoch
yes, they literally assume that a majority of stakers is online and in addition is never going to attack and then they claim that as an advantage. Cardano is a scam for midwits. They know people never look into details like these.

Guess what, eth2 is also secure under a synchronous honest majority assumption - that's because literally every blockchain in existence is.

>eth2 is also secure under a synchronous honest majority assumption
also secure if

>25% byzantine fault tolerance is a positive attribute
but it's okay because we correct for that by this nifty stake slashing mechanism. nevermind that it went haywire in testnet and destroyed everyone's ETH, that'll never happen again, we promise.

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>correct for that by this nifty stake slashing mechanism
This is not the case, slashing is to prevent the nothing at stake problem. Go jerk off to a youtube AMA

No it hasn't launched
ETH 2.0 will NEVER EVER launch, fag
We told you it is spaghetti code and it doesnt exist, retard

AAAAAAAAAAAAAAAA FUCK XRP

>this has nothing to do with that, 1/3 is a hard theoretical limit of any asynchronous consensus algorithm
wrong.
>cardano IS asynchronous AND is 50% byzantine fault tolerant. you should read the papers user, your understanding is faulty.
Ethereum fans are so desperate to shill their project as the bestest that they try and sell you on 25-33% byzantine fault tolerance (an effect of sharding the base layer) as a good thing, because muh slashing.
>but Cardano doesn't slash
oh, the butthurt this causes ETH fans, that Cardano developed a mathematically proven secure asynchronous consensus algorithm with 50% byzantine fault tolerance and doesn't need to slash.

All slashing does in this scenario is put all the risk onto the delegators, an attacker can gain control of a huge share of the network at minimal cost through offering 0% delegation fees and slashing provides no deterrent for the attacker. Unfortunately, delegators are misinformed of the risks involved plus it’s very difficult to actually verify identity / setup, and even then, it could just be a front to then later attack the network when offered a large bribe etc.