How the hell is ETH still so broken?

Seriously, how many years has it been? We've been hearing "two more weeks" for ETH 2.0 for two years. What the fuck is Vitalik doing all day? Why are we still using it? In what universe is it perfectly okay to spend hundreds of dollars just to complete a transaction?

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First mover and network effects is the reason, and tech which cannot be fixed is the problem.
Assuming you made this thread so people will shill you some L1 shitcoin?

yea pretty much.
its just spaghetti code garbage run by a lgbt++ globalhomo loving retard who was mercilessly bullied out of btc community in 2013 for his flawed mastercoin/coloredcoin proposal
>in b4....world computer

Listen, ethereum sucks, but don't shit on it, it's the reason why all of us are here, it was a fantastic first step.

Ethereum is a shitcoin. Hedera Hashgraph is a paradigm shift.

I just bullied an hbar faggot until he started sobbing check it out.

they've already come out and said several times eth L1 will never have cheap transactions

btw as an eth holder i want gas fees to remain high. higher gas fees = more burn

burning is earning

>still

It was made as a good enough product to gain marketshare. Now they have the share they don't give a fuck.

Ah so I’m talking to KDA shill makes sense. Fuck off with your PoW scam. It’s unustainable and unscaleable.

>unscaleable
Explain how chainweb is unscalable.

> flawed mastercoin/coloredcoin proposal
summary?

merge is coming in June, like they have been saying for half a year now. use a rollup if you can't afford a 80gwei gas fee, which is actually quite low.

What merge do you mean and don’t zk rollups solve most of the ETH complaints along with PoS?

PoS doesn't solve anything, PoS doesn't increase blockspace. Why would PoS solve bloat do you even listen to yourself.
Rollups and L2 also doesn't solve anything

the merge merges the PoS beacon chain with the execution engine of the ETH chain, after that there will be no more mining. that doesn't really affect gas prices, but this is what ETH2.0 was mostly about. rollups work already, zkrollups will come too but optimistic rollups provide very low cost Defi stuff right now.

ETH is dying as we speak. Pushing the globohomo agenda is more important than make Ethereum a more enjoyable experience for your average Joe.

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>Rollups and L2 also doesn't solve anything
>30-100x cheaper transactions doesn't solve anything
user... i...
l2fees.info

Problem with L2 technologies is that the cost of transactions on the base layer is nearly guaranteed to go up over time as the complexity of those L2 solutions goes up to accommodate more types of transactions/contract interactions.
And anything that settles to a main chain, like the subnets from that one red shitcoin, cosmos, polkadot is all considered L2 and will run into the same problem.
Furthermore, rollups will be app specific, so devs will need to set up their own fucking L2, how is that not a bad idea, also to withdrawal you still need to pay L1 fees.
But wait it gets better, L2 is often centralized, so vitalik's endgame is taking a multibillion-dollar payments layer that's unregulated due to being decentralized and centralizing its payment processing layer (not validation/settlement), to the point that the layer becomes smaller than VISA. And somehow expecting a reg hammer to not drop on it once it goes live. I get that it's maybe possible to keep production censorship-resistant, yet all the "technically" arguments in the world can't stop a regulator with a small, finite list of payment processors to target.

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The amount of ETH competition makes me want to just start hoarding BTC.
PoS reduces carbon footprint which I don’t care about but is a major issue to a lot of people and investors. It does solve a problem, stupid bitch.

That's why we have Cardano OP