There are new threads online popping up highlighting that Etehreum holders and hopping into the Cardano wagon.
Check out what the Team Plutus Twitter account posted not too long ago:
We welcome all Eth hodlers with open arms at Cardano.
— Team Plutus – #Cardano Stake Pool (@PlutusPool) November 13, 2020
Someone noted that “Only people excited about ETH 2.0 roadmap are mostly speculators, newbies not close to tech underneath and people/companies highly dependent on #Ethereum. Many will get disappointed when they realize things are no longer attainable, then Ethereum 3.X will be the next thing…”
A follower said: “I think ETH 2.0 might have a little trouble getting enough ETH in the smart contract to start ETH 2.0 beacon chain any time soon.”
A fan from the Cardano community tweeted this message:
Good observation. So the options are:
1. Transfer + lock ETH for two years and maybe get some returns IF ETH2.0 comes online.
2. Hold ETH while the sheep are hearded into ETH2.0–>reduced supply—>price increase—>sell and move to #Cardano.
No wonder a tiny fraction is staked.
— Umed Saidov, CFA 🇺🇸 (@RealSaidov) November 15, 2020
Anyway, earlier today we’ve addressed a similar issue.
Cardano community revealed Ethereum 2.0 issues
The Cardano community just pointed out some issues that could surround the Ethereum 2.0.
Here’s the tweet that a member of the Cardano community shared.
Some #ETH 2.0 issues:
1.The initial stake is very high.
2.Uncertain roadmap of staking rewards.
3.The process of moving from ETH1 to ETH2 is extremely complicated.
4.There can be many variations of the staking reward rate.
5.Uptime needs to be maintained.
Staking #ADA is so easy. pic.twitter.com/PflrZAztPQ
— Phú Cardano (@thanphu79) November 15, 2020