Cryptocurrency Q&A
What happens if Ethereum goes to zero?
What happens if Ethereum goes to zero?
Riccardo
Tue Oct 15 2024
|
7 answers
2217
I'm concerned about the possibility of Ethereum's value dropping to zero. I want to understand the implications and consequences if such a scenario occurs.
7 answers
SamuraiWarriorSoul
Thu Oct 17 2024
The potential decline of ETH to zero value would signify a catastrophic failure of the Ethereum protocol.
Was this helpful?
392
83
Ilaria
Thu Oct 17 2024
Such a scenario would undermine the fundamental consensus mechanism, be it Proof of Work (PoW) or Proof of Stake (PoS).
Was this helpful?
357
43
SamuraiCourageous
Thu Oct 17 2024
The consensus, which underpins the trust and security of the network, would become worthless in such an event.
Was this helpful?
369
61
Tommaso
Wed Oct 16 2024
For this extreme outcome to occur, an unprecedented and severe bug in the Ethereum protocol would need to exist.
Was this helpful?
244
34
SamuraiHonor
Wed Oct 16 2024
This hypothetical bug would have to be so pervasive that it completely disables the functionality of Ethereum.
Was this helpful?
170
50
Load 5 more related questions
