Ethereum бириктирүү, by far the market’s most-anticipated event, will soon take place (potentially in September). As expected, excited ETH supporters remain bullish as it would improve the network’s efficiency and reduce its environmental impact.
Now, with the transition looming in the near future, many major players have planned their next moves.
What’s your take?
Тартып өтүү Proof-жылдын иш (Pow) үчүн Proof-жылдын кадалып (POS) would merge ETH’s main mainnet with the Beacon Chain. In doing so, it will complete the process and eliminate miners’ involvement here.
Obviously, not everyone seems to see eye-to-eye, especially ETH miners. Чандлер Гуо, a prominent Chinese crypto-miner led this debate recently. Guo Twitter алды last week and announced that he would fork the Ethereum blockchain to “ETH POW.”
To support this, the not-yet-born Ethereum PoW version even has a website called ethereumpow.org.
Now, the aforementioned initiative gained traction as it got support from renowned crypto-exchanges. Starting with Huobi, the team in an 8 August blog post деген,
“As long as the ETH forked assets meet our security requirements, we will take the first move to support users to hold the assets and earn rewards. Trading services for those coins will be available as soon as possible per our rules.”
Global Huoban would distribute forked assets (including, but not limited to ETH) if the platform’s requirements are met. Moving on to the cryptocurrency exchange Poloniex, backed by Tron’s Джастин Sun it жарыялады that the trading platform would list ETHW and ETHS.
ETHW and ETHS trading is now live on @Poloniex! We planned to go live on August 8th, but after strong community demand, we managed to deliver the product 18 hours early to go live on August 7th 4pm SGT! Enjoy trading! https://t.co/i09TeskJvg
- АЛ Джастин Сан??? (@justinsuntron) August 7, 2022
Notably, Sun promised an бөлүштүрүү of ETHW to developers and community members that would make the hard fork a reality. Meanwhile, MEXC, another crypto-service provider, announced its support in a блог. команда кошо,
“To mitigate the risks caused by market volatility during the hard fork and safeguard users’ assets, MEXC will list two potential forked ETH tokens and the associated markets.”
Indeed, these listings would create a division amongst ETH loyalists who might have to choose between the two related networks.
Calling out the newbie
Starting right with the leader Vitalik Buterin, crypto-journalist Colin Wu re-shared his narrative in a 7 August tweet.
Cryptoslate: Vitalik Buterin called people pushing for a hard fork of Ethereum to retain POW “own exchanges and are just trying to make a quick buck”, “I foresee market confusion if that proof-of-work hard fork becomes something substantial”. https://t.co/lfgJHCoOOt
- Wu Blockchain (@WuBlockchain) August 7, 2022
Ошол эле учурда, Chainlink protocol took a similar approach as well. In an official кулактандыруу, Chainlink revealed its services would remain on the Ethereum blockchain, post the long-awaited Merge.
In addition to this, Bitmex Research published a блог called “ETHPoW vs ETH2.” It examined a hypothetical debate over the two potential Ethereum networks, even highlighting the technical challenges that ETHPoW could face soon.
Source: https://ambcrypto.com/ethereums-eth-latest-debate-focuses-on-pow-v-pos-with-players-choosing-sides/