Sunday, August 7, 2022

Upgrading the Ethereum model will lead to the departure of miners and new forks.

The creator of Ethereum, Vitalik Buterin, said that the exodus of miners to other blockchains for the sake of mining cryptocurrencies according to “classic” rules will not prevent a large-scale network upgrade. The Merge event, with which Ethereum will switch to the Proof-of-Stake (PoS) model, will leave millions of miners out of work - some may migrate to Ethereum Classic or create a new fork.

“I don’t think that another fork will somehow harm Ethereum. In general, according to my impressions, almost everyone with whom I talked in the Ethereum ecosystem supports the PoS direction, it unites the ecosystem, ”Bloomberg quotes Mr. Buterin’s speech at the webinar... Detail: https://bitcoingrandee.com/news NEWS Cloud mining bitcoin. Sign Up - https://bitcoingrandee.com BITCOIN

Upgrading the Ethereum model will lead to the departure of miners and new forks.


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