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CATEGORY: ethereum pow


Sep 30, 2022 07:35

Ethereum PoW (ETHW): A New Ether Derivative

Ethereum PoW blockchain, which follows the old Ethereum proof-of-work principles, is gaining in popularity.

The post Ethereum PoW (ETHW): A New Ether Derivative first appeared on StealthEX.

Ethereum fork token ETHPoW climbs 150% after smart contract hack — A fakeout rally?

Author: Cointelegraph By Yashu Gola
United States
Sep 27, 2022 04:40

Ethereum fork token ETHPoW climbs 150% after smart contract hack — A fakeout rally?

ETHPoW's hash rate and total value locked have risen significantly during its latest bull run.

Sep 21, 2022 07:15

Mining EthereumPoW (ETHW) Crypto after the Merge of Ethereum

EthereumPoW (ETHW) is the name of the Proof of Work fork that continued as PoW after the original Ethereum (ETH) has switched to Proof of Stake after the so-called Merge of ETH that has happened on 15th of September. ETHW is mineable on a number of large pools already and is available for trading on […]

Nifty News: Rumors of new Yuga Labs collection quashed, Budweiser celebrates the Merge and more…

Author: Cointelegraph By Brian Quarmby
United States
Sep 16, 2022 08:20

Nifty News: Rumors of new Yuga Labs collection quashed, Budweiser celebrates the Merge and more…

Yuga Labs was said to be looking at raising around $50 million from the sale of 100,000 tokenized land plots, but the firm’s co-founder says it's all “fake news.”

ETHW Core to push on with Ethereum PoW fork 24 hours after Merge

Author: Cointelegraph By Stephen Katte
United States
Sep 14, 2022 08:30

ETHW Core to push on with Ethereum PoW fork 24 hours after Merge

ETHW Core plans to split off from the main ETH blockchain and maintain a PoW version to keep ETH mining alive beyond The Merge.

Chainlink says protocol will not support Ethereum PoW forks

Author: noreply@blogger.com (Unknown)
United States
Aug 08, 2022 02:55

Chainlink says protocol will not support Ethereum PoW forks

Chainlink Labs says its protocol will not support any forked versions of Ethereum (ETH) ahead of the highly anticipated ‘Merge’ event that will see the Ethereum network upgrade from a Proof-of-Work (PoW) consensus mechanism to a Proof-of-Stake (PoS) consensus layer.

Chainlink Labs not supportive of ETHPoW

Chainlink (LINK), whose team has said it targets ensuring continuity for its users within the Ethereum ecosystem, is among those to clearly say they won’t be supporting new versions of ETH.

The Chainlink Labs team said in a post on Monday:

The Chainlink protocol and its services will remain operational on the Ethereum blockchain during and after the Merge to the PoS consensus layer. Users should be aware that forked versions of the Ethereum blockchain, including PoW forks, will not be supported by the Chainlink protocol.”

According to the protocol, its unforeseen application-level risks on the PoW forks among other reasons provided the basis for the decision not to support any such forks.

The team is also advising developers and decentralised applications (dApps) teams to take steps towards protecting users, particularly where teams “are unsure of their migration strategy.”

“dApps operating on forked versions of Ethereum, including PoW forks, might behave in unexpected ways due to both protocol and application-level issues, introducing increased risk for users.”

As the Ethereum merge moves closer, calls among some within the ecosystem, especially miners, are looking at forking the blockchain to continue mining to the last juice using their ASICs. This idea has had some support from quarters, including Poloniex and Tron (TRX). Tron founder Justin Sun tweeted about the support on Monday.

#ETHS and #ETHW is on #TRON blockchain now supported by @Poloniex! https://t.co/KmxVUk6IaH

— H.E. Justin Sun?????? (@justinsuntron) August 8, 2022

However, many players say the move isn’t in the best interest of retail users and thus oppose any forking plans.

6. this fork chain will be a giant retail trap. miners, exchanges, traders are all trying to talk it up for their own self-interested reasons.

— Hasu???? (@hasufl) August 6, 2022

The Ethereum ‘merge’ event is expected on 16 September this year.

The post Chainlink says protocol will not support Ethereum PoW forks appeared first on Invezz.



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