Sirwin
Sirwin

Ethereum PoW or PoS?


 

The Poloniex exchange has announced that it will list two tokens as of August 8. These tokens will be ETHW and ETHS that correspond 1:1 to ETH. The tokens are the two potential forks of ETH after The Merge.

A group of miners is promoting a fork to keep Ethereum with proof of work, if the fork goes ahead the Ethereum chain will be duplicated. Poloniex will host both and allows you from August 8 to exchange your ETH for ETHW (with proof of work) or ETHS (with proof of stake). If the hard fork is successful, the tokens will be received on their respective chains. If the fork is not carried out, ETH will be received after The Merge. They also announce that they will support any other fork that could be carried out.

On the other hand, Justin Sun has also announced that he will donate a good amount of ETHW to the community developers in case the hard fork is successful.

 

Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

 

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The Crazy Dude
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I am interested in this new era we are coming into. I will post all the things I´ll found. @The_passenger80 follow me on Twitter


Cryptoworld by The Crazy Dude
Cryptoworld by The Crazy Dude

Initial nonfinancial advice for people who start their journey in this field, conspiracy news, and personal thoughts. Do not forget to follow all my advice if you want to lose your family because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

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