Vitalik Buterin calls out ETHW hard fork proponents as “trying to make a quick buck”

Vitalik Buterin Calls Out ETHW Hard Fork Proponents As "trying To Make A Quick Buck"


Vitalik Buterin Calls Out ETHW Hard Fork Proponents As "trying To Make A Quick Buck"

Talking in a closed press convention throughout South Korea Blockchain Week, Ethereum , Vitalik Buterin, referred to as individuals pushing for a tough fork of Ethereum to retain proof-of-stake “merely attempting to make a fast .”

Vitalik Buterin Calls Out ETHW Hard Fork Proponents As "trying To Make A Quick Buck"

Justin Solar not too long ago introduced assist for a tough fork of Ethereum post-merge by itemizing two new tokens on his Poloniex change. The tokens shall be named ETHS and ETHW, associated to proof-of-stake and proof-of-work, respectively. ETHW will characterize a newly created exhausting fork of Ethereum the place GPU miners proceed to mine Ethereum after the merge of the Beacon chain. Some Chinese language miners have reportedly signed as much as be part of this new chain along side Justin Solar.

Vitalik Buterin Calls Out ETHW Hard Fork Proponents As "trying To Make A Quick Buck"

Additional, Solar is seeking to incentivize a transfer to fork Ethereum to retain a model of the present community inside a proof-of-work chain. He’s providing as much as 1 million ETHW to construct a developer group ought to the chain grow to be realized.

Vitalik Buterin Calls Out ETHW Hard Fork Proponents As "trying To Make A Quick Buck"

We presently have greater than 1 million #ETH. If #Ethereum exhausting fork succeeds, we’ll donate some forked #ETHW to #ETHW group and builders to construct #ethereum ecosystem. https://t.co/ee4kGSuVoK

Vitalik Buterin Calls Out ETHW Hard Fork Proponents As "trying To Make A Quick Buck"

— H.E. Justin Solar🌞🇬🇩 (@justinsuntron) August 4, 2022

Vitalik Buterin Calls Out ETHW Hard Fork Proponents As "trying To Make A Quick Buck"

Vitalik said that he has seen nothing however assist for proof-of-stake from inside the group and famous that most individuals who wish to retain proof-of-stake are “outsiders” from the Ethereum ecosystem.

Vitalik Buterin Calls Out ETHW Hard Fork Proponents As "trying To Make A Quick Buck"

Justin Solar, the founding father of the Tron blockchain, is undoubtedly an outsider to the Ethereum ecosystem by many accounts. Vitalik additionally referenced that proponents of a tough fork “personal exchanges and are simply attempting to make a fast .”

Talking on a query as as to if a tough fork might points with NFTs residing on each forked chains, Vitalik replied, “I foresee market confusion if that proof-of-work exhausting fork turns into one thing substantial.”

Nonetheless, Vitalik rapidly put the onus on the proof-of-work chain as an alternative of accepting that this might points with what many will contemplate “mainnet.” Ought to a fork achieve traction, Vitalik expressed, “I’m certain there’s going to be issues… in the event that they wish to make a fork, it’s on them to mitigate these issues.”

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