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Learning & News => News related to Crypto => Topic started by: sirty143 on August 15, 2022, 01:32:33 PM

Title: Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days
Post by: sirty143 on August 15, 2022, 01:32:33 PM

Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days

(https://i.imgur.com/Y4O5fVVm.jpg)

In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. See more for yourself here (https://news.bitcoin.com/proposed-ethereum-pow-fork-token-loses-half-its-market-value-in-less-than-6-days/).

Your opinion is greatly appreciated.

Title: Re: Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days
Post by: Senin on August 17, 2022, 06:27:38 AM

It’s still a little unclear to me how the yet unreleased ETHW coin can already be traded on the exchange, when it can’t be in the future at all. After all, this is all speculation. Whether such a coin appears or not, it is very problematic. In addition, we already have ETC, which continues to have a PoW algorithm. How will this coin differ from ETHW then? Within the next month we will receive answers to these questions.