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Author Topic: Benefit of Ethereum hard fork  (Read 3013 times)

Offline Munareal

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Benefit of Ethereum hard fork
« on: January 27, 2019, 10:13:03 AM »
When Ethereum undergoes hard fork. Is there benefits to the coin holders as in getting new coins in relating to ether holding

Altcoins Talks - Cryptocurrency Forum

Benefit of Ethereum hard fork
« on: January 27, 2019, 10:13:03 AM »

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Offline KYB40

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Re: Benefit of Ethereum hard fork
« Reply #1 on: January 27, 2019, 07:40:14 PM »
Eth holders will not receive any free coin from the constantinople hardfork. Some tried to offer free coins before but they were all scams.

Offline pat4cryptoreal

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Re: Benefit of Ethereum hard fork
« Reply #2 on: January 28, 2019, 03:35:44 PM »
I think the benefit of Ethereum hard fork is not free coin but the platform will become proof of stake which means the more coin  miners and individual have the more profit  they will make.

Offline team87

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Re: Benefit of Ethereum hard fork
« Reply #3 on: January 29, 2019, 04:56:20 PM »
One of the benefits of Hardfork ethereum is that many investors and the cryptocurrency community believe that the hardfork will make the price of Ethereum go up (bullish), and I am also waiting for further news. To this day I have not received significant news.
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Offline alfian141

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Re: Benefit of Ethereum hard fork
« Reply #4 on: January 30, 2019, 12:40:08 AM »
benefits of Hardfork ethereum is system will migration from POW to POS, speed transaction will faster. So it also make market ethereum bullish.

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Re: Benefit of Ethereum hard fork
« Reply #5 on: January 30, 2019, 09:27:53 AM »
When Ethereum undergoes hard fork. Is there benefits to the coin holders as in getting new coins in relating to ether holding
No, there is no additional coins just like the bitcoin cash hardfork. It was just like a system upgrade that turns their mechanism into Proof of Stake(POS) from Proof of Work(PoW) which gives you a coin when you stake it on your wallet.

Offline Bobcrypto

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Re: Benefit of Ethereum hard fork
« Reply #6 on: January 30, 2019, 04:49:16 PM »
Yea, this is simply an upgrade as you rightly said, an improvement proposals (EIPs) to smooth the transition from PoW to PoS. And once there is a hard fork, they would fundamentally change the Ethereum blockchain via a host of new upgrades.

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Re: Benefit of Ethereum hard fork
« Reply #6 on: January 30, 2019, 04:49:16 PM »


Offline Stuart

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Re: Benefit of Ethereum hard fork
« Reply #7 on: January 30, 2019, 05:22:37 PM »
This should be an upgrade not a split of chain. The upgrade is to improve the system of ETH from PoW to PoS. I hope this will be a good one for the market situation.

Offline anu1980

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Re: Benefit of Ethereum hard fork
« Reply #8 on: January 31, 2019, 09:22:40 AM »
This should be an upgrade not a split of chain. The upgrade is to improve the system of ETH from PoW to PoS. I hope this will be a good one for the market situation.

Technically, it's still a hard fork, because it won't be compatible with the previous chain and if there are some nodes who wish to run the old chain, then it will result in a chain split. It's also debatable whether the move from Pow to PoS is really better or not, at least there are people who argue PoW is better while the rest looks for PoS.

Offline Nolkupit46

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Re: Benefit of Ethereum hard fork
« Reply #9 on: February 03, 2019, 10:19:34 AM »
I don't see any benefits having Ethereum hard fork because after Ethereum hard fork Ethereum price again falling down.
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Offline Theroyals

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Re: Benefit of Ethereum hard fork
« Reply #10 on: February 03, 2019, 05:59:20 PM »
One direct advantage for investors holding ethereum is to get coins for free. So that many will take advantage of this situation to get coins for free from hardfork results.

 

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