Chinese Miner Claims Ethereum PoW Fork ‘Coming Soon’, Despite Existence of ETC – Bitcoin News
According to Chandler Guo, an influential Chinese Bitcoin miner, a Proof of Work (PoW) release of Ethereum is “coming soon.” The news comes as the consolidation is expected to take place on Ethereum during the week of September 19, and discussions are mounting to delay the highly anticipated Proof of Stake (PoS) transition.
Chinese miner Chandler Gu says ‘Ethereum PoW’ is coming soon
Chandler Guo advertiser That a Proof of Work (PoW) release of Ethereum will be ‘soon’ before it merge It was recorded in the week of September 19th. Guo is a well-known Chinese cryptocurrency miner, and last week Wrote It might fork once, and “you’ll spawn it again.” However, Guo’s statement contradicts the way it officially appeared in the summer of 2016, when Ethereum Classic (etc.) chain to the world.
I’m Chandler Guo, 51% attack on Ethereum Classic (etc.It comes with my 98G hash rate https://t.co/9VM6vPa8CS
– Chandler Guo (@ChandlerGuo) July 24, 2016
At that time, Guo threatened to 51% attack etc. A chain with approximately 98 gigabytes of hashes in July 2016. The following month, Guo Tell The audience said he was “mistaken” and added, “This is not a joke. This is a revolution. This is freedom. Guo added at the time. Despite how it happened, Guo played some part during it.” etc.early days.
People are responding to Guo’s tweet saying that the PoW version of Ethereum is already in Ethereum Classic
Most people were confused by Guo’s comment that a PoW version of Ethereum will be released soon. “there etc. previously. The real immutable Ethereum, “one person replied To Guo while sharing a file Article – Commodity Which says Antpool from Bitmain will support etc. By injecting $10 million into the Ethereum Classic ecosystem. Guo shared another tweet about the PoW version of Ethereum and said,ETH PoW is DAO. “
etc. I’ve actually received some Proof of Work hash rate over the past few weeks as the chain hash rate is there 26.07 tarrash per second (TH/s) of hash power. ETHThe hash power of is heading towards 1.01 Bithash per second (PH/s) or approximately 1000 TH/s. ETH It rose 52% against the US dollar over the past month and in the same time frame, etc. Gained 134% against the dollar.
– OmniEdge – Free Humanity 🌞🧡☘️🌋🔑⚡ (CryptoHolon) July 31, 2022
etc. It has seen support from different parts of the ecosystem and Grayscale has released a file etc. Trust January 2017. Ethereum Classic has a much lower hash rate than Ethereum today and etc. 51% have suffered an attack in the past. In fact, etc. 51% was attacked on numerous occasions and faced delisting from multiple exchanges in January 2019 and August 2020.
I fork Ethereum once, I will fork it again https://t.co/3DdlZ3zMz9
– Chandler Guo (@ChandlerGuo) 27 July 2022
In addition to Guo’s comment, crypto hedge fund Galois Capital participated in a survey the same day that also discussed the possibility of an Ethereum chain split. At the time, Paolo Arduino, Tether’s chief technology officer, clarified that his company would support the PoS version of Ethereum after the merger.
What do you think of Chandler Joe’s talk about the Ethereum PoW chain? Tell us your thoughts on this topic in the comments section below.
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