Ethereum Will Miss Proof-of-Work When It's Gone, Justin Sun Claims | CoinMarketCap

  • 📰 CoinMarketCap
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Coin Coin Headlines News

Coin Coin Latest News,Coin Coin Headlines

'People will start to realize that Proof-of-Work is essential to a smart contract platform,' said Sun 👀

A vocal critic of The Merge has claimed the Ethereum community will miss Proof-of-Work when it's gone.

"If Coinbase starts to censor transactions or does something that their customers feel misaligned by, the customer will just take their Ether back, which they own, and then reroute it to a different exchange."The Tron founder is supporting a Proof-of-Work hard fork so mining can continue, and he suggested developers have a "very good opportunity" to build new infrastructure.

The Merge is going to deal a huge blow to miners because they'll no longer generate income by verifying transactions on the Ethereum blockchain. Instead, that responsibility will fall to validators.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Buy and hold $Koin koinosnetwork

Best blockchain for future koinosnetwork koinos

Justin Sun warning of the risks of PoS when the stake is in hands of the exchanges. lol Lesson learned... koinos

Dump $ETH Buy $RVN

Green is better than paper.

🚀💜

This are occasional dealings

Yea, it's quite essential.

okinami 👀👀

Sun is a scam boy and actually a shit project. It have stole all of the funds of TRX and create TronDAO to not get abused. Remember manifestation in China next to Tron headquaters in China.

CORE Satoshi 👍🏼

How comee everyonee is silent on thiss

Why is everybodyy silent on thiss.

. * . 🛸 * .🌙 * . * 🪐 * * 🌑 . * * . 🌍* . .🚀 * 💫 * . * . . *. ✨ LUNC to the MOON * . * 🌑 . * * . * 🌕 . * . * 🛸. * 🪐

Oleyy oleeeeeeyy oleyy SHIBA OLEY SHIBA oleeeeeeyy oleyy SHIBA oleeeeeeyy oleyy SHIBA yansın ortalık güvenin sonunakadar SHIBA 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀Sömürün parcalayın oleeeeeeyy bu fırsatı kaçırmayın

It's live now airdrop on👏

Why are they keepinnnJTDY thiss a secret.?

I'm so excited to tell you about HZMCoin🚀🤑 is Traded on seven platforms📣Powered by SimplexCC📣I got the official CertiK kyc badge📣I got the blue tick as a trusted currency in has four strong projects hzmcoin is growing fast put your eyes on it malarab1

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 290. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'This Has Always Been the Plan': Miners Opposed to Ethereum's Merge Criticized | CoinMarketCapMiners opposed to Ethereum's Merge are being criticized — with TrustlessState saying: 'This has always been the plan. Miners who have been aligned with the Ethereum protocol have been accounting & preparing for this.' 🤔 More details w CMC Podcast 🎙️ TrustlessState Just make the price go up. The world is crumbling. TrustlessState 👍🏻 TrustlessState How come no onee is talkingg about this
Source: CoinMarketCap - 🏆 290. / 63 Read more »

Merge Ready: Ethereum Completes Last Shadow Fork Before the TransitionEthereum went through the last shadow fork before the Merge successfully.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Bank of America Says the Ethereum Blockchain’s Upgrade May Lead to Greater Institutional Adoption of EtherInvestors who are barred from buying tokens that run on proof-of-work systems may be able to buy ether after the blockchain switches to proof-of-stake, the bank said. BankofAmerica ethereum willcanny99 BankofAmerica ethereum willcanny99 Maybe there's a light at the end of the tunnel after all. BankofAmerica ethereum willcanny99 Did you mean to say 'ethereum’s Merge upgrade gives control back to the banks to increase institutional adoption of ether'? that sounds more factually accurate :)
Source: CoinDesk - 🏆 291. / 63 Read more »

Bitcoin proponent claims PoS rewards aren't 'yields,' Vitalik snaps backUdi Wertheimer stirred up a debate on Twitter after his dig at the PoS system’s yield rewards, invoking reactions from many, including Ethereum co-founder Vitalik Buterin. 🚀 Thnks a millon. Woow ! 🔥 I wish I discovered this earlier...🔥🔥 🚀 Thnks a millon
Source: Cointelegraph - 🏆 562. / 51 Read more »