Ethereum Is The Most Prospective Blockchain For Web3, Hard Forks Not Necessary – DeBank – Ethereum World News

Summary:

DeFi aggregator DeBank believes that Ethereum hard forks could be counterproductive.
DeBank also shared these remarks after naming ETH’s network as the most prospective chain for Web3 solutions and apps.

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Ethereum Hard Forks Will Not Receive Our Support – Chainlink – Ethereum World News

Summary:

Chainlink has declared its stance regarding the upcoming Ethereum PoS transition and possible network hard forks.
The oracle network supports Ethereum’s upgrade to a Proof-of-Stake consensus.
Forked versions of ETH’s Proof-of-Work blockchain will not be supported by the protocol.

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Crypto community divided over Ethereum hard fork

Following Chandler Guo’s public vow to fork Ethereum (ETH), the call for a hard fork has grown significantly, leaving stakeholders to pitch their tent on different sides.
Tron (TRX) founder Justin Sun and his crypto exchange Poloniex were one of the first supporters of the idea.

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Justin Sun’s Poloniex supports Ethereum proof-of-work hard fork

Justin Sun, Tron’s (TRX) founder, has revealed support for Ethereum’s (ETH) proof-of-work (PoW) hard fork.
In an August 4 tweet, Sun said he would donate some coins to the forked Ethereum PoW community to develop its ecosystem.

We currently have more than 1 million #ETH.

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Justin Sun Pledges 1 Million ETH To Hard Fork As Ethereum Miners Generate $11 Billion In 2022 – Ethereum World News

Summary:

Revenue from Ethereum mining has surpassed proceeds boasted by Bitcoin miners.
Arcane research shows that ETH miners have generated around $11 billion in 2022 so far.
Bitcoin miners have managed $10 billion as of press time.

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What’s next for the future of Ethereum? Mihailo Bjelic from Polygon explains

With the transition to a scalable, energy light proof-of-stake blockchain (dubbed “the Merge”) at play for Ethereum, many have cast doubts on the popular coin’s future given the magnitude and complexity of the upgrade involved.

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