Ethereum's proof-of-work fork will occur 24 hours following the Merge, according to a thread posted Monday on the EthereumPoW Twitter feed. JPRubin23 reports.
Ethereum's proof-of-work fork will occur 24 hours following the Merge, according to a thread posted Monday on the @EthereumPoW Twitter feed.
"...Everything including final code, binaries, config files, nodes info, RPC, explorer, etc. will be made public when the time’s up," the thread said. Merge block +2049 will be the first to note any transactions on ETHW."Block rewards for the empty blocks will be directed to the 1559 multi-sig wallet," the thread said.
Some of Ethereum’s miners – those who run computers to process and validate transactions on the current proof-of-work network – plan to keep the old network up and running.
United States Latest News, United States 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 🎙️
Read more »
Podcast: Bitcoin Rallies as Merge Gains Momentum | CoinMarketCapIn today's CoinMarketRecap cryptopodcast The Merge approaches, a man loses $1M in a scam, stolen crypto is recovered from North Korea and more 🤔
Read more »
'Miners Will Be Broke': Proof-of-Work Supporters Warn Ethereum's Merge Will Destroy Businesses | CoinMarketCap.ChandlerGuo is worried the PoS consensus mechanism will affect Ethereum's censorship resistance.🤔 Meanwhile, despite wanting Ethereum to remain PoW, justinsuntron is 99% sure that this is going to be a successful launch 💪
Read more »
64% of staked ETH controlled by five entities — NansenBlockchain analysis firm Nansen delves into the distribution of staked ETH as Ethereum's Merge draws closer.
Read more »
CME Group premiers ETH futures options trading as the world braces for The MergeCoinciding with the week of the Merge, Chicago Mercantile Exchange Group announced on Monday the launch of options trading for its Ether futures products.
Read more »
Ethereum Merge makes network more vulnerable to attack — Security expertEthereum’s transition to proof-of-stake could make the network less secure and more vulnerable to attacks compared to proof-of-work, a security expert warns.
Read more »