eagerly awaited and Ethereum (ETH) Known as the PoW hard fork Merge The upgrade is expected in September.
As the mainnet will be PoS with the Merge upgrade, some miners insist on staying on PoW and EthereumIt also supports PoW fork.
While discussions about the hard fork that envisions the transition from PoW to PoS on the Ethereum network continue, the ETC Cooperative wrote a letter to Chandler Guo, a well-known miner supporting the Ethereum PoW hard fork.
Ethereum Classic (ETC) ETC Cooperative, which supports the project, said in his letter that he believes the Ethereum PoW fork will not work.
Stating that forking ETH will be the hardest thing to do right now, the cooperative said, Ethereum He also explained why the PoW hard fork won’t work:
“During the ETH/ETC chain split, supporting ETC was the simplest thing in the world,
This split had no impact on mining and miners continued to run the same client software. It was something that required zero effort.The tough coordination job was entirely on the pro-fork side.”
In the letter, it was stated that Chandler Guo and his team who want to fork ETH should also fork the Geth, Erigon, Besu and Nethermind codebases and remove the logic of switching to PoS.
It was stated that another challenge is to persuade miners to make changes to their mining software. It was also written that Chandler Guo and his team need to convince wallet providers, exchanges and other parties to support the ETH PoW fork.
“Overcoming all these challenges will be difficult and time-consuming.
In this context, even if Chandler Guo and his team complete all the necessary changes, it seems impossible to complete the Ethererum PoW fork on time.”
Finally, ETC Cooperative your stablecons and DeFiof ETH He said that if they do not support ETH, they will go to zero.
“During the ETH/ETC split, there were no Defi or stablecoins, so nothing was destroyed.
Now, most of the value on ETH is not just the native token Ether. Therefore, the new forked chain will be pretty useless for existing ETH users.”
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