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Ethereum Miners Strike Back in Bid to Retain PoW Mining Community

Ethereum Miners Strike Back in Bid to Retain PoW Mining Community In a bid to save the Ethereum mining community, a group known as the Ethereum Genesys Foundation (EGF) successfully hard forked the chain to continue Proof-of-Work (PoW) mining. With the ETH 2.0 upgrade well underway, the switch to Proof-of-Stake (PoS) would render miners redundant. What’s more, miners claim they are slowly being phased out, even before ETH 2.0 is fully rolled out. Community splits are difficult at the best of ...
City Of United Kingdom Earl Mai Ethereum Genesys Community Sentiment Ethereum Foundation

Ethereum GeneSys Foundation has completed a 'hard fork' of Ethereum to reclaim staked ETH 2.0 coins, and incentivise the PoW mining community on the Blockchain network

Foundation has successfully executed a mining fork of Ethereum to save miners Khurram Shroff and Earl Ma, Maple Fork, Ethereum GeneSys Image Credit: Supplied Dubai: On April 15, Ethereum GeneSys successfully executed a mining fork of Ethereum. This fork, which took place in Toronto, is an effort to save the global Ethereum mining community from the Blockchain network’s proposed ‘Quick Merge’. The Ethereum GeneSys Foundation has successfully initiated a ‘...
United Arab Emirates Earl Mai Ethereum Genesys Vitalik Buterin Khurram Shroff Pearl Ma

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Ethereum GeneSys Foundation Has Completed A 'Hard Fork' Of Ethereum to Reclaim Staked ETH 2.0 Coins, And Incentivize The PoW Mining Community On The Blockchain Network

Share this article Share this article DUBAI, UAE  and TORONTO, April 20, 2021 /PRNewswire/ -- On April 15, 2021, Ethereum GeneSys successfully executed a mining fork of Ethereum.  This fork, which took place in Toronto, is an effort to save the global Ethereum mining community from the Blockchain networks proposed Quick Merge. The Ethereum GeneSys Foundation has successfully initiated a hard fork, which aims to reclaim staked Ethereum 2.0 coins and allocate it to incentivize the Ethereum mi...
United Arab Emirates Vitalik Buterin Earl Mai Ethereum Genesys Khurram Shroff Neha Kaul

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