FTX Acknowledges ETHPoS But Does Not Exclude Fork ETHPoW
Finally, the FTX exchange also expressed its stance on the split scenario after The Merge.
Following the fork events following The Merge, many parties have expressed their support or disapproval of Ethereum Proof-of-Work or ETHW. This led to controversy in the community.
Units like Tether or Circle have voiced their support for PoS, and so is Vitalik Buterin. The founder of Tron, leaning towards PoW, can still survive after The Merge.
As for the exchange, most of them are neutral, saying they will support the Ethereum 2.0 upgrade but do not mention the possibility of listing ETH PoW forks. Binance, BitMEX exchange also had a similar announcement.
On August 15, 2022, the FTX exchange finally spoke about this incident.
FTX predicts ETH PoW forks after Ethereum deploys The Merge on September 15-16. The exchange will evaluate and decide to distribute hard fork tokens to users and then list fork projects according to the exchange’s criteria. The ETH token used on FTX is for Ethereum Proof-of-Stake or the sole project of Vitalik Buterin and the Ethereum Foundation.
As such, FTX asserts that only ETH PoS is unique but also leaves open the possibility of listing fork projects if appropriate.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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FTX Acknowledges ETHPoS But Does Not Exclude Fork ETHPoW
Finally, the FTX exchange also expressed its stance on the split scenario after The Merge.
Following the fork events following The Merge, many parties have expressed their support or disapproval of Ethereum Proof-of-Work or ETHW. This led to controversy in the community.
Units like Tether or Circle have voiced their support for PoS, and so is Vitalik Buterin. The founder of Tron, leaning towards PoW, can still survive after The Merge.
As for the exchange, most of them are neutral, saying they will support the Ethereum 2.0 upgrade but do not mention the possibility of listing ETH PoW forks. Binance, BitMEX exchange also had a similar announcement.
On August 15, 2022, the FTX exchange finally spoke about this incident.
FTX predicts ETH PoW forks after Ethereum deploys The Merge on September 15-16. The exchange will evaluate and decide to distribute hard fork tokens to users and then list fork projects according to the exchange’s criteria. The ETH token used on FTX is for Ethereum Proof-of-Stake or the sole project of Vitalik Buterin and the Ethereum Foundation.
As such, FTX asserts that only ETH PoS is unique but also leaves open the possibility of listing fork projects if appropriate.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Harold
CoinCu News
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