The Ethereum Merge Resistors: Can They Succeed?
Ever since a prominent Chinese Ethereum miner announced his intention to resist the upcoming Ethereum merge and create a new, parallel network and cryptocurrency, the idea has begun to gain some traction. But how far can it really go? The miner, Chandler Guo, launched a campaign last week to draw opposition to the merge—the network’s imminent and much-anticipated transition to Ethereum 2.0 and proof of stake. Guo plans to hard fork the Ethereum network once it transitions to proof of stake next month, and in doing so create a spinoff, proof-of-work version of the network, called ETHW. Experts on the subject seem ... (full story)