Huobi Says It Will List Any Ethereum Hard Fork Coins After the Network Switches proof-of-stake (PoS), as long as it meets the company’s five requirements.
“As long as the assets forked out meet our security requirements. We will continue to support users in holding assets and earning rewards,” Huobi wrote in theblog post “Trading services for those coins will be available as soon as possible according to our rules after we receive a snapshot of user feedback.”
Ethereum is approaching a switch to PoS from its former PoW-based, a long-awaited change known as “the merge” and could happen in September. Spent billions on mining equipment that can no longer mine Ethereum.
While miners cannot stop the merge process, they can hard fork Ethereum and build their own version of the network. where the change never happened
The possibility of an Ethereum miner-led fork gained momentum after influential Chinese miner and crypto investor Chandler Guo. announceLast month, he said he would hard fork the network to create a PoW network he called “ETH POW.”
Ethereum’s previous hard fork created what is now known as Ethereum Classic, a token that remains one of the most powerful tokens in existence. 20 The largest crypto assets by market cap.
The post Huobi revealed!! Ready to List Any Ethereum Hard Fork Coins After the Network Switches Proof-of-stake (PoS) appeared first on Bitcoin Addict.