Tron founder Justin Sun has become one of the most prominent investors to announce support for Ethereum hard fork coins after the blockchain switched to gimmicks. proof-of-stake (PoS), an event known as The Merge, is expected to take place in September.
Using proof-of-stake (PoS) will make networks more environmentally friendly. It also means the end of income for Ethereum miners.
We currently have more than 1 million #ETH. If #Ethereum hard fork succeeds, we will donate some forked #ETHW to #ETHW community and developers to build #ethereum ecosystem. https://t.co/ee4kGSuVoK
— HE Justin Sun
(@justinsuntron) August 4, 2022
“We currently have over 1 million ETH,” Sun said in a tweet. “If the Ethereum hard fork is successful, we will donate some #ETHW to the #ETHW community and developers to build the ecosystem.”
Poloniex, owned by Sun, was provided.support Ethereum fork whichIt is now called EthereumPOW. and will list the hard fork tokens now known as ETHW.
Additionally, the USDD stablecoin, in which Sun has invested billions of dollars, will become “the first stablecoin in the EthereumPOW ecosystem.” follow tweenreport
Another major contributor to the hard fork is Chinese miner Chandler Guo, who previously participated in the 2016 Ethereum fork of Ethereum Classic, which he said would try to “hard fork” Ethereum to maintain it. network old proof-of-work and allows miners to create cryptocurrency with existing equipment by calling it ETHPOW
refer : LINK
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