ETH/USD 4-hour chart: Massive green candlesticks drive prices higher – 
Ethereum price chart by TradingView There is nothing but substantial green candles and overstretched Bollinger Bands on the hourly charts. The rise of ETH/USD is well reflected in the price’s meteoric increase in the last two days alone. The price is now just under the psychologically important $2,500 level,
The rising wedge pattern is further supporting the bullish Ethereum price prediction. The same pattern is in line with the symmetrical triangle pattern currently in an increasing slope. In Ethereum price prediction studies, every indicator is deep in the bullish territory post the colossal breakout. Both the 25-day and 50-day simple moving averages are supporting the upward trend.
The RSI is at 81, and the MACD indicator is showing a vast crossover with an upward slope. So, it is just a matter of time to reach the $2,500 level. When the $2,500 level is achieved, the investors must focus on the $3,000 as the next target.
Contents
- 1 What is the next big cryptocurrency to explode in 2022?
- 2 Can ETH reach $5000?
- 3 Should I sell my ETH before the merge?
- 4 Will there be a crash in crypto in 2022?
- 5 How high can ETH realistically go?
- 6 Where will ethereum be in 10 years?
- 7 When did Ethereum hard fork go live?
- 8 What happens to my Ethereum when 2.0 comes out?
- 9 Can staked ETH be lost?
- 10 Is Ethereum 2.0 a hard fork?
- 11 What does Ethereum hard fork mean for miners?
What will happen with Ethereum hard fork?
Proclaimed to be “the most significant upgrade in the history of Ethereum,” the long-awaited Ethereum Merge is finally slated to occur in mid-September. The existing execution layer of Ethereum will transition from a proof-of-work protocol (POW) to a proof-of-stake protocol (POS), which is intended to improve the blockchain’s energy efficiency and increase its transaction throughput.
- The consensus protocol is the core element of all blockchains: since it determines the “correct” block in the blockchain, it confirms what data and transactions should be added to the blockchain record.
- However, despite the expected benefits of POS many miners who have kept the Ethereum blockchain running in the years since its inception have invested significant resources in the POW model – resources that will be devalued in a POS model.
If a significant number of Ethereum users continue using the POW model, the blockchain could fork into two separate blockchains – ETHPOS and ETHPOW ( the Ethereum Merge will not directly affect the existing Ethereum Classic blockchain, which uses POW ),
Post-Merge hard fork If a hard fork does occur on Ethereum, it would raise unique questions for many token ecosystems built on top of Ethereum such as governance tokens; non-fungible tokens (NFTs) and tokens linked to real-world products. Here, we will focus on the effect on NFTs because Ethereum is the dominant chain for most NFT issuances.
Blockchains have experienced forks in the past, but the Ethereum Merge is unique in many ways because of the many applications built on top of it. For example, the original, and largest, blockchain, Bitcoin, has forked innumerable times since its launch in 2008.
- However, the Bitcoin blockchain does not have NFTs based on it.
- And while Ethereum underwent a major fork in 2016 due to a hack that drained The DAO of 3.6 million ether, creating Ethereum and Ethereum Classic, NFTs had not yet become a major application on the Ethereum blockchain.
- When a hard fork occurs, the blockchain is duplicated, and every transaction prior to the fork is the same on both blockchains up to the fork,
Then, like a tree branching out, future transactions on the separate blockchains diverge and are determined by each blockchain’s separate protocol. While many people buy NFTs to own an avatar, an artwork, or an event ticket, in reality purchasers are usually receiving a tokenID (stored on a blockchain) and metadata that refers to a form of storage where the artwork resides (such as AWS or IPFS).
- In a fork, the tokenIDs the purchaser received before the fork duplicate and continue to exist on each blockchain.
- So, in the case of any fork that occurs after the Ethereum Merge, new NFTs will either be minted on the ETHPOW blockchain or the ETHPOS blockchain, but any NFTs that existed on the Ethereum blockchain prior to the Merge will duplicate and exist on both ETHPOS and ETHPOW.
Questions about NFT licenses in a hard fork Although US copyright law does not automatically grant buyers of artwork the right to reproduce, adapt or even publicly display the artwork, often NFT creators will license such rights to purchasers when they buy an NFT.
But some interesting questions arise in the event of a hard fork and the subsequent duplication of the then-existing Ethereum NFTs and their continuing co-existence on the divergent Ethereum blockchains, which NFT holds the license to the artwork that was granted to the purchaser when they bought the NFT from the creator? Does the license exist on the ETHPOW blockchain or the ETHPOS blockchain? And who decides? The NFT creator? The NFT holder? If the NFT holder sells the NFT to a buyer on the ETHPOW blockchain, but continues to hold the NFT on the ETHPOS blockchain, does the license remain with the holder or transfer to the new purchaser? Since licenses are not applied consistently across projects, the answers to these questions depend on the license agreement entered into between the NFT creator and the original purchaser.
In the absence of clear guidance from the license agreement, however, the ownership of the license may be ambiguous and disputes may arise between the parties. The recent CryptoPunks License Agreement from Yuga Labs is an interesting example: the agreement expressly permits Yuga Labs to “designate” which NFT on which chain holds the license agreement.
- This approach was also followed by Can’t Be Evil template licenses published by a16z (DLA Piper participated in drafting those licenses).
- Indeed, there exists legal precedent allowing blockchain service providers to delineate their responsibilities in the event of a fork.
- In Archer v.
- Coinbase, a California appellate court affirmed summary judgment in favor of a cryptocurrency exchange against a user who had claimed that the exchange was obligated to provide him access to all forked versions of the Bitcoin he had in his exchange account.
The court reasoned that the exchange’s user agreement contained no term obligating the exchange to support all forks. Following Archer, blockchain asset trading platforms (including NFT trading platforms) often expressly provide in their terms of service that they retain the right to determine which of any blockchain forks they may support.
What is the next big cryptocurrency to explode in 2022?
DeFi Coin – Popular Pick for the Next Cryptocurrency to Explode in 2022. Cardano – Leading Blockchain Network with Rebound Potential. Ripple – Popular Crypto Project Set to Bounce Back in 2022. ApeCoin – Next Best Crypto with ‘Meme Coin’ Potential.
Can ETH reach $5000?
Ethereum Price Prediction for 2023: Between $2,400 and $5,000 – There are two major factors expected to influence the direction of ether’s price in the next year: the timely rollout of ethereum’s big update in September and evolving investor sentiment on risky assets amid an uncertain economic outlook.
Konstantin Boyko-Romanovsky, CEO and founder of Allnodes, expects ETH to reach $5,000 following the upgrade. Coinpedia predict s ETH to start 2023 on a bullish note above $3,000 if the network sees a reduction in congestion and gas fees and further adoption following its massive upgrade. If the network struggles to increase adoption following the upgrade or the crypto market remains slumped, ETH could end 2023 at nearly $2,400.
According to Coin Price Forecast, ETH could reach $2,600 when 2023 draws to a close.
Will there be a hard fork for Ethereum?
Is an Ethereum Hard Fork happening in 2022? – The Ethereum Foundation and core developers have shared no official plans that involve forking the existing blockchain. However, there are still many Ethereum miners pushing for a fork without the Ethereum Foundation.
Should I sell my ETH before the merge?
Ethereum Merge is Complete — Here’s What It Means for Investors On Sept.15, a few minutes before 3 a.m. Eastern time, switched from using energy-intensive technology to a more sustainable system in a major update called “the merge.” In the hours following the merge, the price of Ether, or ETH — the platform’s native — held relatively steady.
Nine hours following the merge, it was down just 5% compared with the price at the time of the transition. This technological overhaul of the world’s second-most valuable cryptocurrency by market cap was years in the making. With the implementation, blocks of new transactions went from being verified by computers solving massively difficult math problems to a system that uses financial incentives and penalties to accomplish the same task.
This change could reduce the network’s power consumption by more than 99.95%. To explain this transition, the Ethereum Foundation used an analogy comparing Ethereum to a spaceship in mid-flight: “The community has built a new engine and a hardened hull.
After significant testing, it’s almost time to hot-swap the new engine for the old mid-flight. This will merge the new, more efficient engine into the existing ship.” So what was wrong with the old engine? Mainnet, the blockchain used since Ethereum’s inception in 2015, used a system called to securely add new transactions and other information.
Proof-of-work requires user computers to solve increasingly difficult computations before being allowed to add a new block — and earn crypto rewards. This method, known as mining, is used by many cryptocurrencies including Bitcoin. Mining is secure, but it’s also energy-intensive.
The Ethereum network consumed the same amount of energy on a yearly basis as some entire countries consume in the same time frame. » Learn more: is an alternative that consumes less energy. Instead of devoting electricity, which fuels computing power, users who want to be part of the verification process put their personal cryptocurrency on the line in a process called,
These users, called validators, are randomly selected to verify new information to be added to a block. They receive cryptocurrency if they confirm accurate information. If they act dishonestly, they stand to lose their stake. The technology behind the merge was tested for nearly two years on a blockchain called the Beacon chain that ran alongside Ethereum’s original Mainnet network.
- When the merge occurred, the information stored on Mainnet transferred to the Beacon chain — the mid-flight-rocket-engine swap in Ethereum’s parlance.
- » Learn more: It’s impossible to know exactly how the merge will play out in the long term, but investors may want to consider the following factors: No action is needed.
If you owned ETH before the merge, you don’t need to do anything, according to the network’s website. Scams could be on the rise, so watch out. Ethereum warns against scammers who suggest you need to upgrade or transfer to a new token, like “ETH2.” No such token exists.
The flow of new coins has slowed. The rate at which new ETH tokens enter circulation went down about 90% because mining rewards, which are larger than staking rewards, are no longer paid out. Gas fees and transaction speeds are the same. Congestion and high transaction costs, including, have been a sore spot for Ethereum in general.
The merge did not immediately change either of these issues. Sharding will become possible. Sharding splits validation work into smaller amounts and allows the network to handle more transactions. This could increase the number of participants in the Ethereum network by allowing devices such as phones to become nodes, all of which might address the congestion described in the point above.
- But here’s the kicker — sharding only becomes a possibility after the merge.
- It doesn’t exist yet on the Ethereum network, though developers expect to introduce it next year.
- Possible greater concentration of power.
- After the merge, the wealth of stakers — not computing power — will drive the network forward.
As a result, the biggest owners, including custodians, could gain outsize sway in the Ethereum ecosystem, a move away from the decentralized ethos that so many cryptocurrency proponents value. » New to ETH? The editor owned Ethereum at the time of publication.
Is a hard fork good for crypto?
What is a Hard Fork? – In blockchain technology that underpins cryptocurrencies, a hard fork or (hardfork) refers to a radical change to the protocols of a blockchain network. In simple terms, a hard fork splits a single cryptocurrency into two and can results in the validation of blocks and transactions that were previously invalid, or valid.
Will there be a crash in crypto in 2022?
Bitcoin’s Future Outlook – Bitcoin is a good indicator of the crypto market in general, because it’s the largest cryptocurrency by market cap and the rest of the market tends to follow its trends. Bitcoin’s price had a wild ride in 2021, and last November set another new all-time high price when it went over $68,000.
But then it came crashing down in 2022. Bitcoin and the broader crypto market have been sinking this year amid ongoing macroeconomic uncertainty that’s mostly been driven by surging inflation, a shaky stock market, rising interest rates, and recession fears. Bitcoin has lost more than two-thirds of its value since last November, and dipped as low as $17,500 in recent weeks.
Experts remain conflicted on whether bitcoin has bottomed out yet. Some say it already has, while others says bitcoin could fall as low as $10,000 in 2022. This volatility is a big part of why experts recommend keeping your crypto investments to less than 5% of your portfolio to begin with.
- But how high will bitcoin go in the long term? While it’s been a rocky start to the year for bitcoin, but experts still say it will hit $100,000 — and that it’s more a matter of when, not if.
- Bitcoin’s past may provide some clues as to what to expect looking forward, according to Kiana Danial, author of “Cryptocurrency Investing for Dummies.” Danial says there have been plenty of huge spikes followed by pullbacks in Bitcoin’s price since 2011.
“What I expect from Bitcoin is volatility short-term and growth long-term.”
How high can ETH realistically go?
Ethereum Coin Price Prediction 2029 – By the year 2029, Ethereum’s price will have seen a great rise, increasing the market capitalization of the coin as well as its demand. Based on our Ethereum price prediction, the coin’s price may reach as high as $6,241 in the year 2029, while it may trade around a low of $5,313. The average value is expected to be around $5,777.
| Month | Minimum Price | Maximum Price |
|---|---|---|
| January | $5,395 | $5,509 |
| February | $5,408 | $5,530 |
| March | $5,313 | $5,427 |
| April | $5,454 | $5,509 |
| May | $5,529 | $5,608 |
| June | $5,599 | $5,761 |
| July | $5,681 | $5,858 |
| August | $5,725 | $5,928 |
| September | $5,793 | $6,037 |
| October | $5,860 | $6,184 |
| November | $5,909 | $6,241 |
| December | $6,005 | $6,211 |
Where will ethereum be in 10 years?
ETH Overview –
| Cryptocurrency | Ethereum |
|---|---|
| Ticker Symbol | ETH |
| Rank | 2 |
| Price | $1,212.21 |
| Price Change 24h | 3.10% |
| Price Change 7d | 7.91% |
| Market cap | $148,343,172,755.54 |
| Circulating Supply | 122,373,866.218 |
| Trading Volume | $8,175,389,790.00 |
According to our long-term Ethereum price prediction, the price of Ethereum will reach $4,279.55 by the end of 2022, rising to $5,639.28 by the end of 2023 and $16,776.22 by the end of 2025. Ethereum will then rise to $26,452.46 in 2027, and $78,606.71 in 2030.
What is the highest ETH ever?
The all-time high of Ethereum is $4,891.70. This all-time high is highest price paid for Ethereum since it was launched.
Which crypto is best to fork?
The Best Platform to Make a Fork – There are several platforms to create a custom cryptocurrency, but Ethereum and Bitcoin-based technologies are often used by developers.
Bitcoin Forks
The largest amount of forks is based on Bitcoin Technology merely because it was the first-ever crypto payments sample. Therefore, developers at least consider it once before creating a cryptocurrency. Bitcoin technology is ideal if your business requires ordinary system tasks and simple payments.
Dash Blockchain
As a direct fork of Bitcoin, Dash has made some innovative changes to the initial technology. For starters, it has enhanced the Bitcoin Consensus mechanism from the X11 hashing algorithm to an energy-efficient PoW and adjustment of master nodes. This enhances the operations features such as DAO creation for governing the protocol.
Qtum Blockchain
Even though Qtum is a Bitcoin fork, it supports Ethereum EVMand supports smart contract creation. Qtum has integrated DGP management into its system to adjust to new blockchain settings via smart contracts reducing hard forks significantly. Unlike Dash Blockchain, Qtum doesn’t use DAO governing or master nodes for protocol operations.
When did Ethereum hard fork go live?
Final thoughts – Officials from Ethereum’s development team assured ETH holders that they do not need to make any changes to how they were already interacting with the blockchain. The London Hard Fork will not affect any crypto exchanges or Ethereum wallets (web and hardware).
- Lower gas fees and quicker transaction times are things of interest to everyone currently taking part in the Ethereum ecosystem and should massively increase adoption in the future.
- The editorial content of OriginStamp AG does not constitute a recommendation for investment or purchase advice.
- In principle, an investment can also lead to a total loss.
Therefore, please seek advice before making an investment decision. : What Is the Ethereum London Hard Fork and How Does It Impact Token Holders?
What happens to crypto price after hard fork?
Will the hard fork affect the crypto price? – A hard fork is a change that makes the currency less secure. The hard fork is a blockchain division that needs to be resolved. While the fork is designed to improve the system, the effects on the price are unpredictable and may lead to a split for the new blockchain.
- Even though the latest version of a cryptocurrency is a good thing for traders, it can cause an enormous impact on its price.
- When crypto undergoes a hard fork, it may be a disruptive event that splits traders from miners and traders.
- The original version of a cryptocurrency is still in circulation, and the new one will likely be adopted by many.
A hard fork will affect a crypto’s price significantly. While it can create a volatile price, it can dramatically impact the Bitcoin era. A hard fork can affect a cryptocurrency’s price. It is a software update that alters how a cryptocurrency’s blockchain operates.
This change is similar to an application update. They will replace the old version with a new one in a hard fork. Traders may abandon the old version to join the latest version. When this happens, the original coin will lose its value. When a cryptocurrency forks, it splits between miners and traders. The result is a split between the coins, which can benefit both parties.
In the case of Bitcoin, a hard fork will split a cryptocurrency into two different currencies. A Bitcoin fork can have a significant effect on the price of a cryptocurrency. Its volatility and potential for a new version to be a disruptive force in the crypto market will likely drive up the price of a particular crypto.
A hard fork can significantly impact the price of a cryptocurrency. A fork can cause a cryptocurrency to change drastically. In Ethereum’s case, a fork can increase its price by more than 10 percent. The change will increase the amount of bitcoins available by ten percent. However, it will not affect the cost of the original version of the coin.
When a cryptocurrency forks, traders may abandon their original coin. If the fork is a significant change, the price of a cryptocurrency may decline. A Bitcoin fork will cause a bitcoin to divide into two different versions. The difference between a Bitcoin fork and a soft fork will result in a split that makes the coin more volatile.
- Then, the fork will affect the price of the original version.
- A hard fork can have a disruptive effect on the price of a cryptocurrency.
- After a hard fork, the coins are split into two, and each coin has its unique value.
- In this situation, the price of a Bitcoin fork can decrease by over two hundred percent.
On the other hand, its future value can rise by more than three hundred percent. It is why a hard fork can have a significant impact on the price of a cryptocurrency.
Will Ethereum merge affect shiba inu?
The Merge – If you follow crypto, then you’ve undoubtedly heard about Ethereum’s upcoming Merge, which is expected to happen next week. The Merge will the Ethereum network from one that used a proof-of-work (PoW) mechanism to validate transactions, create new blocks, and mine new tokens to a proof-of-stake (PoS) mechanism. 
Image source: Getty Images. PoW involves miners using a ton of computing power to solve a cryptographic puzzle as fast as possible to earn new tokens, while PoS involves people staking their tokens to be entered into what is essentially a lottery system to have the chance to validate transactions and mine tokens.
- PoS is a lot more energy-efficient than PoW, which has been criticized for its damaging impact on the environment.
- So how does this affect Shiba Inu? Well, Shiba Inu is an ERC-20 token, meaning it was built on the Ethereum blockchain, so updates to the Ethereum blockchain are essentially updates to Shiba Inu as well.
This is certainly a positive because now Shiba Inu will be more energy efficient, too. Additionally, more upgrades down the line should also ease network congestion by enabling Ethereum to process more transactions per second, which should in part enable the blockchain to lower transaction fees.
What happens to my Ethereum when 2.0 comes out?
What Happens to my ETH in the lead up to the Merge? – Your ETH will stay the same in the days before the Merge. The ETH holders who are interested only in holding, trading, or using their ETH on decentralized applications (dapps) do not have to actively do anything to prepare for the Merge.
For ETH holders interested in staking, you can stake your ETH on the PoS consensus layer to earn rewards. Staking is the process by which validators commit ETH to the consensus layer in order to propose and attest new blocks into existence. To become a full validator on Ethereum, ETH holders must stake 32 ETH by depositing the funds into the official deposit contract that has been developed by the Ethereum Foundation.
There are many opportunities for people with ETH to begin staking on the Ethereum network and earn rewards. The Merge is important for the staking community because it will reduce barriers to entry for validators. The PoS mechanism is designed to ensure that every validator — whether they are an individual, or a whale with multiple nodes — gets an equal chance at earning rewards.
Can staked ETH be lost?
ETH staking is experimental and involves some risks including possible failure of the network. Please ensure you independently assess, understand, and accept the related risks before deciding to stake. An important risk to be aware of is the possibility of losing your staked assets due to slashing.
Does a hard fork double your money?
No, it doesn’t mean free money. After a fork, that value becomes reduced, as many users or businesses pick one or the other to use.
Is Ethereum 2.0 a hard fork?
Why Ethereum 2.0 won’t result in a hard fork? – 
From what we’ve discussed above, we can now clearly see that Ethereum 2.0 is not a hard fork because it’s not a separate blockchain or a new fork. ETH 1.0 will become part of the 2.0 chain. Yes, Eth 2.0 will use proof-of-stake instead of proof-of-work and will be structurally different in its sharded scalable architecture.
Although they are implementing it as a separate chain, they will migrate ETH 1.0 contracts and accounts to one of the 64 shard chains on ETH 2.0. As a result, the entire data history will be kept unchanged. ETH is the native token of the Ethereum blockchain, and it will remain as a native asset on ETH 2.0. ETH 2.0 is a planned, non-contentious protocol upgrade and not a contentious hard fork (unlike Ethereum Classic). The “fork” terminology in the Ethereum 2.0 specs is used more for public messaging than anything else. When the upgrade is complete, there will be no fork because the network will not end up with multiple competing chains.
Does hard fork double coins?
So I will have both Bitcoin Core and Bitcoin Unlimited coins? – Yes. If, at the time of the fork, you own a certain amount of bitcoins, after the fork you will hold the same amount in BTC and BTU (doubling the amount). After the fork, these coins will be incompatible. They will effectively become separate currencies. (Note that: double the amount ≠ double the value)
What happens to crypto price after hard fork?
Will the hard fork affect the crypto price? – A hard fork is a change that makes the currency less secure. The hard fork is a blockchain division that needs to be resolved. While the fork is designed to improve the system, the effects on the price are unpredictable and may lead to a split for the new blockchain.
- Even though the latest version of a cryptocurrency is a good thing for traders, it can cause an enormous impact on its price.
- When crypto undergoes a hard fork, it may be a disruptive event that splits traders from miners and traders.
- The original version of a cryptocurrency is still in circulation, and the new one will likely be adopted by many.
A hard fork will affect a crypto’s price significantly. While it can create a volatile price, it can dramatically impact the Bitcoin era. A hard fork can affect a cryptocurrency’s price. It is a software update that alters how a cryptocurrency’s blockchain operates.
This change is similar to an application update. They will replace the old version with a new one in a hard fork. Traders may abandon the old version to join the latest version. When this happens, the original coin will lose its value. When a cryptocurrency forks, it splits between miners and traders. The result is a split between the coins, which can benefit both parties.
In the case of Bitcoin, a hard fork will split a cryptocurrency into two different currencies. A Bitcoin fork can have a significant effect on the price of a cryptocurrency. Its volatility and potential for a new version to be a disruptive force in the crypto market will likely drive up the price of a particular crypto.
- A hard fork can significantly impact the price of a cryptocurrency.
- A fork can cause a cryptocurrency to change drastically.
- In Ethereum’s case, a fork can increase its price by more than 10 percent.
- The change will increase the amount of bitcoins available by ten percent.
- However, it will not affect the cost of the original version of the coin.
When a cryptocurrency forks, traders may abandon their original coin. If the fork is a significant change, the price of a cryptocurrency may decline. A Bitcoin fork will cause a bitcoin to divide into two different versions. The difference between a Bitcoin fork and a soft fork will result in a split that makes the coin more volatile.
- Then, the fork will affect the price of the original version.
- A hard fork can have a disruptive effect on the price of a cryptocurrency.
- After a hard fork, the coins are split into two, and each coin has its unique value.
- In this situation, the price of a Bitcoin fork can decrease by over two hundred percent.
On the other hand, its future value can rise by more than three hundred percent. It is why a hard fork can have a significant impact on the price of a cryptocurrency.
Will Binance support ETH hard fork?
Fellow Binancians, Binance will support the Ethereum (ETH) network upgrade and hard fork.
The Ethereum (ETH) network upgrade and hard fork will take place at ETH mainnet block height of 13,773,000 or at approximately 2021-12-09 20:00 (UTC). Deposits and withdrawals of all tokens on the ETH network will be suspended starting from approximately 2021-12-09 19:55 (UTC).
Please note:
The trading of ETH and other ERC-20 tokens will not be affected during the upgrade. The Ethereum (ETH) network upgrade and hard fork will take place at ETH mainnet block height of 13,773,000, The estimated time is for users’ reference only. Binance will handle all technical requirements involved for all users holding ETH and other ERC-20 tokens in their Binance accounts. The Ethereum (ETH) network upgrade and hard fork will not result in new tokens being created. We will reopen deposits and withdrawals for ETH and other ERC-20 tokens once we deem the upgraded network to be stable, and we will not notify users in a further announcement.
For more information on the network upgrade and hard fork, please refer to the following:
Arrow Glacier Network Upgrade Specification Vallhallan Threshold (v1.10.12)
Risk warning : Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses. Thanks for your support! Binance Team 2021-12-06 Find us on Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
What does Ethereum hard fork mean for miners?
Understanding a Hard Fork – A hard fork is when nodes of the newest version of a blockchain no longer accept the older version(s) of the blockchain; which creates a permanent divergence from the previous version of the blockchain. Adding a new rule to the code essentially creates a fork in the blockchain: one path follows the new, upgraded blockchain, and the other path continues along the old path.
What will happen to ERC-20 tokens after the merge?
Will I receive tokens on the ETHPOW chain? – After the Merge, there is a chance that the old Ethereum Proof-of-Work chain will continue operating, meaning two sets of Ethereum tokens will now be in existence – ETH and ETHPOW. CoinJar is fully committed to the Merge and will not be supporting ETHPOW at this time.
