As the highly awaited Ethereum “merge” upgrade is approaching, the possibility of a fork is more likely, even if its odds for success are dim.
Recently exchanges, including Coinbase, have announced plans to consider listing forked tokens.
In an updated blog post on Thursday, Coinbase crypto exchange stated that it will assess any potential forked Ethereum tokens that might come after the merge.
According to the blog post, Coinbase said its goal is to “list every asset that is legal and safe to list so that we create a level playing field for all the new assets being created in crypto while continuing to protect our customers.”
If an Ethereum proof-of-work fork arises post-merge, “this asset will be reviewed with the same rigor as any other asset that is listed on our exchange,” Coinbase said.
If such a fork happens, Coinbase said it will determine which chain—proof of stake or miners’ proof of work—retains value.
This is important, as support from Coinbase and other major...
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