Silicon Valley, CA, Oct. 10, 2022 (GLOBE NEWSWIRE) -- Following Ethereum’s recent transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS), participants in the blockchain’s vast ecosystem faced a choice: support the new consensus model or find another network. Now, according to a new venture named EthereumFair, a third option is on the table.
EthereumFair (ETHF) is a brand-new fork of the eponymous blockchain that preserves Proof-of-Work, a model that it claims is the only one capable of delivering reliable stability, security and decentralization. The project, which has gathered thousands of followers since Ethereum switched to PoS on September 15, represents a welcome alternative for miners and projects who value the intrinsic benefits of Proof-of-Work.
“The recent Ethereum merge is not a simple competition for computing power, but a controlled redistribution of the benefits of this multi-billion dollar ecosystem,” contends EthereumFair’s Satoshi Song. “The elimination and...
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