@BOMBERuss 17 August 2022 more from that month

The developers behind the potential #Ethereum #PoW (ETHW) fork have announced the freezing of liquidity pools. Users are advised to withdraw #ETH from DeFi protocols and decentralized exchanges (DEX). According to the #ETHW team, freezing of liquidity pools is necessary to protect user funds. The technology will not be applied to staking contracts that support a single asset (for example, ETH2.0 deposit contract and Wrapped Ether). "ETHW Core recommends that everyone withdraw their ETH from LP (for example, DEX and the lending protocol) before the hard fork," the developers added. The ETHW team also stated that the hard fork will most likely lead to the loss of several ETHW tokens deposited in liquidity pools such as Uniswap, Susiswap, Aave, Compound. It is likely that part of the ETHW will be exchanged by hackers using devalued #USDT, #USDC, #WBTC. According to the developers, this will "create a huge mess throughout the network and in the community." The merger will be an important milestone in the Ethereum #roadmap. However, miners and community members are demanding a hard fork to save the PoW version of Ethereum. According to #crypto enthusiasts, the transition to the Proof-of-Stake algorithm will put an end to miners. A hard fork could partially solve this problem by creating two separate ecosystems. #CryptoCurrency #hardfork #fork