Community braces for ‘fork wars’ after Poloniex’s sudden move to support EthereumFair over ETHW

CryptoSlate

The Poloniex exchange has named EthereumFair (ETF) as the ETH Proof-of-Work (PoW) forked chain as the principal one it will support, according to a Sept. 15 statement.

Previously, Poloniex voiced support for ETHW but said it changed its mind as ETF is “supported by the community’s majority.”

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Poloniex added that it will continue to support all other fork chains “according to the situation.”.

The Fork Wars

The Twitter community is calling the move the start of the new “fork wars,” harkening back to the time Bitcoin Cash was created.

Twitter account @HsakaTrades called the move the beginning of the “clown show.”

CryptoSlate could not get further statements from Poloniex, Justin Sun or the EthereumFair team as of press time.

The Merge

The Ethereum Merge occurred at approximately 07:00 UTC on September 15, effectively ending PoW on this chain.

In the years preceding this event, PoW advocates and miners had pushed back, resisting the transition. However, with the Merge now finalized, ETH miners are considering their next move.

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Author: Samuel Wan


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