{"id":253168,"date":"2022-08-08T13:00:54","date_gmt":"2022-08-08T12:00:54","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=253168"},"modified":"2022-08-08T13:07:13","modified_gmt":"2022-08-08T12:07:13","slug":"crypto-community-divided-in-its-support-for-ethereum-hard-forks","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/crypto-community-divided-in-its-support-for-ethereum-hard-forks\/","title":{"rendered":"Crypto community divided over Ethereum hard fork"},"content":{"rendered":"<p>Following Chandler Guo's public vow to fork Ethereum (<a href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">ETH<\/a>), the call for a hard fork has <a href=\"https:\/\/cryptoslate.com\/ethereum-classic-up-over-150-in-july-as-eth-2-0-draws-closer\/\">grown significantly<\/a>, leaving stakeholders to pitch their tent on different sides.<\/p>\n<p>Tron (<a href=\"https:\/\/cryptoslate.com\/coins\/tron\/\">TRX<\/a>) founder Justin Sun and his crypto exchange Poloniex were one of the first <a href=\"https:\/\/cryptoslate.com\/justin-suns-poloniex-supports-ethereum-proof-of-work-hard-fork\/\">supporters<\/a> of the idea.<\/p>\n<h2>OKX, Huobi hint at listing Ethereum forks<\/h2>\n<p>Jay Hao, the CEO of OKX exchange, has hinted that the exchange could list &#8220;the newly forked coins if there is sufficient demand.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">At <a href=\"https:\/\/twitter.com\/okx?ref_src=twsrc%5Etfw\">@OKX<\/a>, we actively monitor and will support the <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&ref_src=twsrc%5Etfw\">#Ethereum<\/a> Merge.<\/p>\n<p>Potential Ethereum hard forks may emerge when the network&#39;s upgrade takes effect.<\/p>\n<p>We will evaluate and list the newly forked coins if there is sufficient demand.<\/p>\n<p>&mdash; jay_star.okx \u269b\ufe0f OKX CEO (@star_okx) <a href=\"https:\/\/twitter.com\/star_okx\/status\/1556542991770140672?ref_src=twsrc%5Etfw\">August 8, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>However, he added that OKX &#8220;will support the Ethereum Merge.&#8221;<\/p>\n<p>Huobi also\u00a0<a href=\"https:\/\/www.huobi.com\/support\/en-us\/detail\/94914028834041\"><span class=\"s4\">confirmed<\/span><\/a> that it would support Ethereum forked assets on its platform as long as they meet the exchange security requirements.<\/p>\n<p>But it added that it does not encourage arbitrary forking and pre-mining that could affect the industry's development.<\/p>\n<p>Other crypto exchanges like <a href=\"https:\/\/www.gate.io\/article\/27456\"><span class=\"s4\">Gate Exchange<\/span><\/a>\u00a0and\u00a0 <a href=\"https:\/\/support.mexc.com\/hc\/en-001\/articles\/9206469768857\"><span class=\"s4\">MEXC <\/span><\/a><span class=\"s4\">have also revealed that they would support ETH hard forks.<\/span><\/p>\n<h2>BitMEX says ETHPoW would generate interest<\/h2>\n<p>BitMEX <a href=\"https:\/\/blog.bitmex.com\/ethpow-vs-eth2\/\">wrote<\/a> that there are many technical challenges that a forked version of Ethereum would face. It continued that if the positive sentiments surrounding the forked coins persist, leading centralized exchanges might list them.<\/p>\n<blockquote><p>ETHPoW may generate a lot of excitement, and we predict that ETH vs ETHPoW will be a popular trading pair post-split, at least until another interesting dynamic comes along.<\/p><\/blockquote>\n<p>Meanwhile, BitMEX will <a href=\"https:\/\/blog.bitmex.com\/ethpow-coin-listing\/\">allow<\/a> its users to have exposure to ETHPoW through a linear futures contract margined in Tether that will go live on August 9.<\/p>\n<h2>Chainlink, Digital Currency Group will not support hard forks<\/h2>\n<p>CEO of Digital Currency Group Barry Silbert said<span class=\"s4\"> his<\/span>\u00a0firm does not intend to back any Ethereum hard fork.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">fwiw, our full support is behind ETH PoS, in addition to ETC, and have zero intention to support any ETH PoW fork. ETH miners should move to ETC to maximize their revenue long term. simple as that<\/p>\n<p>&mdash; Barry Silbert (@BarrySilbert) <a href=\"https:\/\/twitter.com\/BarrySilbert\/status\/1555921885560545280?ref_src=twsrc%5Etfw\">August 6, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Silbert, ETH miners should move to Ethereum Classic (<a href=\"https:\/\/cryptoslate.com\/coins\/ethereum-classic\/\">ETC<\/a>) to maximize their revenue for the long term.<\/p>\n<p>Chainlink (<a href=\"https:\/\/cryptoslate.com\/coins\/chainlink\/\">LINK<\/a>) <a href=\"https:\/\/docs.chain.link\/docs\/ethereum-proof-of-stake-merge\/\"><span class=\"s4\">said<\/span><\/a> it would not support any network that is a forked version of Ethereum. The protocol and its services will only remain operational on Ethereum during and after the merge.<\/p>\n<blockquote><p>&#8220;Users should be aware that forked versions of the Ethereum blockchain, including PoW forks, will not be supported by the Chainlink protocol. This is aligned with both the Ethereum Foundation and broader Ethereum community\u2019s decision.&#8221;<\/p><\/blockquote>\n<p>Meanwhile, Ethereum co-founder Vitalik Buterin said that those who want Ethereum to remain a PoW network are those who want to make quick cash. Buterin <a href=\"https:\/\/cryptoslate.com\/vitalik-buterin-calls-out-ethw-hard-fork-proponents-as-trying-to-make-a-quick-buck\/\"><span class=\"s4\">said<\/span><\/a>:<\/p>\n<blockquote><p>&#8220;Should a fork gain traction, I\u2019m sure there\u2019s going to be problems\u2026 if they want to make a fork, it\u2019s on them to mitigate those problems.&#8221;<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Following Chandler Guo&#8217;s public vow to fork Ethereum (ETH), the call for a hard fork has grown significantly, leaving stakeholders to pitch their tent on different sides. Tron (TRX) founder Justin Sun and his crypto exchange Poloniex were one of the first supporters of the idea. OKX, Huobi hint at listing Ethereum forks Jay Hao, [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":253351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61713],"tags":[74600,72190,77425,77811],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto community divided over Ethereum hard fork<\/title>\n<meta name=\"description\" content=\"The crypto community is divided in its support for the Ethereum Merge has several exchanges have revaealed that they would list forked coins.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/crypto-community-divided-in-its-support-for-ethereum-hard-forks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto community divided over Ethereum hard fork\" \/>\n<meta property=\"og:description\" content=\"The crypto community is divided in its support for the Ethereum Merge has several exchanges have revaealed that they would list forked coins.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/crypto-community-divided-in-its-support-for-ethereum-hard-forks\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-08T12:00:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-08T12:07:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/08\/eth-fork.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/crypto-community-divided-in-its-support-for-ethereum-hard-forks\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/crypto-community-divided-in-its-support-for-ethereum-hard-forks\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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