Chainlink Claims Not To Support Ethereum PoW Fork Versions
Chainlink, the oracle protocol widely used by dApps on Ethereum, claims to still work on the Ethereum PoS blockchain after The Merge and will not support PoW versions of Ethereum.
Chainlink Doesn’t Support Ethereum’s PoW
In its recent announcement, Chainlink surprised users by announcing that it would not support Ethereum PoW forks. This is the oracle protocol widely used by dApps on Ethereum.
The Chainlink protocol and its services will remain operational on the Ethereum blockchain during and after the Merge to the PoS consensus layer. Users should be aware that forked versions of the Ethereum blockchain, including PoW forks, will not be supported by this platform.
In the recent announcement of the said protocol
The rationale given by the platform is that this is in line with the decision of both the Ethereum Foundation and the wider Ethereum community, a decision reached through social consensus, to upgrade the Ethereum blockchain to consensus PoS.
Chainlink also reminds users to pause smart contract operations to avoid unforeseen issues as Ethereum developers and dApp teams are uncertain about their migration strategy around The Merge.
It can be seen that Chainlink is an oracle protocol widely used by dApps on Ethereum, without supporting PoW chains, it is difficult for dApps to maintain operations on these chains.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Foxy
CoinCu News
Author
Ethereum
Chainlink Claims Not To Support Ethereum PoW Fork Versions
Chainlink, the oracle protocol widely used by dApps on Ethereum, claims to still work on the Ethereum PoS blockchain after The Merge and will not support PoW versions of Ethereum.
Chainlink Doesn’t Support Ethereum’s PoW
In its recent announcement, Chainlink surprised users by announcing that it would not support Ethereum PoW forks. This is the oracle protocol widely used by dApps on Ethereum.
The Chainlink protocol and its services will remain operational on the Ethereum blockchain during and after the Merge to the PoS consensus layer. Users should be aware that forked versions of the Ethereum blockchain, including PoW forks, will not be supported by this platform.
In the recent announcement of the said protocol
The rationale given by the platform is that this is in line with the decision of both the Ethereum Foundation and the wider Ethereum community, a decision reached through social consensus, to upgrade the Ethereum blockchain to consensus PoS.
Chainlink also reminds users to pause smart contract operations to avoid unforeseen issues as Ethereum developers and dApp teams are uncertain about their migration strategy around The Merge.
It can be seen that Chainlink is an oracle protocol widely used by dApps on Ethereum, without supporting PoW chains, it is difficult for dApps to maintain operations on these chains.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Foxy
CoinCu News
Other Posts
Related Posts
