As covered by U.Today in a recent guide, Ethereum is set to migrate to a proof-of-stake consensus from a proof-of-work one in September 2022.That said, Ethereum miners will be forced to either leave their business or migrate to another blockchain that utilizes the Ethash algorithm. Mainly, this would mean the run to Ethereum Classic mining. This trend brought ETC back to the top 20 cryptos by market capitalization, as explained by U.Today.
Also, the coexistense of two Ethereum ecosystems of tokens and apps will result in major issues such as IP rights, the Amber Group representative added.
Source: Digital Coin News (digitalcoinnews.net)
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