AntPool to Stop Maintaining Ethereum (ETH) Client Assets Post-Merge 

2022-8-29 15:30

Crypto mining pool AntPool has said it will no longer manage Ethereum accounts after the Merge and has asked customers to provide their private ETH addresses.

AntPool made the announcement in a blog post titled “ETH Maintenance Change Notice.” According to the mining pool, ETH 2.0 “comes along with the risk of censorship among different countries.”

The mining pool, for the safety of its clients, has decided not to maintain ETH assets on the POS chain. Users have until September 3 to provide an ETH Wallet address to receive their ETH assets in the pool.

AntPool, operated by Bitmain on Ethereum, is a mining pool where several people combine processing power and computational resources to mine Ethereum.

AntPool Maintains Support for PoW

Meanwhile, AntPool also expressed its support for proof-of-work (PoW) in the blog post. It stated that it would keep providing Ethash mining pool services for those who want to mine Ethash tokens like Ethereum Classic (ETC).

The move is not surprising considering the network recently committed $10 million towards the ecosystem development of ETC.

The firm also stated its support for other PoW tokens and the decentralized PoW consensus. “ANTPOOL has always devoted itself to the development and maintenance of the PoW ecosystem,” the post concluded.

Ethereum’s Censorship Concerns

Concerns about Ethereum censorship have risen since the US OFAC decision to sanction Tornado Cash. Several analysts have pointed out that the blockchain network’s migration to a proof-of-stake consensus mechanism could further make it prone to censorship.

With about 60% of validator nodes on the network controlled by US-based staking service providers, many believe the government could coerce these centralized providers to censor transactions.

Meanwhile, Coinbase CEO Brian Armstrong said the exchange would rather quit Ethereum staking than censor the network’s transaction. However, fears remain within the community over what such regulatory requests might mean for the industry.

For Be[In]Crypto’s latest Bitcoin (BTC) analysis, click here.

The post AntPool to Stop Maintaining Ethereum (ETH) Client Assets Post-Merge  appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3575.58 (+0.19%)
Объем 24H $36.385b
Изменеия 24h: -1.34 %, 7d: 8.72 %
Cегодня L: $3523.8 - H: $3665.21
Капитализация $430.65b Rank 2
Цена в час новости $ 1484.7 (140.83%)

ethereum eth antpool post-merge assets maintaining client

Источник: beincrypto.com

ethereum eth → Результатов: 126


Фото:

Ethereum Spot ETFs Attract Record $295 Million Daily Inflows – Is ETH Set For New Highs?

Ethereum (ETH) appears to be finally waking from its slumber, surging nearly 37% in the past week following Bitcoin’s (BTC) all-time-high (ATH) rally. Spot Ethereum ETFs Record Daily Inflows Ethereum, the second-largest cryptocurrency with a market cap of approximately $404 billion, is now gaining ground on BTC, with the platform’s ETH token jumping more than 35% over the past week.

2024-11-13 12:30


Bitwise CIO Calls Ethereum The ‘Microsoft Of Blockchains’, Can ETH Make A Comeback?

Bitwise Chief Investment Officer Matt Hougan dubbed Ethereum (ETH) the ‘Microsoft of blockchains’, adding that none of the smart contract platform’s challenges are existential. Ethereum Has Challenges, But None Of Them Are Existential In a recent memo titled ‘A Contrarian Bet on Ethereum’, Hougan highlighted the tumbling ETH/BTC trading pair, indicating the weakening Ethereum price versus Bitcoin (BTC).

2024-9-19 07:30


Киты отправили Ethereum на $73 млн на биржи

На фоне общего спада криптовалютного рынка крупные инвесторы активно избавляются от Ethereum (ETH). Однако сторонники второй по капитализации криптовалюты сохраняют оптимизм. В то время как криптокиты распродают Ethereum, спотовые биржевые фонды (ETF) на ETH фиксируют оттоки.

2024-8-27 13:09


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

EthereumPoW (ETHW) Plummets Following Successful Launch

EthereumPoW (ETHW) was launched on Thursday but has fallen sharply since its listing, despite support from numerous exchanges. The post EthereumPoW (ETHW) Plummets Following Successful Launch appeared first on BeInCrypto.