OpenSea Says It Will Not Support NFTs On Ethereum Forks Post-Merge

OpenSea Says It Will Not Support NFTs On Ethereum Forks Post-Merge
фото показано с : zycrypto.com

2022-9-2 21:33

OpenSea has confirmed that it will support NFTs on the upgraded Ethereum Proof-of-Stake (PoS) chains even as the anticipated merge event nears. According to a thread of tweets on Thursday, the firm further clarified that it would not support NFTs on potential forks or allow them to be reflected on the marketplace.

 “We are committed to solely supporting NFTs on the upgraded Ethereum PoS chain.” Open Sea Tweeted, adding, “ While we won’t speculate on potential forks–to the extent forked NFTs on ETHPoW exist–they won’t be supported or reflected on OpenSea.” 

Thursday’s announcement comes in the backdrop of growing concerns in the Ethereum community about whether a potential fork will affect  NFT users. ZyCrypto reported that a group of Ethereum miners had been opposed to the Merge, which seeks to transition Ethereum from a Proof of Work “EthPoW” to A Proof of Stake “EthPoS” consensus network. To avoid being part of the structural changes that entail transitioning into PoS, one group had proposed a chain split that would see it retain the original PoW chain, enabling them to continue mining Ethereum. 

OpenSea, the world’s largest NFT marketplace by daily traded volume, is built on the Ethereum blockchain. Users can only use Ethereum-friendly wallets to buy and sell NFTs on the Open Sea. The marketplace, however, supports a dozen wallets, including Metamask, Coinbase Wallet and TrustWallet. 

“Beyond our commitment to supporting the upgraded PoS chain, we’ve been preparing the OpenSea product to ensure a smooth transition,” OpenSea wrote, further suggesting that they had been updating their code by the transition to POS as opposed to PoW. The marketplace also noted that it did not anticipate major issues and would continue communicating with users throughout.

Less than twenty days before the merge goes live on Mainnet, multiple exchanges, including Binance and Kucoin, as well as DeFi networks, have already declared their support for the event without much reference to potential forks. LookRares, another leading NFT marketplace, also stated that it would not support NFTs on forked versions of Ethereum on August 29th. According to the marketplace, its decision was made “in alignment with both the Ethereum Foundation and the social consensus of the broader Ethereum community’s decision to upgrade the Ethereum blockchain to proof-of-stake consensus.”

Coinbase has stated that it will list any Ethereum PoW token as long as it meets its listing criteria.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Lendroid Support Token (LST) на Currencies.ru

$ 0.00049 (+0.76%)
Объем 24H $0
Изменеия 24h: 5.17 %, 7d: -58.34 %
Cегодня L: $0.00049 - H: $0.00049
Капитализация $0 Rank 3554
Доступно / Всего 0 LST

support nfts opensea forks ethereum potential firm

support nfts → Результатов: 126


More security, transparency, and scalability: What blockchain needs for mass adoption

In February 2022, the Ukrainian government ran a crypto donation campaign to support victims of the Russian invasion. When the nation tried to reward those who had contributed to the fundraiser by sending crypto wallet holders complimentary NFTs, a slew of scammers took advantage of the government’s generosity, causing the operation to cease.

2022-6-29 09:21


Metablaze to Reinvest NFT Revenue: Metagoblin NFT Presale on May 8

MetaBlaze is preselling its first 10k collection of MetaGobling NFTs, and a lot of hype has recently been surrounding the launch. Many owners of popular NFT collections such as Board Ape Yacht Club, Crypto Punks, and Moonbirds have been quick to show support and register for this utility packed collection set to go on presale … Continued The post Metablaze to Reinvest NFT Revenue: Metagoblin NFT Presale on May 8 appeared first on BeInCrypto.

2022-5-5 16:32


MetaGoblin NFTs by MetaBlaze: Will this Passive Income Generating Collection be the Newest NFT Trend? Board Ape Owners Think So

Developed by MetaBlaze: “MetaGoblin” NFTs. There has been a lot of excitement and hype surrounding this project. Many owners of popular NFT collections such as Board Ape Yacht Club, Crypto Punks, and Moonbirds have been quick to show their support for the MetaGoblin NFT collection, set to go on presale on May 8th, 2022.

2022-5-2 12:12


Ubisoft is ready to let other games use Tezos NFTs

Ubisoft Quartz is an NFT initiative from Ubisoft, and as its Ghost Recon game support ends, Ubisoft is ready to expand Tezos support to more games Ubisoft: Tough gaming NFTs luck Since NFTs became a thing, NFTs games from established game makers have had difficulty achieving support, and both customers and programmers have shown a […] The post Ubisoft is ready to let other games use Tezos NFTs appeared first on NFT News Today.

2022-4-9 06:32


The Mosque NFT Project to Mint 12,000 Mosques on Ethereum, to Support Over 10 Charities

Increasingly, charities worldwide accept crypto donations and are even experimenting with equally exciting opportunities in NFTs to further their novel causes. Cryptocurrencies and NFTs are a global phenomenon launching from public chains such as Ethereum and the BNB Chain, facilitating the free flow of funds and enabling true ownership of digital assets with on-chain provenance. […]

2022-3-27 12:00


Polygon NFTs Expands its Offerings to Rarible

On 17 March 2022, Rarible began supporting Polygon NFTs on its platform, as well as allowing multi-wallet support on the marketplace. Here’s more on the development. Rarible: One step at a time On Thursday, Rarible shared some exciting additions to the marketplace, and some people are touting this platform to challenge OpenSea for the #1 NFT […] The post Polygon NFTs Expands its Offerings to Rarible appeared first on NFT News Today.

2022-3-18 04:57


Фото:

Carnaval Introduces An Industry-First Marketplace For Minting NFTs On Bitcoin

Latin America’s first highly-curated Iberoamerican NFT marketplace, Carnaval is leveraging Bitcoin’s security to start mining unique artworks on the network. The minting of NFTs was made possible with support from Rootstock (RSK), an open-source platform hosting smart contracts and decentralized applications, and Bitcoin’s third layer protocol, RSK Infrastructure Framework (RIF). As a marketplace for tradable […]

2022-3-15 01:16