Will Ethereum Proof of Work Keep Running?

ethereum network stats aug 2020

The current ethereum network running on Proof of Work (PoW) is to become Proof of Stake (PoS) potentially as soon as next summer according to Danny Ryan, the ethereum 2.0 coordinator. At that point, all the dapps and the entire infrastructure is upgraded to PoS at the protocol level without requiring any changes from dapp devs. Instead all will just need to upgrade their node, so creating the hardest of forks with the question being will the current ethereum network just keep running anyway on PoW, so creating two eths? For an eth PoW coin to keep operating, maybe under the ticker of ETO, you either need some devs to maintain the current Geth client, which is being modified for PoS, or you practically just freeze the code, with no more changes to it. That means there would be problems in regards to capacity, which is the whole point of…

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