Ethereumfair embarks on a crusade to save PoW consensus, here’s how

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Ethereumfair embarks on a crusade to save PoW consensus, here’s how
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EthereumFair wants to fork Dogecoin to ensure that it forever remains a PoW network. EthereumFair’s fair performance has dwindled since its blockchain went live. EthereumFair, the first fork of the Ethereum blockchain in response to the switch to the Proof-of-Stake consensus mechanism, has announced plans to establish a DAO and fork the Dogecoin network. Today, […]

EthereumFair is a blockchain that claims to uphold the original design of the Ethereum blockchain. It was founded in 2020 and gained attention in the crypto space after the Ethereum blockchain completed its switch to the PoS consensus algorithm.

However, the decision to switch was not well received by miners who have been committed to safeguarding the Ethereum blockchain through Proof-of-Work consensus. According to EthereumFair, the primary reason behind the proposed Dogecoin network fork is to ensure that the PoW consensus mechanism that the meme coin network currently operates does not change. In this regard, EthereumFair tweeted,

In addition, EthereumFair advocates for compatibility with the Ethereum Virtual Machine as it is a trend in the industry.

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