Ethereum upgrade that will destroy coins sparks anger among miners

in gian •  4 years ago  (edited)

The planned upgrade to the Ethereum network that will start to destroy ether coins has angered many of the cryptocurrency's miners, with some trying to organize a form of strike to demonstrate their opposition.
On Friday, Ethereum blockchain developers approved a major change to the network that runs the ether cryptocurrency. It is set to overhaul the bitcoin rival's auction system, under which users send tokens to miners to pay for transactions to be completed.

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One Twitter user said the proposed changes showed that Ethereum network managers' attitudes towards miners were "absolutely disgusting."
Some miners are now attempting to rally support to disrupt the Ethereum network to express their opposition to the changes, by redirecting their mining power to Ethermine.org - a pool of miners - for 51 hours on April 1.
The idea is that miners could show they have enough power to alter the network themselves, according to a popular cryptocurrency YouTuber called Bits Be Trippin', whose comments were reported by Cointelegraph.

Tim Beiko, a ConsenSys product manager overseeing the implementation, told Decrypt the EIP-1559 changes would come into force in the summer in an event known as "London" no matter what.

Ethereum on the right track?????...... what do you think?

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