Wednesday, September 27, 2023
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OpenSea says marketplace won’t support forked NFTs post-Merge

As the Ethereum merge date approaches, OpenSea, a non-fungible token (NFT) marketplace, announced that it will focus on supporting only upgraded NFTs. Proof of Stake (PoS) blockchain.

In an announcement on Twitter, NFT Marketplace said their team did not speculate, potential forkclarified that if there is a forked NFT, it will not be reflected in OpenSea, as the platform only supports the upgraded chain.

The NFT Marketplace also emphasized that it is preparing the NFT trading platform for possible issues with the upcoming Ethereum merge to ensure a smooth transition period.

While the team believes there will be no major issues, they have assured the community that they will monitor, manage, and communicate with users throughout the process. requested the person.

Apart from OpenSea, Chainlink also made a commitment To PoS migration of Ethereum mainnet. The team noted that the protocol will not support his Ethereum fork, which may come after the merge. The team also assured the community that they are doing their best to prepare for any issues that may arise during the transition.

Related: Problem with Ethereum Merge? Developer Finds Bug Ahead of Planned Update

In a recent Cointelegraph interview, economist Rex Sokolin emphasized that post-merger economic design changes could affect Ether (ethereum) price.The economist said the changes in the protocol were Have a natural influence on supply of ETH. Nevertheless, economists have realized that nothing is certain yet and that it is the market that determines the price movement of tokens.

On the other hand, native assets of potential ETHPoW forks that could potentially be backed by Ethereum PoW miners are: Despite the fact that it trades at $100 does not exist yet. This happened after some exchanges started listing his ETHW and his ETHPoS (ETHS) on their trading platforms.