Can anyone explain to me how ETH will switch to PoS without a fork?

[lcruz007]

Hi,

I am trying to wrap my head around the switch ETH is planning to do from Proof of work to Proof of stake. How in the world -if it's a decentralized network- can the ETH founder just change the protocol of mining ethereums at his will? Isn't that the whole main reason there are forks (and consequently creates a totally new cryptocurrency?).

How is ethereum changing to Proof-Of-Stake without creating a new cryptocurrency??


Can anyone help me understand this?

Thanks!

[Manojdaran]

Following..

[Nexworks]

Im half expecting it to become Ethereum New, and then Ethereum Classic will rebrand as Ethereum, at which time Ethereum New will rebrand as Ethereum Best.

[FlyingDutchman420]

Following

[danialzo]

I'd like to know too

[puwaha]

Forking doesn't always create a new coin.  If the consensus moves to POS, then that is Etherium.  Those that stick with the old protocol will be mining invalid hashes on the etherium network.

[QuintLeo]

You are making a bad assumption - the assumption that there will be no fork when Proof of Stake is implemented.

 Forks don't always result in "new coins" - Bitcoin has had a FEW forks in it's lifetime to fix issues, most of which did NOT involve "new coins" being spawned off.