What will happen after ETH goes POS?

[Harley2]

Sorry for the newbie questions, but from a purely ETH investing point of view, is there anything I need to worry about or do before/after the switch the POS?

I want to invest in the most updated version of Ethereum supported by Vitalik.

I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?

I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...

[bovid]

From what I see, Ethereum will have to Hard Fork to switch to Proof of Stake. This means your Ethereum should be duplicated between the PoW Eth and PoS Eth, as long as your Ethereum is in a personal wallet and  not on an exchange. Though I'd imagine the PoW Eth isn't going to be worth as much after the fork.

[Harley2]

So I guess that means my public/private address will also exist in the new Ethereum coin, and probably Trezor devices will have an option to use Eth Classic, Eth POW, and Eth POS.

But how would I tell my Trezor to use POS coin, under the existing POW address?

Also, what's stopping me from selling my POW coins and adding them to the duplicated coins in my POS address?

[DR_Vladislav]

From what I see, Ethereum will have to Hard Fork to switch to Proof of Stake. This means your Ethereum should be duplicated between the PoW Eth and PoS Eth, as long as your Ethereum is in a personal wallet and  not on an exchange. Though I'd imagine the PoW Eth isn't going to be worth as much after the fork.

You mean we will have 2 eth one pow and one pos
Is this confirm.

Or the eth will change from pow to pos
If this is the case then that is not hard fork in the real meaning it will be soft fork.
Abd 1eth will stay 1 eth

[jerrison]

that i believe will be another breakthrough for the ethereum blockchain as loads of people will have to go for more ethereum and you surely know what happens when the demand get very high it positively affects the price for the ethereum team and then finally gives ethereum a new all time high in price an appreciation

[FreeAirdrops]

I don't think there will be a chain split. This has been in the roadmap for a long time and any supporters of ETH should already be on board. I can't wait... proof of work is just a wasteful algorithm that destroys the environment.

[akirasendo17]

we dont know what will happen sometimes its bad and sometimes its good, but what i experience before is that pos, sometimes drag the price down,
but as we know of ethereum it will not go down without a fight so best of luck for all of us hopefully , this will bring better news in a few days

[tuanytcc]

Sorry for the newbie questions, but from a purely ETH investing point of view, is there anything I need to worry about or do before/after the switch the POS?

I want to invest in the most updated version of Ethereum supported by Vitalik.

I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?

I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...

You don't need to worry about the developement step of Ethereum from POW into POS if you are holding it. This switch is automatic and the thing that you need concern is to should contribute stake or not

[Herbert2020]

just like any hard fork, this one is also very risky. that is why they are always undesirable in a system like this. i wouldn't touch ETH during that time unless i see some really big pump going on which means there can be a lot of profit in that pump. in that case i would buy some on exchanges, keep it there and sell it fast to get the profit out in case there was a big crash afterwards and the pump was an exit scam.

as for ETH-POW and POS, we can't predict what happens now. we may end up seeing miners remain on the main chain and keep ETH alive and say they don't want PoS. and since miners are controlling Ethereum you may end up with 2 sets of coins which you can sell and enjoy the profit.

[hiburak]

I believe there won't be another coin after the fork. Even if there is a split, you will get them both because you own the version before the fork happens.

[Asmh85]

Frankly I was optimistic about BCH fork , but now after hash war  I get frightened from any upgrade, so I will not be in Ethereum until they finish then I would see the proper entry.

[IgorShumilo]

At the moment there is no final decision on this. I think that the Ethereum team needs to think very well before making such a decision, too much depends on it. Now on the blockchain Ethereum about 98 percent of all projects, and if something happens to the project, it will be a huge fall in the market. Now there are practically no projects on the ethereum blockchain that can show the finished product and the users who use it, so the price of tokens depends on the price of ethereum.

[qazgroup]

I think they have planned a systematic and algorithmic upgrade that will change eth from pow to pos but im not sure whether as a result of this upgrade a new coin will be created or not, i personally do not want a new one and hope this same eth will be adjusted accordingly.

[talkbitcoin]

i think there is a very good chance that we end up seeing 2 coins in the end. probably ETH and ETHPoS coins. i say this because unlike other forks this fork is eliminating miners altogether and miners aren't known to go away that easily specially now that ETH ASIC miners are starting to grow. they will resist this fork and prevent it from happening.

[AlexaSonda]

it's too early to worry, because if that happens then the developer will give an announcement about it and there are many new threads discussing it here. don't be afraid your coins will be outdated, because it will be a trending topic and we can see news about it everywhere.

[LeetPoolsOP]

The transition of Ethereum to POS is not a hard fork. will not appear new coin. Ethereum will remain the same coin, just the algorithm for the mining of this coin will change.

[bolshojkush]

i think there is a very good chance that we end up seeing 2 coins in the end. probably ETH and ETHPoS coins. i say this because unlike other forks this fork is eliminating miners altogether and miners aren't known to go away that easily specially now that ETH ASIC miners are starting to grow. they will resist this fork and prevent it from happening.

I also agree that miners will resist. But unlike Ethereum on POW, Ethereum on POS will be supported and developed by the project team. And ultimately, only ETH will have a future at the POS.

[Welckomtome]

Sorry for the newbie questions, but from a purely ETH investing point of view, is there anything I need to worry about or do before/after the switch the POS?

I want to invest in the most updated version of Ethereum supported by Vitalik.

I already have some ETH. After POS, will there be a new Ethereum coin whereby I will have to move/trade my ETH-POW to ETH-POS?
Or will my existing ETH already be updated to run on the new POS system so I don't need to worry about anything?

I guess my concern is that I'm going to be stocking up on ETH, and I don't want to wake up one morning and find out I'm on some outdated coin and the train has left on some newer Ethereum coin and I've missed out...

i know tat ethereum is in its hard times right now but i tend to believe that  it wipl cope with everything onnits way

[Welckomtome]

i think there is a very good chance that we end up seeing 2 coins in the end. probably ETH and ETHPoS coins. i say this because unlike other forks this fork is eliminating miners altogether and miners aren't known to go away that easily specially now that ETH ASIC miners are starting to grow. they will resist this fork and prevent it from happening.

I also agree that miners will resist. But unlike Ethereum on POW, Ethereum on POS will be supported and developed by the project team. And ultimately, only ETH will have a future at the POS.

yes that is true and i thinkmthat this cryptcurrency will not lose peopel s trust and will continue making us glad with different projects

[fortunecrypto]

I believe there won't be another coin after the fork. Even if there is a split, you will get them both because you own the version before the fork happens.

All I know is that's what really happens whenever a coin is fork, so we will have another coin on a wallet that we have eth I don't know much about the transition if this is going to be bad or good for the community but hey this is free money and who would not want a free money.