Eth 2.0 can be delayed to 2024...

[sp_]

You would lose money attacking the proof of stake Ethereum chain also. Dishonest validators get their ETH slashed.

This of POS as a voting system. currently only 10% of the supply is supporting the transition to POS and end of POW. we will end up with 2 coins. Ethereum POW, Ethereum POS.

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[bitquad]

You would lose money attacking the proof of stake Ethereum chain also. Dishonest validators get their ETH slashed.

This of POS as a voting system. currently only 10% of the supply is supporting the transition to POS and end of POW. we probobly will end up with 2 coins. Ethereum POW, Ethereum POS.

What percentage of Bitcoin holders are miners? Probably less than 10%. Not everyone is needed to stake Ethereum to secure the network. In the same way that you don't need 51% of Bitcoin holders to be miners.

There are currently over 300,000 Ethereum validators.

[swogerino]

You would lose money attacking the proof of stake Ethereum chain also. Dishonest validators get their ETH slashed.

This of POS as a voting system. currently only 10% of the supply is supporting the transition to POS and end of POW. we probobly will end up with 2 coins. Ethereum POW, Ethereum POS.

If that happens we all know who will win and I hope it ends like that if the devs really want to move to POS,one of those coins will be called Ethereum 2.0 inevitably but not for long as if they are divided one coin in POS and the other in POW we all know the lot of flaws in POS coins and most probably the POS version will end up in the trash pretty quickly.

I never thought of this scenario which I am liking and this should be a great problem solving regarding mining and moving to POS.

[FP91G]

You would lose money attacking the proof of stake Ethereum chain also. Dishonest validators get their ETH slashed.

This of POS as a voting system. currently only 10% of the supply is supporting the transition to POS and end of POW. we probobly will end up with 2 coins. Ethereum POW, Ethereum POS.

Ethereum POW=Ethereum Classic.
Why do we need another worthless coin?
The NVIDIA GeForce RTX 3090 profit is $1.24 ($0.05 per kilowatt). If the new Ethereum2 POW coin costs $100, then the profit with the TOP GPU will be 12 cents.
What if Ethereum2 POW costs $30 or less?

[sp_]

Ethereum POW=Ethereum Classic.

A rebel fork testnet has successfully been launched. With 100% of the nodes working as expected. Ready to be deployed.

1. The Ethereum POS stake holders funds will be vaulted.
2. The difficulty bomb has been removed.
3. The London fork burning code will be reverted.

Why do we need another worthless coin?

The rebel fork will be supported by some of the biggest exchanges in the world.

[sp_]

There are currently over 300,000 Ethereum validators.

The rebel fork will be supported by all the miners in the world 100 million++, all the miningpools, all the miner devs, And big companies like NVIDIA and AMD.

[sp_]

The best news of the rebel fork is that Vitalik Buterin's funds will be deleted. Together with all the POS lovers. Slava Ukraine!

All ethereum holders that haven't locked their funds will receive the same amount ethereum in the rebel fork. 1:1. The Implementation is done by a team of old Bitcoin devs.
You will get Ethereum lightning, dynamic blocksize to avoid expensive gas price (gwei) (We don't like that people in power control the gas price ), adding ethash+gpu minable randomx POW to avoid  asic attacks, refactor codebase to avoid buffer attacks- +++

[Coinfarm ventures]

All ethereum holders that haven't locked their funds will receive the same amount ethereum in the rebel fork. 1:1. The Implementation is done by a team of old Bitcoin devs.
You will get Ethereum lightning, dynamic blocksize to avoid expensive gas price (gwei) (We don't like that people in power control the gas price ), adding ethash+gpu minable randomx POW to avoid  asic attacks, refactor codebase to avoid buffer attacks- +++

Sounds like a miner's heaven, but the question is, who will actually use this coin or speculate on it? Don't we already have ETC? That is what actually drives the market cap of coins, which makes them profitable to mine at a large scale like ETH.

[styleshifter]

The rebel fork will be supported by all the miners in the world 100 million++, all the miningpools, all the miner devs, And big companies like NVIDIA and AMD.

Where can I find more information about this rebel fork?
Google search doesn't help.

[maXonja]

This is the first time that I have heard about eth rebel hardfork.
Can you give us more informations about it?

[sp_]

Ethereum 2.0 will fork the network, and they have implemented a difficulty bomb which will end POW. With a small modification of the wallet code, ethereum will still be minable. Solominers, Pools and exchanges would need to update their wallets.
Another Ethereum Classic, another Team. I am a coin dev and a miner dev with 9 years of blockchain experience, and my team is strong. I have also previously announced that I will create a new coin here on bitcointalk.

We will end up with the POW fork "Ethereum", and the new POS fork "Ethereum 2.0"

[sp_]

Sounds like a miner's heaven, but the question is, who will actually use this coin or speculate on it? Don't we already have ETC? That is what actually drives the market cap of coins, which makes them profitable to mine at a large scale like ETH.

If miners go together and dump Ethereum 2.0 POS and buy Ethereum POW that's the only financing you need.. The dumping is already ongoing (to pay the exchanges listing fees etc).. 10.8% of the supply (supporting POS) vs 89% of the supply (supporting POW).

10.8% have already voted POS, and they will loose their funds in the new POW fork..

[FP91G]

Ethereum POW=Ethereum Classic.

A rebel fork testnet has successfully been launched. With 100% of the nodes working as expected. Ready to be deployed.

1. The Ethereum POS stake holders funds will be vaulted.
2. The difficulty bomb has been removed.
3. The London fork burning code will be reverted.

Why do we need another worthless coin?

The rebel fork will be supported by some of the biggest exchanges in the world.

Please give a link to the rebel fork website or community. My search engine does not return the required information.
I am not against this fork, but the price of this coin is important for all miners.
Will all ethereum coin holders get rebel fork coins?
121 million coins is enough to drive the price of the coin very low.

[sp_]

Please give a link to the rebel fork website or community. My search engine does not return the required information.

We are a group of devs, The name of the coin, launch date and www depends on the Ethereum Team and what they do.

I am not against this fork, but the price of this coin is important for all miners.
Will all ethereum coin holders get rebel fork coins?
121 million coins is enough to drive the price of the coin very low.

At launch all Ethereum holders that haven't locked their funds for staking will receive the same amount of ethereum as they own. Currently this number is 89,2% of the supply but this it is expected to decrease if more users join the ethereum 2.0 staking pool.
Hard to guess the price, it's up to the market to decide.

[Coinfarm ventures]

Hard to guess the price, it's up to the market to decide.

That is the billion megahash question. The market cap of the rebel coin * the emission rate. What if you increased the block reward to 5 ETH?
But sounds like a plan and thank you for the effort. Let's go!
The more market cap it takes away from Vitalik & Co., the better.

[sp_]

What if you increased the block reward to 5 ETH?

Why not 200 ETH reward for a few days.

1. When the Difficulty bomb kicks in the POS fork,  the rebelfork can increase POW reward to 200 eth per block for a few days. (100 times more profitable)
2. Miners will leave the POS fork to mine on the more profitable POW fork. Causing collapse (extreme increase of blocktime) and panic in the POS fork.

Or a dynamic reward calculated from the blocktime in the POS fork.

15 second blocktime in the POS fork 3ETH reward in the POW fork
20 second blocktime in the POS fork 4ETH reward in the POW fork
25 second blocktime in the POS fork 5ETH reward in the POW fork
...

[adaseb]

How will this be performed exactly. From what i understand when the POS merge is finally decided, they will release an update and that update will have a block number where the fork will take place. All pools, exchanges, clients, wallets will run that new version.

So miners who don’t want POS will stay on the old version, there will be a split in the network when the block number is hit. However the issue will be the difficulty bomb, eventually it will slow down the network. So some devs will need to code it out and then have everyone upgrade their clients.

[sp_]

All pools, exchanges, clients, wallets will run that new version.

All pools will switch to the rebel fork client or shut down. Exchanges will support 2 coins. Ethereum POW (existing chain) Ethereum 2.0 (POS) the forked chain. With the difficulty bomb still inplace in the POS chain, there will be a period with 2 minable POW chains.

[a1 Hashrate LLC2022]

All pools, exchanges, clients, wallets will run that new version.

All pools will switch to the rebel fork client or shut down. Exchanges will support 2 coins. Ethereum POW (existing chain) Ethereum 2.0 (POS) the forked chain. With the difficulty bomb still inplace in the POS chain, there will be a period with 2 minable POW chains.

This work for me.

[adaseb]

I remember when ETC was born, was actually right when it was listed on Poloniex. It started trading on there and surprised many people and miners started to mine it again because the profitability was much higher due to the lower difficulty.

So all of this is possible, however it will need a listing at a decent exchange. I think if Binance were to list it then it has a good chance of pretty much becoming Ethereum Classic Classic. However the challenge will be if exchanges want to get involved in this, they probably don’t want to get in conflict with the ETH dev teams.