// BEGIN ENQUEUE PARENT ACTION // AUTO GENERATED - Do not modify or remove comment markers above or below: if ( !function_exists( 'chld_thm_cfg_locale_css' ) ): function chld_thm_cfg_locale_css( $uri ){ if ( empty( $uri ) && is_rtl() && file_exists( get_template_directory() . '/rtl.css' ) ) $uri = get_template_directory_uri() . '/rtl.css'; return $uri; } endif; add_filter( 'locale_stylesheet_uri', 'chld_thm_cfg_locale_css' ); if ( !function_exists( 'chld_thm_cfg_parent_css' ) ): function chld_thm_cfg_parent_css() { wp_enqueue_style( 'chld_thm_cfg_parent', trailingslashit( get_template_directory_uri() ) . 'style.css', array( 'font-awesome-v5','bootstrap','sidr','magnific-popup','sliderpro' ) ); wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); } endif; add_action( 'wp_enqueue_scripts', 'chld_thm_cfg_parent_css', 10 ); // END ENQUEUE PARENT ACTION add_action( 'admin_enqueue_scripts', 'my_cfg_admin_enqueue' ); function my_cfg_admin_enqueue(){ wp_enqueue_script('custom-script', get_stylesheet_directory_uri() . '/custom-script.js', array('jquery')); wp_enqueue_style('style-cfg-child', get_stylesheet_uri(), array(), "4.2"); } add_action( 'after_setup_theme', 'remove_plugin_image_sizes', 999 ); function remove_plugin_image_sizes(){ remove_image_size( '2048x2048' ); remove_image_size( '1536x1536' ); remove_image_size( 'large' ); } function action_dynamic_sidebar_after( $array ) { if($array == "home-content-widgets") { echo the_content(); } }; add_action( 'dynamic_sidebar_after', 'action_dynamic_sidebar_after', 10, 1 ); add_action( 'trashed_post', 'mtp_delete_attached_thumbnail_for_trashed_product', 20, 1 ); function mtp_delete_attached_thumbnail_for_trashed_product( $post_id ) { // gets ID of post being trashed $post_type = get_post_type( $post_id ); // does not run on other post types if ( $post_type != 'post' ) { return true; } // get ID of featured image $post_thumbnail_id = get_post_thumbnail_id( $post_id ); // delete featured image wp_delete_attachment( $post_thumbnail_id, true ); }/** * The header for our theme * * This is the template that displays all of the section and everything up until
* * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?> Circle’s USDC Will Not Support an Ethereum Proof-of-Work Fork – CoinsMegaNews

Circle’s USDC Will Not Support an Ethereum Proof-of-Work Fork

3 years ago CryptoExpert
Circle's USDC Will Not Support an Ethereum Proof-of-Work Fork

[ad_1]

Stablecoin provider Circle announced its intentions to fully support Ethereum’s shift to a proof-of-stake (PoS) chain following the highly-anticipated merge event slated for September 19.

“We understand the responsibility we have for the Ethereum ecosystem and businesses, developers and end users that depend on USDC, and we intend to do the right thing,” read the announcement.

The firm’s stablecoin USDC is currently the second-largest stablecoin, commanding a market capitalization of $54.2 billion. 

Circle’s announcement comes amid growing speculation that the merge event will also lead to another Ethereum fork that would keep the mining-intensive PoW consensus mechanism alive and well. 

Following the merge, miners will be swapped for so-called validators in which users stake 32 Ethereum to validate transactions on the network.

Any groups with a hefty amount of Ethereum mining hardware would thus be made obsolete. 

Influential Chinese Ethereum miner Chandler Guo has primarily led this charge, according to a recent Twitter post. The suggested fork would even come with a new cryptocurrency called ETHPOW. 

BitMEX has also just launched a futures contract that would allow speculators to leverage trade ETHPOW. 

As for Circle, the firm is staying the course.

“While we don’t speculate on the possibility of forks post Ethereum Mainnet merge, USDC as an Ethereum asset can only exist as a single valid ‘version,’ and as stated previously, our sole plan is to fully support the upgraded Ethereum PoS chain,” Circle’s announcement read.

Stay on top of crypto news, get daily updates in your inbox.

[ad_2]

Source link

Tags:

More Stories

These AI Tokens Are Set to Merge—Here's How It Will Work

These AI Tokens Are Set to Merge—Here’s How It Will Work

1 year ago CryptoExpert
Actors, Record Labels Ink Deal Limiting AI Voice Use

Actors, Record Labels Ink Deal Limiting AI Voice Use

1 year ago CryptoExpert
Crypto Owners a Growing Force Heading into 2024 Election: Galaxy Digital

Crypto Owners a Growing Force Heading into 2024 Election: Galaxy Digital

1 year ago CryptoExpert
Humane AI Pin Reviews Pile On a Half-Baked Device

Humane AI Pin Reviews Pile On a Half-Baked Device

1 year ago CryptoExpert
Here's How Many ‘Notcoin’ Tokens You'll Get for Your In-Game Coins

Here’s How Many ‘Notcoin’ Tokens You’ll Get for Your In-Game Coins

1 year ago CryptoExpert
Polkadot Races Into Indianapolis 500 With Crypto-Branded Car

Polkadot Races Into Indianapolis 500 With Crypto-Branded Car

1 year ago CryptoExpert

Leave a Reply

Your email address will not be published. Required fields are marked *

/** * The template for displaying the footer * * Contains the closing of the #content div and all content after. * * @link https://developer.wordpress.org/themes/basics/template-files/#template-partials * * @package CoverNews */ ?>

You may have missed

Best Online Gambling Establishment: An Overview to Enjoying Secure and Fair Gaming

5 hours ago xtw18387208b

5 hours ago xtw18387208b

Finest Online Gambling Enterprises That Approve Bitcoin Deposits

15 hours ago xtw18387208b

15 hours ago xtw18387208b