Uniswap Announces It Will Not Support Potential Ethereum PoW Forks
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Uniswap protocols will not support any Proof-of-Work (PoW) Ethereum forks after The Merge, the organization behind the project, Uniswap Labs, has announced.
According to the announcement, the migration of Ethereum to the Proof-of-Stake algorithm will create potential problems for the operation of the TWAP price oracle in the third version of the protocol.
At the same time, the possible launch of PoW forks of the ETH network during the update may open a new attack vector against Uniswap due to the implementation of re-authorization for the transfer of funds.
The experts have said:
“Ultimately, these are small issues and worth tackling given the benefits to the entire ecosystem. We are excited and looking forward to The Merge!”
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