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JPMorgan Sees Concerns for Ethereum Blockchain After Merger

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JPMorgan Sees Concerns for Ethereum Blockchain After Merger

The change earlier this month spurred a hard fork, splitting the blockchain in half and giving rise to a spin-off chain called Ethereum PoW. Some exchanges and platforms have shown support for the forked version, which still uses proof of work (PoW) verification, and at least 19 former ether mining pools are active there, JPMorgan said in a research note Wednesday. The forked chain could split the Ethereum community, the firm said.

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