While Merge is fast approaching from the transition stages of Ethereum (ETH) to Proof of Stake, the big players in the cryptocurrency sector are planning their next steps.
One of these players, the Chainlink (LINK) team, explaining in detail their suggestions and steps for the planned Merge, announced that they will not support the forked structure of the network, including Proof of Work, but that they are closely following the update.
The company said in a statement:
The Chainlink protocol and services will continue to run on the Ethereum blockchain during and after the Merge for Proof of Stake consensus. It should be noted that forked versions of the Ethereum blockchain, including Proof of Work forks, will not be supported by the Chainlink protocol.
Chainlink: Beware of Unforeseen Events
Chainlink, which provides Oracle service for blockchain networks, made a new statement as Ethereum’s Merge developments accelerate. The team said its developers and dApp teams would be better off stopping smart contracts and operations “in order to protect the end user against unforeseen errors” if they are “not sure of the migration strategies surrounding Merge.”
Also, as reasons for making this warning:
DApp operations on the forked Ethereum network, including PoW forks, can run unexpectedly with potential issues at both the application and protocol level. This may result in increased risk for users.
The team promised that they will closely monitor the Ethereum Merge to ensure that Chainlink services continue at the most secure level.
