Uniswap will not back potential Ethereum PoW forks

Uniswap protocols will not support any Ethereum forks on the Proof-of-Work algorithm after The Merge. The claim was made by Uniswap Labs, the organisation behind the project.

The Merge is coming, but Uniswap users don’t need to do anything. We support the upgrade & have no plans to back forks in our web app.

For those building, read our blog on keeping web3 safe post-merge when dealing with replayable permits & TWAP oracles. https://t.co/MA7l8j0rnv

— Uniswap Labs 🦄 (@Uniswap) September 7, 2022

The project team noted that migrating Ethereum to the Proof-of-Stake algorithm will create potential problems for the TWAP price oracle in version 3 of the protocol.

the possible launch of PoW forks of the network of the second-largest cryptocurrency during the upgrade could open a new attack vector against Uniswap via the re-enabling of transfers.

«Ultimately, these are small problems, and they are worth addressing, given the benefits for the entire ecosystem. We are excited and looking forward to The Merge!», — the developers said.

Earlier, a number of major industry players, including Chainlink, mining-pool Ethermine and NFT marketplace OpenSea, refused to back potential Ethereum PoW forks.

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