To ensure continuity of user operation on Ethereum, Chainlink Labs claimed to not support PoW versions after The Merge. The Merge is the most important upgrade in Ethereum’s history, referring to the merger of two blockchains, Ethereum 1.0 (using Proof-of-Work to mine coins) and Ethereum 2.0 (using Proof-of-Stake and staking ETH to generate new coins). There has been a lot of controversy surrounding the split of ETH1 and ETH2 after The Merge but if all goes well, The Merge will officially be activated in the third week of September.
Chainlink is the latest name claiming to still work on the Ethereum PoS blockchain during and after The Merge. Fork versions of Ethereum will not be supported by this oracle platform. For Ethereum developers and dApp teams who are unsure of their migration strategy surrounding The Merge, Chainlink also advises them to pause smart contract operations to avoid unforeseen problems and protect end users. dApps that work on Ethereum’s fork versions, especially PoW forks, will likely face unexpected problems due to both protocol and application-level issues, increasing the risk for users.
Developers also need to make sure external dependencies their contracts will still work well during and after The Merge. Chainlink Labs will continue to monitor any developments around Ethereum Merge to ensure the highest level of trust in its services. Chainlink is an oracle protocol that is trusted by many dApps on Ethereum, but without supporting PoW chains, it is difficult for dApps to maintain operations on these chains.
On the other side, Poloniex started trading two tokens ETHS and ETHW predicting the situation Ethereum will be chained following The Merge occasion.MEXC and Huobi are also considering similar action.
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