Founder of BTC. TOP and famous Chinese miner Jiang Zhoer predicted that the transition of Ethereum to a “green” blockchain will take place between October and December this year. According to him, the bear market will end at the end of 2022.
It should be noted that this forecast contradicts the statement of ETH co-founder Vitalik Buterin. The latter assured the crypto community that the blockchain will switch to the Proof-of-Stake consensus algorithm in August.
And yet the words of the Chinese miner are worth listening to – last Saturday the founder of BTC. TOP said bitcoin will rise this week. What happened – at least for the last day, the cryptocurrency rate № 1 has risen and now stands at about $ 31,500.
The move to a PoS consensus algorithm is often linked to environmental activism, but there is another view – many believe that bitcoin, on the other hand, can help fight global warming. This misunderstanding is also used by the governments of many countries – they want to control the “harmful” bitcoin, they are introducing new regulatory restrictions.