.TronDAO founder JustinSunTron has emerged as one of the most prominent investors supporting a hard fork of Ethereum after the blockchain switches to a proof-of-stake.
of Ethereum after the blockchain switches to a proof-of-stake mechanism, an event known as The Merge, that's expected in September.
Developers say the move away from a proof-of-work system will make the network much cheaper, faster and environmentally friendly. It will also mean the end of an income stream for Ethereum miners, who are rewarded with ether tokens for supplying resources to the blockchain.
“We currently have more than 1 million ETH,” Sun said in a Thursday tweet. “If Ethereum hard fork succeeds, we will donate some forked #ETHW to #ETHW community and developers to build Ethereum ecosystem.
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