Huobi plans to list postmerge Ethereum forks that meet its security requirements

Crypto exchange Huobi said it will list any hard forks of Ethereum following the network’s planned switch to proof-of-stake (PoS) consensus — so long as they meet five requirements. Getting listed on an exchange allows speculators to buy and sell a crypto token and creates more legitimacy in the eyes of some investors. Ethereum is inching closer to a switch to PoS from energy-intensive proof-of-work (PoW) consensus, a long-awaited shift known as “the merge” that might come as soon as September. The change could, however, meet resistance from Ethereum miners who have spent billions on equipment that will no longer be needed to run the network.