Proponents of the Ethereum fork are gearing up to eliminate the pivotal EIP-1559. A prominent Ethereum miner has published an open letter to the entire community.

The Twitter account for the EthereumPoW proposed chain-splitfork – EthereumPoW — stated that the “almighty” Ethereum Foundation had abandoned “decentralization” in its mission as the transition to proof-of-stake (PoS), neared.

Goals

In a long thread, the Ethereum fork supporters said EIP-1559 was an attempt by the Ethereum Foundation to build a bullish narrative at the expense of the miners. The “elites” were also accused of suppressing miners’ voices. They are instead a “political power and influence” that “should wield some of the political power and influence necessary to maintain an inclusive political system. They also accused the “TEF” and its associates of forcing miners to cooperate at will.

Designed to be a “truly distributed community of volunteers,” EthereumPoW claimed that the new token would not be pre-mined or inflation. The group will continue to be focused on PoW and Nakamoto Consensus.

“Abolition of EIP-1559. A truly inclusive society/system/society is open to all and there is no reason to punish one group over another. We will not idolize leaders like our predecessors. We strive to be an enlightened society.”

It also stated that it hopes to become fully autonomous and self-sustaining, without any government or entity controlling the blockchain. This is what it plans to do in the next three-years.

The idea was originally started by Chandler Guo, a prominent Chinese mining executive who recently spoke out about how many Ethereum mining companies approached him to fork. After Justin Sun, controversial Tron founder, supported the idea of a hard fork, it quickly gained momentum.

While Guo may lead the charge, the suggestion fork also received support from BitMEX, a derivatives platform that launched futures contracts that allow speculators leverage trades ETHPOW.

Its rival Tether also extended its support to service Ethereum’s new chain upon launch. Chainlink, however, confirmed that it will not support Ethereum forks after the Merge that is slated for September 19th.