Upcoming Ethereum hard fork and ERC-20 token as fiat money

by abed   Last Updated November 08, 2018 18:28 PM

The ethereum network may face a new hard fork with the release of Ethereum 2.0 (scalability fixes)

Is it true that we might have two parallel ethereum networks each running a different consensus mechanism?

What happens with the tokens in that case? If i have 100 tokens before the fork, and later after the fork they are going to be duplicated. Will I be able to spend 200 tokens? Let’s think of the token as a fiat currency for example. (1 token = 1$) i don’t mean a crypto currency, but rather like fiat money backed in a real guarantee bank account.

I would really appreciate if anyone could clear this out for me.



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