Speaking in a closed press conference during ETHSeoul in South, Ethereum founder, Vitalik Buterin, called people pushing for a hard fork of Ethereum to retain proof-of-work “simply trying to make a quick buck.”

Justin Sun recently announced support for a hard fork of Ethereum post-merge by listing two new tokens on his Poloniex exchange. The tokens will be named ETHS and ETHW, related to proof-of-stake and proof-of-work, respectively. ETHW will represent a newly created hard fork of Ethereum where GPU miners continue to mine Ethereum after the merge of the Beacon chain. Some Chinese miners have reportedly signed up to be a part of this new chain in conjunction with Justin Sun.

Further, Sun is looking to incentivize a move to fork Ethereum to retain a version of the current …