ETHW
EthereumPoW
$0.2303
1.99%
EthereumPoW
ETHW
$0.2303
1.99%
EthereumPoW Price Converter
EthereumPoW Information
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About EthereumPoW
EthereumPoW (ETHW) is a PoW-based token created from the hard fork of Ethereum. Tradable on several exchanges, users can claim ETHW using their Metamask wallet on the ETHPoW network. ETHW has a different inflation rate than Ethereum on PoS due to its PoW consensus.
ETHW is a hard fork of the original Ethereum blockchain network, which went live after The Merge. EthereumPoW will continue with the contentious PoW consensus mechanism, while Ethereum will move over to the energy-efficient PoS consensus.
EthereumPoW is a Proof of Work version of Ethereum, a community-driven initiative. As Ethereum transitioned to POS rendering miners and making their equipment’s obsolete a China-based Ethereum miner Chandler Guo proposed an alternative plan. ETHW Core was formed which is a group of independent software developers and miners lead by veteran Chandler Guo. The highly anticipated update to the Ethereum blockchain, The Merge, took place on September 15, 2022. Crypto enthusiasts eagerly looked forward to the shift from proof of work (PoW) to proof of stake (PoS) consensus.
The snapshot was taken at the Merge block. The exact time at — https://etherscan.io/block/15537393
Everyone who held ETH on Ethereum blockchain before the fork will receive the same amount of ETHW (new PoW blockchain’s native token) after the merge.
EthereumPoW Core tried to make minimum changes to keep the PoW-based Ethereum, with chain sustainability in mind, thus most are being kept the same.
So far, the difficulty bomb is disabled and the EIP-1559 base fee will be distributed to miners. The Core plans to support 4G DAG size later. No plan to make the mining algorithm to be ASIC-resistant.
Network Name: ETHW-mainnet New RPC URL: https://mainnet.ethereumpow.org Chain ID: 10001 Currency Symbol: ETHW Block Explorer URL: https://www.oklink.com/en/ethw
With ETHW initially forking the Ethereum blockchain, the chain would start with the same circulating supply as proof-of-stake Ethereum. However, since the post-Merge Ethereum will have a much lower inflation rate than its current PoW version, the two chains would diverge in their coin supply. If EthereumPoW continues to be mined, its supply will grow at a faster rate than that of Ethereum on PoS.
