Ethereum has been updated to ETH 2.0 with the EthereumFair Hard Fork. Any wallet address that held ETH on the Ethereum mainnet before the snapshot now has the equivalent number of ETHF on the EthereumFair mainnet. EthereumFair has chosen to maintain the Proof-of-Work (PoW) consensus mechanism, contrasting with the Ethereum Foundation's shift to a Proof-of-Stake (PoS) consensus mechanism. The new shard chains will increase the network's transaction capacity. ETHF is a native token of a public chain and not an ERC-20 token, resulting in no contract address. EthereumFair is optimized for ETH's existing mining algorithm within the EIP-1559 protocol. The mining difficulty is adjusted to zero and is based on mining costs. ETH 2.0 will introduce cheaper mining mechanics, reducing energy usage by over 99% with proof of stake. This merge is expected to create deflationary pressure, leading to a decrease of 2% in the supply of ETH per year.
1 $ETHF per $ETH
Est. value
Ethereum
Chain
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Claim time
About EthereumFair Hard Fork
The snapshot was taken at the Merge block on September 15, 2022, at 6:42:42 UTC. On the Ethereum mainnet, ETH held before the snapshot will be equivalent to the number of $ETHF on the EthereumFair mainnet. EthereumFair supports up to 10,000 transactions per second. $ETHF is a native token on a public chain, not an ERC-20 token, eliminating the need for a contract address. EthereumFair is optimized for ETH's mining algorithm under the EIP-1559 protocol, with difficulty adjusted to 0 based on mining cost.
Step-by-step guide
Set up your Ethereum wallet for ETHF mainnet. Now your $ETHF balance should be automatically shown in your wallet. If you had any $ETH right before the merge, you will have 1 $ETHF for each $ETH.
Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
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