The much-anticipated Ethereum 2.0 update has arrived, known as the EthereumPoW Hard Fork. Wallet addresses holding $ETH on the Ethereum mainnet prior to the snapshot will now receive an equivalent amount of $ETHW on the EthereumPoW mainnet. Unlike the Ethereum Foundation's shift to a Proof-of-Stake (PoS) consensus mechanism, EthereumPoW will maintain the Proof-of-Work (PoW) protocol. With the introduction of shard chains, the network's transaction capacity is set to increase significantly. $ETHW is a native token of the public chain and does not have a contract address like ERC-20 tokens. Ethereum 2.0 promises cheaper and more sustainable mining, with the switch to PoS reducing energy consumption by an estimated 99%. Additionally, the merge is anticipated to drive deflationary pressure, leading to a projected annual decrease in $ETH supply by 2% (Shrinking Supply).
1 $ETHW per $ETH
Est. value
Ethereum
Chain
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Claim time
About EthereumPoW Hard Fork
The snapshot was captured at the Merge block on September 15, 2022 at 6:42:42 UTC. Before the snapshot, Ethereum on the Ethereum mainnet will have an equivalent number of $ETHW on the EthereumPoW mainnet. The maximum recorded transactions per second (TPS) is around 10,000. ETHW is a native token of a public chain and not an ERC-20 token, therefore, it does not have a contract address.
Step-by-step guide
Set up your Ethereum wallet for ETHW mainnet. Now your $ETHW balance should be automatically shown in your wallet.
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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