Exploring EthereumPoW: The Evolution of Ethereum

Unveiling ETHPoW (ETHW)

ETHPoW (ETHW) emerges as a hard fork of the Ethereum blockchain coinciding with the Ethereum Merge. While the Merge ushers Ethereum into the realm of proof-of-stake, the forked iteration remains steadfast on the proof-of-work protocol.

Pioneers Behind ETHPoW

ETHPoW garners support from a diverse global community advocating for proof-of-work over proof-of-stake or advocating for the preservation of both paradigms (PoW and PoS) to cater to Ethereum's builders and users.

Unique Features of ETHPoW

ETHPoW mirrors the state of Ethereum at the block height of the Merge, offering DApp developers and stablecoin issuers the flexibility to select their preferred Ethereum chain. This pivotal capability extends to copying app states, potentially doubling the array of DApps and liquidity available on Ethereum to EthereumPoW.

For a detailed exploration of the disparities between the two chains, delve into our comprehensive comparison in the Ethereum PoS vs. Ethereum PoW article.

Understanding ETHPoW's Circulation

Initially forking from the Ethereum blockchain, ETHW commences with an identical circulating supply as proof-of-stake Ethereum. However, due to the nature of the ETH 2.0 staking contract (0x00000000219ab540356cBB839Cbe05303d7705Fa), wherein staked ETH cannot be withdrawn on EthereumPoW, the circulating supply of ETHW undergoes a reduction of 13,712,994 units.

Security Measures of the ETHPoW Network

Remaining faithful to the proven proof-of-work mechanism employed by the Ethereum mainnet since its inception, ETHPoW steadfastly upholds the legacy of Ethereum's mining infrastructure. The scheduled difficulty bomb has been entirely eliminated, ensuring the continuity of mining operations on ETHPoW.

Procuring ETHPoW (ETHW)

ETHW currently enjoys tradability on numerous leading exchanges, facilitating seamless access for enthusiasts and investors alike.

Related Resources:

Discover Ethereum (ETH) — the foundational blockchain that ETHW is poised to fork from, slated to undergo the much-anticipated Merge on September 15, 2022.

Delve into the intricacies of tokenization and Ethereum scaling in our detailed exploration.

Gain insights into the Ethereum Merge through our comprehensive analysis of Ethereum 2.0.