What Is ETHPoW (ETHW)?
EthereumPoW (ETHW) is a hard fork of Ethereum blockchain with the Ethereum Merge. The Merge saw Ethereum transition to proof-of-stake, while the forked version remains on proof-of-work.
Read: All You Ever Wanted to Learn About the Ethereum Merge
Who Are the Founders of ETHPoW?
EthereumPoW is supported by people from all over the world who prefer PoW to PoS or who simply want to keep both options(PoW and PoS) for builders and users on Ethereum.
What Makes ETHPoW Unique?
EthereumPoW has cloned the state of Ethereum at the block height of the Merge. That allows DApp developers and stablecoin issuers to choose which Ethereum chain they support — or copying the app states too, which would double the DApps and liquidity on Ethereum to EthereumPoW.
You can read more about the differences between the two chains in our Ethereum PoS vs Ethereum PoW article.
Related Pages:
Check out Ethereum (ETH) — the blockchain that ETHW is potentially going to fork, and is expected to undergo the long-awaited Merge in Sept. 15, 2022.
Read our deep dive into tokenization and Ethereum scaling.
Learn more about the Ethereum Merge in our deep dive into Ethereum 2.0.
How Many ETHPoW (ETHW) Coins Are There in Circulation?
With ETHW initially forking the Ethereum blockchain, the chain would start with the same circulating supply as proof-of-stake Ethereum. However, since the ETH 2.0 staking contract 0x00000000219ab540356cBB839Cbe05303d7705Fa only has a "deposit" function, those staked ETH cannot be withdrawn on EthereumPoW. Hence the circulating supply of ETHW is reduced by 13,712,994.
How Is the ETHPoW Network Secured?
ETHPoW sticks to the same proof-of-work mechanism Ethereum mainnet had been using since its inception before the Merge. The scheduled difficulty bomb has been completely removed, so ETHPoW can continue to be mined.
Where Can You Buy ETHPoW (ETHW)?
ETHW is currently tradable on most major exchanges