Bittime - EthereumPoW (ETHW) is a blockchain fork of Ethereum that maintains the Proof-of-Work (PoW) consensus mechanismafter Ethereum's transition to Proof-of-Stake (PoS). ETHW aims to continue the legacy of Ethereum PoW and offer a platform for miners and users who wish to continue using the PoW mechanism.
ETHW has the same features and utilities as ETH on Ethereum, including ETHW tokens, compatibility with the Ethereum Virtual Machine (EVM), and PoW features. ETHW is supported by an active and fast-growing community, as well as many Ethereum miners.
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What is EthereumPoW (ETHW)?
EthereumPoW (ETHW) is a blockchain fork of Ethereum that maintains the Proof-of-Work (PoW) consensus mechanism after Ethereum's transition to Proof-of-Stake (PoS) in September 2022.
ETHW aims to continue the legacy of Ethereum PoW and offer a platform for miners and users who wish to continue using the PoW mechanism.
EthereumPoW (ETHW) Key Products & Features
- Compatibility with Ethereum: ETHW is compatible with the Ethereum Virtual Machine (EVM), meaning that existing dApps and smart contracts on Ethereum can be run without modification on ETHW.
- Mining: ETHW allows miners to use their Ethereum mining hardware to earn ETHW rewards.
- PoW Features: ETHW maintains Ethereum's well-known PoW features, such as security and transaction finality.
What is ETHW?
ETHW is the native token of the EthereumPoW blockchain. ETHW has the same functions and utilities as ETH on Ethereum, including:
- Gas fee: ETHW is used to pay gas fees for transactions on the ETHW blockchain.
- Staking: ETHW holders can stake their tokens to earn rewards and help secure the network.
- Governance: ETHW holders can participate in the governance of the ETHW blockchain and vote on proposals that will affect the future of the platform.
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ETHW Token Tokenomics
- Maximum Supply: Unlimited
- Circulating Supply: 55 million ETHW (as of February 2024)
- Token Distribution: Determined based on a snapshot of the Ethereum blockchain before The Merge.
EthereumPoW (ETHW) Fundamental Analysis:
- Community: ETHW has an active and fast-growing community of over 100,000 users.
- Miner Support: ETHW is supported by many Ethereum miners who want to continue using their hardware.
- Potential: ETHW has the potential to become a leading PoW platform and attract new users and dApps.
Comparison of EthereumPoW (ETHW) & Competitors (Spreadsheet):
| Platforms | Main feature | Excess | Lack |
| EthereumPoW (ETHW) | Compatibility with Ethereum, Mining, PoW Features | Active community, Miner Support | Lack of dApps adoption, PoW security risks |
| Ethereum (ETH) | Leading smart contract platform, Transition to PoS | Better security and scalability | High gas fees, Lack of compatibility with PoW dApps |
| Ravencoin (RVN) | PoW platform focused on digital assets | Secure and decentralized digital assets | Lack of dApps adoption, Smaller community |
Expert Opinion About EthereumPoW (ETHW)
- "ETHW is an exciting project with the potential to become a leading PoW platform." - Chandler Guo, Ethereum Miner and Investor
- "ETHW has a strong and passionate community that supports it." - Justin Sun, Founder of Tron Foundation
- "ETHW's future depends on its ability to attract new dApps and users." - Changpeng Zhao , CEO of Binance
EthereumPoW (ETHW) Founder and Team
ETHW does not have a single founder, but was initiated by a group of Ethereum miners and the PoW community. The ETHW team consists of experienced blockchain developers and engineers.
Conclusion
EthereumPoW is a new and innovative PoW platform with the potential to attract new users and dApps. ETHW offers compatibility with Ethereum, mining and the famous PoW feature. ETHW's future depends on its ability to build a strong community, attract new dApps, and overcome PoW security challenges.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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What is the SPL Token Standard and Solana Token-2022
What is a Liquidity Provider Token (LP Token)?
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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