What is EthereumPoW (ETHW)? How Does it Work?

EthereumPoW is a project created in response to Ethereum’s Merge process. It was formed through a hard fork of the Ethereum blockchain. EthereumPoW was developed by miners who were affected by the transition to the Proof of Stake (PoS) protocol in the Ethereum network after The Merge. The native cryptocurrency of the network is ETHW. In this article, you can find information on EthereumPoW (ETHW), including what it is, how it works, how to buy EthereumPoW (ETHW), and how to trade ETHW/USDT pairs.

What is EthereumPoW (ETHW)? How Does It Work?

One of the stages of Ethereum 2.0, aimed at increasing transaction capacity, reducing fees, and making the Ethereum network more sustainable, is the The Merge update. With Ethereum 2.0, the Ethereum network transitioned from the Proof of Work (PoW) protocol to Proof of Stake (PoS). In response to this transition, the idea of EthereumPoW emerged as a countermeasure. While the Ethereum network switched to the Proof of Stake protocol with The Merge, it was decided that the forked version would remain on the Proof of Work protocol.

EthereumPoW was created by Ethereum miners in response to the transition of Ethereum to the Proof of Stake protocol, which makes Ethereum mining no longer possible. As a result, miners who can no longer use their mining hardware for Ethereum decided to propose creating a new network through a hard fork of the Ethereum blockchain. It was decided that the new blockchain would continue using the Proof of Work protocol. Ethereum miners, however, are unable to mine Bitcoin because their hardware is not compatible with Bitcoin mining.

How to Store EthereumPoW (ETHW)?

ETHW operates on the EthereumPoW network. You can manage your ETHW balances using desktop, mobile, and hardware wallets that support the EthereumPoW network.

How to Buy and Sell EthereumPoW (ETHW)?

You can use the BtcTurk | Global website to buy and sell EthereumPoW (ETHW) with Tether (USDT). If you are not a member of BtcTurk | Global, you can sign up on our website and start trading EthereumPoW (ETHW) right away.