The “Ethereum PoW hard fork” date is confirmed! Teams: Launch within 24 hours of merge

Ethereum will be merged and upgraded in 2 days, and then it will transition to a proof-of-stake (PoS) consensus mechanism, eliminating the existing proof-of-work (PoW) mechanism, and the team that advocates retaining the Ethereum PoW mining mechanism EthereumPoW (ETHW) slightly Zaoya finally announced that the hard fork is expected to be officially launched within 24 hours after the merger.

The ETHW mainnet will be deployed within 24 hours of the merger. The exact time will be announced through a countdown timer 1 hour before the release, after which the ChainID of ETHW will be switched to 10001, and all information including final code, binary files, configuration files, node information, RPC, resource managers, etc. will be disclosed. content.

According to EthereumPoW, in order to provide enough time for the ChainID switch, the ETHW mainnet will go online at a specified time after processing 2048 blank blocks. Therefore, “Merge block + 2049” will be the first block on the ETHW mainnet to include block of transactions.

At present, the team has released ETHW full node data on Github, and cryptocurrency exchanges including Poloniex, Bitfinex and Coinbase have also expressed their support for the EthereumPoW hard fork, and some exchanges have even listed ETHW tokens for a long time. .

According to data from CoinMarketCap, ETHW has fallen more than 78% from its all-time high of $141.36 on Aug. 8 to $31.12 at press time.

Although EthereumPoW’s hard fork plan has attracted much attention, Ethereum co-founder Vitalik Buterin does not seem optimistic about the prospects of ETHW. He has said that although he does not think the Ethereum mainnet will suffer serious damage due to another hard fork , but don’t expect it to gain mass, long-term adoption.

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