EthereumPoW /ETHW

What is EthereumPoW (ETHW)?

EthereumPoW (ETHW) is a hard fork of the Ethereum blockchain launched in September 2022, following Ethereum’s transition to a Proof of Stake (PoS) system during The Merge. ETHW preserves the original Proof of Work (PoW) consensus mechanism, allowing miners to continue verifying transactions and securing the network using computational power. The blockchain was initiated by a group of miners and community members, with prominent support from blockchain advocate Chandler Guo, aiming to maintain the PoW model for users and developers who preferred it over PoS.

EthereumPoW operates similarly to pre-Merge Ethereum, using miners to solve complex mathematical puzzles to validate transactions and add new blocks. It supports smart contracts, decentralized applications (dApps), DeFi protocols, NFTs, and gaming projects, making it compatible with much of the Ethereum ecosystem. The ETHW token serves as the native currency, used for transaction fees, miner rewards, staking, and governance. ETHW’s initial token distribution mirrored Ethereum’s pre-fork supply, though staked ETH from Ethereum’s PoS contract was excluded from circulation on the PoW chain.

Key Features

• Consensus Mechanism → Proof of Work (PoW), using miners for transaction validation and network security.
  
  
• Compatibility → Supports Ethereum’s dApps, smart contracts (Solidity), DeFi, and NFTs.
  
  
• ETHW Token → Used for gas fees, miner rewards, staking, governance, and trading on exchanges.
  
  
• Ecosystem Components → Includes miners, nodes, smart contracts, and decentralized apps.
  
  
• Supply and Distribution → Initial supply matched Ethereum’s at the fork; no withdrawal from Ethereum’s staking contract reduces circulating supply.
  
  
• Security → Maintains PoW security model with the difficulty bomb removed to ensure continued mining.

What is ETHW Token?

The ETHW token is the native cryptocurrency of the EthereumPoW (ETHW) blockchain, which was launched as a hard fork of Ethereum after its switch to Proof of Stake in September 2022. ETHW is used to pay transaction (gas) fees, reward miners for validating blocks, and enable staking and governance participation within the EthereumPoW ecosystem. It functions similarly to ETH on the original Ethereum network, supporting smart contracts, decentralized applications (dApps), and DeFi services. ETHW’s initial circulating supply mirrored Ethereum’s at the time of the fork, except for ETH locked in Ethereum’s staking contract, which remained excluded.

Where to Buy ETHW Token: Top Exchanges and Trading Pairs

You can buy ETHW on major exchanges like HTX, OKX, Gate.io, Bybit, KuCoin, MEXC, Bitget, LBank, WhiteBIT, Kraken, Bitfinex, and Binance, as well as smaller platforms like XT.COM, CoinEx, BingX, and Poloniex. These exchanges primarily offer ETHW trading against USDT, USD, EUR, BTC, and other pairs.

Top wallets that support ETHW tokens?

 ETHPoW (ETHW) Wallets

When storing ETHPoW (ETHW), it’s important to choose wallets that balance security, ease of use, and compatibility. Some of the recommended wallets for ETHW include:

• OKX Wallet: A secure multi-chain wallet offered by the OKX exchange, supporting ETHW storage and transactions.
  
• ELLIPAL: A hardware wallet offering high-level offline security for ETHW and other cryptocurrencies.
  
• Atomic Wallet: A popular multi-asset software wallet known for user-friendly interfaces and support for ETHW.
  
• GARUDA Wallet: A lesser-known wallet that supports ETHW and provides cross-chain storage capabilities