Ethereum blockchain shifted from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism on Sept. 15, 2022. Along with this move, ETHPoW, a distinct PoW blockchain (basically the old pre-Merge Ethereum) forked from Ethereum's Merge, became live. This forked version of Ethereum aims to maintain the proof-of-work mining process for ETH miners.
Any miner is permitted to add a block to the PoW network with the clear stipulation that the first valid block published is the correct one. In reality, more than one legitimate block is occasionally discovered by the network due to the latency of data propagation, creating numerous branches of the blockchain called a fork.
This article will discuss the proof-of-work Ethereum fork, the history of PoW Ethereum and the differences between ETH and ETHW.
What is ETHPoW (ETHW)?
The long-awaited "The Merge" upgrade for Ethereum reduced the requirement for miners. It replaced them with validators who stake Ether (ETH) rather than using...
Read Full Story:
https://cointelegraph.com/news/what-is-pow-ethereum-ethw-and-how-does-it-work
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.