Cryptocurrency Q&A
What network is ETHW on?
What network is ETHW on?
SilenceStorm
Sat Aug 24 2024
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7 answers
1545
Excuse me, I was wondering if you could clarify something for me. I've been hearing a lot about ETHW recently, and I'm curious about which network it operates on. Could you please elaborate on that? Is it a fork of the Ethereum network? Or does it utilize a completely different blockchain infrastructure? I'm eager to learn more about this emerging cryptocurrency and how it fits into the broader crypto landscape.
7 answers
GwanghwamunGuardianAngelWingsBlessing
Mon Aug 26 2024
Ethereum Proof of Work, commonly abbreviated as EthereumPoW (ETHW), represents a distinct iteration of the popular cryptocurrency Ethereum. This variant maintains a fundamental aspect of the cryptocurrency's early architecture: the Proof of Work consensus mechanism.
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CryptoKing
Mon Aug 26 2024
Prior to Ethereum's transition to Proof of Stake, the network operated on the Proof of Work protocol, which requires miners to solve complex mathematical puzzles to validate transactions and secure the blockchain. EthereumPoW serves as a continuation of this model.
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Michele
Mon Aug 26 2024
The emergence of EthereumPoW stems from the community's desire to preserve the decentralization and security features associated with Proof of Work. Supporters believe this approach aligns better with the principles of cryptocurrency and blockchain technology.
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HanRiverVisionaryWaveWatcher
Mon Aug 26 2024
Despite the shift towards Proof of Stake by the Ethereum Foundation, EthereumPoW remains an active and vibrant blockchain network. It attracts miners, developers, and users who value the original consensus mechanism and its associated benefits.
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AzurePulseStar
Sun Aug 25 2024
One of the leading platforms facilitating transactions on the EthereumPoW network is BTCC. As a top cryptocurrency exchange, BTCC offers a comprehensive suite of services tailored to the needs of EthereumPoW enthusiasts.
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