The EthereumPoW Team Reveals Behind the Official ETHW Launch This will happen within 24 hours after The Merge.
As announced on Twitter by @EthereumPoW, the social media account behind the main network ETHW announced its plans along with details on its strategy.
The team expects “ETHW Network to take place within 24 hours after The Merge,” with the exact time to be announced 1 hour before launch. It comes with a countdown timer, the chainID is changed to 10001, and the final code , config files, binaries, and other important items such as node data , RPC and explorer data will be available.
And in order to have enough time for the chainID change, the mainnet will run for the specified time after processing 2048 empty blocks. This means that the first ETHW block with any transaction on the mainnet will be the Merge block +2049.
“Therefore, Merge block +2049 will be the first block in ETHW that may contain any transaction,” the official account stated.
The initial mining difficulty will not fall below ~220 T, or 15 TH/s, in terms of hash rate, while several exchanges showing interest in ETHW include Poloniex, Bitfinex and Coinbase.
EthereumPoW is the brainchild of Chinese crypto miner Chandler Guo, who announced the hardfork on Twitter on July 27, 2022.
The post EthereumPoW team reveals the official fork date appeared first on Bitcoin Addict.