{"id":10943,"date":"2022-09-12T22:57:00","date_gmt":"2022-09-12T19:57:00","guid":{"rendered":"https:\/\/alfacash.blog\/?p=10943"},"modified":"2024-02-19T21:50:25","modified_gmt":"2024-02-19T18:50:25","slug":"ethereum-merge-comes-you-could-get-free-tokens","status":"publish","type":"post","link":"https:\/\/alfacash.blog\/de\/2022\/09\/12\/ethereum-merge-comes-you-could-get-free-tokens\/","title":{"rendered":"Ethereum Merge comes, and you could get some free tokens"},"content":{"rendered":"

The second cryptocurrency by market capitalization is crossing into a new era. The update known as \u201cThe Merge\u201d will soon replace the classic Proof-of-Work (PoW) system with Proof-of-Stake (PoS). In other words, there won\u2019t be more crypto mining on this blockchain. And, after the Ethereum Merge, you could also get some free tokens if you\u2019re already an ETH holder.<\/strong><\/p>\n\n\n\n

To understand that last part, we need to talk a bit about blockchain forks. They happen when a whole network is cloned to apply changes in the new copy, but always parting from the original. That\u2019s why the \u201cfork\u201d part: one way (Blockchain<\/a>) splits into two or more at some point.<\/p>\n\n\n\n

\"ETH-ETC-fork-merge\"<\/figure><\/div>\n\n\n\n

Such an event could happen for so many reasons: an update, an accident, a \u201ctemplate\u201d to create a new chain, or an ideological division among the founders of the same coin \u2014something that recently happened on EOS<\/a>. Now, about Ethereum (ETH), not everyone agrees with The Merge<\/a>. Especially not the miners, who will be forced to migrate to other chains or cease operations after the upgrade.<\/p>\n\n\n\n

To solve this, a team of developers and miners led by the crypto miner Chandler Guo are planning to fork Ethereum<\/strong>. On that new chain, they\u2019ll preserve the PoW system<\/a> \u2014and mining. So, they\u2019re calling this new project EthereumPoW (ETHW) and will launch the mainnet 24 hours after the original Ethereum Merge. The testnet was already released, and the team is open to new partnerships.<\/p>\n\n\n\n

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ETHW 1st Testnet "Iceberg" Released!
Along with it come the blockchain explorer and RPC servers. We welcome all potential partners in the community (exchanges, pools, wallet providers, bridges, builders and etc.) to join us to build a real PoW-powered Ethereum ecosystem.

1\/n pic.twitter.com\/jtAFRNH9i0<\/a><\/p>— EthereumPoW (ETHW) Official #ETHW #ETHPoW (@EthereumPoW) August 26, 2022<\/a><\/blockquote>