What is Ethw?
As the coin of the ETHPoW chain, a chain will likely arise when Ethereum moves from proof of work (PoW) to proof of stake (PoS) in September 20231. If ETHPoW exists, Ether holders ( ETH) will receive an equivalent amount of ETHW
Potential of ethw
Some analysts think that ETHW could capture 2%–10% of Ethereum's market, as it would maintain the security and decentralization of PoW1. However, others doubt the viability of ETHPoW, as it may lack support from developers, operators and sponsors1. Forked chains often find it difficult to compete with the original chain, unless there is a good reason to fork (e.g. Bitcoin Cash, Ethereum Classic).
ETHW will maintain the security and decentralization of PoW, which some say is Ethereum's advantage over other chains.
ETHW will not be affected by Ethereum's scalability issues and high transaction costs, as it will use a new mining algorithm called ProgPoW, which can minimize the dominance of cryptocurrencies. large operators and increased competition
ETHW will have a small but passionate and loyal community, which will support the development and creation of the chain. ETHW will also have a development fund for projects and initiatives related to #ETHPoW
ETHW will have a fixed supply of 210 million coins, which will help preserve the value of the coin and avoid dilution. This will also create an incentive for investors and users to hold and use ETHW
