What is ETHW? Will ETHW be successful? Will it be listed on Binance?
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ETHW is a digital currency based on the Ethereum platform and is the product of Ethereum mining. Drawing on the architecture of Bitcoin, Ethereum uses more advanced blockchain technology to build a smart contract platform that can be used to implement decentralized applications. ETHW is the cryptocurrency based on the PoW mining algorithm on the platform. The launch of ETHW has greatly facilitated the transaction and application of digital currencies and has great development potential. Therefore, ETHW is the native token of the EthereumPoW network, and $ETH is the native currency of Ethereum.
Ethereum PoW (Proof of Work) is a proof of work mechanism on the Ethereum network, which is an algorithm used to verify transactions and mining on the blockchain network. The process of Ethereum mining is to use computers to challenge an algorithm to ensure that each node maintains and updates the entire network, thereby ensuring the security and establishment of transactions.
As a digital currency on the Ethereum platform, ETHW has obvious differences and advantages over Bitcoin.
Fast speed: ETHW's block generation speed is more than 4 times faster than Bitcoin.
High scalability: Ethereum's smart contract mechanism can easily create applications, making ETHW's scalability well guaranteed.
More flexible contract mechanism: Ethereum's contract mechanism can write smart contracts and DApps, which is more flexible and has more functions.
ETHW as an Ethereum platform
Value storage: ETHW can act as a currency for storing value and can be traded across borders, so it can be used as a tool for the internationalization of currency.
Ethereum's smart contract mechanism and diverse functions can be applied to financial fields such as banking and payment, which greatly improves transaction efficiency.
$ETH After the transition to the PoS mechanism, the Ethereum network randomly selects an ETH validator and gives them the responsibility for the next block. To become ETHW!?, if you mine ETH, you must stake at least 32 ETH. If you have less than 32 ETH and want to participate in ETH staking, you can join the staking pool. To protect the network from scams
Professional analysts expect the bull market to break through 150U, now quoted, 3.5
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