Difference between revisions of "EthereumPoW (ETHW)"
(Created page with "Proof of work version of Ethereum, forked after Ethereum went PoS. ==Basics== *Based in: *Started in / Announced on: *Testnet release: *Mainnet release: [https://decrypt.co/109884/ethereum-fork-ethpow-gets-off-to-rocky-start 15-9-2022] ==History== * [https://decrypt.co/109884/ethereum-fork-ethpow-gets-off-to-rocky-start From] Decrypt (16-9-2022): ''"Shortly after th...") |
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==Basics== | ==Basics== | ||
*[[Mainnet]] release: [https://decrypt.co/109884/ethereum-fork-ethpow-gets-off-to-rocky-start 15-9-2022] | *[[Mainnet]] release: [https://decrypt.co/109884/ethereum-fork-ethpow-gets-off-to-rocky-start 15-9-2022] | ||
==History== | ==History== | ||
* [https://decrypt.co/109884/ethereum-fork-ethpow-gets-off-to-rocky-start From] [[Decrypt (DCPT)|Decrypt]] (16-9-2022): | * ETHW Core [https://twitter.com/EthereumPoW/status/1737091687699390647 dissolved] (19-12-2023). | ||
*[https://decrypt.co/109884/ethereum-fork-ethpow-gets-off-to-rocky-start From] [[Decrypt (DCPT)|Decrypt]] (16-9-2022): | |||
''"Shortly after the ETHPoW mainnet debuted on Thursday, users began experiencing issues accessing the network. It quickly became clear that part of the issue was that ETHPoW had chosen a chain ID already in use. The chain ID designated by ETHPoW’s was apparently already in use by a [[Bitcoin Cash (BCH)|Bitcoin Cash]] testnet. Ironically, chain IDs were a matter already top-of-mind for ETHPoW’s leadership in the weeks leading up to the merge. Chandler Guo, the prominent Chinese crypto [[miner]] leading the ETHPoW effort, previously confirmed to [[Decrypt]] that ETHPoW would be changing its chain ID for this very reason. Why the network then chose a chain ID belonging to another existing network remains unclear. Guo did not immediately respond to Decrypt’s [[request]] for comment."'' | ''"Shortly after the ETHPoW mainnet debuted on Thursday, users began experiencing issues accessing the network. It quickly became clear that part of the issue was that ETHPoW had chosen a chain ID already in use. The chain ID designated by ETHPoW’s was apparently already in use by a [[Bitcoin Cash (BCH)|Bitcoin Cash]] testnet. Ironically, chain IDs were a matter already top-of-mind for ETHPoW’s leadership in the weeks leading up to the merge. Chandler Guo, the prominent Chinese crypto [[miner]] leading the ETHPoW effort, previously confirmed to [[Decrypt]] that ETHPoW would be changing its chain ID for this very reason. Why the network then chose a chain ID belonging to another existing network remains unclear. Guo did not immediately respond to Decrypt’s [[request]] for comment."'' | ||
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==Audits & Exploits== | ==Audits & Exploits== | ||
*[[Bug bounty]] program can be found [insert here]. | *[[Bug bounty]] program can be found [insert here]. | ||
==Technology== | ==Technology== | ||
===Implementations=== | ===Implementations=== | ||
*[[Consensus]] mechanism: [[Proof-of-Work (PoW)|PoW]] | *[[Consensus]] mechanism: [[Proof-of-Work (PoW)|PoW]] | ||
*[[Virtual Machine (VM)|Virtual Machine]]: [[Ethereum Virtual Machine (EVM)|EVM]] | *[[Virtual Machine (VM)|Virtual Machine]]: [[Ethereum Virtual Machine (EVM)|EVM]] | ||
==Usage== | ==Usage== | ||
* [https://news.bitcoin.com/declining-interest-leads-to-poor-market-performance-for-ethereum-proof-of-work-forks/ From] [[Bitcoin.com]] (3-1-2023): | |||
''"In addition to its price decline over the past four months, the network’s [[Hash Rate|hashrate]] has fallen from 68.17 terahash per second (TH/s) to 16.99 TH/s, a loss of 75.07% since The Merge took place. The top two [[mining pools]] for ETHW currently are [[F2Pool|F2pool]] and 2miners."'' | |||
*[https://news.bitcoin.com/while-ethw-has-lost-35-in-2-weeks-pow-networks-defi-tvl-swelled-by-more-than-1200/ From] Bitcoin.com (18-10-2022): | |||
''"Statistics from defillama.com indicate that ETHW’s [[Total Value Locked (TVL)|TVL]] is around $3.69 million after records show on September 24, that the TVL was $283,153. This means that since September 24, or over the last 24 days, ETHW’s TVL in defi increased in value by 1,209%. Defillama.com stats indicate that there’s roughly 13 different ETHW defi protocols dedicated to the network. The decentralized exchange (dex) Uniwswap, not to be confused with Uniswap, is the largest defi protocol on ETHW today with 52.13% dominance of the current $3.69 million."'' | |||
==Team, Funding and Partners== | ==Team, Funding and Partners== | ||
===Team=== | ===Team=== | ||
*[[Chandler Guo]]; main leader | *[[Chandler Guo]]; main leader | ||
*ETHW Core [https://twitter.com/EthereumPoW/status/1737091687699390647 dissolved] (19-12-2023). | |||
==(:== | ==(:== | ||
Knowledge empowers all and will help us get closer to the [[decentralised|decentralized]] world we all want to live in! | Knowledge empowers all and will help us get closer to the [[decentralised|decentralized]] world we all want to live in! | ||
Latest revision as of 04:17, 8 January 2024
Proof of work version of Ethereum, forked after Ethereum went PoS.
Basics
History
"Shortly after the ETHPoW mainnet debuted on Thursday, users began experiencing issues accessing the network. It quickly became clear that part of the issue was that ETHPoW had chosen a chain ID already in use. The chain ID designated by ETHPoW’s was apparently already in use by a Bitcoin Cash testnet. Ironically, chain IDs were a matter already top-of-mind for ETHPoW’s leadership in the weeks leading up to the merge. Chandler Guo, the prominent Chinese crypto miner leading the ETHPoW effort, previously confirmed to Decrypt that ETHPoW would be changing its chain ID for this very reason. Why the network then chose a chain ID belonging to another existing network remains unclear. Guo did not immediately respond to Decrypt’s request for comment."
Audits & Exploits
- Bug bounty program can be found [insert here].
Technology
Implementations
- Consensus mechanism: PoW
- Virtual Machine: EVM
Usage
- From Bitcoin.com (3-1-2023):
"In addition to its price decline over the past four months, the network’s hashrate has fallen from 68.17 terahash per second (TH/s) to 16.99 TH/s, a loss of 75.07% since The Merge took place. The top two mining pools for ETHW currently are F2pool and 2miners."
- From Bitcoin.com (18-10-2022):
"Statistics from defillama.com indicate that ETHW’s TVL is around $3.69 million after records show on September 24, that the TVL was $283,153. This means that since September 24, or over the last 24 days, ETHW’s TVL in defi increased in value by 1,209%. Defillama.com stats indicate that there’s roughly 13 different ETHW defi protocols dedicated to the network. The decentralized exchange (dex) Uniwswap, not to be confused with Uniswap, is the largest defi protocol on ETHW today with 52.13% dominance of the current $3.69 million."
Team, Funding and Partners
Team
- Chandler Guo; main leader
- ETHW Core dissolved (19-12-2023).
(:
Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!
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