Five days ago, the influential Chinese crypto miner, Chandler Guo, explained that a proof-of-work (PoW) version of Ethereum is “coming soon” as the community prepares for the network’s transition to proof-of-stake (PoS) next month. As usual, the idea of a forked token gets people excited and some individuals get upset, and even though the token hasn’t been created yet, there’s now a website called ethereumpow.org summarizing the coin’s goals.
The Merge Upgrade Could Produce an Ethereum PoW Fork, Poloniex to List 2 ‘Potential Forked’ Ethereum Token Markets
If Ethereum (ETH) transitions into a full PoS blockchain next month, there’s a very good chance a PoW version will fork away from the current version. The Merge has a pencilled-in date that could take place on the week of September 19, or 44 days from now. Guo is a well known crypto miner and he played a specific role in the 2016 creation of the blockchain network Ethereum Classic (ETC). On August 1, Bitcoin.com News reported on Guo tweeting about a PoW version of Ethereum “coming soon” and how he said, “ETH PoW is DAO.”
Now there’s a new website touting the not-yet-born ethereum PoW version called ethereumpow.org, and the web portal claims a white paper is coming soon. The website’s “community [and] contributors” section says: “It takes a village to raise our Ethereumpow. Numbers of communities, exchanges, miners, and individuals have worked together to make ETHW possible.” Domain statistics from Whois records indicate that the web portal was registered on July 31, 2022. The ETHW website owner’s name and identity has been “redacted for privacy,” the internet record listing site says.
BREAKING: Poloniex will be the FIRST exchange to support EthereumPoW (ETHW). @Poloniex @justinsuntron
1/n pic.twitter.com/h6M9Pxv5lZ— ETHPoW (@EthereumPoW) August 3, 2022
The cryptocurrency exchange Poloniex, backed by Tron’s Justin Sun, has announced that the trading platform will list ETHW. After Poloniex tweeted about listing ETHW, Sun retweeted the announcement to his 3.3 million Twitter followers. “The Ethereum Merge is expected to be in September 2022,” the exchange wrote. “Poloniex was the world’s first exchange to list ETH and now the first one to support potential forking of ETH with the listing of two potential forked ETH tokens: ETHS & ETHW.”
Poloniex Led the Charge During ETC’s Creation
Poloniex was also the first exchange to list ethereum…
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