Talks and plans for a Proof-of-Work Ethereum fork have been going on for some time after the merger, and it looks like they will take place shortly after the migration to Proof-of-Work.
According to the latest Twitter thread from EthereumPoW, a Proof-of-Work fork will occur 24 hours after the merge.
- The thread could not give the exact timing but said it would be revealed one hour before launch “with a countdown timer and everything including the final code, binaries, configuration files, node information, RPC, explorer, etc. will be made public when the time is up”.
– EthereumPoW (ETHW) Official #ETHW #ETHPoW (EthereumPoW) September 12, 2022
- It is clear that the ETHPoW network will start at the height of the merging block and another 2048 empty blocks. This is to ensure that “chainID has been successfully switched to 10001 and that the chain is the longest chain of ETHW.”
- This also means that the Merge block +2049 will be the first block in the ETHW chain that can contain transactions.
- The merger is currently expected to take place on September 15.
- as such encrypted potato As I mentioned earlier, some exchanges have openly announced that they will support forked tokens. These include Poloniex, BitMEX, and others.
- Binance has also stated that it will add Minority Fork coins to user accounts in a 1:1 ratio while maintaining the ETH bar for the Ethereum PoS chain.
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