ETC and ETHW now look like dead blockchains. ETC hasn't made much progress since the hard fork
https://defillama.com/chain/EthereumClassic
Do you believe in the success of ETHW without a development team? Or do you need a team of copywriters who will copy defi projects from the Ethereum ecosystem?
Topic: Ethereum POW - ETHW - page 2. (Read 657 times)
Since the Ethereum merger, the number of miners in the ETH PoW network has decreased by about 2 times. This is evidenced by the data of the hashrate network. This indicates that miners are abandoning ETHW mining, preferring ETC and RVN, which, on the contrary, have an increased hashrate.
It's increasing a little bit since the price was bouncing back again to the 10 but this time it's decreasing again to the 9. I guess the price stability has become the main consideration for miners to switch from one coin to the another coin gradually. Miners are feeling worry about volatility in the ethw. That means the hashrate will be also volatile caused by the demand will be going up and down to mine the coin.They can hold out as long as they possibly could, but when the debt grows too big, they will be forced to do it one way or another and there is no way to avoid it, so the price will crash eventually, don't know when but it will happen.
Mining can also be scaled down. This depends on how fast the difficulty is expected to adapt. But preparing for this is exactly what must be kept in mind when forking, considering that difficulty issues are the exact one thing that is certain to happen.
Since the Ethereum merger, the number of miners in the ETH PoW network has decreased by about 2 times. This is evidenced by the data of the hashrate network. This indicates that miners are abandoning ETHW mining, preferring ETC and RVN, which, on the contrary, have an increased hashrate.
It's increasing a little bit since the price was bouncing back again to the 10 but this time it's decreasing again to the 9. I guess the price stability has become the main consideration for miners to switch from one coin to the another coin gradually. Miners are feeling worry about volatility in the ethw. That means the hashrate will be also volatile caused by the demand will be going up and down to mine the coin. They can hold out as long as they possibly could, but when the debt grows too big, they will be forced to do it one way or another and there is no way to avoid it, so the price will crash eventually, don't know when but it will happen.
what would be the alternatives when first-class smart contracts on a PoW blockchain are needed?
The term first-class is pretty subjective. It depends on some project goals and needs, so it requires some thorough consideration. While in fact ETHW is designed to not change the PoW consensus, and it's still on hype, but we cannot firmly predict of what the most suitable platform one must choose its cryptocurrency and its longevity.ETC is also another option, it remains as the unmolested blockchain of Ethereum and do also supports smart contracts. ETH communities couldn't be more separated, but the trends as of now, people won't bat an eye too much on what platform the underlying applications rely on.
My point is any project/platform is dependable on which blockchain they are going to build, surely each project have its own goals and consideration. Choosing which blockchain they are going to deploy the project is one of the considerations. So I believe it depends on the overall goals of the project, which is subjective.
Now, Ethereum communities are divided into 3 sections, generally. ETC, ETH, and ETHW. To fully answer the question, if PoW consensus is required, ETC is a better choice than ETHW.
Many experts believe that ETHW is the next parent of coins, there will be many big surprises in the near future, don't be left behind to buy ETHW immediately, I'm sure the price will continue to skyrocket and can enter the top rankings.
Did you believe those who you called them as experts? parent coins? what a crap. It's obviously a fork scam coin from miners. There's no reason for ethw to enter into the top ranking. This will become another shit scam bitcoin fork coin for sure that will be dumped with the goes of time caused by ethw has no utility to be used by the users. it's a crap coin for sure. I don't even think if that will exist at least for 2 years from nowIt's true that many people doubt ETHW, but why do so many big exchanges list ETHW??
Of course this is something that must be anticipated because it is possible that if it is listed on Binance, the price may be $100 in a short time.
When it is not yet popular, many are doubtful, but if they are popular, they say they are too late and hope to buy at a cheap price, I don't want to be left behind for investment coins who according to many experts will skyrocket in the near future.
Many experts believe that ETHW is the next parent of coins, there will be many big surprises in the near future, don't be left behind to buy ETHW immediately, I'm sure the price will continue to skyrocket and can enter the top rankings.
Did you believe those who you called them as experts? parent coins? what a crap. It's obviously a fork scam coin from miners. There's no reason for ethw to enter into the top ranking. This will become another shit scam bitcoin fork coin for sure that will be dumped with the goes of time caused by ethw has no utility to be used by the users. it's a crap coin for sure. I don't even think if that will exist at least for 2 years from nowIt's true that many people doubt ETHW, but why do so many big exchanges list ETHW??
Of course this is something that must be anticipated because it is possible that if it is listed on Binance, the price may be $100 in a short time.
When it is not yet popular, many are doubtful, but if they are popular, they say they are too late and hope to buy at a cheap price, I don't want to be left behind for investment coins who according to many experts will skyrocket in the near future.
There's no reason for ethw to enter into the top ranking.
Nope. None whatsoever. The way I see it, it's pure opportunism on the part of whoever *developed* ETHW, and the asterisks around that word are because there wasn't any development at all; ETHW is just a clone, and in case nobody noticed or forgot, we have this little old coin called ETC. Miners can still mine that one, though right now it's not profitable. But in terms of functionality since ETC exists there's no reason for ETHW to.Don't lose hope, GPU miners! Everything is looking bleak right now, but we're still in an adjustment phase after ETH switched to POS, and nobody knows where they should put their hash power at or if they should simply put all those expensive graphics cards back in the bubble wrap. Something is going to come along and make it possible to turn a profit, whether it's with a 4GB or 6+GB card. I couldn't say when that something is going to arrive, but I've got faith that it will.
Binance exchange is always slow when it comes to forks and airdrops, even if the fork is ready they may not open trading instantly, I still have my sologenic on the exchange till date, it seems the project will never open up for trading on binance exchange.
but don't worry, if Binance has made an announcement regarding ETH PoW I don't think there will be a problem, it's just that the distribution will have to take time, and all we have to do as Binance users is of course be patient,
because Binance will not break its promise for distribute ETH PoW to Ethereum Holders.
Good news for ETH holders in Binance, this will make Ethw more popular, I'm sure after this news, many users will save Eth in Binance Wallet, and things like this are common in Binance, until now I have got a lot of coins or free token from binance.
such as FTX, Huobi, Kraken and Kucoin, of course, there are many more, there is no recent news regarding ETHW on Binance,
i think Binance really prepare the ETHW network carefully before opening.
Exchanges like us, each will have different investment strategies. The fact that binance is in no rush to open trades for ETHW is a good thing in my opinion and I am still holding ETHW until binance gets into the game. Currently ETHW has not received too much attention other than that the recipients of the free airdrop are all dumping to make a profit, so opening a trade now is not too different. Personally I think ETHW will perform better and worth the investment than ETC so no need to despair or rush right now, just be patient and wait for the upcoming developments as bitcoin pulls the market back up.
Yes, we will get ETHW equivalent to the amount of Ethereum available in our wallet. Of course the ETHW developers have put out a lot of coins to share for free. ETHW was developed by lovers of the PoW version of Ethereum, because the basic Ethereum has changed to the PoS concept. In a short time ETHW wallet addresses have reached more than 254 million.
The question is: Will it be worth exposing your private key just to "redeem" the airdropped coins? The ETHW cryptocurrency has a very low market price, so it wouldn't be worth risking your ETH private key just to get some "free coins" on the other chain. This new fork was created so miners could fill their pockets with money. But it won't have a future, simply because it hasn't attracted mainstream developers' attention.
I'd say ETC has a better chance for survival because of its proven track record of development and innovation (even though it doesn't have almost any dApps or tokens on it). People are free to choose which coin to mine, so as long as there's hashrate behind the ETHW chain, the project won't be going anywhere. Just my thoughts
Binance exchange is always slow when it comes to forks and airdrops, even if the fork is ready they may not open trading instantly, I still have my sologenic on the exchange till date, it seems the project will never open up for trading on binance exchange.
but don't worry, if Binance has made an announcement regarding ETH PoW I don't think there will be a problem, it's just that the distribution will have to take time, and all we have to do as Binance users is of course be patient,
because Binance will not break its promise for distribute ETH PoW to Ethereum Holders.
Good news for ETH holders in Binance, this will make Ethw more popular, I'm sure after this news, many users will save Eth in Binance Wallet, and things like this are common in Binance, until now I have got a lot of coins or free token from binance.
such as FTX, Huobi, Kraken and Kucoin, of course, there are many more, there is no recent news regarding ETHW on Binance,
i think Binance really prepare the ETHW network carefully before opening.
Many experts believe that ETHW is the next parent of coins, there will be many big surprises in the near future, don't be left behind to buy ETHW immediately, I'm sure the price will continue to skyrocket and can enter the top rankings.
Did you believe those who you called them as experts? parent coins? what a crap. It's obviously a fork scam coin from miners. There's no reason for ethw to enter into the top ranking. This will become another shit scam bitcoin fork coin for sure that will be dumped with the goes of time caused by ethw has no utility to be used by the users. it's a crap coin for sure. I don't even think if that will exist at least for 2 years from now 
what would be the alternatives when first-class smart contracts on a PoW blockchain are needed?
The term first-class is pretty subjective. It depends on some project goals and needs, so it requires some thorough consideration. While in fact ETHW is designed to not change the PoW consensus, and it's still on hype, but we cannot firmly predict of what the most suitable platform one must choose its cryptocurrency and its longevity.ETC is also another option, it remains as the unmolested blockchain of Ethereum and do also supports smart contracts. ETH communities couldn't be more separated, but the trends as of now, people won't bat an eye too much on what platform the underlying applications rely on.
That’s the real question, if non-miners do not pick it, then there is no reason for this to get any attention at all, which in return means it will not grow to be bigger neither. Plus, starting something during bear market means that it could die before it could even get any hype, since there isn't any decent money in the crypto world these days.
Many experts believe that ETHW is the next parent of coins, there will be many big surprises in the near future, don't be left behind to buy ETHW immediately, I'm sure the price will continue to skyrocket and can enter the top rankings.
https://defillama.com/protocol/uniwswap
https://uniwswap.com/
This is the largest DeFi project in the Ethereum POW ecosystem with over 1 million TVL
https://app.uniwswap.com/#/swap
Mandatory in every ecosystem, developers need to start a punk project Uniwpunks
https://www.uniwpunks.com/
This is very interesting, but I'd rather trade in proven ecosystems.
https://uniwswap.com/
This is the largest DeFi project in the Ethereum POW ecosystem with over 1 million TVL
https://app.uniwswap.com/#/swap
Mandatory in every ecosystem, developers need to start a punk project Uniwpunks
https://www.uniwpunks.com/
This is very interesting, but I'd rather trade in proven ecosystems.
I'm sure Ethw will be a competitive coin in the top ranking, the more support from the developer makes me sure that soon ETHW will rise, but for me what I want to achieve is getting a big profit with Buy and Hold Ethw.
A few days ago, Binance launched a pool for mining Ethereum PoW https://www.binance.com/en/support/faq/a19bbb99a54a41cd9d49072d7fa7fd61, after which the hashrate of the network increased by about 30%. Perhaps the next step of the exchange will be listing ETHW on Binance, since such innovations cannot be explained otherwise.
Those miners who don't want to get ride of their mining rigs will simply continue to mine this fork coin. And we have seen that it's been a rough start, up and down, sometimes you will see a huge dump and then followed a a increased of like 40%...
Since the Ethereum merger, the number of miners in the ETH PoW network has decreased by about 2 times. This is evidenced by the data of the hashrate network. This indicates that miners are abandoning ETHW mining, preferring ETC and RVN, which, on the contrary, have an increased hashrate.
ETHW was developed by lovers of the PoW
Yes. They were disappointed with the change of Ethereum from PoW to PoS. Because most of their mining machines can no longer be used. But I can't be sure about this truth, because I'm not mining Ethereum for now. This is just the information I got in the media. Is there an airdrop? Yes and centralized exchanges have started distributing them to all their qualified ETH holders.
Yes, we will get ETHW equivalent to the amount of Ethereum available in our wallet. Of course the ETHW developers have put out a lot of coins to share for free. ETHW was developed by lovers of the PoW version of Ethereum, because the basic Ethereum has changed to the PoS concept. In a short time ETHW wallet addresses have reached more than 254 million.
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Those miners who don't want to get ride of their mining rigs will simply continue to mine this fork coin. And we have seen that it's been a rough start, up and down, sometimes you will see a huge dump and then followed a a increased of like 40%.
So obviously, someone from behind is playing it. But I guess this is to b eexpected just like any other fork coins in the past. And as long as there are going to be miners then this coin is going to survived.
It is not just the miners supporting Ethereum POW that is keeping them alive but a long list of exchanges have listed them including major ones like Kraken, FTX, Huobi and so on which says a lot about the support they are getting and the daily volume is pretty good which means it will be staying alive just like the ETC fork. Those miners who don't want to get ride of their mining rigs will simply continue to mine this fork coin. And we have seen that it's been a rough start, up and down, sometimes you will see a huge dump and then followed a a increased of like 40%.
So obviously, someone from behind is playing it. But I guess this is to b eexpected just like any other fork coins in the past. And as long as there are going to be miners then this coin is going to survived.
I am yet to move the fork coins, will see how it will performs in the next couple of years and then will make a decision on what to do with it.
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