{"id":"ethereumpow-ethw","title":"EthereumPoW (ETHW)","content":"**EthereumPoW (ETHW)** is a [blockchain](https://iq.wiki/wiki/blockchain) network created as a [hard fork](https://iq.wiki/wiki/hard-fork) from the original [Ethereum](https://iq.wiki/wiki/ethereum) blockchain following Ethereum’s switch to a [Proof of Stake (PoS)](https://iq.wiki/wiki/proof-of-stake) [consensus mechanism](https://iq.wiki/wiki/consensus-mechanism) in 2022. EthereumPoW was designed to maintain the [Proof of Work (PoW)](https://iq.wiki/wiki/proof-of-work-pow) [mining](https://iq.wiki/wiki/mining) model using ETHW token, providing a platform for miners who prefer PoW for transaction verification and network security. [[1]](#cite-id-wqy64l57hvm)[[4]](#cite-id-0ab3rnxn3uzi)[[5]](#cite-id-ihkfkck5w9i)[[6]](#cite-id-637fg2cee1l)[[7]](#cite-id-29xvokzihs3)[[9]](#cite-id-6ux299tvmpi)\n\n$$widget0 [YOUTUBE@VID](C2kCsG0i0cg)$$\n\n# Overview\n\nEthereumPoW remains compatible with [Ethereum’s](https://iq.wiki/wiki/ethereum) [decentralized applications (DApps)](https://iq.wiki/wiki/decentralized-application) while preserving the [PoW](https://iq.wiki/wiki/proof-of-work-pow) mechanism abandoned by the main Ethereum network. This approach appeals to miners and PoW supporters, who continue to utilize familiar infrastructure and protocols. Ethereum’s transition to [PoS](https://iq.wiki/wiki/proof-of-stake), known as The Merge, took place in September 2022 to address energy efficiency concerns. As a result, EthereumPoW was launched the same month by [blockchain](https://iq.wiki/wiki/blockchain) advocate Chandler Guo, offering an alternative blockchain environment for [mining](https://iq.wiki/wiki/mining) ETHW.\n\n$$widget0 [YOUTUBE@VID](AKbbdKu8KUg)$$\n\nThe EthereumPoW network uses a [PoW](https://iq.wiki/wiki/proof-of-work-pow) [consensus mechanism](https://iq.wiki/wiki/consensus-mechanism) similar to the pre-Merge Ethereum system, where miners solve complex mathematical puzzles to validate transactions. This model requires significant computational resources but rewards miners with ETHW tokens, maintaining a cycle of token distribution and network security comparable to [Ethereum’s](https://iq.wiki/wiki/ethereum) original setup. The ETHW token acts as the primary currency for [transaction fees](https://iq.wiki/wiki/transaction-fee) and miner rewards and its circulating supply initially mirrored that of Ethereum. [[1]](#cite-id-wqy64l57hvm)[[3]](#cite-id-zqvw4jhzis)[[4]](#cite-id-0ab3rnxn3uzi)[[6]](#cite-id-637fg2cee1l)[[7]](#cite-id-29xvokzihs3)[[8]](#cite-id-mpjv5tjim08)[[9]](#cite-id-6ux299tvmpi)[[10]](#cite-id-92b4s6su75n)\n\n### Ecosystem\n\nEthereumPoW’s ecosystem functions similarly to the original Ethereum network before The Merge. Key components include miners who validate transactions, [nodes](https://iq.wiki/wiki/node) that ensure network synchronization, and support for [smart contracts](https://iq.wiki/wiki/smart-contract) written in [Solidity](https://iq.wiki/wiki/solidity). These elements enable the EthereumPoW [blockchain](https://iq.wiki/wiki/blockchain) to support various [decentralized finance (DeFi)](https://iq.wiki/wiki/defi) services, [non-fungible tokens (NFTs)](https://iq.wiki/wiki/non-fungible-token-nft), and other blockchain applications. ETHW holders can store tokens in compatible wallets, including hardware and software options, enhancing accessibility for users.\n\nEthereumPoW provides a familiar environment for [PoW](https://iq.wiki/wiki/proof-of-work-pow) enthusiasts, offering a stable foundation for applications and retaining compatibility with [DeFi](https://iq.wiki/wiki/defi), [NFT](https://iq.wiki/wiki/non-fungible-token-nft), and other [DApp](https://iq.wiki/wiki/decentralized-application) ecosystems. However, the PoW model demands significant energy consumption and faces potential centralization risks, especially as [mining pools](https://iq.wiki/wiki/mining-pool) grow larger. Additionally, the network can experience elevated [transaction fees](https://iq.wiki/wiki/transaction-fee) during times of peak activity, a common challenge for PoW systems. [[1]](#cite-id-wqy64l57hvm)[[2]](#cite-id-i1lwj7a4ehq)[[4]](#cite-id-0ab3rnxn3uzi)\n\n### Use Cases\n\nETHW supports a range of [decentralized applications](https://iq.wiki/wiki/decentralized-application), such as DeFi platforms for lending and trading, [NFT](https://iq.wiki/wiki/non-fungible-token-nft) marketplaces for digital assets, and [blockchain](https://iq.wiki/wiki/blockchain)-based gaming and metaverse projects. While [PoS](https://iq.wiki/wiki/proof-of-stake) offers energy and scalability benefits, EthereumPoW continues to attract miners and developers who value the [PoW](https://iq.wiki/wiki/proof-of-work-pow) model. ETHW’s sustainability and future success will rely on community engagement, technological advancements, and its ability to offer unique value alongside [Ethereum’s](https://iq.wiki/wiki/ethereum) PoS blockchain. [[1]](#cite-id-wqy64l57hvm)[[4]](#cite-id-0ab3rnxn3uzi)[[6]](#cite-id-637fg2cee1l)[[7]](#cite-id-29xvokzihs3)[[8]](#cite-id-mpjv5tjim08)[[10]](#cite-id-92b4s6su75n)\n\n# ETHW Token\n\nETHW is the native token of the EthereumPoW [blockchain](https://iq.wiki/wiki/blockchain), functioning similarly to Ether (ETH) on the main [Ethereum](https://iq.wiki/wiki/ethereum) network. It is used for various purposes within the EthereumPoW ecosystem:\n- **Gas Fees**: ETHW is used to pay [transaction fees](https://iq.wiki/wiki/transaction-fee) on the ETHW [blockchain](https://iq.wiki/wiki/blockchain), allowing users to interact with [DApps](https://iq.wiki/wiki/decentralized-application) and execute [smart contracts](https://iq.wiki/wiki/smart-contract).- **Staking**: ETHW holders can [stake](https://iq.wiki/wiki/staking) their tokens to earn rewards and contribute to the network’s security.- **Governance**: ETHW holders can participate in governance decisions for the EthereumPoW [blockchain](https://iq.wiki/wiki/blockchain), voting on proposals that influence the platform’s future.\nThe maximum supply of ETHW is unlimited, allowing for ongoing token issuance to reward miners and participants. The initial distribution was determined by a snapshot of the [Ethereum](https://iq.wiki/wiki/ethereum) [blockchain](https://iq.wiki/wiki/blockchain) taken before The Merge, ensuring that ETH holders at that time received corresponding ETHW tokens on the new network. [[1]](#cite-id-wqy64l57hvm)[[4]](#cite-id-0ab3rnxn3uzi)[[6]](#cite-id-637fg2cee1l)[[8]](#cite-id-mpjv5tjim08)[[9]](#cite-id-6ux299tvmpi)","summary":"EthereumPoW (ETHW) is a blockchain network forked from Ethereum, preserving the Proof of Work consensus mechanism after Ethereum's transition to Proof of Stake.","images":[{"id":"QmcoUeqhNJorKbctjHyKze77sB3o4BfyKuGSDSoCei7Lnx","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptocurrencies","title":"Cryptocurrencies"}],"tags":[{"id":"Blockchains"}],"media":[{"id":"QmRkr6ZBrooVRoEFU29mrDXBxhBsRJgdycLLaXFeNHXXLG","size":"0.07","name":"Design sem nome (1).png","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmThpauiyHw3PAUNaAFq4MmjaSLS3gTrmRnuJ5cegpYSHQ","size":"0.01","name":"images.jpeg","type":"GALLERY","source":"IPFS_IMG"},{"id":"QmRk4vLTiZpydQp1U65aG6cijD3Tw4ygST69zHt62fymUR","size":"0.04","name":"F_9ny6tboAAw9eM.jpeg","type":"GALLERY","source":"IPFS_IMG"},{"id":"https://www.youtube.com/watch?v=C2kCsG0i0cg","size":"0","name":"C2kCsG0i0cg","type":null,"source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=AKbbdKu8KUg","size":"0","name":"AKbbdKu8KUg","type":null,"source":"YOUTUBE"}],"metadata":[{"id":"references","value":"[{\"id\":\"wqy64l57hvm\",\"url\":\"https://blog.mexc.com/what-is-ethereumpow-ethw/\",\"description\":\"https://blog.mexc.com/what-is-ethereumpow-ethw/\",\"timestamp\":1731646529000},{\"id\":\"i1lwj7a4ehq\",\"url\":\"https://www.coingecko.com/en/categories/ethereumpow-ecosystem\",\"description\":\"Top EthereumPoW Ecosystem Coins by Market Cap\\n\",\"timestamp\":1731646568908},{\"id\":\"zqvw4jhzis\",\"url\":\"https://www.oklink.com/ethw\",\"description\":\"EthereumPoW (ETHW) is a forked Ethereum chain that continues operating on the original proof-of-work (PoW)\",\"timestamp\":1731646614836},{\"id\":\"0ab3rnxn3uzi\",\"url\":\"https://weareblox.com/en-eu/ethereum-pow?utm_medium=search&utm_source=google\",\"description\":\"EthereumPow: everything you need to know about ETHW\\n\",\"timestamp\":1731646632518},{\"id\":\"ihkfkck5w9i\",\"url\":\"https://www.youtube.com/watch?v=C2kCsG0i0cg\",\"description\":\"What is Ethereum Proof of Work? || Is ETHW the Ethereum Killer?\\n\",\"timestamp\":1731646670623},{\"id\":\"637fg2cee1l\",\"url\":\"https://cointelegraph.com/news/what-is-pow-ethereum-ethw-and-how-does-it-work\",\"description\":\"What is PoW Ethereum (ETHW), and how does it work?\\n\",\"timestamp\":1731646684747},{\"id\":\"29xvokzihs3\",\"url\":\"https://www.linkedin.com/pulse/what-ethereumpow-ethw-listing-help-qhfye\",\"description\":\"What is EthereumPoW (ETHW)?\\n\\n\",\"timestamp\":1731646713159},{\"id\":\"mpjv5tjim08\",\"url\":\"https://medium.com/@ETHW/faqs-fd2fba846eca\",\"description\":\"EthereumPoW FAQs — Read me 1st\\n\",\"timestamp\":1731646752156},{\"id\":\"6ux299tvmpi\",\"url\":\"https://www.bitget.com/price/ethereumpow/what-is\",\"description\":\"What is EthereumPoW (ETHW)? 2\\n\",\"timestamp\":1731646784275},{\"id\":\"92b4s6su75n\",\"url\":\"https://support.bittime.com/hc/en-us/articles/9077658656143-What-is-EthereumPoW-ETHW-Get-to-Know-This-Ethereum-Blockchain-Fork\",\"description\":\"What is EthereumPoW (ETHW)? Get to Know This Ethereum Blockchain Fork!\\n\",\"timestamp\":1731646816100}]"},{"id":"website","value":"https://ethereumpow.org/"},{"id":"contract_url","value":"https://www.oklink.com/ethw"},{"id":"twitter_profile","value":"https://twitter.com/EthereumPoW"},{"id":"discord_profile","value":"https://discord.gg/apcxzJdZaU"},{"id":"telegram_profile","value":"https://t.me/ethereumpow_official"},{"id":"github_profile","value":"https://github.com/ethereumpow"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/ethereum-pow/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/ethereum-pow-iou"},{"id":"medium_profile","value":"https://medium.com/@ETHW"},{"id":"commit-message","value":""},{"id":"previous_cid","value":"QmZQ3WdcsetQNYKTubaE64XNuWi4N4VpLKdMywpyEEpUqs"}],"events":[],"user":{"id":"0xbc74F7Beea348c97350e4DBc49227A5Ee7d27D3e"},"author":{"id":"0xd5893989b9952c6568a99F854795AcC5Ae480D56"},"language":"en","version":1,"linkedWikis":{"blockchains":[],"founders":[],"speakers":[]}}