EthereumPoW’s token, which was issued by people who were dissatisfied with Ethereum’s transition to Proof of Stake, was airdropped on ETHW FTX.
It will be forked 24 hours after Merge, allowing the Mainnet to remain in Proof of Work.
EthereumPoW Token Airdropped To FTX Before It Is Yet Released
The project, which will continue to run on Mainnet’s Proof of Work by forking the Ethereum Mainnet by a group that is dissatisfied with the transition to Proof of Stake with Ethereum’s Merge, will become available 24 hours after Merge.
Many exchanges have announced that they will support and list ETHW before it becomes available. In one of these exchanges, FTX, while the EthereumPoW fork did not take place, it distributed ETHW tokens to its users at a ratio of 1:1. In fact, FTX opened the ETW/USD parity.
Cobie, who has a lot of followers on Twitter, wrote in his post that ETHW was airdropped on FTX.
ETHW airdropped on FTX
— Cobie (@cobie) September 15, 2022
After airdropping the token of a network that has not yet been put into use, it was a matter of curiosity how FTX would support the token in the future.
One of the groups dissatisfied with Ethereum’s transition from Proof of Work to Proof of Stake is miners. With the abandonment of Proof of Work, miners had to move their operations. One of the miners’ options here is ETHW, while the other is Ethereum Classic, which has a peak hash rate.
To learn the instant price of ETHW:
23524
