News14 September 2022

ETHW Core group announces hardfork within 24 hours of Ethereum Merge

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The long-awaited merger is about to happen. Meanwhile, the ETHW Core group has spoken out against the change. They also intend to separate themselves from the mainstream blockchain and keep mining.

"The ETHW mainnet will happen within 24 hours of the merger. The exact time will be announced 1 hour before launch with a countdown timer, and everything, including final code, binaries, configuration files, node information, RPC, explorer, etc., will be made public after the time expires," the group wrote in its Twitter post.

The group itself refers to the move to PoS as an awful token development scenario. First and foremost, the security level of the token will suffer. 

"It makes perfect sense to continue PoW Ethereum, which should not be questioned by those who advocate openness and a free market, as there are no downsides here. After all, if PoS Ethereum is really that good, why be afraid of competition?"

It's hard to comment here because only the spring will show who's cracked and who's real OG. The only thing we can say so far is that ETHPoW is trading at $29.71 but only exists as a futures ticker.

And no, that's not the only thing for sure. You should also download our Moni app. You'll see how your portfolio turns into a bundle of red numbers, or on the contrary, you'll buy a few yachts.

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