The Merge Week: ETHW Team Releases 1-Hour Mainnet Info Launch Countdown

2 years ago
ETHW

Summary:

  • The squad down plans to hard fork Ethereum’s proof-of-work blockchain reaffirmed its motorboat timeline.
  • Final node configurations and different applicable information volition rotation retired for web participants today.
  • The halfway ETHW squad published a 60-minute countdown for the mainnet motorboat info.
  • Bybit announced enactment for the forked token airdrop and trading. 

Plans to hard fork Ethereum’s proof-of-work blockchain volition proceed pursuing a palmy Merge modulation successful the aboriginal hours of Thursday, September 15. The squad down the fork dubbed “EthereumPow oregon ETHW” released a tweet to reaffirm the mainnet motorboat timeline.

Ethereum’s power from its erstwhile PoW statement mechanics to proof-of-stake went unrecorded connected Thursday aft astir 7 years of enactment and development. Following the Merge, the Ethereum concatenation showed improved artifact stability. Ethereum laminitis Vitalik Buterin further highlighted that 1 of crypto’s biggest blockchains efficaciously optimized its vigor needs by 99%.

ETH halfway developer Justin Drake estimates the PoS upgrade could trim planetary vigor usage by 0.20. 

One important corollary of this is amended EIP 1559 show (because less blocks bump up against the 2x limit). So far, the percent of afloat blocks has dropped from ~20% to ~10%.https://t.co/qmCkqzYn2z https://t.co/8ZzlPunGEZ

— vitalik.eth (@VitalikButerin) September 15, 2022

"The merge volition trim worldwide energy depletion by 0.2%" – @drakefjustin

— vitalik.eth (@VitalikButerin) September 15, 2022

Ahead of the Merge, EthereumWorldNews reported that ETHW could spell unrecorded 24 hours aft Ethereum’s power to proof-of-stake. The squad announced a download nexus with configuration information for exchanges, miners, and different web participants. Interested parties tin besides download a 1.1 terabyte snapshot of the blockchain.

Today’s announcement suggests that developers program to merchandise much technological information for ETHPoW web participants connected Thurday. The squad released a countdown arsenic PoW proponents expect the mainnet launch.

If successful, the Ethereum web would person 3 existing versions; 2 PoW chains successful Ethereum Classic (ETC) and EthereumPoW (ETHW), with 1 PoS concatenation known arsenic Ethereum.

When the clip is up, everything astir the mainnet volition beryllium made nationalist here!

— EthereumPoW (ETHW) Official #ETHW #ETHPoW (@EthereumPoW) September 15, 2022

ETHW Airdrop Supported By Bybit

Crypto speech Bybit declared enactment for EthereumPoW connected Thursday hours aft the merge. The speech announced backing for ETHW token organisation and airdrop. Bybit besides teased perpetual listing for a ETHW/USDT pair.

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