Here’s When the Ethereum Proof-of-Work Fork Will Take Place

The talks and plans for an Ethereum Proof-of-Work fork after the Merge have been mounting for quite a while, and it seems that it will be taking place shortly after the migration to Proof-of-Stake.

According to EthereumPoW’s latest Twitter thread, the Proof-of-Work fork will take place 24 hours following the Merge.

  • The thread failed to provide the precise timing but said that it will be revealed 1 hour before the launch “with a countdown timer and everything including final code, binaries, config files, nodes info, RPC, explorer, etc. will be made public when the time’s up.”
  • Apparently, the ETHPoW mainnet will start at the block height of the merge and additional 2048 empty blocks This is to make sure that the “chainID switches to 10001 successfully and the chain is the longest chain of ETHW.”
  • This also means that the Merge block + 2049 will be the very first block on the ETHW chain that may contain transactions.
  • The Merge is currently estimated to take place on September 15th.
  • As CryptoPotato reported earlier, some exchanges have openly stated that they will provide support for forked tokens. These include Poloniex, BitMEX, and others.
  • Binance has also stated that it will credit users’ accounts with coins from the minority fork at a 1:1 ratio while retaining the ETH ticker for the Ethereum PoS chain.
SPECIAL OFFER (Sponsored)
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.

You Might Also Like:


.custom-author-info{ border-top:none; margin:0px; margin-bottom:25px; background: #f1f1f1; } .custom-author-info .author-title{ margin-top:0px; color:#3b3b3b; background:#fed319; padding:5px 15px; font-size: 20px; } .author-info .author-avatar { margin: 0px 25px 0px 15px; } .custom-author-info .author-avatar img{ border-radius: 50%; border: 2px solid #d0c9c9; padding: 3px; }

The post appeared first on CryptoPotato

Buy Bitcoin with Credit Card

BitMex Leverage Trading

Automated Trading Bot

Related Posts

Leave a Reply

Bitcoin (BTC) $ 97,424.10 1.40%
Ethereum (ETH) $ 3,330.57 2.79%
Tether (USDT) $ 1.00 0.00%
Solana (SOL) $ 247.83 4.47%
BNB (BNB) $ 652.93 2.72%
XRP (XRP) $ 1.37 11.67%
Dogecoin (DOGE) $ 0.418106 11.33%
USDC (USDC) $ 1.00 0.06%
Cardano (ADA) $ 1.00 8.75%
Lido Staked Ether (STETH) $ 3,331.35 3.18%