Ethereum PoW on MEXC

1. Summary

Ranks

Liquidity

-

Developer

-

Social

11

Momentum (beta)

0

Stack Rank™

-

Price

$48.50 -0.9%

Market Cap

$0.00 (#10689)

Supply

/

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Price
52W High price	$124.37
52W High date	9th Aug 2022 (2 years ago)
All Time High (ATH) Date	15th Dec 2024 (2 months ago)
All Time Low (ATL) Date	15th Dec 2024 (2 months ago)

Supply & Trading Volume
Trading Volume (24h)	$412,828.00

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Description

Ethereum PoW (ETHW)

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Ethereum PoW (ETHW)

Ethereum PoW (ETHW) is a potential hard fork of the Ethereum network. It is based on the Proof-of-Work (PoW) consensus mechanism, which incentivizes miners through computational power to validate transactions and add blocks to the blockchain. This approach was previously used by Ethereum before transitioning to the Proof-of-Stake (PoS) consensus mechanism in September 2022.

Key Features

• PoW Consensus Mechanism
• Uses computational power for transaction validation
• Network participants compete to resolve complex mathematical puzzles to validate transactions
• Miners receive rewards for successfully adding blocks to the blockchain.

Background and Context

• Ethereum PoW (ETHW) emerged as a potential hard fork following Ethereum's transition from PoW to PoS.
• This fork aimed to continue the PoW consensus to maintain the existing mining community on the Ethereum network.
• Key stakeholders and the mining community are involved in this transition.

Accessibility and Trading

• Currently listed on MEXC Exchange for trading with the ETHW/USDT pair.
• This listing enhances the accessibility and liquidity for users interested in Ethereum PoW (ETHW).

Market Environment

• Ethereum PoW (ETHW) operates in a market where both PoW and PoS consensus mechanisms coexist.
• Other PoW-based tokens like GRAM from the TON (The Open Network) blockchain have gained popularity for their high levels of decentralization and accessible mining processes.

This description focuses solely on factual information about Ethereum PoW (ETHW) without including any personal opinions or time-sensitive details. It highlights the key features, background, and market environment of the project, making it easy to understand for readers.

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