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Did You Hold ETH Before The Merge? How to Access Your ETHW Tokens

Bitcoin.com | Jamie Redman | Oct 2, 2022

ETH and ETHW - Did You Hold ETH Before The Merge?  How to Access Your ETHW TokensWith the new Ethereumpow (ETHW) network launch, ethereum holders are eligible to receive a single ETHW for every ether they own. The following is a simple guide that shows ethereum holders how to access their ETHW tokens using a wallet like Metamask.

  • A couple of weeks ago, Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network, and ethereum miners chose to mine a few different coins like ethereum classic and ravencoin. Some miners transitioned over to the new Ethereumpow (ETHW) network, and the blockchain has been live for more than two weeks since it launched. At the time of writing, there’s 52.27 terahash per second (TH/s) of hashrate dedicated to the ETHW network.

See:  Merge Complete. Goodbye Miners, Hello Stakers

  • The ETHW token has been trading for prices between $10.96 to $12.16 per unit during the last 24 hours. The USD value of ETHW is up 20.6% during the last two weeks, and seven-day statistics indicate the token is up 49.1%. However, during the past 24 hours on October 1, 2022, ETHW has lost roughly 7% against the U.S. dollar. Because ETH owners are eligible for ETHW at a 1:1 rate, after the ETHW network went live, ether holders have been gaining access to their coins.
  • The following post is a simple way to access ETHW using a Metamask wallet by simply updating the network. ETH owners can also leverage different methods like importing their seeds into Metamask or a wallet that supports the ETHW network. Some wallets like Crypto.com’s defi wallet has a toggle switch that checks for balances, and if you held ETH on Crypto.com’s defi wallet, simply check for balances and the ETHW token can be added.

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NCFA Jan 2018 resize - Did You Hold ETH Before The Merge?  How to Access Your ETHW TokensThe National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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