Frequently Asked Questions

ETHPoW stands for Ethereum Proof of Work, which refers to the original Ethereum blockchain that uses a Proof of Work (PoW) consensus mechanism. After Ethereum transitioned to Proof of Stake (PoS) with the Ethereum 2.0 upgrade, ETHPoW continued to exist as a separate chain, maintaining the PoW mechanism for miners who wanted to continue using it.

ETHPoW was created after the Merge event in September 2022 when Ethereum officially switched from Proof of Work to Proof of Stake. A group of miners and developers, not in favor of this transition, decided to create a fork of the original Ethereum blockchain. This fork retained the PoW mechanism, resulting in the creation of ETHPoW (ETHW), which operates separately from the Ethereum PoS blockchain.

Consensus Mechanism: ETH uses Proof of Stake (PoS), while ETHPoW uses Proof of Work (PoW). Block Rewards: In ETHPoW, miners receive rewards for validating blocks through PoW, whereas in Ethereum (ETH), validators are rewarded through staking in PoS. Transaction Finality: ETHPoW may have longer transaction finality times compared to Ethereum, as PoW takes more time to reach consensus than PoS.

The cost for creating your ETHPoW Token is 15 ETHW, which covers all transaction fees and creation costs. No additional costs for actions like revoking freeze or mint authority, as tokens are already revoked on our platform.

You can use any Ethereum-compatible wallet, such as MetaMask. Just connect your wallet to the ETHPoW Token Creator platform to begin the process.

You can create any number of tokens within the maximum supply, depending on 18 decimal value. The default decimal value is 18, which is standard for most tokens.

The ETHPoW Token Creator allows you to easily create and customize your own ETHPoW tokens on the Ethereum Proof of Work (ETHPoW) blockchain. The process is simple, user-friendly, and requires no coding.

Yes, the ETHPoW Token Creator is built with security in mind. We use trusted technologies to ensure that your token creation process is secure and your wallet remains safe. Always double-check your transactions before confirming.

The token creation process takes only a few seconds once you have completed the necessary steps. The Ethereum network's speed may vary, but the process itself is incredibly fast.

General Questions

ETHW tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade EthereumPoW is Gate.io, where the most active trading pair ETHW/USDT has a trading volume of $9,860,636 in the last 24 hours. Other popular options include WhiteBIT and OKX.

The trading volume of EthereumPoW (ETHW) is $47,309,864 in the last 24 hours, representing a -16.40% decrease from one day ago and signaling a recent fall in market activity.

The highest price paid for EthereumPoW (ETHW) is $58.54, which was recorded on Sep 03, 2022 (over 2 years). Comparatively, the current price is 93.34% lower than the all-time high price.

The lowest price paid for EthereumPoW (ETHW) is $1.17, which was recorded on Oct 11, 2023 (about 1 year). Comparatively, the current price is 233.23% higher than the all-time low price.

Market capitalization of EthereumPoW (ETHW) is $420,485,387 and is ranked #244 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ETHW tokens (110 Million tokens are tradable on the market today).

The fully diluted valuation (FDV) of EthereumPoW (ETHW) is $420,485,387. This is a statistical representation of the maximum market cap, assuming total number of 110 Million ETH tokens are in circulation today.

With a price decline of -18.60% in the last 7 days, EthereumPoW (ETHW) is underperforming the global cryptocurrency market which is down -2.70%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -0.60%.

ETHPoW is supported by a global community that values PoW over PoS or wants to maintain both options (PoW and PoS) for Ethereum builders and users.

When ETHPoW forked from Ethereum, it inherited the same circulating supply as Ethereum’s proof-of-stake chain. However, the ETH 2.0 staking contract (0x00000000219ab540356cBB839Cbe05303d7705Fa) only supports deposits, meaning staked ETH cannot be withdrawn on EthereumPoW. This reduces the circulating supply of ETHW by 13,712,994 coins.

ETHPoW employs the same proof-of-work mechanism that powered the Ethereum mainnet before the Merge. Additionally, the scheduled difficulty bomb has been removed, allowing ETHPoW to continue being mined without interruptions.