As Ethereum gets closer to its much-anticipated transition to proof-of-stake consensus, the cryptocurrency’s mining community seems to be ready to move to a fork token where they can continue to mine tokens. As reported on September 4th, the creation of a fork token called ETHPoW (Ethereum proof-of-work) was created in order to accommodate the over […]
Tag: ETH
September 13, 2022
September 13, 2022
Norway Using Ethereum To Create New Digital Currency
The release of the open source code for the nation’s central bank digital currency (CBDC) sandbox marks a significant achievement for Norway’s central bank in its efforts to promote the use of digital currencies. According to Norway’s Central Bank, the digital Norwegian Krone is currently being tested as an ERC20 token on Ethereum. The CBDC […]
September 13, 2022
Potential PoW Token Alternative to Ethereum Post Merge Up By 85%
As Ethereum’s much-anticipated merge gets closer, cryptocurrency miners are starting to look elsewhere in order to mine currency. The reason for this is simple: After Ethereum changes its consensus from proof-of-work (mining) to proof-of-stake, the Ethereum mining community of over 260,000 wallets will be left without the possibility of mining Ethereum’s token, ETHER. For this […]