What is Ethereumfair (ETHF)

evelynnn

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Sep 20, 2022
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Ethereum Fair (ETHF/USDT – traded here) is hosting a PoW that anyone can participate in without restrictions. The Ethereum Foundation is moving to his PoS fork and the team will keep the original chain. ETHF is optimized for existing ETHF mining algorithms and reward upgrades. The reward algorithm will be adjusted according to the mining cost. The difficulty is set to 0, which is still the original mining algorithm.
What is Ethereumfair Project about?

EthereumFair is another faction committed to maintaining Ethereum's proof-of-work model with ETHF. Since ETF is a Rome fork of eth, we need to sync the eth block to a height of 15_325_218 and this he needs 1T space. According to EthereumFair's Block Explorer, ETHF has a total of 6.7 million transactions and 1.8 million wallet addresses.
After the upgrade, the cryptocurrency exchange Poloniex, which had been actively advocating the prospect of forked tokens, released a statement. The exchange claimed that it made the decision to go with the split chain EthereumFair because it is'supported by the majority of the community. Not only is ETHF the main chain for ETHW coins, but it also has higher proof of work (POW) computer capacity, according to the statement.
EthereumFair is not the same as ETHW token and Poloniex says it will support in case of hard fork after upgrade. ETHW was originally named after Ethereum's now-defunct consensus POW. The ETHW token will be renamed to ETHF as stated in the announcement.
How to buy ETHF Token?
You can buy ETHF on MEXC following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  1. Search “ETHF” using the search bar to see the available trading pairs. Take ETHF/USDT as an example.
  1. Scroll down and go to the [Spot] box. Enter the amount of ETHF you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy ETHF] to confirm your order. You will find the purchased ETHF in your Spot Wallet.