{"id":13429,"date":"2022-08-03T13:51:09","date_gmt":"2022-08-03T13:51:09","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/rumors-of-ethereum-spinoff-ethpow-emerge-before-pos-shift\/"},"modified":"2022-08-03T13:51:09","modified_gmt":"2022-08-03T13:51:09","slug":"rumors-of-ethereum-spinoff-ethpow-emerge-before-pos-shift","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/rumors-of-ethereum-spinoff-ethpow-emerge-before-pos-shift\/","title":{"rendered":"Rumors of Ethereum Spinoff ETHPOW Emerge Before PoS Shift"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>With Ethereum\u2019s <a href=\"https:\/\/igaming.org\/crypto\/raoul-pal-is-bullish-on-ethereums-move-to-proof-of-stake\/\">shift to a new proof-of-stake system<\/a> planned for September, there is already speculation that some <a href=\"https:\/\/igaming.org\/cryptocurrencies\/ethereum-alternative-coin\/\">Ethereum<\/a> miners will break away to stick to the proof-of-work system that the network uses now.<\/p>\n<p>A <a href=\"https:\/\/twitter.com\/chandlerguo\/status\/1552382597086470146\">tweet<\/a> from Chinese crypto miner Chandler Guo hinted towards a a campaign for an Ethereum fork. The crypto miner has also come up with a name for his new Ethereum spinoff cryptocurrency, ETHPOW. Written in the Chinese-language, Guo\u2019s post said:<\/p>\n<p><em>\u201cEthpow will be coming soon.\u201d<\/em><\/p>\n<p>A follow up tweet <a href=\"https:\/\/twitter.com\/ChandlerGuo\/status\/1552384442580312071\">said<\/a>:<\/p>\n<p><em>\u201cI fork ethereum once, I will fork it again!\u201d<\/em><\/p>\n<p>Alongside, analysts at cryptocurrency exchange BitMEX\u00a0said in a blog post that a ETHPoW might gain some traction. They wrote:<\/p>\n<p><em>\u201cAlthough there are many technical challenges that ETHPoW faces, as long as the chain survives, it looks likely that there could be positive narratives around the coin and leading centralized exchanges are likely to list it.\u201d<\/em><\/p>\n<p>The analysts dropped the below advise how to come out a winner if an Ethereum spinoff manifests:<\/p>\n<figure id=\"attachment_26305\" aria-describedby=\"caption-attachment-26305\" class=\"wp-caption aligncenter acssb4c01\"><amp-img data-hero=\"\" class=\"wp-image-26305 size-full amp-wp-enforced-sizes\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2022\/08\/BitMEX-ETH.jpg.webp\" alt=\"Ethereum Spinoff ETHPOW\" width=\"2275\" height=\"831\" srcset=\"https:\/\/igaming.org\/wp-content\/uploads\/2022\/08\/BitMEX-ETH.jpg.webp 2275w, https:\/\/igaming.org\/wp-content\/uploads\/2022\/08\/BitMEX-ETH-768x281.jpg 768w, https:\/\/igaming.org\/wp-content\/uploads\/2022\/08\/BitMEX-ETH-1024x374.jpg 1024w, https:\/\/igaming.org\/wp-content\/uploads\/2022\/08\/BitMEX-ETH-1536x561.jpg 1536w, https:\/\/igaming.org\/wp-content\/uploads\/2022\/08\/BitMEX-ETH-2048x748.jpg 2048w\" layout=\"intrinsic\"><amp-img fallback=\"\" data-hero=\"\" class=\"wp-image-26305 size-full amp-wp-enforced-sizes\" src=\"https:\/\/igaming.org\/wp-content\/plugins\/accelerated-mobile-pages\/images\/SD-default-image.png\" alt=\"Ethereum Spinoff ETHPOW\" width=\"2275\" height=\"831\" srcset=\"https:\/\/igaming.org\/wp-content\/plugins\/accelerated-mobile-pages\/images\/SD-default-image.png 2275w, https:\/\/igaming.org\/wp-content\/uploads\/2022\/08\/BitMEX-ETH-768x281.jpg 768w, https:\/\/igaming.org\/wp-content\/uploads\/2022\/08\/BitMEX-ETH-1024x374.jpg 1024w, https:\/\/igaming.org\/wp-content\/uploads\/2022\/08\/BitMEX-ETH-1536x561.jpg 1536w, https:\/\/igaming.org\/wp-content\/uploads\/2022\/08\/BitMEX-ETH-2048x748.jpg 2048w\" layout=\"intrinsic\"\/><\/amp-img><figcaption id=\"caption-attachment-26305\" class=\"wp-caption-text\"><em>Source: BitMEX<\/em><\/figcaption><\/figure>\n<p>The post concluded:<\/p>\n<p><em>\u201cETHPoW may generate a lot of excitement, and we predict that ETH vs ETHPoW will be a popular trading pair post-split, at least until another interesting dynamic comes along.\u201d<\/em><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/igaming.org\/crypto\/rumors-of-ethereum-spinoff-ethpow-emerge-before-pos-shift\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) With Ethereum\u2019s shift to a new proof-of-stake system planned for September, there is already speculation that some Ethereum miners will break away to stick to the proof-of-work system that the network uses now. A tweet from Chinese crypto miner Chandler Guo hinted towards a a campaign [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13429"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=13429"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/13430"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=13429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=13429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=13429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}