With the launch of the new Ethereum Pow (ETHW) network, Ethereum holders are eligible to receive one ETHW per Ether they own. Below is a brief guide showing Ethereum holders how to access their ETHW tokens using a wallet like Metamask.
Access the ETHW network via Metamask’s network settings
16 days ago, Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network, and Ethereum miners chose to mine several different coins, including Ethereum Classic and Raven Coin. Some miners have migrated to the new Ethereum PoS (ETHW) network and the blockchain has been up and running for over two weeks since launch. At the time of writing, there areThe hash rate dedicated to the ETHW network is 52.27 terahashes per second(TH/s).
Additionally,ETHW tokenshave traded at prices ranging from $10.96 to $12.16 per unit over the past 24 hours; the USD value of ETHW has increased 20.6% over the past two weeks, and seven-day statistics show that the token has increased 49.1% in shown to have risen. However, during the past 24 hours on October 1, 2022, ETHW has lost roughly 7% against the USD. Because. holders of ETHhave access to ETHW at a 1:1 rate, ether holders have gained access to their coins after the ETHW network went live.
The following post is an easy way to access ETHW using. Metamask walletsimply by updating your network. ETHowners can also take advantage of other methods, such as importing their seed into a wallet that supports the Metamask or ETHW networks. wallets, such as Crypto.com’s defi wallet, have a toggle switch to check balances and if you heldETHin a Crypto.com defi wallet, you could add ETHW tokens by simply checking your balance.
To take advantage of the Metamask route, it is assumed that you already have. The rest of this guide assumes that you have ETHin your Metamask wallet, but if not, you can import yourETHwallet into Metamask. platform and access your funds from there. Assuming you already have a Metamask wallet that held
Ethereum (ETH)before The Merge or before September 15, the next step is to access the Metamask Settings section of your wallet. To access the settings, simply click on the account icon and press “settings.”
In Metamask’s “settings”, on the left side of the screen, there is a section called “network” and right next to it is a plug icon. Pressing “Networks” will take you to an area where you can see all the networks that the wallet is connected to, from here simply press “Add Network”. After pressing the “Add Network” button, Metamask will warn you about malicious networks, as the platform states.
Malicious network providers can lie about the status of your blockchain and record your network activity. Only add custom networks that you trust.
Below the warning, there are input fields required to access the ETHW network. There are five fields to enter, as follows.
There are five fields for “Network Name”, “New RPC URL”, “Chain ID”, “Currency Symbol”, and “Block Explorer URL“. Enter “Block Explorer URLTo connect to the ETHW chain, simply use the following RPC data.
- Network Name –
- New RPC URL –
- https://mainnet.ethereumpow.org
- Chain ID – 10001
- Currency Sign –
ETHW-Mainnet
ETHW
Once all fields are entered, simply press “Save” to connect to the ETHW network. Once the wallet is connected to the network, you should see your ETHW balance, based on the amount of ether originally in the wallet. From here, the ETHW balance can be saved, transferred to another wallet or address, or sent to an exchange for sale.
If you plan to sell new tokens, make sure your trading platform supports the ETHW chain: in addition to accessing the ETHW network via Metamask, the hardware wallet company LedgerETHpublished ablog postexplaining how owners can get a Ledger ETHW account via Metamask.
Disclaimer: The tutorial is edited forinformational purposes only. There are multiple security risks and methods, and the final decision is made by the user. There are various steps described in the review and guide, some of which are voluntary, and neither Bitcoin.com nor the author will be held responsible for any losses, mistakes, skipped steps, or security measures not taken, and the final decision-making process for doing any of these is solely the reader’s responsibility, and therefore we assume no liability. For good measure, always cross-reference the guide with other walkthroughs found online.
Image credits: Shutterstock, Pixabay, Wiki Commons https://mainnet.ethereumpow.org