EthereumFair With ETF – Challenging Proof-of-Work Projects

EthereumFair – a group of Chinese Miner with Chandler Guo – Bitcoin and cryptocurrency figures in China – aim to preserve PoW model with ETF. 

Undoubtedly, The Merge has transferred the network from miners-based to independent without restriction. However, it isn’t a clear path for those who still choose to work on Proof-of-Work. 

At that time the EthereumFair’s hard fork gained some bumps for its speeding. The newest data-on-chain on CoinMarketCap shows its coin is trading at $5.23. 

EthereumFair provides all documentation in Chinese. The organization has updated many languages on its Telegram last week. The vision of EtherumFair is to create a hard fork that consists to use PoW for all users without a hitch. It based on the EFT ecosystem (formerly is ETFH).

On its block explorer, ETF records a total of 6.7 million transactions with 1.8 million wallet addresses. According to CoinMarketCap at the time of writing, the current is down 35.6% in the past 24 hours.

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