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EthereumPoW Dissolves Core Dev, Servers Entrusted to OneDao Temporarily!

Key Points:
  • EthereumPoW (ETHW) takes a bold step, disbanding core development for complete autonomy.

  • Existing servers transferred to OneDao for transitional maintenance during the autonomy shift.

  • ETHW prioritizes decentralization, empowering the community for a more inclusive blockchain future.

EthereumPoW (ETHW), a prominent fork of the Ethereum blockchain, has opted for a significant restructuring by disbanding its core development organization.

This strategic decision reflects the project’s commitment to achieving complete autonomy and fostering a more decentralized ecosystem.

The core development organization, which played a pivotal role in shaping EthereumPoW’s technical advancements, will be dissolved to pave the way for a new era of autonomy. This decision underscores the project’s dedication to decentralization principles, allowing the community to have a more substantial influence on the network’s future development.

As part of this transition, existing servers associated with EthereumPoW will undergo a temporary transfer to OneDao, a trusted entity specializing in blockchain infrastructure and maintenance. OneDao will assume responsibility for the transitional maintenance of these servers, ensuring a seamless operational transition during this pivotal phase.

ETHW’s Server Transition

The temporary transfer of servers to OneDao serves as a strategic measure while EthereumPoW identifies a long-term partner to manage its infrastructure. This move not only demonstrates ETHW’s commitment to maintaining uninterrupted service but also highlights the project’s emphasis on collaboration within the broader blockchain ecosystem.

ETHW’s pursuit of autonomy aligns with the broader industry trend toward decentralization and community-driven governance models. By disbanding the core development organization, ETHW aims to empower its community members to actively participate in decision-making processes, thereby fostering a more inclusive and distributed development environment.

This bold step by ETHW reflects its forward-looking approach and dedication to staying at the forefront of blockchain innovation. As the project undergoes this transformative journey, the crypto community awaits further developments, anticipating the identification of a long-term partner and the subsequent evolution of EthereumPoW into a more autonomous and community-driven blockchain.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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