What to expect?
The second-largest blockchain by market value will transition to a proof-of-stake consensus method later this week, eliminating the need for energy-intensive mining operations. This action has sparked a divide in the Ethereum ecosystem as miners discuss forking Ethereum or starting to mine other blockchains because they are hesitant to give up their source of income.
To guarantee that the chainID converts to 10001 and that “the chain is the longest…of ETHW,” the ETHW mainnet will launch at “the block height of the Merge block ‘plus’ 2048 empty blocks.”
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