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HomeCrypto NewsMarketOKLink Launches New EthereumPoW (ETHW) Explorer After Merge Upgrade Goes Live 

OKLink Launches New EthereumPoW (ETHW) Explorer After Merge Upgrade Goes Live 

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EthereumPoW is already making significant progress since launching on mainnet. 

With Ethereum Merge finally live, OKLink, a leading cryptocurrency data analytics platform, has launched a new EthereumPoW (ETHW) explorer. The solution will provide multi-dimensional on-chain data for the forked Ethereum network, which includes address overview, transaction information, block information, etc. 

“New ETHW Explorer Launched!! OKLink has launched the ETHW explorer, providing multi-dimensional on-chain data including transaction information, address overview, gas fee, block information, large transactions, and so on,” the official Twitter account of EthereumPoW tweeted. 

ETHW Launches Following ETH 2.0 Development

Following Ethereum’s plan to transition from a Proof-of-Work algorithm to a Proof-of-Stake consensus, miners slammed the idea, saying they would not move to the PoS network. 

Based on this, a fork of the Ethereum network was conducted to enable miners to continue with the existing PoW algorithm. EthereumPoW was launched by prominent miner Chandler Guo. After the launch of Ethereum Merge, EthereumPoW shared important details about the forked network, including the official RPC that users can add to their wallets and block explorer. 

Less than an hour after the link to EthereumPoW’s OKLink block explorer was shared, the ETHW website server crashed as a result of heightened user activities. 

ETHW Support Grows Despite Controversies

Since the launch of ETHW, there has been a lot of Fear, Uncertainty, and Doubt (FUD) around the project. People have warned about the likelihood of replay attacks, which could stem from interaction in the chain IDs between the forked Ethereum and the Proof-of-Stake ETH. Thus, allowing malefactors to submit transactions on both chains, and putting investors who interact with the forked Ethereum at risk of losing their ETH PoS coins. 

Despite these fears, EthereumPoW has continued to receive numerous support from cryptocurrency exchanges such as FTX, Bybit, and Bitmart. 

ETH PoS Successes

Meanwhile, Ethereum Merge has had a smooth launch, with significant successes recorded so far. According to famous cryptocurrency investor, Lark Davis, Ethereum has become more deflationary following the launch of Merge. 

He added that over 185 Ethereum coins have been burnt since the merge upgrade went live. 

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Lele Jima
Lele Jima
Lele Jima is a cryptocurrency enthusiast and journalist who is focused on educating people about how the nascent asset class is transforming the world. Aside from cryptocurrency-related activities, Jima is a lover of sports and music.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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