Free money, what not to love? Ethereum merge spawned a fork. The main fork is Ethereum POW, which is basically the old pre-merge Ethereum. If Ethereum POS fails, the POW fork could become the dominant one. But it’s not happening.
The “merge” went well and there are no technical glitches in the new Ethereum PoS version yet. The proof of stake version is THE Ethereum, but there are at least two forks I know of.
1) Main fork and chain Ethereum PoW
2) EthereumFair, another fork of another alternate chain
If there was Ethereum in a forked block, there are these forked Ethereums in those chains. Ethereum PoS will become very dominant, but new forks will have their own lifespans and new preter tokens will have residual value.
how do i get coins Add these chains to your wallet, such as Metamask or Bingo. The new chain wallet has shiny new tokens.
For ETH POWs:
Network Name: ETHW-mainnet
New RPC URLs:
Chain ID: 10001
Currency symbol: ETHW
Block Explorer URL (optional):
Network name: Ethereum Fair
New RPC URLs:
Chain ID: 513100
Currency symbol: ETF
ETF Explorer (optional):
As I write, Ethereum PoW is $6.88 and Ethereum Fair is $4.44, so you can currently sell for $11 for each Ethereum you own. If you sold them now, it would be a little free money.
However, you must have an account on an exchange that processes them. These are:
Ethereum PoW: FTX, Gate.io, Houbi, Kraken, Bittrex, Bitfinex, OKX, etc.
Ethereum Fair: Huobi, Poloniex, Bitcork
What should I do? Experience tells me to get a token and throw it away immediately, but I don’t know what will happen to the old PoW Ethereum, so I’ll keep it. $11 out of $1,300 isn’t a jackpot, but it’s optional. In short, Ethereum may moon at the whim of the market, so it’s worth taking the slightest chance.
In the meantime, I’ll be keeping an eye out for other forks. You never know, it may/may be worth a wink out.
These chains will be very cheap to use if someone decides to port their app and this could probably fork to 10% of the ETH POS price. Odds are low.