Swapzone Oct 27, 2022 · 5 min read Before the merge that saw Ethereum transition to a proof-of-stake consensus mechanism, Ethereum initially employed the proof-of-work (PoW) mechanism. So, What is proof-of-work Ethereum? Following the launch of the Ethereum Merge, some miners chose to stick around and back the proof-of-work consensus. As a result, a new fork of Ethereum was created, and the Ethereum proof-of-work (ETHW) mainnet was launched. The Ethereum PoW blockchain maintains the proof-of-work consensus prior to the merge. Here’s a look at the PoW mechanism and how the ETHW blockchain uses it. What is PoW? Decentralization was a…
