A Step-by-Step Guide on How to Access Your ETHW Tokens if You Held ETH Before The Merge

A Step-by-Step Guide on How to Access Your ETHW Tokens if You Held ETH Before The Merge

A Step-by-Step Guide on How to Access Your ETHW Tokens if You Held ETH Before The Merge

With the brand new Ethereumpow (ETHW) community launch, ethereum holders are eligible to obtain a single ETHW for each ether they personal. The following is an easy information that exhibits ethereum holders methods to entry their ETHW tokens utilizing a pockets like Metamask.

Accessing the ETHW Network by way of Metamask’s Network Settings

16 days in the past, Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) community, and ethereum miners selected to mine just a few completely different cash like ethereum basic and ravencoin. Some miners transitioned over to the brand new Ethereumpow (ETHW) community, and the blockchain has been stay for greater than two weeks because it launched. At the time of writing, there’s 52.27 terahash per second (TH/s) of hashrate devoted to the ETHW community.

Moreover, the ETHW token has been buying and selling for costs between $10.96 to $12.16 per unit over the last 24 hours. The USD worth of ETHW is up 20.6% over the last two weeks, and seven-day statistics point out the token is up 49.1%. However, throughout the previous 24 hours on October 1, 2022, ETHW has misplaced roughly 7% in opposition to the U.S. greenback. Because ETH house owners are eligible for ETHW at a 1:1 price, after the ETHW community went stay, ether holders have been getting access to their cash.

The following publish is an easy option to entry ETHW utilizing a Metamask wallet by merely updating the community. ETH house owners also can leverage completely different strategies like importing their seeds into Metamask or a pockets that helps the ETHW community. Some wallets like Crypto.com’s defi pockets has a toggle swap that checks for balances, and in case you held ETH on Crypto.com’s defi pockets, merely examine for balances and the ETHW token might be added.

To leverage the Metamask route, it’s assumed you have already got ETH in a Metamask pockets all through the remainder of this information, however in case you don’t, it’s additionally potential to import your ETH pockets into the Metamask platform and entry the funds from there.

Assuming you have already got a Metamask pockets that held ethereum (ETH) earlier than The Merge or earlier than September 15, the subsequent step is accessing Metamask’s settings part within the pockets. In order to entry the settings merely click on the account icon and press “settings.”

In Metamask’s “settings” part, on the left facet of the display one other part known as “community” might be seen, and there’s an icon of a plug proper beside it. Press “community,” and the part will take you to an space that exhibits all of the networks your pockets is linked to, and from right here merely press “add community.” After urgent the “add community” button, Metamask will warn you about malicious networks because the platform states:

A malicious community supplier can lie in regards to the state of the blockchain and document your community exercise. Only add customized networks you belief.

Below the warning are the fields of entry which might be wanted to entry the ETHW community. There are 5 fields to fill out, which embrace: “Network Name,” “New RPC URL,” “Chain ID,” “Currency Symbol,” and the “Block Explorer URL.” In order to connect with the ETHW chain merely leverage the RPC information written under.

  • Network Name- ETHW-mainnet
  • New RPC URL- https://mainnet.ethereumpow.org
  • Chain ID- 10001
  • Currency Symbol- ETHW
  • Block Explorer URL- https://mainnet.ethwscan.com

After filling in all of the fields, merely press “save” and hook up with the ETHW community. When the pockets is linked to the community, it ought to now show a steadiness of ETHW, relying on how a lot ether was initially within the pockets. From right here, the ETHW steadiness might be saved, transferred to a unique pockets or tackle, or despatched to an alternate to be bought.

If you propose to promote the brand new tokens, be sure the buying and selling platform helps the ETHW chain. In addition to accessing the ETHW community by way of Metamask, the {hardware} pockets firm Ledger has revealed a blog post that describes how ETH house owners can get hold of their Ledger ETHW account by way of Metamask.

Disclaimer: Walkthrough editorials are meant for informational functions solely. There are a number of safety dangers and strategies which might be in the end made by the selections of the person. There are numerous steps talked about in evaluations and guides and a few of them are elective. Neither Bitcoin.com nor the creator is answerable for any losses, errors, skipped steps or safety measures not taken, as the last word decision-making course of to do any of this stuff is solely the reader’s accountability. For good measure at all times cross-reference guides with different walkthroughs discovered on-line.

Have you tried to entry your ETHW tokens after The Merge? Let us know your methodology and the way you probably did it within the feedback part under.

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