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

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 how to entry their ETHW tokens utilizing a pockets like Metamask.

Accessing the ETHW Network through 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 a couple of completely different cash like ethereum traditional and ravencoin. Some miners transitioned over to the brand new Ethereumpow (ETHW) community, and the blockchain has been dwell 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.

A Step-by-Step Guide on How to Access Your ETHW Tokens if You Held ETH Before the Merge
ETHW worth chart on October 1, 2022.

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

The following put up is an easy approach to entry ETHW utilizing a Metamask wallet by merely updating the community. ETH house owners can even 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 change that checks for balances, and if you held ETH on Crypto.com’s defi pockets, merely examine for balances and the ETHW token could be added.

A Step-by-Step Guide on How to Access Your ETHW Tokens if You Held ETH Before The Merge
Some wallets, like Crypto.com’s defi pockets (pictured above), permit customers to examine for balances through particular networks. Other wallets have added ETHW help in numerous methods.

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 if 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 following 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.”

A Step-by-Step Guide on How to Access Your ETHW Tokens if You Held ETH Before the Merge
The Ethereumpow (ETHW) community’s RPC information (pictured left).

In Metamask’s “settings” part, on the left aspect of the display screen one other part referred to as “network” might be seen, and there’s an icon of a plug proper beside it. Press “network,” 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 network.” After urgent the “add network” 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 are wanted to entry the ETHW community. There are 5 fields to fill out, which embody: “Network Name,” “New RPC URL,” “Chain ID,” “Currency Symbol,” and the “Block Explorer URL.” In order to join to the ETHW chain merely leverage the RPC information written beneath.

  • 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 join to 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 could be saved, transferred to a special pockets or tackle, or despatched to an trade to be bought.

If you propose to promote the brand new tokens, ensure that the buying and selling platform helps the ETHW chain. In addition to accessing the ETHW community through Metamask, the {hardware} pockets company Ledger has printed a blog post that describes how ETH house owners can receive their Ledger ETHW account through Metamask.

Disclaimer: Walkthrough editorials are supposed for informational functions solely. There are a number of safety dangers and strategies which are finally made by the choices of the consumer. 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 final 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.

Tags on this story
Accessing ETHW, Accessing Forked tokens, addresses, Block Explorer URL, Chain ID, Crypto.com’s defi pockets, Currency Symbol, ETH, ETHW, ETHW Tokens, Fork, Hardware pockets, import, Ledger, metamask, Metamask ETHW, Network Name, Network Settings, New RPC URL, RPC information, Seed, Wallets

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 beneath.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist residing in Florida. Redman has been an lively member of the cryptocurrency group since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 6,000 articles for Bitcoin.com News in regards to the disruptive protocols rising right now.




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