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

Accessing the ETHW Community through Metamask’s Community 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 totally 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. On 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.

Furthermore, 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 misplaced roughly 7% towards the U.S. greenback. As a result of 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 submit is an easy option to entry ETHW utilizing a Metamask wallet by merely updating the community. ETH house owners may also leverage totally 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 when you held ETH on Crypto.com’s defi pockets, merely verify for balances and the ETHW token might 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 verify for balances through particular networks. Different 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 when you don’t, it’s additionally doable 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. So as 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 known as “network” will probably 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 file your community exercise. Solely add customized networks you belief.

Beneath 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.” So as to connect with the ETHW chain merely leverage the RPC information written under.

Community Identify- ETHW-mainnet
New RPC URL- https://mainnet.ethereumpow.org
Chain ID- 10001
Forex Image- ETHW
Block Explorer URL- https://mainnet.ethwscan.com

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

If you happen to plan to promote the brand new tokens, be sure the buying and selling platform helps the ETHW chain. Along with accessing the ETHW community through Metamask, the {hardware} pockets firm Ledger has printed a blog post that describes how ETH house owners can acquire 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 might be finally made by the selections of the person. There are varied steps talked about in opinions and guides and a few of them are optionally available. Neither Bitcoin.com nor the writer is chargeable 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 duty. For good measure all the time cross-reference guides with different walkthroughs discovered on-line.

Tags on this story

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

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist residing in Florida. Redman has been an energetic member of the cryptocurrency neighborhood 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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