EthereumFair Hard Fork
Ethereum has finally been updated to ETH 2.0 – via the "Ethereum Merge". The snapshot was taken at the Merge block on SEP 15, 6:42:42 UTC, 2022.
With the EthereumFair Hard Fork, any wallet address that had $ETH on the Ethereum mainnet before the snapshot will have the equivalent number of $ETHF on the EthereumFair mainnet.
About EthereumFair
EthereumFair has decided to keep with the Proof-of-work (PoW) consensus mechanism while the Ethereum Foundation is shifting to a Proof-of-stake (PoS) consensus mechanism. The new shard chains will increase the network's transaction capacity from ~110 Max recorded transactions per second to ~10,000 TPS.
$ETHF is a native token of a public chain, not an ERC-20 token, hence NO contract address. EthereumFair is optimized for ETH’s existing mining algorithm under the EIP-1559 protocol. The difficulty is adjusted to 0, which is still the original mining algorithm and is adjusted according to the mining cost.
ETH 2.0 will also see a shift towards cheaper mining mechanics; proof of stake will reduce energy usage by over 99%. The merge is expected to create deflationary pressure, and the supply of $ETH is expected to decline by 2% per year (Shrinking Supply).
EthereumFair Hard Fork
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Step by step guide
- Set up your Ethereum wallet for ETHF mainnet.
- Now your $ETHF balance should be automatically shown in your wallet. If you had any $ETH right before the merge, you will have 1 $ETHF for each $ETH.
Step-by-Step Guide ''Set Up ETHF Wallet & Claim Hard Fork Airdrop''
▪️ EthereumFair has the same supply as Ethereum. Miners can earn ~2 $ETHF per block every ~14 seconds. Check the ETHF GPU Mining Tutorial. Good Luck!
* They would also be interested in consulting the EthereumPoW Hard Fork ($ETHW) Airdrop.
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