Both ByBit and FTX are offering ETHW trading following the successful Ethereum Merge, even as the network is preparing for a hard fork.
Two leading crypto exchanges ФТКС and ByBit are among the first crypto trading platforms to launch spot ETHW (EthereumPoW tokens) trading.
On Thursday, ByBit објавио је на Твиттер-у that it has launched trading ETHW against the Tether (УСДТ) stablecoin. In addition, the Brazilian digital currency exchange also noted that it would soon begin to facilitate ETHW deposits and withdrawals.
As it stands, ByBit constitutes around 10% of ETHW trading volumes. Meanwhile, FTX is reportedly handling more than 80% of ETHW trading, which is an estimated $24.7 million as of press time. Another exchange, MEXC Global, accounts for 17.6% of present ETHW trading volumes.
The rush by crypto exchanges to start trading EthereumPoW (ETHW) tokens comes on the heels of the September Ethereum mainnet upgrade. However, despite the Merge, the network is yet to fork into two separate entities.
FTX, ByBit Among Growing List of Exchanges Trading ETHW Post-Merge
Besides FTX and ByBit, the ETHW Fork IOU token is now trading on three other platforms – making a total of five exchanges. The other three include FTX US, Gate.io, and MEXC Global, according to data from CoinGecko.
The ETHW Fork IOU token is currently changing hands at $13.8. This token is an IOU (“I owe you”) digital currency indicating a debt obligation from one party to another. The debt dynamic is so because ETHW would derive from the potential Ethereum hard fork whose chain has not forked yet.
The Ethereum blockchain hard fork was planned to follow the Merge, and was widely expected to occur within the next 24 hours. Speaking on the trail of developments to occur post-Merge, ETC Group says the market will decide on Ethereum-based exchange-traded products (ETPs). According to the leading European crypto ETP issuer:
„Ако довољно људи из било ког разлога стане иза виљушке, сматрамо да ће слободно тржиште одлучити шта треба да живи, а шта не. […] Не бавимо се предвиђањем да ли ће виљушка бити успешна или не.”
Following the Merge, the fork will split the chain into two variants, the new proof-of-stake (PoS) module and the now-older proof-of-work (PoW) one. The PoW module will allow miners and mining-oriented developers to continue executing tasks on the Ethereum protocol.
Спајање
The Ethereum Merge took place on September 15th and successfully transitioned the multi-faceted blockchain to PoS. Виталик Бутерин, Ethereum prime mover and co-founder отишао на Твиттер to comment on the network’s successful replacement of miners with validators.
“And we finalized! Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone who helped make the merge happen should feel very proud today,” wrote Buterin.
In addition, one of the developers who worked on the Merge also expressed delight at this monumental moment, saying:
“We merged! What a surreal feeling after working on the beacon chain for two years and the merge for two years.”
opširnije крипто вести на Цоинспеакер.
Толу је ентузијаста криптовалуте и блоцкцхаина са седиштем у Лагосу. Воли да демистифицира крипто приче на голе основе, тако да било ко било где може да разуме без превише позадинског знања.
Кад није у врату у крипто причама, Толу ужива у музици, воли да пева и страствени је љубитељ филмова.
Source: https://www.coinspeaker.com/ftx-bybit-ethw-trading/