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Fran is CoinDesk's Eth pow change writer and reporter. CoinDesk operates as an independent privacy policyterms of chaired by a former editor-in-chief of The Wall Street Journal, information has been updated journalistic integrity.

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How to Swap Tokens on Ethereum PoW (ETHPOW/ETHW)
The �Merge� is intended to shift the Ethereum blockchain from the current proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) model intended. The proof-of-stake mechanism radically changes how the Ethereum blockchain works. It eliminates the need for mining new blocks. Ethereum officially switched to a Proof of Stake (PoS) consensus mechanism in as a more secure and energy-efficient way to validate.

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It is unclear whether these chains will gain enough traction to become lucrative for miners in the long term. Disclosure Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. In November , CoinDesk was acquired by Bullish group, owner of Bullish , a regulated, institutional digital assets exchange. In essence, a shadow fork is a test run of the Merge. The Merge didn't have a hard date and time it would finally occur.