EthereumFair – a group of Chinese Miner with Chandler Guo – Bitcoin and cryptocurrency figures in China – aim to preserve PoW model with ETF.
Undoubtedly, The Merge has transferred the network from miners-based to independent without restriction. However, it isn’t a clear path for those who still choose to work on Proof-of-Work.
EthereumFair provides all documentation in Chinese. The organization has updated many languages on its Telegram last week. The vision of EtherumFair is to create a hard fork that consists to use PoW for all users without a hitch. It based on the EFT ecosystem (formerly is ETFH).
On its block explorer, ETF records a total of 6.7 million transactions with 1.8 million wallet addresses. According to CoinMarketCap at the time of writing, the current is down 35.6% in the past 24 hours.
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