Current situation of ETHW ecological development in recent years

ETHW community status quo

1. The transparency of community information is low

More than 90% of the above projects are unnamed teams, investment institutions are not disclosed, and little information is disclosed to the community. At the same time, ETHW network development and maintenance personnel are not disclosed, users can obtain little information, so it is difficult for users to give ETHW ecological project more trust.


2. Low community consensus

In addition to Bitan's online ETHW flash and mining functions, and the market attention attracted by the high increase of the first two NFT projects online, there is no other operation means to enhance the community consensus. If the follow-up operation ability is unsatisfactory or the cycle is too long, when the user chasing after the mood tends to calm, unsustainable. At the same time, the current community consensus is low, and the users are basically short-term mentality game.

3. Stablecoins have no endorsements

Currently, the stablecoins USDT and USDC of the EHW Network are not officially issued by Tether and Circle and do not have official endorsement. Stablecoins are the most basic facilities for the stable operation of a chain, and they are also the most important and urgent to be solved. Therefore, before the official settlement of the stablecoin issue, users should be cautious about using the stablecoin currently existing on the ETHW chain. To participate, also use ETHW as a settlement token whenever possible.

In addition, as mentioned above, Binance currently has an ambiguous attitude towards ETHW ecology. Users can continue to pay attention to Binance's subsequent actions, such as whether to launch ETHW tokens.



4. The development is very early and the entrance capital is small

From the sum of the lock-in value of the above projects, the entry assets are very small, even some products TVL only 1400 dollars, such as Uniwswap is less than 2 million dollars, which also reflects that the current market is cautious to watch or pay little attention to the ecology of the ETHW chain.

In addition, 2Miners' data show that the computing power of ETHW network is 39.28TH/s, while the computing power of ETC network, which is also Ethereum fork token, is 144.62TH/s. It can be seen that miners are also in a wait-and-see state for the development of ETHW chain