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ETHW Core announced on Twitter that based on the Shanghai upgrade of the ETH network, the ETHW Mainnet will also be ready for a Hard Fork upgrade. The ETHW Mainnet will undergo a Hard Fork upgrade on April 23 to ensure its compatibility with the ETH network Mainnet.
ETHW Core indicates that this upgrade will mainly address the following issues:
1. Ensure compatibility with the Ethereum Mainnet, ensuring that DApps and smart contracts on the ETHW chain can operate normally.
2. Remove the difficulty bomb on the ETHW chain to ensure long-term stability.
3. Increase the maximum Gas limit from 30 million to 40 million to improve throughput and efficiency.
4. Adjust the block time to 13 seconds to optimize performance.
ETHW Core emphasizes that this upgrade will not affect the security of user assets, nor will it have any impact on existing DApps and smart contracts. Users just need to ensure they are using the latest version of wallets and node software.
ETHW is an independent ETH fork chain created by some miners and developers after the merger and upgrade of the ETH network. The chain retains the Proof of Work (PoW) consensus mechanism and aims to provide a platform for miners to continue mining.