According to EthereumPoW, the network split will take place 24 hours after The Merge occurs.
The countdown to the Ethereum Merger with the Beacon Chain already coming to an end. The entire crypto community has been preparing for several weeks for the big event that will change the network's consensus mechanism, moving from mining to node validation.
Although most cryptocurrency exchanges around the world have announced that they will support the version Ethereum Proof-of-Stake, A group of Ethereum miners have announced their decision to Split the network and maintain Proof-of-Work consensus of mining.
This group of miners aims to create a fork that divides the network in two, creating a New network to be called EthereumPoW.
When will the Ethereum split take place?
Recently, the EthereumPoW developers have published an extensive Twitter thread explaining their plans for the division and also the times they have planned.
The thread states that The split will take place 24 hours after The Merge is activated, i.e. Friday. However, no official time is given, as it can be difficult to know the exact time. Instead, EthereumPoW explains that it will be announced 1 hour before implementation, with a countdown.
Along with the timer, the final code, binaries, configuration files, node information, RPC, explorer and all the necessary material to work with the new blockchain will also be published.
Do you have questions about what will happen when The Merge is implemented?
When will the new ETHW network start?
If everything goes according to the plans of those responsible, the new network will start “at the height of the Merge block plus 2048 empty blocks”, to ensure that the chainID becomes 10001 and the chain is the longest.
The first block in which transactions can be made will be the Merge+2049 and all rewards from empty blocks preceding it will go into a 1559 multisig wallet, which will be managed by miners and the community.
They have also explained that the initial difficulty of mining should not be less than 220 T or 15 TH/s in terms of hashrate.
Along with the explanatory thread, EthereumPoW has also published the entire documentation about your nodes and a guide on how it works.
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