The ETHPoW (IOU) token, which was created in order to counter Ethereum’s future transition to proof-of-stake, has seen its price drop by over 50% in less than a week. This is likely due to the lack of support for the fork, as most people seem to be content with the proof-of-stake.

The token was created as a way to keep the proof-of-work system alive, but it appears that most people are not interested in using it. This is likely because proof-of-stake is seen as a more efficient and secure system, and there is no need to keep the old system alive.

The new ETHPoW project was supposed to be a big deal. But it quickly fizzled out, losing much of its value since its all-time high. So much for that!

What do you guys think is going to happen with Eth transitioning to PoS???