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EthereumFair

EthereumFair (ETHF) — a reference card for a crypto project: what the product does and how verifiable the project’s key claims are; also — alignment with the Decentralized AI thesis (DecAI Fit).

EthereumFair — an AI/Other | Infra project on EthereumFair, token (symbol: ETHF).

Disclaimer

Important: this page is a reference overview of the project. Within DecAIHub, we separately record a verification based on open sources within the AI thesis (what is real AI/onchain/why a token, and which sources this is based on).
This is not financial advice and not a recommendation to buy/sell/hold any asset. We do not assess price, returns, or entry/exit timing.
Conclusions are based on publicly available materials found as of the verification date. The absence of confirmation does not imply the absence of the technology.

TL;DR (for readers who are not into AI)

  • What it is: a PoW fork of Ethereum, positioned as a separate EVM network with the native coin ETHF.
  • Who it’s for: users/developers of EVM applications and PoW miners.
  • Why onchain/token: the native coin is needed for network operations and miner rewards (PoW); the network — for smart contracts/EVM.

How it works (very briefly)

  1. The user does: sends transactions/uses dApps on the EthereumFair network.
  2. The system does: validates blocks via PoW and executes EVM contracts.
  3. The user gets: confirmed transactions and smart contract execution.
  4. Where the blockchain is: the key logic is onchain (EVM execution, network state).
  5. Token role (if any): ETHF — the native coin of the network (network currency/PoW rewards).

Quick links: AI thesis fit

Project passport

Field Value
Project name EthereumFair
Also known as (aliases) ETHF | ETF
Logo (logo) —
Token symbol (ticker) ETHF
Category AI/Other | Infra
Primary chain (chain) Ethereum
Type Appchain
Network status mainnet
Consensus (consensus) PoW (Ethash)
Launch date (launch_date) 2022
Project status (status) active
Token (standard) native
Token contract —
Token model (token_type) utility (gas + staking)
Max supply infinite (per the description in the documentation)
Issuance inflationary (mining rewards; per the description)
Tokenomics (tokenomics, brief) The native coin of the network; issuance via PoW mining; used for network operations and rewards.
Governance —
Admins/keys —
Audit —
Bug bounty —
Team (team) —
Funding (investors/funding) —
AI component (ai_component) AI computing
Use‑case (use_case) PoW EVM L1
DecAI Fit — AI thesis fit 3/6 — medium alignment with the Decentralized AI thesis
DecAI Fit component summary ai_score 1 / onchain_score 3 / token_score 2 / evidence_score 2
Last verified 2026-02-11

General project overview

EthereumFair describes itself as a PoW fork of Ethereum with its own network, smart contracts/EVM and the native coin ETHF. The documentation contains the wording about “AI computing power”, but no tech description of a specific AI component or its metrics was found per Tier‑1 — so we treat it as intent.

Features/modules

  • PoW consensus: the network supports mining (claimed).
  • EVM/smart contracts: compatibility with EVM and dApps is claimed.
  • Ecosystem/tools: the website contains links to an explorer, RPC and dApps.

Typical scenarios

  • Scenario 1: a user sends a transaction → gets confirmation and execution onchain.
  • Scenario 2: a miner runs PoW mining → receives ETHF rewards (claimed).

Getting started (wallet/network)

  • What you need: an EVM wallet with support for custom networks (for example, MetaMask).
  • Network/chain: EthereumFair (network parameters and RPC are mentioned in the documentation).
  • Fees: EthereumFair network fees (gas) in ETHF.

Architecture/tech (non‑AI)

  • Components: the EthereumFair L1 network, PoW miners, EVM execution, explorer/RPC.
  • Participant roles: users, dApp developers, miners.
  • Where logic runs: L1 (onchain).
  • Dependencies: —.

Token/economics (expanded, no forecasts)

  • Token utility: ETHF is used as the network currency (gas) and as the reward for PoW miners (claimed).
  • Issuance: described as expandable via mining rewards.

Governance

  • Who makes decisions: not established per Tier‑1.
  • How protocol parameters change: —.

Security and incidents

  • Audits: —.
  • Bug bounty: —.
  • Incidents: —.
  • Threat model: typical PoW network risks (attacks on consensus) and dApp smart contract risks.

Project status and timeline

  • Current status: mainnet (per the official website/documentation).
  • Key releases/milestones: —.
  • Roadmap: https://etherfair.org/technology_roadmap

Ecosystem/integrations

  • Integrations: a list of dApps/bridges is given on the project website (see links_*).
  • Partners: —.
  • Where it’s actually used: —.

AI component of the project

  • What is real AI here? The whitepaper contains a thesis about “integrating AI computing power”, but without specifics — we treat it as intent.
  • What is truly onchain? The PoW network and EVM execution (L1).
  • Why is a token needed? ETHF — the native coin for gas and mining incentives.
  • Red flags (based on the information found): a mention of AI without verifiable artifacts (module/code/metrics).

DecAI Fit component summary

  • DecAI Fit: 3/6 — medium alignment with the Decentralized AI thesis
Component Level Score
AI reality low 1
Onchain necessity high 3
Token necessity medium 2
Evidence Tier‑1 present 2
Details

AI reality

AI_0 — AI intent (Tier‑1 roadmap) (1/0)

  • AI_0 (decision): 1
  • Claim (one line): The whitepaper contains the positioning “Integrating AI Computing Power” as a direction.
  • Evidence: Tier‑1 — https://etherfair.org/EthereumFair%20Whitepaper.pdf
  • Why sufficient / why not (one line): This records intent, but without technical artifacts/metrics it does not prove a working AI component.
  • Conflict note (if any): —

AI_1 — what the AI does (1/0)

  • AI_1 (decision): 0
  • Claim (one line): What exactly the AI component does (task/model) is not established per Tier‑1.
  • Evidence: Tier‑1 — https://etherfair.org/EthereumFair%20Whitepaper.pdf
  • Why sufficient / why not (one line): The document lacks sufficient specifics for AI_1=1.
  • Conflict note (if any): —

AI_2 — demos/examples (1/0)

  • AI_2 (decision): 0
  • Claim (one line): No Tier‑1 demo/example of the AI part in operation was found.
  • Evidence: Tier‑1 — https://etherfair.org/whitepaper
  • Why sufficient / why not (one line): The website/whitepaper do not contain a reproducible AI demo.
  • Conflict note (if any): —

AI_3 — metrics/quality (1/0)

  • AI_3 (decision): 0
  • Metrics: —
  • Context (version/date/how measured): —
  • Evidence: Tier‑1 — https://etherfair.org/EthereumFair%20Whitepaper.pdf
  • Why sufficient / why not (one line): AI quality metrics are not identified per Tier‑1.
  • Conflict note (if any): —

AI_4 — tech description/architecture/versions (1/0)

  • AI_4 (decision): 0
  • Claim (one line): No tech description of the AI module (architecture/versions) was found per Tier‑1.
  • Evidence: Tier‑1 — https://etherfair.org/EthereumFair%20Whitepaper.pdf
  • Why sufficient / why not (one line): The document describes the network/PoW/EVM, but the AI module is not specified.
  • Conflict note (if any): —

Onchain necessity

OC_1 — contracts/addresses/chain (1/0)

  • OC_1 (decision): 1
  • Chain: EthereumFair
  • Addresses/identifiers: Explorer: https://www.oklink.com/ethf
  • Evidence: Tier‑1 — https://etherfair.org/whitepaper
  • Why sufficient / why not (one line): The official website links to the explorer/network tools.
  • Conflict note (if any): —

OC_2 — onchain beyond just a token (1/0)

  • OC_2 (decision): 1
  • What useful logic is onchain: EVM execution of smart contracts and the network state.
  • Evidence: Tier‑1 — https://etherfair.org/EthereumFair%20Whitepaper.pdf
  • Why sufficient / why not (one line): The documentation directly describes smart contracts/EVM as the purpose of the network.
  • Conflict note (if any): —

OC_3 — onchain is critical (1/0)

  • OC_3 (decision): 1
  • “Replace the blockchain” test: without the blockchain, the smart contract network and PoW security/transaction accounting lose their meaning.
  • Evidence: Tier‑1 — https://etherfair.org/EthereumFair%20Whitepaper.pdf
  • Why sufficient / why not (one line): The purpose of the project is precisely a blockchain network; replacing it with a DB changes the trusted model.
  • Conflict note (if any): —

Token necessity

TK_0 — no token (1/0)

  • TK_0 (decision): 0
  • Claim (one line): The project has a native coin, ETHF.
  • Evidence: Tier‑1 — https://etherfair.org/EthereumFair%20Whitepaper.pdf
  • Why sufficient / why not (one line): The documentation describes ETHF as the native coin of the network.
  • Conflict note (if any): —

TK_1..TK_4 (1/0)

TK_1 — payment for the service (1/0)

  • TK_1 (decision): 1
  • Claim (one line): ETHF is used for network operations (gas) and activity in the ecosystem.
  • Evidence: Tier‑1 — https://etherfair.org/EthereumFair%20Whitepaper.pdf
  • Why sufficient / why not (one line): The documentation describes ETHF as “native coin … designed to power the blockchain”.
  • Conflict note (if any): —

TK_2 — incentives/collateral/penalties (1/0)

  • TK_2 (decision): 1
  • Claim (one line): Issuance and miner rewards are described as incentives for PoW security.
  • Evidence: Tier‑1 — https://etherfair.org/EthereumFair%20Whitepaper.pdf
  • Why sufficient / why not (one line): The documentation describes mining rewards as the mechanism for expanding the supply.
  • Conflict note (if any): —

TK_3 — governance (1/0)

  • TK_3 (decision): 0
  • Claim (one line): The use of ETHF for governance is not established per Tier‑1.
  • Evidence: Tier‑1 — https://etherfair.org/whitepaper
  • Why sufficient / why not (one line): 1 requires an explicit governance mechanism tied to the token (not found).
  • Conflict note (if any): —

TK_4 — token is replaceable (1/0)

  • TK_4 (decision): 0
  • Claim (one line): The token does not look replaceable without changing the trusted model of the PoW network.
  • Evidence: Tier‑1 — https://etherfair.org/EthereumFair%20Whitepaper.pdf
  • Why sufficient / why not (one line): The native currency and rewards are part of the security/economics of the network.
  • Conflict note (if any): —

Evidence (table)

Tier Source What it proves
Tier‑1 https://etherfair.org/EthereumFair%20Whitepaper.pdf Description of the project as a PoW fork of Ethereum with EVM; ETHF as the native coin; mention of “AI computing power” as positioning (intent).
Tier‑1 https://etherfair.org/whitepaper Official links to the explorer, GitHub and documentation (context/navigation).
Tier‑1 https://github.com/ethereumfair/go-ethereum Public client code (a fork of go‑ethereum) — verifiability of the implementation.