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Ethereum Classic

Ethereum Classic is the name of the cryptocurrency that has been designed to retain the core of the original Ethereum technology , which was created by Vitalik Buterin back in 2013. In February 2015 , the Ethereum Foundation ( Ethereum Classic's official name) was formed and it was made up of developers and business people from Ethereum's past who wanted to help the project to reach its goals. Ethereum Classic aims to take what was done with Ethereum Classic to the next level , and this is reflected in its own name . The Ethereum Classic project has several different variants and they all work together to build an ecosystem that uses the Ethereum blockchain to build applications and services . The developers behind the project have a long history of working on a wide range of blockchain technologies and it 's fair to say that many of their efforts have had an impact on the rest of the cryptocurrency ecosystem and will continue to do so ..Siehe vollständige Bewertung

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Monero , as a pure cryptocurrency, uses a Proof of Work algorithm. This means that there is no central point of control, like a mining pool, for the mining of the currency. Therefore, miners are free to compete to find the fastest, most efficient computer to mine the currency. The use of Proof of Work , as opposed to proof of stake, provides a security and efficiency of the currency. As a result, this allows for the creation of new coins. However, as the cryptocurrency develops , the need for more users becomes greater . , this leads to a shift in the overall mining pool structure . In the event that a pool is overloaded or is forced to stop work, the hash rate of the miners in question may drop drastically. This means that there are many miners who want to be the first to mine a particular coin and take on the task of mining that coin and it may become more profitable for them to do so .Siehe vollständige Bewertung

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Trever FrazierF.

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Beitritt zu April 29, 2020