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Venezuela, Guatire
1 Level
364 Review
1267.25 Karma

Review on Ethereum Classic by Gabriel Medina

Revainrating 4 out of 5

Ethereum Classic has potential

Ethereum Classic is very much the same cryptocurrency as Ethereum, it has a big difference, most of the original developers no longer work on it. The most important and potentially innovative feature of blockchains is that they work without being controlled by any force connected to the project, more importantly, outside of it.
It is oriented towards the development of decentralized applications and has excellent potential, but it generated a lot of controversy.
Its objective is to maintain a robust development ecosystem capable of handling commercial applications.



Pros
  • Ideal for conservatives.
  • Smart contracts that prevent tampering and make applications robust.
  • Its blockchain is quite fast.
  • It has a lot of useful applications in the real world.
Cons
  • There is a lot of competition in this area.
  • Many investors disagree due to fear of hacking.
  • The code based on smart contracts must be well configured.

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