1 Level
10 Review
21 Karma
Review on Ethereum Classic by Quan Lam Chan
ETC is a good project having a good stand-in market cap. The growth of ETC is…
ETC is a good project having a good stand-in market cap. The growth of ETC is also much better. The buyers of ETC is increasing so surely its price is going to grow. So for the trading purpose, this coin is good.
Pros
- Ether Classic helped salvage a situation after the DOA hack of Ethereum. After the community debated on hard or soft fork, Ether classic was the gem that was made ti redeem the image of Blockchain technology.
Cons
- In my opinion, Ethereum Classic didn’t have much going for it when it was simply a rebellion against the hard fork of 2016. Now that time has passed, it has begun to carve its own definitive path that stays true to the original decentralised and immutable ethos that Ethereum originally promised. With the addition of its capped supply of 230 million tokens whilst supplying all of the benefits of Ethereum, Ethereum Classic has been nicknamed ‘the Bitcoin of decentralised applications.’ However, it needs a large number of promising applications to adopt its network to gain the traction needed to excel, and if unable to do this, then it may be overshadowed by an increasingly competitive market.
