Review on Ethereum Classic by Douglas Cachazo
Ethereum Classic: Another cryptocurrency project belonging to Ethereum
Crypto project, was launched by ethereum as an emerging blockchain to have better financial options. It does not require third parties to recognize and allow transactions issued in smart contracts. It belongs to the Ethereum family, but today it offers great benefits that place it in a unique project. It is a project that has a good present and a promising future.
Ethereum Classic is a decentralized blockchain platform, no one controls or owns Ethereum Classic - it is an open source project created by people around the world. It allows dapps development and has its own programming language. Allows smart contracts.
Something that tarnishes his career is that in just under 1 year he has been the victim of hacking attacks.
During the mining process there was a fork since in several hours the mining of the chain was not mined in the same order in which they were supposed to be,
Pros
- Advances with the Ethereum chain
- Low cost transactions
- High performance platform
- Good present and promising future
Cons
- Uncertainty due to recent hacking, there are two in less than a year,
