1 Level
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8 Karma
Review on Ethereum Classic by Mirza Ahmed
As Ethereum Classic grows, it will need to overcome the problem faced by many…
As Ethereum Classic grows, it will need to overcome the problem faced by many other blockchain projects – scalability. While the development team plans to use sidechains to improve scalability, and sharding is on the roadmap for 2019, the success (or otherwise) of these projects may have a big influence on the price of ETC.
Pros
- Just like Ethereum, Ethereum Classic offers smart contracts and dapps, and it can also host cryptocurrency ICOs. These features have seen Ethereum grow to the world’s second-largest cryptocurrency by market cap and demonstrate that Ethereum Classic is built on a solid foundation.
Cons
- Confusion among the general public about the differences between Ethereum and Ethereum Classic could also cause problems. It’s quite difficult for someone new to cryptocurrency to grasp the important differences between the two projects, and this could hamper public perception of Ethereum Classic’s credibility.
