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Review on Ethereum Classic by Nguyễn Thanh Bình

Revainrating 5 out of 5

Ethereum Classic (ETC) is formed and developed from Ethereum (ETH) blockchain…

Ethereum Classic (ETC) is formed and developed from Ethereum (ETH) blockchain technology platform. It is considered a brother of Ethereum to be hard fork in 2016.
Adhere to the philosophy of invariant blockchain.
Has started to be supported by the "big players".
The main problem with ETC is the lack of backwards compatibility with Ethereum Hard Fork. All influential people in the Ethereum community have moved on to the new series, which means that anyone who is part of the ETC will not be able to access any ETH updates. The perfect example is the transition from ETH's Proof Of Work (PoS) to EO Proof of Stack (ETS), ETC will not be able to do so because their software does not allow the use of updates.
But that's not all. Many view ETC as an attack against Ethereum. This means that the Ethereal community will be more difficult and vulnerable to fragmentation. Even prominent bloggers such as David Seaman have reported that "If Ethereum is a publicly traded company, then Ethereum Classic is an unlawfully proposed" orphan "chain."
Can not access all new updates made in the ETH chain (for example, Switches from POW to POS).
Most influential people support ETH
It is considered offensive and offensive to the Ethereal community.
The community is listed as scam.



Pros
  • ETC is used to pay for the miner and can switch between participating members. This is also an internal transaction pricing mechanism, which is used to prevent spam on the network and to allocate corresponding resources that are encouraged on demand. Adhere to the philosophy of invariant blockchain. Has started to be supported by the "big players".
Cons
  • The main problem with ETC is the lack of backwards compatibility with Ethereum Hard Fork. All influential people in the Ethereum community have moved on to the new series, which means that anyone who is part of the ETC will not be able to access any ETH updates. The perfect example is the transition from ETH's Proof Of Work (PoS) to EO Proof of Stack (ETS), ETC will not be able to do so because their software does not allow the use of updates. But that's not all. Many view ETC as an attack against Ethereum. This means that the Ethereal community will be more difficult and vulnerable to fragmentation. Even prominent bloggers such as David Seaman have reported that "If Ethereum is a publicly traded company, then Ethereum Classic is an unlawfully proposed" orphan "chain." Can not access all new updates made in the ETH chain (for example, Switches from POW to POS). Most influential people support ETH It is considered offensive and offensive to the Ethereal community. The community is listed as scam.

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