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Review on Ethereum Classic by John Smith
Ethereum Classic is an advanced cryptocurrency, launched in 2015 with the…
Ethereum Classic is an advanced cryptocurrency, launched in 2015 with the purpose to separate the users who prefer the hard-fork from those who didn’t want to update their version. The platform is also based on the blockchain network and gives to miners the opportunity to choose between the same network, but with different ways of processing. The main principles that guide the platform are: decentralized, immutable and unstoppable.
Pros
- The price of ETC will skyrocket if people start switching to Ethereum Classic. Note that the reason why Ethereum takes a large portion in the market now is that there are tons of projects that are built on top of Ethereum and they need to pay ethers in order to run their programs. Currently, the price of ETC is 23 times lower than ETH.
Cons
- Ethereum Classic may not follow the future changes made to Ethereum
