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Review on Ethereum Classic by Mason Olson
Ethereum Classic
Ethereum Classic (ETC), a competing cryptocurrency, has surged nearly 3,000 percent since the beginning of this week. The price of Bitcoin has also seen a steady rise, with the value of the digital currency hitting a record high of $17,300 earlier this week. Ethereum Classic, which is backed by the Ethereum blockchain, is the first cryptocurrency to have its own blockchain and has already made a name for itself by being the first cryptocurrency to surpass the $100 million market cap. While some in the Bitcoin community view Ethereum Classic as the main competitor to Bitcoin, others see a more peaceful and decentralized system. What are your thoughts on this development ? Let us know your thoughts by commenting below! Read More > > Bitcoin, the currency of choice for online transactions, is soaring higher every day. With more than $ 6 trillion worth of the currency in circulation today, it makes sense that the price would rise significantly as well.
Pros
- Ethereum Classic is the oldest and most successful blockchain in existence. It's also one of the most innovative.
Cons
- Ethereum Classic (ETC) is now the sixth largest cryptocurrency by market cap, trailing Bitcoin, Ethereum, Litecoin and Ripple.
