Review on Ethereum Classic by gleymis villegas
Ethereum Classic
The divide between Ethereum and Ethereum Classic is one of the defining events of Blockchain technology. Well, at the center of the separation is a philosophical and ideological debate that goes to the roots of blockchains.
And it is that, the philosophy and great attraction behind cryptocurrencies. And especially of the smart contracts stored in the Ethereum Blockchain. It is the immutability of the same, that is to say that no human being can manipulate in any way the terms established in a smart contract.
When the majority of the Ethereum community decided to carry out the update that prevented the hacker from enjoying his stolen loot. For a good part of the community this seemed to go against the core values behind ETH. And since then, ETC has constituted itself as a “guardian” of this initial spirit.
Pros
- It is a stable currency that remains around $ 7
Cons
- Ethereum Classic faces a problem regarding updates to its platform. Well, all the improvements that have been made in the ETH chain are not compatible with the operation of Ethereum Classic. Which condemns this Blockchain to a significant technological lag compared to the original Ethereum, and most of the cryptocurrencies.
