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Review on Ethereum Classic by Adrian Nameste
Born out of a hack and a philosophical disagreement in the Ethereum community…
Born out of a hack and a philosophical disagreement in the Ethereum community, Ethereum Classic has become one of the top cryptocurrencies on the market. Just like Ethereum, it provides a value token, or “altcoin”, called “classic ether” which is used to pay users for products and services, and as a transaction fee when using decentralized apps and smart contracts.
Pros
- Ether Classic helped salvage a situation after the DOA hack of Ethereum. After the community debated on hard or soft fork, Ether classic was the gem that was made ti redeem the image of Blockchain technology.
Cons
- Most enthusiasts have argued about the need to still be on the Ether classic network rather than Ethereum and I see this as a major stumbling block because it will limit acceptability of this project by everyone involved in Crypto
