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Review on Ethereum Classic by Denim Jeany
Like Ethereum, Ethereum Classic provides a decentralized, Turing-complete…
Like Ethereum, Ethereum Classic provides a decentralized, Turing-complete virtual machine, the Ethereum Virtual Machine (EVM) as well as smart contract functionality....
ETC uses gas, an internal transaction pricing mechanism, to prevent spam on the network and allocate resources proportionally to the incentive offered by the request.
Pros
- A fork from Ethereum was what was needed at the time in order to correct some of the errors of Ethereum, and with ETC, some of these where properly put out and ETC its now a reliable standard
Cons
- Transactional speed hasn't really improved with ETC. I've tried transferring my tokens from Jaxx to Binance a certain time and it got stuck in the chain. That's an obvious disadvantage
