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Review on Ethereum Classic by Chinemere Unegbu
The platform is also based on the blockchain network and gives to miners the…
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
- Most major developers are supporters of the new hard forked Ethereum. The community of ETC is quite small, and most people buying it are not real users that use the token to execute programs
