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16 Karma

Review on Ethereum Classic by Eze Gold

Revainrating 5 out of 5

Similar to gold. Eretheum Classic is mined and is intended to be a store of…

Similar to gold. Eretheum Classic is mined and is intended to be a store of value. While there are projects using Eretheum Classic as their foundation. Their volume will necessarily be limited by the fact Eretheum Classic has set a limit of 230 million tokens.

The leaders of Eretheum Classic believe its value is enhanced by imposing this supply restriction. Because it makes each individual token rarer and therefore more valuable. Especially when the total supply of 230 million tokens is fully mined.



Pros
  • The fact that they have advisory heads like Vitalik Buterin and Gavia means alot to this project. Their mobile wallet is also a testimony to this amazing project, not many would have achieved these feats within same timeframe.
Cons
  • People keep juxtaposing Ethereum and Ether classic and I feel this would be ETC's shortcomings. Ethereum will always be chosen over ETC because it was obviously hard forked from it, but these compare and contrast guys wouldn't make it get seen as its own different blockchain.

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