Ethereum Classic Why
What is Ethereum Classic?
Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
Ethereum Classic is a continuation of the original Ethereum blockchain – the classic version preserving untampered history; free from external interference and subjective tampering of transactions.
Why Ethereum Classic?
The reason for the existence of Ethereum Classic is because of a disagreement within the Ethereum community on how to resolve a problem with The DAO, a decentralized autonomous organization using the Ethereum platform.
The DAO had raised over $150 million in a crowdsale, and as with any investment, there is always the risk that things may not go as planned. In the case of The DAO, some members of the community felt that the funds should be returned to investors, while others felt that the funds should be used to continue the project.
A majority of the Ethereum community decided to go ahead with a hard fork in order to return the stolen funds. This hard fork created a new Ethereum blockchain, which is now known as Ethereum.
However, a minority of the community decided to continue using the original Ethereum blockchain, which is now known as Ethereum Classic.
What are the benefits of Ethereum Classic?
One of the main benefits of Ethereum Classic is that it is a more decentralized platform than Ethereum.
Ethereum Classic is also more resistant to censorship, as any changes to the blockchain must be approved by a majority of the miners.
What is the future of Ethereum Classic?
The future of Ethereum Classic is still uncertain, but it is likely that it will continue to exist as a platform for decentralized applications.
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Why is ethereum classic Going up?
Cryptocurrencies are often known for their volatility, and none more so than Ethereum Classic (ETC). So why is ETC going up?
There are a few reasons for this. Firstly, Ethereum Classic is a good investment because it is a low-risk investment. It is a well-established cryptocurrency with a strong community behind it, and it has a good track record.
Secondly, the Ethereum Classic team is working hard to improve the currency. They are making improvements to the network, and they are expanding the team to make sure that the Ethereum Classic project is a success.
Thirdly, the Ethereum Classic team is committed to keeping the currency decentralized. They believe in the original vision of Ethereum, and they are working hard to make sure that Ethereum Classic remains true to its roots.
Lastly, the Ethereum Classic community is passionate and committed to the success of the currency. They are working hard to promote Ethereum Classic and to make it a success.
All of these factors are contributing to the recent surge in the price of Ethereum Classic. So why is Ethereum Classic going up? There are a number of reasons, including the low risk, the hard work of the team, and the commitment to decentralization. The community is also passionate and committed to the success of the currency, and this is helping to drive the price higher.
Is it worth keeping ethereum Classic?
There has been a lot of debate in the blockchain community lately over the future of Ethereum Classic (ETC). Some people believe that it is worth keeping while others believe that it is not. In this article, we will explore both sides of the argument and try to come to a conclusion.
Supporters of Ethereum Classic argue that it is a much more decentralized platform than Ethereum. They also believe that it has a much brighter future than Ethereum.
Critics of Ethereum Classic argue that it is not as popular as Ethereum and that it has no real use cases. They also argue that it is not as decentralized as Ethereum.
At the end of the day, it is up to each individual to decide whether or not they believe that Ethereum Classic is worth keeping. However, we believe that it is worth keeping an eye on Ethereum Classic and seeing how it develops over time.
Does ETH Classic have a future?
Ethereum Classic (ETC) is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain – the classic version preserving untampered history; free from external interference and subjective tampering of transactions.
The Ethereum Classic price is currently $7.07 with a market cap of $735.76 million. The 24-hour volume is $104.06 million.
ETC is currently the 18th largest cryptocurrency by market cap.
The Ethereum Classic team is led by Anthony Di Iorio, co-founder of Ethereum, and Jeff Garzik, who is also the co-founder of Bloq.
The Ethereum Classic roadmap includes the following:
– January 2018: Emerald Wallet release
– March 2018: Sputnik VM release
– Q2 2018: ETCDEV team hires first full-time employee
– Q3 2018: ETCDEV team hires second full-time employee
– Q4 2018: ETCDEV team hires third full-time employee
So does Ethereum Classic have a future?
Yes, Ethereum Classic has a future. It is currently a top-20 cryptocurrency by market cap, and the team is working on a number of exciting projects that will be released in 2018.
Why is Ethereum Classic so cheap?
Since Ethereum (ETH) split into Ethereum Classic (ETC) and Ethereum (ETH) in 2016, Ethereum Classic has been much cheaper than Ethereum.
Ethereum Classic is a blockchain platform that allows for the creation of smart contracts and decentralized applications. Ethereum Classic is similar to Ethereum, but has a few differences. For example, Ethereum Classic allows for more tokens to be created on its blockchain than Ethereum.
The price of Ethereum Classic has been much cheaper than Ethereum since the split. In January of 2017, the price of Ethereum Classic was around $1.50, while the price of Ethereum was around $10.00. The price of Ethereum Classic has continued to be much cheaper than Ethereum, and as of September of 2018, the price of Ethereum Classic was around $5.00, while the price of Ethereum was around $230.00.
There are a few possible reasons for why the price of Ethereum Classic is so much cheaper than the price of Ethereum. One possible reason is that Ethereum Classic has a smaller market cap than Ethereum. As of September of 2018, the market cap of Ethereum Classic was around $1.5 billion, while the market cap of Ethereum was around $23 billion.
Another possible reason for why the price of Ethereum Classic is so much cheaper than the price of Ethereum is that Ethereum Classic has a lower level of adoption than Ethereum. As of September of 2018, the number of transactions on the Ethereum Classic blockchain was around 2,000 per day, while the number of transactions on the Ethereum blockchain was around 1.2 million per day.
A final possible reason for why the price of Ethereum Classic is so much cheaper than the price of Ethereum is that Ethereum Classic has been less developed than Ethereum. For example, Ethereum Classic has not yet implemented the Casper update, which is a update that will make the Ethereum Classic blockchain more scalable.
Can Ethereum Classic reach $10000?
It is no secret that Ethereum Classic is one of the most popular cryptocurrencies in the world. In fact, it is currently ranked as the fifth largest cryptocurrency by market cap. While the value of Ethereum Classic has seen its ups and downs over the past year, there is no doubt that it still has a lot of potential.
So, the question on everyone’s mind is, can Ethereum Classic reach $10000?
Well, to answer that question, we need to take a look at some of the factors that could potentially impact its value.
One of the main factors that could affect the value of Ethereum Classic is its adoption rate. The more businesses and organisations that start to use Ethereum Classic, the more valuable it is likely to become.
Another factor that could impact its value is the level of competition it faces from other cryptocurrencies. For example, if Bitcoin or Ethereum start to see a sharp increase in value, it is possible that Ethereum Classic could lose some of its market share.
Finally, the overall market conditions could also have an impact on the value of Ethereum Classic. For example, if the overall market is experiencing a downturn, the value of Ethereum Classic is likely to be affected as well.
So, while it is difficult to predict exactly what will happen, there is no doubt that Ethereum Classic has the potential to reach $10000. It will be interesting to see how the market evolves over the next few months and whether Ethereum Classic can continue to grow in popularity.”
Will Ethereum Classic recover?
Ethereum Classic (ETC) is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain – the classic version preserving untampered history; free from external interference and subjective tampering of transactions.
Since the hard fork on 20th July, Ethereum Classic has been losing value against Ethereum. The market cap of Ethereum Classic has decreased from $1.8 billion to $1.3 billion. The price of Ethereum Classic has decreased from $16 to $13. However, the hashrate of Ethereum Classic has been consistently increasing. The hashrate of Ethereum Classic was 10% of Ethereum’s before the hard fork. Now, it has increased to 30%.
Many people are predicting that Ethereum Classic will not be able to recover from the hard fork. However, there are many reasons why Ethereum Classic can recover.
First, Ethereum Classic has a strong community. The community is supportive and committed to the success of Ethereum Classic.
Second, Ethereum Classic has a good team. The team is experienced and has the ability to execute.
Third, Ethereum Classic has a clear vision. The vision is to be a platform for decentralized applications that runs exactly as programmed without any possibility of fraud or third party interference.
Fourth, Ethereum Classic has a good product. The product is solid and has been tested.
Fifth, Ethereum Classic has a strong brand. The brand is trusted and has a good reputation.
Sixth, Ethereum Classic has a good marketing strategy. The marketing strategy is focused on building the community and developing the product.
Seventh, Ethereum Classic is backed by Coinbase. Coinbase is a well-known and trusted company.
Ethereum Classic has all the ingredients to recover from the hard fork. The community is supportive, the team is experienced and has the ability to execute, the vision is clear, the product is solid and has been tested, the brand is trusted and has a good reputation, and the marketing strategy is focused on building the community and developing the product. Ethereum Classic will recover from the hard fork.
How many Ethereum Classic are left?
How many Ethereum Classic are left?
This is a question that many people are asking, as the value of Ethereum Classic continues to rise. As of July 2017, the total number of Ethereum Classic in circulation was just over 93 million. This number is expected to continue to grow, as more and more people begin to invest in this digital currency.
What makes Ethereum Classic so valuable?
There are a number of factors that contribute to the value of Ethereum Classic. Some of the key reasons include:
1. Ethereum Classic is a decentralized currency that is not controlled by any single entity.
2. Ethereum Classic is based on the original Ethereum blockchain, which is why it is often referred to as “the true Ethereum.”
3. Ethereum Classic has a limited supply, which means that it is not as prone to inflation as other digital currencies.
4. Ethereum Classic is one of the most secure digital currencies in the world, and it has a very low chance of being hacked.
Why is the value of Ethereum Classic expected to continue to grow?
There are a number of reasons why the value of Ethereum Classic is expected to continue to grow in the future. Some of the key reasons include:
1. Ethereum Classic is a decentralized currency that is not controlled by any single entity.
2. Ethereum Classic is based on the original Ethereum blockchain, which is why it is often referred to as “the true Ethereum.”
3. Ethereum Classic has a limited supply, which means that it is not as prone to inflation as other digital currencies.
4. Ethereum Classic is one of the most secure digital currencies in the world, and it has a very low chance of being hacked.
5. Ethereum Classic is being increasingly used in real-world transactions, as more and more businesses begin to accept it as payment.
How can I invest in Ethereum Classic?
The best way to invest in Ethereum Classic is by buying it on an online exchange. There are a number of exchanges that allow you to buy Ethereum Classic, including Coinbase and Bitstamp. You can also buy Ethereum Classic by mining it.
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