Could someone do me a favor and point out the pros and cons of both ETC AND ETH? Please don't bash on either just the pros and cons. Really not sure which coin to invest in
till the daofork it was one chain from there, it splited into 2 .etc kept on the original chain. eth erased the dao and since then it did a lot of forks. forsced ones by áttacks and some planed ones .
etc did only one change becouse vitalik and co placed a diff bomb.
eth : planed change from POW to POS in 2017
unlimited suply
and there is a risk that with POS a rich minority gets to much power.
the dao fork showed a tendency to centralisation.
eth has a head its vitalik. with the presidenc (daofork) there is a person to put pressur on if a big entity wants to take over or change. it is saied that eth has the banksters in the boat.
has a real big dev group.
eth is 3 years old
price of eth is at 7 somethng. risk is there with the pos change that price might fall
pos means no more miners. but i know no pos coin that is traded up high
ETC: plans to limit the suply to about 200 mil. and to do a blockreward halving like bitcoin.
will for the next years stick to pow and then maybe change to a hybrid if needed.
etc has now 7 full time devs and 34 vuluntteers etc is just 6 month old
no head .there is no one that can be called the funder.
etc got suport out of princibles
is rising at the moment
big suport from china
the price of etc is still low
just my few on it
Thank you for your response. Couldn't the problems that came up in Eth also come up in etc?
about the attacks yes but the attacker didnt attack etc no one knows why.
then after eth had solved there problems the solution was added to etc thats why some say eth is the testnet for etc
but this will not last for ever etc and eth will go different ways
one big difference is
etc says "no fast and break it"
eth does push the project very much the diff bomb is an example for that.
the diff bomb is there to put presure on the devs to finish caspar and switching to pos
eth is a experiment its totaly new
and my experience with development is
deadlines could never be held.
the devs are good but they are rushing on expense of security
etc is different they talk a long time about changes simular to btc and i like that
