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Topic: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts - page 239. (Read 821107 times)

sr. member
Activity: 350
Merit: 250
full member
Activity: 452
Merit: 100
Here is the Ethereum Classic Improvement Proposal (ECIP-1017) which would place a hard cap on the supply of $ETC.
https://github.com/snaproII/ECIPs/blob/54ee7b2fc8ed17e8085e43ccbf8752c227ea3256/ECIPs/ECIP-1017.md

ECIP-1017 would introduce a tithing of 20% every 5 Million blocks. Roughly every 2.38 years. By 2059, 99% of all $ETC will have been mined.
https://twitter.com/eth_classic/status/800872956905791488

If ECIP-2017 is introduced, it would place the hard cap of $ETC supply at an estimated 198.5 Million. Estimate is due to uncle rewards.
https://twitter.com/eth_classic/status/800874857831481344


If there is hard limit, does it mean it will be PoW forever? For the PoS, you need to have some kind of "interest".
sr. member
Activity: 350
Merit: 250
Here is the Ethereum Classic Improvement Proposal (ECIP-1017) which would place a hard cap on the supply of $ETC.
https://github.com/snaproII/ECIPs/blob/54ee7b2fc8ed17e8085e43ccbf8752c227ea3256/ECIPs/ECIP-1017.md

ECIP-1017 would introduce a tithing of 20% every 5 Million blocks. Roughly every 2.38 years. By 2059, 99% of all $ETC will have been mined.
https://twitter.com/eth_classic/status/800872956905791488

If ECIP-2017 is introduced, it would place the hard cap of $ETC supply at an estimated 198.5 Million. Estimate is due to uncle rewards.
https://twitter.com/eth_classic/status/800874857831481344
sr. member
Activity: 350
Merit: 250
Cryptocurrencies with Conscience Pave Way Into Machine 2 Machine World.

"Ether, or ETC/ETH, is a byproduct of Ethereum forked code and its traded currency. Its primary purpose was to build a world computer, a state machine where miners as transaction processors can be rewarded for the energy, investment and effort."

https://cointelegraph.com/news/cryptocurrencies-with-conscience-pave-way-into-machine-2-machine-world

sr. member
Activity: 350
Merit: 250
sr. member
Activity: 350
Merit: 250
Ethereum Classic @eth_classic:
Sincerely hope you are more humble and cautious in your attempts to create a Charity #DAO. @stephantual & @ChrJentzsch.
https://twitter.com/eth_classic/status/799986766354726916
sr. member
Activity: 350
Merit: 250
Ethereum Classic @eth_classic: It is known.
"Thought:Vitalik and co basically socialized cost of the DAO hack through sacrafing their market Cap. For the risks of a few, all paid price."
https://twitter.com/eth_classic/status/799960201227108352
legendary
Activity: 910
Merit: 1000
Well there are good news from official developer of ETC for the comunity and miners, although ETC's price is trend down.  Grin
ETC mining pool "Altpool" now has a stratum in mainland China to make it easier for miners to join & contribute to ETC Network.
copper member
Activity: 416
Merit: 105
closer to the END
sr. member
Activity: 350
Merit: 250
sr. member
Activity: 386
Merit: 250
TIL that Ethereum Classic's blockchain may become longer than Ethereum's very soon (41 block difference).
https://twitter.com/alistairmilne/status/798552530733166596

How did ETC's blockchain manage to catch up with ethereum's so fast?
ETC has been around for about 6mths while ETH is 2 yrs old! Shocked

Not sure. 800 block lead now. side by side action can be viewed here

http://www.epool.io/#/stats
sr. member
Activity: 350
Merit: 250
member
Activity: 237
Merit: 10
Its nicely channeling down, meaning more cheap tokens for my greedy paws. But if u gonna plunk down a little cash at this very moment theres still challenge of what u actually going to watch. Big runs need time. Its really that simple. If u suss out the lethargic state of their "developments" it doesnt look like a promising asset to park ur cash in, does it? But could be a long term killer investment.
sr. member
Activity: 350
Merit: 250
Ethereum Classic @eth_classic:
As long as $ETH continues to attract more users who "invest" in this fashion, the more likely bubbles & bail outs will continue.
https://twitter.com/eth_classic/status/799218086058557440
sr. member
Activity: 350
Merit: 250
sr. member
Activity: 350
Merit: 250
TIL that Ethereum Classic's blockchain may become longer than Ethereum's very soon (41 block difference).
https://twitter.com/alistairmilne/status/798552530733166596

How did ETC's blockchain manage to catch up with ethereum's so fast?
ETC has been around for about 6mths while ETH is 2 yrs old! Shocked
newbie
Activity: 68
Merit: 0
TIL that Ethereum Classic's blockchain may become longer than Ethereum's very soon (41 block difference).
https://twitter.com/alistairmilne/status/798552530733166596

That is good. But it is still less secure than the Etheereum network as that one has more network hash rate.
full member
Activity: 210
Merit: 100
Digital Crypto Wealth Management Platform
ETC chain now longer than ETH! Congrats ETC!! Just goes to show, never fight the blockchain law.
https://www.youtube.com/watch?v=AL8chWFuM-s

Based on the cryptocurrency theory and the belief in this community, the longest chain is the main chain if a chain forks.
LOL, this is a great achievement for ETC. Smiley

Definition of the longest chain:
https://en.bitcoin.it/wiki/Block_chain
sr. member
Activity: 1204
Merit: 252
ETC froze Sad will it arrive in the 200k?  Huh
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