Topic: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts - page 30. (Read 821119 times)

I am not sure if Ethereum is better in all aspects,
I think ETC and ETH are rathrer different
I fully agree

I didn't say I expect the flippening, but I think ETC/ETH ratio could improve

By "childish comments", I wasn't referring to you mate. I'm talking about some of the posters here who hardly post anything good at all, and it can get a bit annoying for those who do like to remain on-topic.

Plus I've a similar opinion for ETC. Why should it even exist when a better thing (Ethereum) already exists? ETC seems like a classical failure to me.

The one and only thing I like about ETC is the involvement of IOHK within its development team.

childish? lmao...it's called fact.

Ok but not at ethereum levels, because ethereum is overinflated because of the ICO craze last year (and still going btw) were you had a scenario of people buying loads of ether to invest in ICOs

Very real scenario
When the CLO sidechain implementation will be live, you all will see the Classic rising sun

Really?
To get close or make a flippening, Ethereum Classic will have to rise around 10 times from its current price.
This scenario is a unrealistic one.

Dear all,
Please read below. Very infrormative content and it only strenghtens my positive toughts on ETC project.

Ethereum Classic (ETC) has been fully focused on immutability and decentralization from the very beginning, but in markets like these where most investors are focused on quick returns rather than long term investments in promising technologies, concepts of immutability and decentralization did not matter much in itself. However, what most investors failed to realize was that this amalgamation of immutability and decentralization is what makes Ethereum Classic (ETC) the best fit for emerging technologies like the Internet of Things (IOT) and the Fourth Industrial Revolution.

Most blockchain projects today are centralized. This can be a good thing short term but a bad thing long term. For new projects that are centralized, it gives their creators more freedom and control to experiment and regulate. However, as the project evolves it is up to the creators and core developers to give up control and allow the blockchain to become more decentralized. This was the principle with which the original Ethereum blockchain was founded. However, with the DAO bailout, Vitalik Buterin and the developers who supported the bailout violated the first principle of immutability. Even to this day, there is a growing concern among developers and investors that Ethereum (ETH) is very centralized. Once you break one principle, it leads to another and then finally you are making compromises to a level where you are fine with abandoning your original mission.

Giving up immutability and decentralization might be convenient for the core developers and founders but it comes at a serious cost. It leads to problems like data breaches, corruption, manipulation, infighting, etc. If a blockchain has these issues, it cannot achieve success in Internet of Things (IOT) or the Fourth Industrial Revolution. Any blockchain that can have success at mass adoption for IOT must be immutable and decentralized in the first place.  Issues like scalability, speed and costs are also important considerations but immutability and decentralization are the prerequisites. If they are not met, no company or organization will even consider using that blockchain for Internet of Things (IOT).

Furthermore,the price of Ethereum Classic (ETC) has been trading in a diamond formation against USD since 2017. It is now at the brink of a breakout as the RSI has reached the extent of its movement within a triangle. In technical analysis, when the price of an asset is rising before entering a diamond pattern, there is a high probability that it will continue to rise after breaking out of that diamond.

In this case, a rally towards new highs seems reasonable from multiple angles. Ethereum Classic (ETC) is currently the cheapest coin on Coinbase and is expected to rise aggressively as the market sentiment reverses. There is an ETC Summit in September which has already been sold out. The event is very important as there will be a live demonstration of Internet of Things (IOT) on the Ethereum Classic (ETC) blockchain. In addition to that, a lot of popular industry figures will also talk about Ethereum Classic (ETC). Ethereum Classic (ETC) will become fully IOT Compatible by Nov 30, 2018 according to their official roadmap.

Let de 4th industrial revolution begin.

I see a chance for Ethereum Classic to get close to Ethereum now, because most crucial adventages of Ethereum now became in a manner of speaking its main disadventages. Many Ethereum ICOS are now dumping its ETH, and the network is overloaded.
And ETC has some powerful investors like Grayscale.
ETC is definitely worth paying attention to now!

Who is behind the developments and innovations in the ETC project? Can the platform serve to test new technologies that will later be used in Eth?

Yea i hope so let's the community of cryptocurrencies do their own research about the ethereum. ETH and ethereum classic ETC which are will be used for their decentralize application dapps and smart contract on their projects, we can not push the people to use etc's platform, they must know about the difference between ethereum ETH and ETC.

Why such a bold statement?

Seems like you're annoyed a bit by the childish comments around here.

I think this coin will soon become very popular and popular, as it began to develop well.

i think ETC has reached official shitcoin status LOL

Can you exaplain it to non-tech saavy people? It only lowers gas costs or there's more behind it, since you talk about sidechains? PoW sidechains means that I can even build a PoS sidechain on top of ethereum classic

well, let's hope that there will be more dapps (or even only) than ICOs as smart contracts, cause those scammy ICOs has put the little brother (ETH) in a almost desperate position

Don't worry about that buddy because many innovations in ethereum classic ETC here is one of them
Under Review: ECIP-1046 via InputOutputHK Researchers

Precompiled contact for verification of Merkle Inclusion Proofs
https://github.com/ethereumproject/ECIPs/pull/97#issuecomment-413016880
Lowers gas cost

Opens ETC to validation of non-interactive proofs of proof-of-work (#NIPoPoW), a building block for PoW sidechains.
That's awesome update of ethereum classic ETC because it can be alternatives platform for smart contract and decentralize application dapps.

Hha True  Classic FOMO. Buy high , sell low

 
how thinks noobs:
12$-expensive
14$-still expensive
19$-time to buy
=)

my account is still live, but tnx for the feedback, I was using that exchange to sell some shits only, but will be careful in the future

Yes, I confirm that they do delete the accounts of people without any valid reasons. I heard complaints from different people, something strange is happening there.