Can someone tell me, what is ETC, what is idea and who is behind it? Thank you in advance!
Looks like yet another whales toy...
ETC is the immutable Ethereum that is mined by miners with integrity who will not roll back the blockchain no matter who is asking (Ethereum government, US Government, etc). These miners have proven their allegiance to immuatbility, and now this chain is officially "unstoppable" as advertised.
ETH is Ethereum Hardfork, and it is run by miners who will freeze funds and roll back the chain at the request of any government (if they forked for the Ethereum government, then they would surely fork for a more power government )
Other than that, they are equal in functionality.
So in a nutshell, they are equal functionally, but they have unequal immutability.
Now since immutability has value, everyone is waiting to see if Peter's V5 wallet really is harder to fork (requiring more than 50% consensus for the first time in blockchain history).
According to his earlier posts, I think that Peter said that it would take 80% of the WBB V5 miners (nodes) to collude to fork the chain.
An blockchain that raises the collusion requirement from 50 to 80 % is truly revolutionary, and if MVP works, will land us on Jupiter. Immutability is what gives BTC, and now ETC their value.
nice point as long as it holds water
- which we know it will because Peter comes thru 100% every time.
ppl hopefully NOW see wbb/1ex are legit and not some kiddy table game here. they are targeting things a lot bigger here...and it won't be much longer.
banano even i'm starting to like you bro lol.
), named banano!
