Hey hey hey --- hold on. My head.
Can we just get clearness to following points? And if you dont hit one point with a yes, please write back your proof. If you are deeper in scroll down to the next headline.
1) The blockchain is 100% not hackable, cheatable or crackable (come on, not the 50,1% server shi....ne)
2) The blockchain is a kind of cloud-database (if you try to explain someone crypto - try this)
3) ETH not itsself, but some code around, can sometimes be hacked (wallets, exchanges, miner software --- whatever is dealing with the blockchain)
4) ETH is a smart idea and I still believe in Vitalik Buterin. He had two choices. Fix the bug and thats it; 25% of ALL ETH would belong to a hacker (or a group of). Or fix the bug and undo some past action.
---- now my pov ----
IS ETH OR ETC REAL?
ETH is ETH. If I would copy the blockchain of bitcoin and I would call it copycoin it is CYC and not BTC
Some decided not run the ETH way, copied the eth blockchain (database) and call it ETC.
BECAUSE VITAK IS BREAKING THE GOLDEN RULE - THE MAIN RULE OF CRYPTO! DONT MANIPULATE IT! (they think)
But the manipulation of the hacker and leak was so big, it was necessary to react in this case.
And why the btc chart is always getting down while the head team is meeting up? Every crypto is changeable and the people are always shocked again and again.
Because all are afraid of changes which are not good for --- miners, investors or whatever btc-business --- that is the reason why btc chart is falling down at the second a hidden meeting is started and running
They even could startet an own new blockchain with 0 - but in this case nobody would care. ETC: Hey, we are the copy of ETH and advertising is free over news
If you have an "old" local ETH wallet which is not hit in the chain. And you get the new ETC with the same wallet dat, you should earn twice Do it before ETC is dead. Change your ETC to ETH/LTC/BTC.
AND WHO IS INTERESTED TO HAVE ETC?
Well. I have 25% of an idea
... and ofc those who invested in those weeks.
But those are the brave sheeps to get maybe some dollar back and again the hacker will have most winnings.
Some who will exchange from crypto or fiat to ETC will be the looser at the end.
I dont trust in ETC for now, because I dont know who the people behind are.
As long term it was the right way. For now it is hard. But that is the business of crypto.
Go search some gold in the river
--- OH ITS FUNKY --- ITS GOLD! .... cat gold