As Ethereum Classic, lived its first week?

in #ethereum8 years ago (edited)

During the first week of the existence of "new-old" Ethereum he acknowledged some trading platforms, and token ETC had to be noted treasurecenter increase in price. The "classic" Ethereum can not be called a marginal phenomenon – it became clear after the "official signal" Baterina, but I experienced hardwork ETH now has a serious competitor.


To summarize the first week ETC on the market and try to understand what kind of relationship will live two ideologically different systems.

The essence of the ETS and the arguments of his supporters

If you look a little deeper into the relevant topics on Reddit and the site Ethclassic, you can find very radical statements in relation to the hard forks and Ethereum Foundation. Until the developers accusations of corruption that IT sounds pretty wild. Ethereum Foundation accused that for the sake of their investment (which in the collapsed project of The DAO, according to the author, 65%), they stepped through the key principles of decentralized systems and to convince the community of the need for "hard fork".

Part of the community has agreed that hardwork hurt the image of Ethereum more than the story of The DAO, and decided not to move to a new blockchain. Unexpectedly announcing a project Ethereum Classic, his supporters declared centrosoyus and true to the original block chain.

You cannot sacrifice the principle of "just once" and pretend that it doesn't happen again, said the coordinator Ethereum Classic, the man with the nickname Arvicco. In his opinion, the meaning of the blockchain leveled if to protect it from censorship only as long as somebody important will not lose a lot of money.

First the news about Classic was not taken seriously – but the other thing is when you exchange one after another began to announce support ETC. At the time of publication of this material it is known that "boardtracker" Ethereum recognized stock exchange Bitfinex, Kraken and ShapeShift, as well as mining pool Minergate. On support of the project stated, in particular, known in the industry entrepreneur Charles Hoskinson previously criticized the DAO.

As it turned out, even Buterin not against forking Ethereum " isn't he talked about it before the disaster "TAO". He said that only happy if corporations and individual programmers implement Ethereum in its own way, and even urged supporters ETC to spend your hardwork to eliminate the possibility of repeat attacks in the future.

However, a return to the sources, there were opponents – as moderate (such as Coinbase, announced that he was not going to support ETC) and radical. The representative of the last – known entrepreneur from China Chandler Go – for obvious reasons, has declared its intention to attack the Classic project using 98G can see.

It is noteworthy that the dissatisfaction of the opponents ETC arose for the same reason that the outrage of his supporters about hard forks. The essence of the claims of those and others boils down to "we weren't asked!" If a "hard fork" was supported by selfish interests and desire to pull out of its even to bypass the rules, then, for example, the exchange Poloniex announced the "forced" conversion, ETH ETC. Holders of "ether", who do not like such a maneuver, I suspect the stock exchange that it plays in the interests of a narrow circle of people who knew about the upcoming conversion.

What kind of relationship will have to live ETC and ETH

Despite the fact that ETC can adversely affect the capitalization of the "poslerastopochnomu" Ethereum (and an increase of over 300% evidence), the main proponents of the blockchain yet are more peacekeeping. "Though our paths diverged, we have one goal the same – the introduction of platforms for smart contracts," says Arvicco.

Along with criticism of the Ethereum Foundation coordinator Classic recognizes that hardwork was chosen by a majority of votes, and that's no reason to lose respect for those who voted "for".

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Hi! This post has a Flesch-Kincaid grade level of 13.3 and reading ease of 51%. This puts the writing level on par with academic journals.

The grammar is terrible ..none of these sentences make any sense
"To summarize the first week ETC on the market and try to understand what kind of relationship will live two ideologically different systems."
" Until the developers accusations of corruption that IT sounds pretty wild."
"As it turned out, even Buterin not against forking Ethereum " isn't he talked about it before the disaster "TAO".

it's every paragraph..

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