EthereumNews is now on Steemit!
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First of all hello Steemit!
We will be bringing you all things Ethereum & Ethereum Classic!
Now obviously right now there is conflict between both of these, but they both will change the future of the digital world.
If you are not aware.. Ethereum was hacked for $53 million by a dapp running on it's platform called The DAO. This was basically an app kind of like Kickstarter that would run on the Ethereum Blockchain, but what ended up happening was someone created a "Child DAO" that basically held $53 million in funds.
Now keep in mind there's a 28 day hold which the developers had time to vote on whether to hard fork and return the funds or not, which they ended up deciding to refund, but after this Ethereum Classic was created. (Which kept the original code of Ethereum the way it was before the hard fork)
Which one is better?
This is a great question and investors seem to be wondering the same thing, but what I am noticing is the price of both are up right now compared to last week. So there is definitely support behind both!
The reason people believe in Ethereum Classic is because it is based on the original Ethereum Code, and was supposed to be a platform that was reliable and would not be changed.
However, on the other side of the argument people would say that this type of hack needed to be prevented in the future so that other people do not take advantage of the same situation.
These are both good arguments, and it is up to all of us to do our own research and make our own decisions.
Conclusion
So you can expect updates for Ethereum & Ethereum Classic regularly, we hope that everyone can find value from our page. Please introduce yourself as well in the comments, and follow us for future Ethereum News!
Most important, what happens next? You will only use other people's creations or add your own? Anarchy is not always good. How will you attract customers is, everyone will know that at any moment the coin may hang in the air? And what will happen if the Ethereum team will go on the attack and starts to block all transactions with Your coin? And a lot of other issues. Who for them will answer?
Simply Great Information and Presentation
Thank you!
Ethereum Classic for me.
https://steemit.com/ethereumclassic/@cyberdesire/ethereum-classic-is-a-scam
I hope you will share more about the Ethereum code. This was a great intro, but now it makes em want to kow more. Pro and Con.
bring on the value- looking forward to it
Me gusta lo que has publicado, muy buena información , gracias por compartirla, si quieres puedes visitar mi blogg, si te gusta vota Gracias.
Security is very important, when it comes to working with computers, and even more so when working with computers that will be dealing with money.
Making sure you've really really taken the time to test the code and discover vulnerabilities is VERY important!
My bet is on ETH. There will be more support going forward.
What do you think about the ethereum price in the future?