Yet Another Ethereum Fork ? Classic Ethereum (CETH)
According to a new post on Reddit
https://www.reddit.com/r/classicethereum/comments/4vs73r/introducing_classic_ethereum_ceth/another Ethereum fork may be in the works: Classic Ethereum (CETH).
now not to be burdened with Ethereum traditional (and many others), which resulted from the hard fork implemented due to the DAO hack, or with the unique Ethereum (ETH), the brand new conventional Ethereum (CETH) fork will adhere to the original Ethereum blockchain till the block 1,920,000 in which it's going to additionally fork, most effective with a small signature trade reportedly to make replay assaults not possible. for my part, i am hoping that is both a joke or doesn’t materialize as I feel the scenario with ETH and and so forth is awful enough. while I recognise there are numerous individuals who are hopping on the and so on bandwagon in hopes of getting on early, mainly in the event that they overlooked out on ETH’s early days, however I feel this is going to cease badly. From what I seen to date, it seems like a large scale manipulation taking place to promote and so on at high prices, and convert it into ETH at low charges. As far as the hash-price, miners stay off of income, so they may obviously point their rigs at some thing coin is worthwhile for the time being, however this doesn't always indicate their long-time period commitment. once the profit evaporates, the miners will switch back to ETH or some thing different coin is the maximum worthwhile at that point.
very truly said.. miners will certainly go for something that is profitable.. look at me.. I used to mine ETH with my small rig... it used to be profitable until fork happened and ETC emerged... now ETC became more profitable for mining so I switched to it... nowadays ETC's price has dropped a bit and ETH is good to mine... atleast thats how it works for me...
New post? Uhm the fork happened a while ago... 2 weeks in Crypto years is like 2 decades in normal years...