Ethereum Classic has a controlled supply monetary policy. The unlimited supply policy over the past 30 years has created inequality, increased centralization, compounding economic problems, and more.
ETC Core tweeted: “#EthereumClassic has more active accounts than Litecoin, BitcoinCash, Cardano, Dash, ZCash, and Tezos. $ETC is programmable digital gold.”
Ethereum Classic retweeted: “In the past year, eth_classic has weathered being the nadir of 51% attacks and two hard forks. But protocol leaders share why they’re excited about the progress being made at Consensus Distributed Foundations, our new track for communities.”
Central banks are set to operate with the belief that there is an infinite amount of cash. At this juncture, are cryptocurrencies going to find their territory? Will Central banks continue to rule using digital currencies like the Chinese Yuan.
All of such pressing questions will be answered at the Consensus Distributed Foundation. The date is scheduled from May 11, 2020, through May 15, 2020 and it is free and virtual.
ETCcooperative published, “We are delighted to announce that Ethereum Classic will be participating in the Foundations track of Consensus, with an hour of content devoted to ETC.” Provisionally, the content is planned for May 12, 2020, at 3-4 pm Eastern Time. Users should keep a watch on probable changes.
What will be the future of money in the post-CoVid era? The event is free with amazing speakers. There will be live Q&A presentations made by key influencers in crypto, blockchain, government, academia, and entertainment.
Sydney Ifergan, the Crypto expert, tweeted: “Ethereum Classic (ETC) have not hosted a stable coin yet. Highly probable, they will come up with one very soon.”
ETC is looking to launch a stable coin in the right type of trading environment to make the most out of their gains. With the launch of a stable coin, it is expected that more of projects might likely migrate over to the blockchain, thereby boosting the Ethereum Classic Ecosystem.
ETC Cooperative Q1 2020 Transparency Report is out. ETC has taken a step forward in the design and putting in place of a new governance structure for the ETCCoop.
The new governance features are described and well contained in documents like: 1. ETC Coop 2020 Roadmap, Goals & Objectives, Budget, Governance Manual, Document Retention Policy, Gift and Donation Policy, and Whistleblower policy.
New Directors like Roy Zou, Elaine Ou, and Craig Slam are contributing to accelerating the growth of Ethereum Classic.
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