The Currency Analytics

Bob Summerwill of ETC Cooperative Makes Positioning Statement – ASIC Resistance is…

By Dan Saada

Ethereum Classic Network Hashrate

Ethereum Classic and iSafepal

Bob Summerwill, Executive Director of ETC cooperative, tweeted:  “BLOG - ASIC Resistance is a Myth."

The statement by Bob Summerwill ensures that several decisions that have to be made around ETC are not to be influenced by things that can be easily thrashed as a myth.

Subjective personal beliefs do not matter.  Some things need to be decided purely based on the scientific measurement and solid facts.

The Philosophy and Ethos of Ethereum Classic are “Immutable, Decentralized, Unstoppable.”  Ethereum Classic inherited its implementation decisions from Ethereum Project.

Ethereum Classic tweeted:  “#EthereumClassic Network Hashrate Continues to maintain all Time Highs.

Sydney Ifergan, the Crypto Expert Tweeted:  “There are short-term fluctuations with ETC; however, beyond that ETC is positioning itself well.

There are alternate opinions from participants because some of them believe that it is not acceptable to be moving a hard fork with flaws to the main net.

A solution proposed in this regard is add a parallel fork as opposed to cancelling Aztlán per se.

SafePal is now a participant in the ETC ecosystem, and they are deepening their connection with the ETC members.

The current year is seeing a noticeable and promising improvement in Ethereum Classic at 186%.  These climbs have happened in just a month.

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