The Currency Analytics
By Dan Saada
Ethereum Classic (ETC) and Ethereum Main Network Access
Bob Summerwill tweeted: “My slides for what is happening with Ethereum Classic?" And, when we explored the slides, we were led to a myriad of details as follows:
Ethereum Classic (ETC) has Bitcoin Philosophy with Ethereum Technology. ETC is hard money that has a fixed supply, and it is truly decentralized.
The turing machine is bound by gas. Unlike the BTC, ETC has rich statefulness. The Rich statefulness is the major selling point for ETH as it facilitates transparency at…
The flexibility facilitated by a Turing-complete system is commonly criticized as being potentially unsafe and unpredictable. The code can be expressed by enabling smart contracts.
The core fear was that attackers could write a code that would shut miners or nodes by forcing miners into a loop in a way the problem never gets solved.
Of note, Bob Summerwill, in his slide, also talks about why anyone should care at all.
Sydney Ifergan, the crypto expert, tweeted: "We are looking forward to the value proposition of the resurgent ETC protocol in 2020.”
Summerwill also stated in his slide, “Deploying an ETH dapp on ETC will be trivial after the Aztlan+Phoenix hardforks scheduled for June 2020. "Just works." Same exact tools.”
Ether cluster is a free service, which provides instant access to Ethereum Classic (ETC) and Ethereum (ETH) main network along with Kotti and Goerli test networks.