The Currency Analytics

Ethereum Classic (ETC) Nakamoto Consensus Mining and Cross-Chain Atomic Swaps between…

By Steven Anderson

Ethereum Classic (ETC) Capturing Highest Value Segments

Investors reflect on how ETC makes use of proof-of-work based consensus mechanism known as "Nakamoto Consensus," which uses a process known as "mining.

Several ETC consumers like the fact that ETC offers the Ethereum Stack Experience with Bitcoin like Monetary values.

The Saturn Network recently tweeted:  “Cross-Chain Atomic Swaps! Happy to confirm that Saturn Protocol v2 will allow users to enjoy decentralized trading between ETH/ETC.”

Sydney Ifergan, the crypto expert, tweeted:  "Cross-Chain Atomic Swaps used to be the much requested and much-awaited feature.

Excellent work has been done to create the on-chain DEXs like the Saturn Network.  A lot of work is set to be done in the upcoming weeks to enable Saturn rings to provide…

The user experience challenge is a big one when it comes to cross-chain atomic swaps, as it should work at a very large scale.

If a market place should be successful, there should be an easy way to access liquidity. Without liquidity, there will be no successful market place.

Ethereum Classic tweeted:  “Traditional settlement systems are controlled by central entities and are not socially scalable at all, while BTC, ETC are trust-minimized,…

RTGS systems are finality engines in traditional fiat payment systems. Bitcoin and/or Ethereum Classic individually or combined provides for a higher daily and yearly volume…

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