Blockchain

Story: Ethereum Classic (ETC) on the Oracle Creating the Bridge Between Blockchains

By Maheen Hernandez

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Ethereum Classic (ETC) Non-custodial Desktop Wallet

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It helps to understand that Ethereum Classic Labs are working in collaboration with ChainLink to bring decentralized oracles to Ethereum Classic.

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It is well know that Ethereum Classic and Ethereum are not able to natively interact with the off-chain services because of their underlying consensus mechanisms which maintain…

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The limitation was that Ethereum was not able to connect with other blockchains or non-blockchain infrastructure.

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The oracles do the job of creating a bridge between the blockchains and the off chain data.

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Ethereum Classic tweeted:  “@Chainlink is a proven decentralized oracle network, which allows #EthereumClassic smart contracts to interact with off-chain resources with the same…

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Sydney Ifergan, the crypto expert tweeted:  “Ethereum Classic smart contracts interacting with off-chain resources is huge, being able to interact off-chain means interacting…

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When ETC has further systems in place to integrate and use the off-chain data for good, there will literally be a miracle of sorts.

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ETC had a few things to say about the latest Emerald Wallet v.2.2.0.

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Ethereum Classic tweeted:  “Emerald is a non-custodial desktop wallet that supports, #EthereumClassic, #Ethereum, #Tether, and #DAI.

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Bob Summerwill seemed to acknowledge Vitalik Buterin’s opinion by retweeting his opinions, which meant that some people are focused on creating easy to use global access…

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Vitalik stated that several flashy stuff are exciting; however, they are for the short term and that there is no real way about how the Defi will have interest rates which are…

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Classic Kevin Lord, a new community manager expressed their excitement in joining the ETC cooperative and praised Bob Summerwill on his leadership.

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