Altcoins News

Story: Ethereum Classic (ETC) To Put an End to Evaporated Paper Wealth

By James Thorp

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Ethereum Classic expressed, Both ETC and BTC have higher yearly transaction capacity when compared to high value, centralized RTGS systems.

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Donald McIntyre published:  All traditional RTGS systems being part of a layered stack are “apex” high value settlements and finality engines in traditional fiat payment…

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Donald McIntyre analyzed Fedwire (US dollar), Target2 (Euro), CHAPS (British pound), SIC (Swiss frank), HVPS (renminbi), CHATS (renminbi and Hong Kong dollar), BOJ-NET (Japanese…

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Donald reports that Bitcoin individually has higher daily and yearly volume capacity than all systems individually, except Fedwire.

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He also pointed to how Bitcoin and Ethereum Classic combined have higher yearly annual volume capacity, but lower daily capacity than all systems combined, however he feels this…

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He states that, Base layer proof of work blockchains like Bitcoin and Ethereum Classic are analogous to RTGS systems in the blockchain industry, they are trust minimized,…

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BTC and ETC individually and/or combined will be able to capture the global highest value segments in RTGS settlements first, while they scale overtime.

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Due to physical and security constraints, to scale and integrate with retail systems, the crypto industry needs to be layered following traditional settlement systems patterns.

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Well, all these were reported in 2019 – wondering if this still holds true? Well, there is no change in that ETC is programmable digital gold with 210 ml ETC Dapp functionality…

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EthereumClassic has digital-scarcity cryptocurrency monetary policy because limitless money has created inequality, endless war, evaporated “paper” wealth, and boundless greed to…

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