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Ethereum Classic (ETC) Is Proof Good Projects Thrive Even In Bad Times

Ethereum Classic (ETC) is thriving during one of the toughest times in its entire history. This bear market has been hard on most blockchain projects but in our view, Ethereum Classic (ETC) tops the list. This is because the core development team that has been working on Ethereum Classic (ETC) all these years decided to leave because of funding problems that the prolonged bear market created. From the moment ETC Dev made their announcement of shutdown on Twitter, people have been spinning this in thousands of ways. Ethereum Classic (ETC) had no lack of critics but after this announcement, even...

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Ethereum Classic Cooperative Welcomes Bob Summerwill

The Ethereum Classic Cooperative are pleased to announce the appointment of Bob Summerwill as the new Executive Director of the team. Bob Summerwill is most famous for his involvement in Ethereum, ConsenSys, CryptoChicks and a whole load of other community building projects from within the blockchain industry. Bob has a passion for cooperation and for building a community, the ETC Cooperative are pleased to announce that Bob’s incredible work will be continuing on into the ever-growing Ethereum Classic community as a result of this appointment. See the full announcement from the ETC Cooperative here According to the official announcement: “Bob...

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Is The ETC 51% Attack A Call For New Security Models

There is one question that still lingers in the air which is, are decentralised systems naturally vulnerable to 51 percent attacks? The recent attack against the Ethereum Classic network shows that there are limits of decentralisation and flaws in the current processes of securing digital assets and hints at the ways that these risks can be calculated. 51% attacks Currently, the market is in a state known as ‘crypto winter’ which has a less than favourable effect on the industry. In addition to this, bringing down the prices and eroding margins, the market affected the hash rate required to mine...

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Ethereum Classic (ETC) Very Likely To Outperform Ethereum (ETH) In 2019

Ethereum Classic (ETC) is recovering after a 51% attack that significantly damaged its reputation. However, its price did not suffer the way one would have expected as a result of the backlash on popular social media forums. Perhaps, this was because most of those people that projected the attack as the end of Ethereum Classic (ETC) were not invested in the cryptocurrency in the first place. So, when things normalized, a lot of people took this opportunity to accumulate more which is why we saw Ethereum Classic (ETC) stay its ground even as most other cryptocurrencies tumbled in the weeks...

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Ethereum Classic (ETC) Labs Gets A New Development Team And Price Rallies

Ethereum Classic (ETC) is once again rising from the ashes as it always has. The cryptocurrency which had its reputation marred by debates around the recent 51% attack has just got a new development team, ETC Labs Core. This team is supposed to start where ETC Dev left off but they are going to focus more on things that matter to the average investor. In other words, they are going to focus on building innovative Dapps on the Ethereum Classic (ETC) blockchain and also work towards the IOT (Internet of Things) promise that ETC Dev failed to deliver on. Members...

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