Ethereum Classic Thoughts

in blockchain •  7 years ago 

hqdefault.jpg
Ethereum classic happens to be one of my personal favorite tokens. The reason being that it is essentially a blend of bitcoin and ethereum in a sense that there is a capped amount of coins that will ever exist, yet has the capacity to launch smart contracts. These are two excellent features to be implemented in a single token. There are some who wouldn't look twice at ETC after the DAO incident last year. But i see this as a confused mindset for people without deep understanding of the way blockchains function. Ethereum classic was the first crypto asset chosen by traditional investors, by allowing ETC to be purchased with IRAs. This means that ETC is in a position to become widely adopted if said investors enjoy the outcomes of etherem classic's performance as an asset. We have yet to see any new major developments from ETC developers, but a deep understanding in what the technology is capable of and the implications it may one day hold are key nuggets of knowledge for you to keep in mind.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!