Ethereum [ETH] says deep down, we’ll always love Ethereum Classic [ETC] despite the divorce
According to a recent announcement, Ethereum [ETH] special projects platform will be donating 15,000 ETC to Ethereum Classic Cooperative. This donation is to ensure that the Ethereum Foundation is investing in ETC in order to maintain a long-term positive-sum relationship.
The report stated that the Foundation found a cold wallet which had about 15,000 ETC. The Ethereum Foundation decided to donate the unsold ETC to the Ethereum Classic Cooperation. Furthermore, the reason for the foundation to donate the ETC was because Ethereum Classic had some quality engineering.
Some of the projects that interested the Ethereum foundation were the SputnikVM, which aims to be an efficient virtual machine for different Ethereum-based blockchains, and the Emerald Platform, an open source project, where tools are created by developers to build decentralized applications on Ethereum Classic [ETC].
In addition, the Ethereum foundation felt that donation could unite both the platforms for a greater good and create an opportunity “to bury the hatchet” between both the communities. In the top 25 cryptocurrencies, ETH and ETC shared a similar vision and technology. It was further in the mutual interest of both the platforms to work together and maintain a positive relationsh
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