WOW: Kraken Just Announced Support for Ethereum Classic

in ethereum •  9 years ago  (edited)

First it was Bitfinex, then ShapeShift, and now Kraken annonced support for Ethereum Classic:

We will be launching full support for Ethereum Classic. Clients holding $ETH at the fork will receive $ETC. More details soon.

— Kraken Exchange (@krakenfx) July 26, 2016

The network hashrate on ETHc is now close to 500gh, almost double what it was yesterday. It doesn't look like Ethereum Classic is going away any time soon.

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!
Sort Order:  

krakenfx Kraken Exchange tweeted @ 26 Jul 2016 - 18:48 UTC

We will be launching full support for Ethereum Classic. Clients holding $ETH at the fork will receive $ETC. More details soon.


Disclaimer: I am just a bot trying to be helpful.

Today the spike in price on ETC was tremendous on Poloniex - almost all the alts down. People sold so they could play on ETC

If the hashrate keeps growing, ETHc might overtake Ethereum in price and network security. I know it doesn't sound very plausible right now but I think there is a good chance. It seems the ETH foundation severely underestimated how important immutability is to crypto people.