Read on Twitter
This is a strong understanding of how undervalued $ETC is today
@BarrySilbert and @Grayscale represent a lot of money that is interested in #EthereumClassic
There are 2 more - @IOHK_Charles and @realjameswo
A thread on why $ETC is going 10x by summer /1 https://twitter.com/IntuitEcon/status/1358890410349854726
@BarrySilbert and @Grayscale represent a lot of money that is interested in #EthereumClassic
There are 2 more - @IOHK_Charles and @realjameswo
A thread on why $ETC is going 10x by summer /1 https://twitter.com/IntuitEcon/status/1358890410349854726
I used to work with ETCLabs so I am very acquainted with the strengths and weaknesses, the miners, the developers, and the community
Even though $ETC is one of the more mature chains, not everyone knows what it stands for and the differences with $ETH https://www.youtube.com/watch?t=1775&v=Kft3IejTyos&feature=youtu.be
Even though $ETC is one of the more mature chains, not everyone knows what it stands for and the differences with $ETH https://www.youtube.com/watch?t=1775&v=Kft3IejTyos&feature=youtu.be
Grayscale actively funds support for ETC with the @ETCCooperative run by @BobSummerwill. Bob was foundational in the creation of the Enterprise Ethereum Alliance, working full-time on that project for ConsenSys from October 2016 to October 2017
Next is @realjameswo who runs @DFG_Group, managing investments in excess of $550M AUM. They actively fund development for ETC with @etc_core and fund projects with @etclabs.
DFG just announced a $20 million fund for @Polkadot development, but ETC is the one where they develop
DFG just announced a $20 million fund for @Polkadot development, but ETC is the one where they develop
And finally there is @IOHK_Charles, creator of @Cardano and @IOHKMedia. Charles recently restarted the Mantis team, IOHK's dedicated development for ETC.
Cardano MarketCap: 27Billion
Ethereum Classic MarketCap:1.7Billion https://twitter.com/IOHK_Charles/status/1360738745020940290?s=20
Cardano MarketCap: 27Billion
Ethereum Classic MarketCap:1.7Billion https://twitter.com/IOHK_Charles/status/1360738745020940290?s=20
If there are 3 crypto powerhouses backing $ETC, why dont we hear about it more? Why is it so undervalued?
Well for starters, the 3 of them dont get along https://www.theblockcrypto.com/post/58953/ethereum-classic-collective-board-member-resigns-withdraws-funding-support
Well for starters, the 3 of them dont get along https://www.theblockcrypto.com/post/58953/ethereum-classic-collective-board-member-resigns-withdraws-funding-support
But its not only them that have issues working together...
The vocal community is at odds with each other aswell!
The twitter, discord, and telegram communities are run primarily by the ETCCoop (no devs) which has been at odds with ETCCore (the devs)
The vocal community is at odds with each other aswell!
The twitter, discord, and telegram communities are run primarily by the ETCCoop (no devs) which has been at odds with ETCCore (the devs)
Here is an example of the "official" ETC twitter saying security is weak after 99% of miners implemented the fix
(There have been NO 51% attacks since the fix was made)
The issue $ETC has is not a tech one, but a marketing one! https://twitter.com/eth_classic/status/1338036938192904193?s=20
(There have been NO 51% attacks since the fix was made)
The issue $ETC has is not a tech one, but a marketing one! https://twitter.com/eth_classic/status/1338036938192904193?s=20
Marketing can make projects standout, but what about negative marketing?
@drawpie is a self-proclaimed ETC Warrior, but only tweets to the world when ETC's hashrate is FALLING!
He opposed the changes made to save the network, and reminds us everyday https://twitter.com/drawpie/status/1359069085145858052?s=20
@drawpie is a self-proclaimed ETC Warrior, but only tweets to the world when ETC's hashrate is FALLING!
He opposed the changes made to save the network, and reminds us everyday https://twitter.com/drawpie/status/1359069085145858052?s=20
ETC is in a better place than it was 3 years ago
First priority was solving the 51% attacks. The solution was inspired by @VitalikButerin. Here he is defending it against the ETCCoop https://twitter.com/VitalikButerin/status/1319560679573966848?s=20
First priority was solving the 51% attacks. The solution was inspired by @VitalikButerin. Here he is defending it against the ETCCoop https://twitter.com/VitalikButerin/status/1319560679573966848?s=20
I was discussing ETC a few years ago at Deconomy with Fadi @lawmaster @mdudas @ @mayazi @ofnumbers @colingplatt @antony_btc
The 51% attacks have been addressed, with plenty of funding and development
I'm pretty sure that's news to everyone pictured here
The 51% attacks have been addressed, with plenty of funding and development
I'm pretty sure that's news to everyone pictured here
The rising gas costs on Ethereum will lead people to look for other secure #Defi solutions
Yes, ETC is ready to Defi - with work on a Uniswap competitor on the way
Oh and the Oracle is in good hands with @itsJust_PiZZa https://finance.yahoo.com/news/ethereum-classic-labs-announces-first-140000933.html?utm_content=151681301&utm_medium=social&utm_source=twitter&hss_channel=tw-999916823964368896
Yes, ETC is ready to Defi - with work on a Uniswap competitor on the way
Oh and the Oracle is in good hands with @itsJust_PiZZa https://finance.yahoo.com/news/ethereum-classic-labs-announces-first-140000933.html?utm_content=151681301&utm_medium=social&utm_source=twitter&hss_channel=tw-999916823964368896
Dapps that care about immutability are already on EthereumClassic
In this discussion with the CEO of @OriginalMyCom, you can see how more dapps will move to ETC for more cost effective transactions that offer the same or better security
In this discussion with the CEO of @OriginalMyCom, you can see how more dapps will move to ETC for more cost effective transactions that offer the same or better security
Maybe the price is pumping because of a potential "fork"
More infighting that only hurts the reputation of an otherwise top smart contract platform https://twitter.com/BobSummerwill/status/1359713583899103235?s=20
More infighting that only hurts the reputation of an otherwise top smart contract platform https://twitter.com/BobSummerwill/status/1359713583899103235?s=20
There are issues that persist in reporting the progress accurately on CryptoMiso and Messari -- they still are pointing to the wrong Github account
Another example of hurting price but not hurting tech
Another example of hurting price but not hurting tech
In an industry where marketing can generate more value than the actual tech, the price of ETC is holding up well.
If there wasnt so much self-sabotage from a vocal minority, maybe there wouldnt be 3 cryptowhales vying for a stake...maybe that's the price you pay for funding
If there wasnt so much self-sabotage from a vocal minority, maybe there wouldnt be 3 cryptowhales vying for a stake...maybe that's the price you pay for funding
Proof Of Work security
Monetary Policy identical to Bitcoin's
EVM identical to Ethereum's for complete interoperability
There is nothing else like it
Monetary Policy identical to Bitcoin's
EVM identical to Ethereum's for complete interoperability
There is nothing else like it
In conclusion, I am bullish on $ETC
Being one of a very few crypto assets available on Robinhood and Coinbase, I believe more people will start to understand how this gem continues to be undervalued.
I hope the ETC community will agree
Being one of a very few crypto assets available on Robinhood and Coinbase, I believe more people will start to understand how this gem continues to be undervalued.
I hope the ETC community will agree
