Ethereum Classic (ETC) is a slow but secure long-term winner


Chart for ETC / USD (1W)

Ethereum Classic (ETC) is a slow but secure winner from 5 to 10 years from today. Now, many people are opposed to my use of the word "slow". Ethereum Classic (ETC) is slow and I'm going to explain how it's a good thing and not a bad thing. A lot of blockchain projects have come onto the market with products and processes halfway through cooking. They are more interested in quantity than quality because it is what people love to see in a market where the majority does not understand technology anyway. So, most blockchain projects focus on things that the general public likes. Before you know it, they have a lot of useless ICO on their platforms.

All this may seem impressive outside. However, after all, they are still very confused about the problems that really matter. For example, they have no idea how to resize. They do not know what they represent. Sure, blockchain is a hot topic for now but it will not be that way forever. In a few years people will want to see what they can do exactly with that blockchain. When that time comes, most of these projects would have no clue as to what they want to accomplish and how they will do it. This is not just about the small cryptocurrencies of the platform. Ethereum (ETH), hailed as the mother of altcoins is currently at that point. They just postponed Plasma because they had absolutely no idea how to proceed towards what they had promised.

Chart for ETC / BTC (1W)

In the race to achieve higher market capitalization, most of these projects are continually subject to new and useless upgrades and processes, but at a fundamental level they have absolutely no idea what they represent. They are not sure what their future will be when people actually want to use blockchain for something instead of blocking the blockchain itself. Blockchain technology, just like the Internet should be a facilitator. It will help other projects and companies to create new businesses to revolutionize existing sectors such as construction, production, healthcare, etc. While most of these projects focused on the blockchain itself, Ethereum Classic (ETC) was thinking outside the box. The Ethereum Classic (ETC) development team under the guidance of Igor Artamonov has decided that they will not enter the same competition to attract tons of ICOs.

Ethereum Classic (ETC) has decided to follow a technology that will be at the center of the fourth industrial revolution. That technology is the Internet of Things (IOT). The team behind Ethereum Classic (ETC) could have invented eye-catching graphics to give investors a false sense of hope that they were doing wonders working on the Internet of Things (IOT) side. However, Igor Artamonov has clearly stated a few days ago on Reddit that they are doing everything possible to work on IOT, but they will not rush to do so. Instead, they take a constant approach ensuring that they cover every line and point. For the Ethereum Classic community, the code is law and that's why they have to be very meticulous and careful at every stage because an error can not be undone. This approach could certainly put them behind other projects for the time being, but long-term people will want to use a blockchain they can trust.

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