With the clamor of Ethereum Classic (ETC) and Coinbase declining, the currency seems focused on its development front. The platform has announced the introduction of dApp tools that will bring more investors. The outfit is aimed at ICO and similar projects that will add value to its native currency; ETC
This will test its potential in dApps and if the move proves successful, it will give the Ethereum (ETH) greater competition in the blockchain industry. The dApps market seems to attract a lot of attention with many new coins that work hard to dominate the niche.
Ethereum Classic (ETC) presents Emerald software
In the last round of events, the developer team behind the ETC project announced the release of the promising tool Emerald Software Development.
The announcement made through the official Twitter handle of the coin puts an end to the long-awaited development kit that will see the participation of other developers to start developing their projects.
The projects are intended to exploit the discontent on the Ethereum platform with many ICO developers and other dApp developers looking for better scalable, accessible and secure networks. Emerald times could not have come at a better time, but it will take some time before the results start to leak.
Ethereum Classic (ETC) Notice to Developers
At the time of writing, the kit is available through the development team and comes with a series of instructions. The tam warns the user that the resources of the ecosystem are used for speculation and there are only two ways; prices go up or down. However, critics have questioned the platform's ability to venture into dApps.
According to the latest data from Blocktivity, Ethereum has a transaction capacity of 24 hours on 50,000 transactions and this is low compared to that of Ethereum. If this speed is distributed and the integration of dApp increases, it could eventually influence the network from the optimal delivery of their promises.
The continued use of ASIC to extract ETC is seen as a way to strengthen its security and keep attacks as they have been increasing in recent times.
ETC remained unattractive and development tools could bring it back to life in the coming months. Even with such good news, the price of the coins has not been moved from the red territory. This has kept the community in a situation of panic almost exacerbated by the current bear market.
Ethereum Classic (ETC) Price Recap
The Coinbase boost after ETC's listing has seen its value grow in the last three months with the currency moving from the 18th to the 14th rank for market capitalization. However, the currency appears unstable and does not seem to threaten to reach the top 10 positions early.
The last 24-hour trading period saw the currency hurl of 0.93% against the dollar and 0.39% of Bitcoin to trade for $ 11.08. Most ETC volumes are coming in through the EXX exchange which accounts for 34.42% of total day volumes with ETC / USDT as a popular pair and an indication that other traders may have emerged from the crypt through Tather to fiat.