Ethereum's co-founder believes that Ethereum Classic (ETC) is like Bitcoin in its early days
There is still a potential in the blockchain Ethereum forked two years
Creator of Cardano and co-founder of Ethereum, Charles Hoskinson, shared his reflections on the future of Ethereum Classic (ETC) last week, at the 2018 Ethereum Classic Summit held in Seoul, South Korea.
The Chief Executive Officer of Input Output (IOHK) has commented as ETC reminds him of the early days of Bitcoin, when the main development team was composed of only a few people working together in such harmony that growth was then agile, while governance was simpler and more efficient.
On the contrary, despite the numerous milestones reached by both Bitcoin and Ethereum and the development they have had in the last two years, they are struggling to maintain this phase because of constant disagreements, disputes and other problems that end up slowing down the their technological development, according to Hoskinson.
He also stressed the "great value" that the Ethereum Classic community has for the foreseeable future is that they (he and his company) have to change direction and acquire another roadmap, for the only one. Ethereum the following is suitable for their vision no more. "It will certainly be a fight forward, but we must be our guide," he said, referring to his involvement in the cryptocurrency ecosystem through IOHK and Cardano.
ETC moves forward with new announcements
Despite what some people might think of Ethereum Classic, especially when compared to its similar forking, its development is certainly moving forward in its phase, but with the certainty that the future has something good for the network should continue to be together and work in unison.
A couple of days ago, ETC announced the release of its dApps toolkit, called the Emerald Software Development Kit, thus achieving one of the results set in its roadmap for this year
Follow TokenTops on Twitter to stay informed about new articles, cryptocurrency news, ICO announcements and price and analysis forecasts.
Legal Disclaimer: Please note that trading, buying or any other type of investment in c cryptocurrencies must be considered risky and may result in the loss of all the money invested. For more information, visit the Terms and Conditions section on TokenTops. We do not encourage our readers to any kind of financial decision. Neither tokentops.com nor its parent companies accept responsibility for any loss, damage or inconvenience caused by reliance on information published or linked to tokentops.com. We believe that everyone should do their own in-depth research on the particular topic in various sources before making any financial decision and this person should be solely responsible for the result. Our writers do their best to remain impartial and do not actively support any project. The research is conducted with various sources, the predictions are based on their beliefs, analytical skills, experts and community discussions and are intended to transmit only general information.