MAJOR MILESTONE: ETC to launch Emerald Wallet on 30 April, watch out for a spike!
Ethereum Classic (ETC) will soon reach a milestone this month-end when it completes its Emerald Project. Completion of the Emerald Project will see ETC launch a secure wallet for its users. The launch of the new wallet is set to give an edge to ETC in the smart contract domain by making it more competitive and relevant. Emerald Wallet will ensure that user transactions are verified in a trustless manner.
As of now ETC users cannot verify transactions making it a big negative for the project. With news of exchanges and wallets being hacked, ETC's lack of security was its biggest drawback. By addressing security concerns, traders will become more confident transacting.
Apart from addressing security concerns, Emerald Wallet will help developers have a common standard for developing decentralised apps or DApps on the ETC blockchain. Currently it's expensive to create a Dapp on the ETC blockchain. With the new features in place after the Emerald Project launch, we will see more developers working on the ETC blockchain with a common infrastructure and framework making it par with ETH.
On April 21st, ETC is trading at AUD 22.86. It has a circulating supply of 101 million. Coincheckup.com gives ETC a very high Algo Score with full marks for its team strength. ETC's all time high value was USD 47.77. It's a great time to buy and hoard ETC, especially before the launch of the wallet. There's a high probability that increasing security features for this crypto will see a spike in price.
Follow the countdown on kryptocal:
https://kryptocal.com/event/4285/ethereum-classic-etc-beta-mobile-wallet
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