I doubt. ETC will most likely overtake ETH. Just wait for ETH to turn into PoS. As soon as that happens, most of ETH hashpower will start supporting ETC.
The switch to PoS is due to the fact that PoW is unsustainable - those miners who have made massive investment in GPUs to-date are experiencing rapid diminishing returns with these DAG sizes - 'they may' swtich to ETC just to get a little more life out of their rigs, but there is no sense in them continuing to load up on hardware for ETH. ETC, if it has a future (which I doubt - it should not), will face the same need.
Those serious folks who wish to use the technology are not going to go with a bunch of opportunistic malcontents, they will follow those that created the tech in the first place. There is very little chance that ETC will overtake ETH in its current state/price/etc, and def not in the future, as the most capable developers will be working on ETH, and it will be there where the real advancements are made.
ETC is a short-term novelty that some have made a decent profit pumping and trading, but its end is nigh.
Why does ETH need its own litecoin? Litecoin can be ETH's litecoin.
Litecoin served a clear purpose -- it was the second digital currency that provided users an alternative to BTC. At this point, there are hundreds of alternatives and ETH users don't need another alternative to ETH, imo.
ETC will likely continue to exist as long as traders want to trade it but I don't think it serves a purprose for ETH the way LTC did for BTC.
I doubt. ETC will most likely overtake ETH. Just wait for ETH to turn into PoS. As soon as that happens, most of ETH hashpower will start supporting ETC.
The switch to PoS is due to the fact that PoW is unsustainable - those miners who have made massive investment in GPUs to-date are experiencing rapid diminishing returns with these DAG sizes - 'they may' swtich to ETC just to get a little more life out of their rigs, but there is no sense in them continuing to load up on hardware for ETH. ETC, if it has a future (which I doubt - it should not), will face the same need.
Those serious folks who wish to use the technology are not going to go with a bunch of opportunistic malcontents, they will follow those that created the tech in the first place. There is very little chance that ETC will overtake ETH in its current state/price/etc, and def not in the future, as the most capable developers will be working on ETH, and it will be there where the real advancements are made.
ETC is a short-term novelty that some have made a decent profit pumping and trading, but its end is nigh.
You may see a temporary switch to ETC. But the big players will still be investing in ETH for their infrastructure.
what thoughts, what developments are
Why does ETH need its own litecoin? Litecoin can be ETH's litecoin.
Litecoin served a clear purpose -- it was the second digital currency that provided users an alternative to BTC. At this point, there are hundreds of alternatives and ETH users don't need another alternative to ETH, imo.
ETC will likely continue to exist as long as traders want to trade it but I don't think it serves a purprose for ETH the way LTC did for BTC.