The Three Value Propositions of Ethereum Classic

in #steemit8 years ago (edited)

Ethereum classic was never supposed to exist.

The hard fork of the ethereum blockchain earlier this month was meant to move funds associated with the hacking of The DAO into an account controlled by investors and leave the old record of transactions to be forgotten by history.

Most of ethereum's developers made the switch, as did exchanges, startups and other members of the budding ecosystem. For a few days, the project returned to normalcy.

But not everyone wanted that record to be forgotten.

A small group of miners continued to use the original blockchain as a protest for what they depicted as a bailout of the defunct project.

Read more here:
http://www.coindesk.com/three-value-propositions-ethereum-classic/

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DOWNVOTED, this user @arek only copies existing posts. Please do not upvote.

Hi! This post has a Flesch-Kincaid grade level of 11.4 and reading ease of 63%. This puts the writing level on par with Michael Crichton and Mitt Romney.

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