The development of cryptocurrency: a look at Ethereum Classic (etc)
Ethere Classic (etc). As a pioneering project within the Ethereum network, etc., has played an important role in the design of the blockchain landscape. Etc. Explore the unique properties and contributions to the cryptocurrency area.
The origin of etc
Ethereum Classic was born in August 2021 from Ethereum 2.0 (ETH 2.0). Scalability improvements, some developers opted for an alternative.
Etc. uses the same underlying technology and the same platform for the intelligent contract as Ethereum, but with some different differences that you differentiate from his competitor. One of the main advantages of etc.
story of etc
The journey of ETC started in 2014, when the project was first introduced as an ethereum fork. The original goal was to create an alternative to the main network of Ethereum, with the intention of delivering a more decentralized and open source solution. Over time;
During its development etc. there were several challenges, including scalability problems and increased competition through other projects. Despite these OPRSTACLES etc., the original vision remains obliged to provide a robust and safe blockchain platform for decentralized applications (DAPPS).
Role in the blockchain story
The influence of ETC on the blockchain room cannot be overestimated. POS -Konsens etc. has played an important role in the design of the modern blockchain landscape.
DAPPS, this shift paved the way for other projects such as Tezos (XTZ) and Cosmos (atom), which also used POS -Konsen and concentrated on improvements in scalability.
Important differences from Ethereum
The unique functions of etc. differ from its competitor Ethereum. Some of the most important differences include:
* Conspiracy Salgorithm: ET uses the detection of the stake (puzzle), while Ethereum uses the detection of work (Pow).
.
* Scalability
: While Ethereum 2.0 aims to improve scalability, the POS consensus model of ET enables faster transaction processing times.
Diploma
Ethereum Classic (ETC) has played a long way since its foundation in 2014. The unique characteristics, including proof of the use of stakemen and energy, differentiates it from other cryptocurrencies.
Vision of the provision and secure blockchain platform for decentralized applications (DAPPS). Regardless of whether you are an Ethereum developer or just want to learn more about cryptocurrency, etc., is definitely explored.
Leave a Reply