Bitcoin Forum

What are the pros and cons of each and which do you think is superior?

Don't know what to tell you, think of china and the rest of the world ( excluding africa ). Almost everything is copied by the chinese, from handbags to entire towns even, no innovation whatsoever. ETC is china.

So there's no real point to it? Just cheaper

I think they are just like Litecoin vs. Bitcoin – the first is a copy–paste of the second, it doesn't bring up much to the table.
Here is a similar discussion that was issued in the past (maybe you can get some answers out of it): https://bitcointalk.org/index.php?topic=1566381.0

IDK about the development of ETC, but the developers, marketing, managers behind ETH development should make ETH more valuable than ETC

Of course yes ETH is more valuable than ETC right now, many projects related ETH and
many projects be builded on ethereum network than be builded on ethereum classic network,
it is mean ETH is more valuable than ETC and we can check on coinmarketcap.com
 also ETH's price is more expensive than ETC's price.

ETC is basically profiteering from the hard fork that prevented someone from stealing a lot of Ether.
It could be of value if ETH somehow gets hacked or otherwise corrupted, in that they have a fully functonal back up chain waiting in reserve.

I think they could and should be testing on the ETC chain, then if sucessful, they can use the ETH chain. It would be like a live Testne then.

I don't see much point in buying for (long term) speculation, but it could be of use to ETH in other ways.

Well, ETC has lower value than ETH but ETC is easier to mine than ETH.
I don't see ETC catching up to ETH anytime soon, so if I were u, I'd just stick to ETH.

Etc is the eth forking result and i don't see any good feature come out from etc, so i don't see any good future of etc while ETH is keep on making a solid improvement, so etc still need time to grow
If you want to choose then i will suggest to invest in eth, it got more potential in the future

No real point beside speculation. You can xerox copy anything, it doesn't mean you can understand it. Pretty sure ETC devs don't fully understand ethereum, otherwise they wouldn't have chosen to take a crypto currency path instead of a crypto dapp platform path.

Are you guys serious you don't know the difference? Where have you been?

ETH is a centralized coin controlled by one person making decisions for everyone.

ETC is more like bitcoin where there is no tampering with the blockchain, no rollback no bullshit. Yeah, the hacker got a bunch of ETC but that's the way it goes in a decentralized system.

If you don't know what I'm talking about look at all the fiasco after the DAO hack. I'm sure some google searching will get you what you need.

+1   
ETC = immutable
ETH = mutable

Are you fucking retarded? You know nothing about what happened and yet you blame China.
Go back google why ETC hard forked.

While Ethereum Classic for many seems to be a bit of a joke, it aims to make a point, the project has been gaining some traction with a small but growing user base on Reddit and Slack, and with the Bitsquare offer of decentralized exchange Of your token - the classic Éther - as a trading option. In addition, about 0.5 percent of the hash power has joined a special set of Ethereum Classic mining even before the split, and it seems that given the mine in the Ethereum Classic chain, guaranteeing blocks are drawn and the design is Kept alive.

I don't see ETC ever getting same level of attention that ETH has been gaining in the last few months.

Haha I still have to get used to the new btt logos.  Look at mine..  and this while I am supporting ETC instead of ETH  ::)

1) ETC is more like BTC in more ways and ways to come in the future it has a roadmap to implement a fix coin cap of about 210-230mil ETC just like BTC    a max amount of ETC.
2) An investment fund from Barry Silbert (gray scale) is about to be announced

3) 2.8dollars p/ETC is cheap in my opinion you should get some no risk at all it could go to 5-10 range soon!!

ETH well enough sad in other replies, I was against the bailout but he who am I right?

Im not pro or con both I do think diversify and I do see more positive development in the future check the github roadmap site https://ethereumclassic.github.io/

I own ETC,ETH,LTC,XRP,XMR,DASH and *BTC*

Please guys (and ladies ?) when you compare two different coins, do it about the development, not the price.

First of all, you shouldn't invest in a coin when you don't have any idea of what it is, or what is the development purpose, nor the development direction.
Second, it doesn't matter if you don't have coding knowledge as long you ask the right questions before doing anything with this coin.
Third, the price of a coin is the last thing to take in consideration.

The future of a coin depends largely on the code quality (BU's code quality is really poor) and on the capacities of the development team (ETH have better capacities then ETC) and for the generale code behaviour and management.
If you invest in a coin with a closed source code, or restricted code editing, then you money isn't safe because it means that the development team is either a newbie team, or, they have something to hide like backdoors, rewards stealing, fees redirecting ...

Now if you consider ETH and ETC in a development basic only, here is what i think about them :

1- ETH have a better development team compared to ETC, because they are the original creators of ethereum.
2- ETH have a better API then ETC because ETC development team isn't as well organized as ETH's team.
3- ETC have an enormous issue with their nodes/bootnodes, as they can't get stable bootnodes, and this screws clients synchronisation, they are still syncing with ETH nodes which leads to connection denys because of back block hash. So your wallet/node will always try to find valid nodes, but there are more ETH nodes then ETC nodes, so it is hard to get nodes unless you have a list.
4- ETH's code is (as far as i know) restricted to their team only, you can make propositions but the final decision is taken by their team, it means the coin is centralized.
5- ETC's code is open, you can open pull requests, participate to the code, which means that it is less centralized then ETH, which is a good point for them.
6- Now comes the price arguments :

6-1- ETH is older then ETC, thus ETH have a lot more supporters, which means the price is higher.
6-2- ETC have a supporting community, but the price is lower, mainly because just a few exchanges/services supports them as they still need to provide more efforts regarding integraiton API.
6-3- Both are the same coin, what ever you say, the price difference is mostly due to the ignorance of people buying something they know nothing about.

Note to people hwo think that ETC is an altcoin of ETH :
" Both ETC and ETH are Altcoins of Ethereum, because both of them borned after DAO hard fork "

You can consider Ethereum as having two branches, ETH and ETC, it is up to you to decide which one suits you, and the biggest part of the answer is related to the DAO hard fork which is the reason for the split.

I know it is a pain to read the white papers, but it is mandatory especially when you invest money.

the only i know is ETC price is cheaper than Ethereum and we can buy much of ETC than ethereum. actually i don't know about ethereume and ethereum classic project, i only know that both is good investment for long term and we can hold it right now as the price is not really expensive to bougt.

I don't agree here, especially regarding ETC, because if they don't focus on nodes problem, you will just loose money because they would be unable to unify their network and connect to each other. I told them they should use something like bitcoin-seeder to keep track of their nodes, or add a specific signal to ETC nodes to speed-up the nodes filtering.
They are still working on it, but i don't know if they are going to be able to solve this problem. And this is the most serious threat a coin could face.

Eth is more superior

This is the problem actually, could you tell us why you think ETH is superior to ETC ? Plase argument, i am really curious, but don't tell us that you choice is motivated by price considerations only.

I think the Ethereum has more active development and more companies are involved.

Are there any "programs" (not sure how they are called) built on ETC?


Btw do any of you know if ETC will turn to POS when ETH does?

No, their dev team is incompetent so they can't deliver the promises of ETH. So POW will continue until 210mil coins, i think they might have halvings aswell otherwise it would only last few years.
No important dapp will be deployed on etc, except useless ones for their hype value.

I am sure there will be no Ethereum but eth. What to expect from a copy-paste coin? Cheaper is doesn't need it's​ better than an expensive one. Eth is more valuable and one step behind bitcoin, so there's no reason to people choose another eth to invest.

Yes we can able to say such thing but there are still people do choose or decide to invest or put their money on ETC and you are right ETH is more valuable than ETC not because of their current prices but mentioning or seeing on the community who do engage with it.

Ethereum is backed by big banking so basically their team has an open checkbook, which in turn brings the best of the best to their technical team. This all but ensures a minimum acceptable price as well. If ETH was really cryptotocurrency and not a business, there would be no ETC, only ETH. $10-20 ETH.

No. As far as I remember, ETC is also built on the ethereum platform but it has faced a hard fork, so the coin was nearly killed and that's why the price is that small. ETH is a new version on the same platform. And I think that it has some code improvements but perhaps I'm wrong. So, it seems to me that etc is something btc would become in case of the hard fork and eth is like the potential bytecoin.

If you believe so, i was just enumerating facts who are pertinent for me.
Roger Ver is behinde ethereum, so does UK's secret services (i can post you the proof, as it had been investigated, and proved), this means that this coin have a good supply of money, but it doesn't means that it allows them to get a good code quality as developing an application/software/system in a usual method (by paying devs) leads them to work for greedy reasons. While working on an open source, free to participate leads the developers to provide the best they can offer as the motivation is personal,  it would be a shame for a developer to provide a poor code when he works in an open sourced project.

it is a very good point but your mistake is thinking their money will be spent on bring good team and making it something worthwhile!

what really happens is that the bankers and the rich people behind ethereum do not care about anything regarding this altcoin. they only care about their money and how they can multiply it. as we have been seeing so far they do anything to keep it afloat and pump it higher, from spam advertising campaigns all over the internet to paying news sites to publish fake news and bashing bitcoin.

one is the original chain with a competent developer the other is a bunch of wanna be that want to overtake the original by running their own chain, not that different from bitcoin unlimited and core lol, don't invest in ethereum classic it's going to die, it was just an excuse to scam some moin while the original was solving some trouble about the hakcing

Hmm, I also noticed that bitcoin will still be the highest digital currencies in the future. Because the bitcoin is a digital currency that first provides convenience and benefits, so everyone will surely prefer the bitcoin for use. Unless indeed bitcoin has serious problems and it makes the majority of its users to lose confidence for using bitcoin. And if that happens, it will be a substitute ethereum or the strongest candidate. Because the Ethereum has a better rate and also a system that has been in a fix
 

I like how you said absolutely nothing in that paragraph

read this thesis and you will understand $ETC is bitcoin with smart contract unlike $ETH

https://grayscale.co/wp-content/uploads/2017/04/Grayscale-Ethereum-Classic-Investment-Thesis-April-2017-1.pdf

Why?
Do not forget that big holders of ETH own also the same ammount of ETC.

It is in their interest to make ETC grow too.

Barry Silbert has opened ETC foundation. I think it could be developed further,because of a growing interest to blockchain and crypto.

We are actually working with a couple of guys, one is a major developer in ETC, and one is a major leader in ETH. We talk with these guys every week, and both have huge visions for the work they are doing. Both of these coins have the value and potential.

Search for the incident "Dao Hack"

Previously there was a coin called as dao and it get appreciated very very high by the community and lots of eth were invested in dao.

But sadly, their fund was hacked and we are not talking about few million, its 40-50 Million.

Therefore, this is where etc arise. As eth wanted to roll back the chain but certain people doesnt agree on that because its not decentralised anymore in this case. Then etc is created

So if we follow the original chain

Etc = Old Eth
Eth = New Eth

It was really long ago,when ETH cost above 1$ and it was in homestead period.

Also Vitalik himself manytime called to DAO dev about their vulnerability in code.

Time has changed,now ETH is a part of Microsoft Azure.
And Barry Silbert is in head of ETC foundation.

Ethereum is into the highest price as of now and maybe its hard to increase even it will update because there are many altcoins are coming which is great altcoin coming. Trader will not get profit much in ethereum unlike etherium classic has a possibility to double your money because the market volume is not high as much. So for me, Ethereum is the better in the two.

it is true, what is described above is true opinion , eth has a team more mature than etc, and I personally choose eth with long term while for ETC too many game pump and looking for profit mere.

I know some people just mine and dump ETC when it is more profitable to mine.

Still amazed at how many people think ETC - Ethereum Classic - is the fork and copied!

You can easily look this up for yourself. ETH - Ethereum - decided to fork to return the investors money that was hacked and taken during the DOA period. ETC decided to keep the chain and move on with the loss, as would any sane person operating a blockchain.

If you want to compare it to something, it would be like the MtGox incident. Imagine the BITCOIN chain was reversed to allow people to retrieve their money and in turn remove the immutability aspect principles of Bitcoin. While this would satisfy the people who lost a lot of money as a result. It would also mean you have reversed the actions that took place. In such a case, ETC would be the chain that decided to honour the principles and keep going on the same chain while ETH - ETHEREUM - decided to fork the chain and return peoples money.

I am still surprised people have not looked into this and believe that ETC is a fork.

You can read about it on their website:
https://ethereumclassic.com/

From my side, i know that ETH is actually a fork of itself, and that the original chain is ETC.
The problem is that, when you compare the development of each chain, you will find huge differences. ETH's API is by far the most developed one, while ETC may be the most "sane" chain.

My problem regarding Ethereum (ETH+ETC) is, these guys should work together regardless of their differences. I also noted how the support is hardly provided by ETC guys, and how it kind of doesnt exists for ETH guys, unless you want to run a smart contract. And this a general fail for both of them.

Cheers for being very honest about it. I find that in a lot of places if you mention the ETH was forked you get a lot of people who attack you and try and convince you the opposite. Its a shame that so many trolls exist, but such is the way of life i suppose.

It would be amazing if they created a union and synced. Unfortunately the division has split the community and they tend to see each other as rivals rather than the fact that they share the same goals for the most part. Perhaps ETH is more developed due to the timing. Perhaps things will change.

As long as the Ethereum is supported by big community, it is fine. I do not use ETC personally.

Exactly. Now Ethereum is a giant with super big companies and projects going on under their banner. In the end the best technology prevails. Not easy though.

All of the development activity is taking place on ETH, both on the protocol and on the projects being built on top of the platform.

ETHEREUM CLASSIC - scam
ETHEREUM - best crypto currency

I'm probably exaggerating about ETC.

But not about ETH !!!!!

The most prominent thing is its price, these two coins really different, far apart.
Many projects use ethereum to  purchase their tokens, make its price has significant increases from last year.
That means people trust ethereum to become their medium of exchange.

That is not entirely true,when Vitalik lost his money in the hack he forced a hard fork without the consensius and so is the reason we have two coins and even the so called dead coin Ethereum classic had a good rally recently and having a $17 plus dollar valuation is not a bad thing for a dead coin like everyone said.  :D

I don't believe in two blockchains. So my vote is Ethereum.

ETH is best, maybe this coin will be a tough competitor BTC in the next year.

I really don't understand why you need to compare these two with each other?

Does ETC make the things ETH does? Obviously no.

What is the unique idea of ETC? Nothing.

So there is no impressive thing for ETC. Only goes with price speculation.

I think eth is superior, looks good for investment and trade. See their price action history and how many forum with eth topic, you'll know the different. But now is bad time to buy eth, the price too high so wait until next week and buy some. For me etc is second superior, with low price to buy and stable volume is good for trade. Never miss this coin to make profit. Have a nice day.

At first I was confuse about Eth and Etc but by reading this thread I am now aware of the diferrence and when it started.

I prefer Ethereum because this coin has a very good rate and has been trusted.

What i have noticed in time is that ETC is a very stable (price wise) coin and for the moment i am using ETC as a temporary storage of value.