Bitcoin Forum

is etc going to have hard fork soon ??

Gpu miners don't have as much loyalty as asic miners. It is much easier for gpu miners to just switch to another pool. I do not see there being a successful hard fork for that reason.

As far as i know, there will not be a softfork or hardfork in near future. I think all this hardfork discussion is getting out of control. We will soon see hardforks after hardforks on single chains. Where are we heading? Split ETC, and do it again and again...? The market will soon start considering fork coins as scams.

As far as I understand it ETC is going to have an upgrade to their monetary policy but by no means is this a hard fork. It is an upgrade called ECIP1017. I will post an excerpt directly from their website basically it reduces rewards for blocks.

What is ECIP 1017?

The Ethereum Classic community has grown substantially since its inception in July of 2016. In order to further Ethereum Classic’s vision, the community needs to adopt a monetary policy that balances the long-term interests of investors, developers, and business operators.

The new monetary policy sets a limit for the total ETC issuance. The block reward will be reduced by 20% at block number 5,000,000, and another 20% every 5,000,000 blocks thereafter. Uncle block rewards will also be reduced. Due to variations in the reward rate of ETC, we anticipate the total supply to be approximately 210 million ETC, not to exceed 230 million ETC.

Should be good for ETC moving forward  :)

Yes it was already announced that there will be an Ethereum Classic fork in December. I believe that the coin will grow well in price by this time.
But holders will not receive new coins. It is just security fork.

ETC is already a fork. But yeah there will be a fork that is already announced officially by etc crew. It will be around 12th december. I hope the price will raise hard after hardfork. Because etc has so many investors waiting for a nice jump.

That is a good point that you have made there. I was just going to get my first rig and get into mining of etherium classic. Any advise if its still safe to go ahead with this idea or I should consider buying etc and holding it vs mining it?

es you are right. Ethereum Classic will have its hardfork this December. The upcoming event will sure affect the price of this altcoin. It will start growing. So it is the time to buy it! This is my opinion.

Dude no it is not a hardfork people gotta stop saying this. It is a change in policy which is upgrading how they function with blocks. A hardfork implies that I would get more coins of something called Ethereum Classic Classic or Ethereum Classic Plus. No new coin is going to be made on Dec 12th I am like 99% sure of this. If you have proof otherwise please post it here that would be enlightening to me, thank ya.

Yes, it's true ETC will have fork with 12 december and ETC is going to stop mining new etc coins so I think this going to make higher price than now in next days..

Interesting News somehow i trust more in etc than eth

Meh ETC is a scam right"??

checkout the etcsummit https://etcsummit.com/resources/ or in youtube write etcsummit 2017
etcsummit had 2 days of presentations of etc developers and marketing

they will release their virtual machine and their 2 official wallets soon

91pool purchased a building in shanghai to serve ETC on their needs

if you still think that etc is a scam after that, its your problem :D
they are heading to IOT industry more than making ICO's and stuff ..

More hard forks? I cant keep up with them all. Seems like everyday is a hard fork day. 99% of these forks prove to be scams and or pump and dumps. I will keep my eyes on this thread

its not a hard fork, just changing the code of the existing one
This December Ethereum Classic will switch to a new monetary policy, which comes under ECIP-1017.

https://www.etcdevteam.com/blog/articles/testing-ecip1017.html

here fast explanation
http://ecip1017.com/

You see, probably now has gone the trend for the creation of forks, and now everyone has gone this way

they are not creating a new coin, just changing the code of the existing one  http://ecip1017.com/

It is not hardfork just very important update which is going to increase the price od etc  :) :)

So does this mean that the price will go up more than it already has?
Should I switch my eth and some btc to them?

the price of ETC will go up anyway because they are doing great job lately and finishing their wallets , virtual machine and making interesting projects...

but people say that it will affect the coin positively
http://ecip1017.com/ its the new era... not hardfork

Well... the reason I`m asking is because I missed out on it once... when it was below 10$, I almost got some then and at the last minute decided not to. Very smart of me, right?  ;D

it happens to all of us :D this project went under my radar for a long time

when you believe in a project like this you can still buy and hold some... it has big interest now around the world

I don't think the future is that bright for this project, they are not seen as the main competitor to Ethereum again because we now have so many good projects in the space and have better vision of how to get adoption, no one is using the platform for ICO

The platform is not even fully operating yet.. thats why there are not project and/or ICO's...

The forcings of the Ethereum Classic do not make any sense to me. Because Ethereum Classic is expected to increase its price for a very long time, but it will not provide fork.

I hold etc quite some time ago. I bought for $ 9, and I'll keep it until the hardcore. I think these changes will benefit the coin and it will continue its growth.

ETC very manipulable. Any rumors can p/d his price. I wait when ETC not will see on Eth. And can live yourself. I'd like ETC concept of immutability and hope future hard fork is first step to independence.

thats the idea of the "hardfork":

A New Era is Coming! $ETC Monetary Policy - Only 8 Days Away! - http://ECIP1017.com    No Disruptive "Halvings" + Sustainable Token Emission + Monetization via Scarcity = Optimal Total Investment #ETCInvest #ETCisComing - Check the Clock⏱️ http://ECIP1017.com

i dont even think that we can technically call it a hardfork

Hi
what is ETC official wallet that support the fork, pleas?
is jaxx good for that ?
many thanks

hello
i am still asking if it will be a hardfork or soft for ETC these days as stipuled initially
thank you

Ethereum Classic has a theoretically unlimited number of tokens, of which about 13 million are created every year. However, this should change in December, as Ethereum Classic implements a new policy of limiting the supply of tokens. The goal is to make the asset more valuable

software under the name Metropolis. Accordingly, the upgrade has now been split into two parts named Byzantium and Constantinople.Byzantium. This upgrade includes fixing various scalability issues: the problem of difficulty adjustments ‘returndata’ operations‘ static call’ operations new precompiles a difficulty delay feature These are small tech things which won’t be obvious to non-developers. To be more exact, it will solve smart contract issues like re-entrance attack (when untrusted code enters a contract to manipulate it), return data in receipts will make it possible for light clients to determine if a transaction was successful or not with no need of actually executing the transaction in a virtual machine.

The main aspect of the upgrade is a reduction in Ethereum issuance to miners through block mining rewards from the current 5 ETH to 3 ETH. As well it will delay the increase in mining difficulty which was placed there for the Proof of Stake (PoS) upgrade. PoS is delayed, so to keep issuance around the same level as it should have been.

what is the best wallet to store etc for a year please?

thanks,
Mego

Have to withdraw ETc to some waalet, or is ok on exhange?
we will get ECIP-1017?

I’m wondering the same thing.  Is Bittrex going to support the new version?  Couldn’t find any info.

Yes, I know it. I have been waiting for ETC hardfork and bought already more ETC . Definitely, this cryptocurrency will gain very soon, and I wish to get as much profit as I can.

I wonder if etc will ever catch up on ethereum! I think all fork coin are damn! We really don't know the best case uses of all these fork coin except that they are rebelling and working hard to bring down the coin that they fork out from!

Why the platform is still not operating yet? ETH fork of ETC, same developing time... and... ETH has a working platform with plenty ICO's.

I can not understand why is taking sooooo long for ETC to have a usable platform..

Please, can anyone, explain the reasons...

Ethereum Clasic is dead to me. All these altcoins make huge progress while ETC stands there and does nothing, it barely brings any profits.

Somebody knows in wich wallet i will recive calisto? :)

The famous e-Chat project conduct voting - to be Ethereum fork or not to be. Now the majority of users vote for fork. Maybe, it will be the biggest Ether fork ever

Anybody knows when the fork/airdrop of ethereum classic will be? And how to do, just keep them in a wallet?
I anyway hold some etc, so i would like to get some of that free coins too

ETC is already a fork. But yeah there will be a fork that is already announced officially by etc crew. It will be around 12th december. I hope the price will raise hard after hardfork. Because etc has so many investors waiting for a nice jump.
 :)

the ETC/calisto fork is around 5 Mars

thanks
Mego

So in about one month, thank you for the information
Then i will wait for more official announcement from the team
And that etc already is a fork should make sense for everybody if you just look at the name  ;D

I have found already the information about this fork of Ethereum Classic. It is going to happen in a month, on March, 5. Please, read more about it:
http://2coin.info/ethereum-classic-etc-callisto-hard-fork-on-5th-march/

I'm skeptical but eager for a change.

It dropped down to 0,0037 but it seems like it found its base there, unfortunately the rise of NXT will not be seen but within the current state of market; ETC rises when non-faller token is deemed as blessing. But I don’t trust in ETC, it reaches to a certain point and then there is no rise and no fall, there are only small rises and falls, of course, if BTC does not drop down spontaneously.