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Author Topic: Only ETC is the real Ethereum  (Read 7998 times)
From Above (OP)
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July 26, 2016, 11:29:43 AM
 #1

Well I dont even get the discussions

Why the fork did they rename the REAL ETHEREUM to ETC?

The new forked Ethereum is not ETH.
Its bad, its not cryptocurrency, its completely arbitrary and saucy.

Whoever decided to rename the real Ethereum to ETC made a very flawed decision right there.

~CfA~

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July 26, 2016, 11:31:03 AM
 #2

ETC is the old ETH.


ETH is the fork.


Correct.

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July 26, 2016, 11:32:57 AM
 #3

ETC is the old ETH.

That's right, the real Ethereum was renamed to ETC

a new noob fork was made and now they call it ETH although of course it is not the real ETH and just some forked shite

So this is confusing and will suck some noobs into buying the fake false fork pseudo-Ethereum

This is bad

~CfA~

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July 26, 2016, 11:41:32 AM
 #4

Bitcoin got forked too  Wink

Now, which chain survived? Forked one or old one?

Whoever answers right, keeps coins that wont devalue.
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July 26, 2016, 11:45:22 AM
 #5

No worries, "ETH" will soon cease to exist, then the real Ethereum will claim both names

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July 26, 2016, 11:53:41 AM
 #6

Bitcoin got forked too  Wink

Now, which chain survived? Forked one or old one?

Whoever answers right, keeps coins that wont devalue.

You don't seem to understand the reasons behind either of the forks. Bitcoin had a legitimate reason for the hard fork in the past, protocol security. Ethereum hard fork was to bail out idiots who invested in a bugged smart contract.
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July 26, 2016, 12:09:49 PM
 #7

No worries, "ETH" will soon cease to exist, then the real Ethereum will claim both names

I have a question. If the support on Ethereum fork goes down and the miners start going back to the original Ehtereum classic, what now will the position of the Ethereum foundation be? Will they still be the ones deciding on what the road map of the platform is? Will the community still listen to them?

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July 26, 2016, 12:13:43 PM
 #8

i'd guess in those circumstances people would be choosing etc as a rejection of the foundation's principles, or lack of them. but i don't think it's gonna be that easy. that's where the brains are and they've got a mountain of free etc too.
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July 26, 2016, 12:18:33 PM
 #9

i'd guess in those circumstances people would be choosing etc as a rejection of the foundation's principles, or lack of them. but i don't think it's gonna be that easy. that's where the brains are and they've got a mountain of free etc too.

Only if they had ETH stored at Poloniex before the hard fork right? Unless I am mistaken.

I don't think the foundation store all their ETH in an exchange.

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July 26, 2016, 12:24:09 PM
 #10


Only if they had ETH stored at Poloniex before the hard fork right? Unless I am mistaken.


not to my knowledge. anyone who controls an eth address wherever it is has exactly the same in etc waiting for them. the exchanges own their eth addresses and distributed the etc back to individuals based on how much they have on the exchange spreadsheet.
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August 04, 2016, 11:28:41 PM
 #11

Hey hey hey --- hold on. My head.

Can we just get clearness to following points? And if you dont hit one point with a yes, please write back your proof. If you are deeper in scroll down to the next headline.

1) The blockchain is 100% not hackable, cheatable or crackable (come on, not the 50,1% server shi....ne)
2) The blockchain is a kind of cloud-database (if you try to explain someone crypto - try this)
3) ETH not itsself, but some code around, can sometimes be hacked (wallets, exchanges, miner software --- whatever is dealing with the blockchain)
4) ETH is a smart idea and I still believe in Vitalik Buterin. He had two choices. Fix the bug and thats it; 25% of ALL ETH would belong to a hacker (or a group of). Or fix the bug and undo some past action.

---- now my pov ----

IS ETH OR ETC REAL?
ETH is ETH. If I would copy the blockchain of bitcoin and I would call it copycoin it is CYC and not BTC Smiley

Some decided not run the ETH way, copied the eth blockchain (database) and call it ETC.
BECAUSE VITAK IS BREAKING THE GOLDEN RULE - THE MAIN RULE OF CRYPTO! DONT MANIPULATE IT! (they think)
But the manipulation of the hacker and leak was so big, it was necessary to react in this case.

And why the btc chart is always getting down while the head team is meeting up? Every crypto is changeable and the people are always shocked again and again.
Because all are afraid of changes which are not good for --- miners, investors or whatever btc-business --- that is the reason why btc chart is falling down at the second a hidden meeting is started and running Wink


They even could startet an own new blockchain with 0 - but in this case nobody would care. ETC: Hey, we are the copy of ETH and advertising is free over news Cheesy


If you have an "old" local ETH wallet which is not hit in the chain. And you get the new ETC with the same wallet dat, you should earn twice Cheesy

Do it before ETC is dead. Change your ETC to ETH/LTC/BTC.

AND WHO IS INTERESTED TO HAVE ETC?
Well. I have 25% of an idea Wink
... and ofc those who invested in those weeks.
But those are the brave sheeps to get maybe some dollar back and again the hacker will have most winnings.
Some who will exchange from crypto or fiat to ETC will be the looser at the end.
I dont trust in ETC for now, because I dont know who the people behind are.



As long term it was the right way. For now it is hard. But that is the business of crypto.
Go search some gold in the river Wink --- OH ITS FUNKY --- ITS GOLD! .... cat gold  Roll Eyes Grin

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August 05, 2016, 12:14:15 AM
 #12

In my opinion, ETC may be the original Ethereum but I wonder if the team behind it will be able to maintain it for the long term with development and innovations. Until now, ETC has been very profitable to me due to the fact that it has allowed me to sell my previous ETH (before the hard fork) for free BTC. Still, ETH has a bigger hashrate and its network is much stronger so I will stay with the chain that stays the strongest. Only time will tell what will happen to both chains and which will survive in the long term.

Just in case, I have some ETH and ETC saved for the unexpected.  Grin

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August 05, 2016, 01:23:42 AM
 #13

OP. That is because Vitalik and the founders thought that no one would continue mining and holding the prefork ETH. So they forked it and still used the name "Ethereum" because they want their chain to be the official one. It did not go as they wanted it. The original chain still was supported and was renamed the original Ethereum classic.

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August 05, 2016, 01:26:13 AM
 #14

ETHEREUM (ETC) proved far more unstoppable than VB and ETH devs actually believed themselves

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August 05, 2016, 02:00:12 AM
 #15

ETC is ETC. I have doubled my profit thru it. We're never going back to eth this time. I use to support it but not this time.
vitalik once withdraw 25% of his ETH and he may do it again later. 









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August 05, 2016, 04:11:23 AM
 #16

ETC is ETC. I have doubled my profit thru it. We're never going back to eth this time. I use to support it but not this time.
vitalik once withdraw 25% of his ETH and he may do it again later. 

exactly this. us traders don't really care about anything else other than the profit we can get from these type of coins which are only pump and dump. and right now ETC is the coin to be pumped.

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August 05, 2016, 04:43:09 AM
 #17

ETC is ETC. I have doubled my profit thru it. We're never going back to eth this time. I use to support it but not this time.
vitalik once withdraw 25% of his ETH and he may do it again later. 

exactly this. us traders don't really care about anything else other than the profit we can get from these type of coins which are only pump and dump. and right now ETC is the coin to be pumped.

personally, i don't care about anything will happen with ETC and ETH, as long as i can get profit with both coins, i will buy it and trading it. but if one coins, ETC or ETH, should be sacrifice to supports the one, then i will get more profit with the one coins. just waiting in time when one coin will get down below.

and i really agree with you guys, we should take profit from these both coins as long as we can.

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August 05, 2016, 04:59:54 AM
 #18

ETC is ETC. I have doubled my profit thru it. We're never going back to eth this time. I use to support it but not this time.
vitalik once withdraw 25% of his ETH and he may do it again later. 

exactly this. us traders don't really care about anything else other than the profit we can get from these type of coins which are only pump and dump. and right now ETC is the coin to be pumped.

personally, i don't care about anything will happen with ETC and ETH, as long as i can get profit with both coins, i will buy it and trading it. but if one coins, ETC or ETH, should be sacrifice to supports the one, then i will get more profit with the one coins. just waiting in time when one coin will get down below.

and i really agree with you guys, we should take profit from these both coins as long as we can.

There are even "supporters" of the forked chain that declared that the fork will be good because in their minds it will maintain the value of their coins. They are wrong and surely there are some of those "supporters" that have sold and already made a nice profit. Now some of those "supporters" will declare that the real Ethereum is the original chain and they will support that vigorously. But when they see that they will lose money they will dump again and declare that it is a scam. Cheesy We have seen this happen many times. Some of them have even lost a lot of money and are in debt that they are already always spreading FUD for all coins all the time.

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BitcoinHodler
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August 05, 2016, 05:07:03 AM
 #19

Bitcoin got forked too  Wink
Now, which chain survived? Forked one or old one?
Whoever answers right, keeps coins that wont devalue.

stop comparing bitcoin and ethereum. you have no idea what you are talking about. bitcoin never had any "hard" forks and even that one time big fork is considered a "soft" fork and we moved forward with complete consensus aka 90%+ of bitcoin network accepted the change!

ethereum fork on the other hand happened without consensus and now everything is a mess.

Holding Bitcoin More Every Day
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August 05, 2016, 05:47:58 AM
 #20

Immutability in a blockchain is there if the majority allows it. The majority voted for the hard fork to undo the catastrophe that the DAO became. Since the majority voted, ETH is the updated Ethereum chain. ETC is more of an eth-altcoin. Immutability was never broken because it was majority decision.

puh-lorph
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