Chikito
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Activity: 2604
Merit: 2090
Top-tier crypto casino and sportsbook
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May 01, 2017, 04:19:44 AM |
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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.
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.
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AlphaSun
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May 13, 2017, 08:50:29 AM |
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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.
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.
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Agrello
Full Member
Offline
Activity: 189
Merit: 100
Legally-Binding Smart Contracts for all
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May 16, 2017, 02:27:50 PM |
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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/
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nemgun
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May 17, 2017, 12:59:49 PM |
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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.
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Agrello
Full Member
Offline
Activity: 189
Merit: 100
Legally-Binding Smart Contracts for all
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May 17, 2017, 01:31:15 PM |
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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.
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AlphaSun
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May 24, 2017, 06:52:48 AM |
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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.
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NathanJB
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June 06, 2017, 05:03:17 PM |
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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.
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hoian0809
Legendary
Offline
Activity: 1020
Merit: 1000
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June 06, 2017, 05:50:17 PM |
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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.
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ppc.pt
Member
Offline
Activity: 84
Merit: 10
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June 06, 2017, 06:21:26 PM |
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ETHEREUM CLASSIC - scam ETHEREUM - best crypto currency
I'm probably exaggerating about ETC.
But not about ETH !!!!!
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Rahar02
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June 06, 2017, 06:30:01 PM |
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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. 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.
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Harry Callahan
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June 06, 2017, 08:27:42 PM |
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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.
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.
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boy130
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June 07, 2017, 12:00:12 AM |
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I don't believe in two blockchains. So my vote is Ethereum.
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zxl912157
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June 07, 2017, 12:19:28 AM |
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What are the pros and cons of each and which do you think is superior?
ETH is best, maybe this coin will be a tough competitor BTC in the next year.
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Celebrity
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June 07, 2017, 12:38:58 AM |
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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.
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nicolas1979
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June 07, 2017, 09:53:10 AM |
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What are the pros and cons of each and which do you think is superior?
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.
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ehrz22
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June 07, 2017, 11:37:34 AM |
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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.
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Nanda Dewi277
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June 07, 2017, 02:50:00 PM |
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I prefer Ethereum because this coin has a very good rate and has been trusted.
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ciripel1289
Newbie
Offline
Activity: 50
Merit: 0
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June 07, 2017, 03:02:12 PM |
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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.
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.
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