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Author Topic: Ethereum classic vs Ethereum  (Read 5158 times)
a29654 (OP)
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March 30, 2017, 10:06:07 PM
 #1

What are the pros and cons of each and which do you think is superior?
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mining1
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March 31, 2017, 12:07:04 AM
 #2

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.
a29654 (OP)
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March 31, 2017, 12:57:55 AM
 #3

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
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March 31, 2017, 01:08:24 AM
 #4

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

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March 31, 2017, 01:15:51 AM
 #5

IDK about the development of ETC, but the developers, marketing, managers behind ETH development should make ETH more valuable than ETC
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March 31, 2017, 05:40:50 AM
 #6

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.
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March 31, 2017, 06:18:09 AM
 #7

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.
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March 31, 2017, 06:24:07 AM
 #8

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.
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March 31, 2017, 06:25:46 AM
 #9

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


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mining1
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March 31, 2017, 10:04:16 AM
 #10

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

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.
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March 31, 2017, 01:36:48 PM
 #11

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.



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March 31, 2017, 05:11:02 PM
 #12

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
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March 31, 2017, 06:37:49 PM
 #13

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

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 fucking retarded? You know nothing about what happened and yet you blame China.
Go back google why ETC hard forked.
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March 31, 2017, 07:49:23 PM
 #14

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.
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March 31, 2017, 08:34:25 PM
 #15

I don't see ETC ever getting same level of attention that ETH has been gaining in the last few months.
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April 01, 2017, 08:40:26 AM
 #16

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.

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  Roll Eyes
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April 01, 2017, 11:04:51 AM
 #17

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*

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April 01, 2017, 11:30:02 AM
 #18

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.
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April 01, 2017, 11:53:55 AM
 #19

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.

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April 01, 2017, 12:10:05 PM
 #20

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.
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