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Author Topic: etc hardfork  (Read 3118 times)
wwcwaii (OP)
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November 28, 2017, 05:42:32 AM
 #1

is etc going to have hard fork soon ??
elutzen
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November 28, 2017, 05:59:01 AM
 #2

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.
Navigo
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November 30, 2017, 05:27:53 PM
 #3

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.




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Imfinnabeon
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November 30, 2017, 06:10:29 PM
 #4

is etc going to have hard fork soon ??

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  Smiley

Opnsrc
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December 01, 2017, 12:27:32 PM
 #5

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.
yslyv
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December 01, 2017, 12:43:57 PM
 #6

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.

turn the page
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December 01, 2017, 12:52:15 PM
 #7

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.
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?

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December 01, 2017, 07:42:59 PM
 #8

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.
godzillarekt007
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December 01, 2017, 08:01:20 PM
 #9

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.

USScrypto
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December 01, 2017, 08:30:51 PM
 #10

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..
saidlik
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December 01, 2017, 08:34:02 PM
 #11

Interesting News somehow i trust more in etc than eth

Buyingallcoinsz
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December 01, 2017, 08:35:30 PM
 #12

Meh ETC is a scam right"??
mR.k0fka
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December 01, 2017, 08:40:30 PM
 #13

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 Cheesy
they are heading to IOT industry more than making ICO's and stuff ..
CryptoKyddie
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December 01, 2017, 08:43:36 PM
 #14

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
mR.k0fka
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December 01, 2017, 08:46:47 PM
 #15

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/
yura_878
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December 01, 2017, 08:46:58 PM
 #16

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

mR.k0fka
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December 01, 2017, 08:48:21 PM
 #17

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
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/
saidlik
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December 01, 2017, 08:49:55 PM
 #18

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

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

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December 01, 2017, 08:51:19 PM
 #19

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?

mR.k0fka
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December 01, 2017, 08:53:31 PM
 #20

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
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