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Ethereum classic – read

article with Sidechain to new identity can be:

Ethereum classic grows up: with Sidechain, improved interoperability with other Blockchains and a light client for IoT applications that would like to by Finally, a separate identity Ethereum win Kryptowährung spun-off. A brief look at the roadmap of from Ethereum classic.

Before the hard-fork-Mania Bitcoins already Ethereum could present such: In the course of the DAO exploits was debated passionately, whether a Blockchain may or may not be changed after dramatic events. In the case of Ethereum chose change of the Blockchain for a State, so that the DAO exploit that several million euro cost the investors behind the DAO as a whole, was undone.

For investors, this meant that they could dissipate their money back from the DAO and so the thing for them a had Happy ending . Since then the immutability of the Ethereum Blockchain temporarily was lifted, this option in the case of parity bugs is discussed.

But not everybody was happy with the strategy. The immutability was them the Blockchain so important that they separated from the Ethereum network – Ethereum classic was born . The great raison d ‘ être has long been the preservation of the Immutabiliät. Although indeed something regarding the issuance of tokens ETC, which are now no longer unlimited produced but similar to that in the case of Bitcoin limited did himself. Otherwise Ethereum has been checked off but classic as “Ethereum without immutability as of 2016”.

The development team behind Ethereum classic, also known as the ETCDEV team has grown in the year 2017 to 8 full-time developers and achieved several milestones: in addition to Emerald, the desktop wallet of the Kryptowährung, especially an hard fork was the dehydration Difficulty bomb, a relic of the Ethereum log, realized.

Still was a new Ethereum (classic) virtual machine written, which is currently tested and optional EVM for processing the smart can be used as contracts. The entire list can be of the Web site from Ethereum classic. Already 2017 the naughty stepson from Ethereum has emancipated himself so little.

Goals for 2018: Sidechain, IPFS, Dapp SDK

2018 and onwards to Ethereum classic much makes. In this year alone, planning to support Sidechain, something similar as with Lisk something can relieve the main chain. The interplanetary file system should be supported and a standard development kit for developers of distributed applications is to be published. The entire roadmap can be found on the website of Ethereum classic .

The development team is committed to interesting places to visit. It will be interesting to track whether these objectives are actually achieved. At the latest if that is the case, the Kryptowährung should think however about a rebranding, so not always to be considered “something with Ethereum”.


about Dr. Philipp Giese

 Dr. Philipp Giese works as an analyst for BTC-ECHO Dr. Philipp Giese and is specialized in the areas of chart analysis and technology. Also he actively engaged in the crypto community – online as a central point of contact in the slack BTC-ECHO channel, as well as offline as a speaker and interviewer he always maintains the Exchange with startups, developers and visionaries. The PhD physicist can draw on many years of experience as a project manager and technology consultant. Philipp delights here not only for the technological dimension of Kryptowährungen, but also for the underlying socio-economic vision for many years.

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