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Let's discuss Ethereum, it's drop in price and whether it's a fat or thin protocol. We're also going to discuss why Christmas lights are as "dangerous" as Bitcoin and Bitmain Lawsuit!
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In this video, IOHK CEO Charles Hoskinson delivered his closing keynote at the Ethereum Classic Summit.
The purpose of IOHK's presence at the summit is to demo the progress the team has made, the lessons we've learnt with Mantis, to have discussions with the community, and conversations on other potential collaborations.
Ethereum Classic remains a nascent but exciting technology that can enhance the ways that information and value are shared in a digital economy. Featuring a flexible and intuitive smart contract programming platform that is powered by ETC, Ethereum Classic can propel the development of a global, secure, and decentralized Internet of Things.
Why Ethereum Classic?
Ethereum Classic (ETC) is a continuation of the original Ethereum blockchain – the classic version preserving untampered history; free from external interference and subjective tampering of transactions.
ETC is a next generation digital currency united with an intuitive programming platform. This allows software developers of all skill sets to build the next wave of market disrupting decentralized applications (Dapps) that can change the world.
According to main stream media, there's little positive news in crypto world. In fact, it almost looks as if cryptocurrencies are dying. Here's my take on it.
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With Ethereum Classic (ETC) being thrust into the spotlight recent because of its surprise listing on Coinbase, let’s take a closer look at Ethereum Classics pros and cons (advantages and disadvantages) and how it compares to ETH (Ethereum). If you watch this Real Talk video, you’ll learn a quick history of Ethereum Classic, who’s involved, their future plans, and my personal thoughts on this project.
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In the summer of 2016, the Ethereum cryptocurrency community, led by its creator, Vitalik Buterin, went through a hardfork to eliminate the consequences of hacking the DAO smart contract. But not everyone supported this idea, and a small part of users continued to use the original blockchain, calling their project Ethereum Classic.
No one could have thought that Ethereum Classic would survive as an independent project, and today it is proclaimed to be the real killer of Buterin’s Ethereum.
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3 minute explanation of Ethereum by inventor Vitalik Buterin.
Ethereum is a platform that makes it possible for any developer to write and distribute next-generation decentralized applications.
Borrowing the concept of distributed consensus and cryptographic proof that makes cryptocurrencies such as Bitcoin so effective in trustless payments, Ethereum extends the use of these technologies to trustless agreements. This allows developers to easily build innovative new products on a censorship and collusion-resistant foundation.
Ethereum will go live in Q4 2014, in the meantime we are regularly releasing alpha software so you can try your hand at building distributed applications.
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The DAO attack was the main reason why ethereum split into two. Unlike bitcoin and bitcoin cash that were split by the hard fork, but the old blockchain remained the bitcoin. In ethereum situation the apposite happened. Ethereal become a newer chain while ethereal classic was renamed for the older chain.
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