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Search Results for: ethereum classic

Grayscale Investments Plans To Launch Private Ethereum Classic Fund

Category: Altcoins, Finance, News

Grayscale Investments Plans To Launch Private Ethereum Classic Fund

Grayscale Investments LLC, a Digital Currency Group investment subsidiary owned by Barry Silbert, announced that it is planning to launch a private fund that will give investors exposure to ethereum classic. The cryptocurrency ether classic (ETC) was sprung out of the aftermath of the Ethereum DAO hack in June 2016, when around $50 millions worth of ether (ETH) was stolen....

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Ethereum Classic Integrates Deflationary Monetary Policy

Category: Altcoins, Ethereum, News

Ethereum Classic Integrates Deflationary Monetary Policy

Ethereum Classic (ETC), the spinoff project of the original Ethereum network created in response to the decision to bailout investors of the DAO, is fully detaching itself from the traditional Ethereum model, starting with the elimination of the original monetary policy, with the idea first floated in late 2016. The Ethereum network produces nearly 13 million new ether annually, without...

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Ethereum Classic Considers Bitcoin-esque Monetary Policy

Category: Altcoins, Bitcoin, Ethereum, News

Ethereum Classic Considers Bitcoin-esque Monetary Policy

A recent proposal by Matthew Mazur for the Ethereum Classic network, ECIP 1017, looks to adjust the monetary policy to make it more like Bitcoin’s, introducing a finite supply and a reduction in the block reward over time. On December 13, the ECIP 1017 proposal was presented, along with a discussion on Monetary Policy in the cryptocurrency space at the...

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The Next Steps: Ethereum Classic Charts a Course for the Future

Category: Commentary, Ethereum, News

The Next Steps: Ethereum Classic Charts a Course for the Future

It has been two months since Ethereum Classic (ETC) struck out on its own. But what started out as a protest on some Russian language forums against the Ethereum hard fork appears to be gaining traction. ETC now has a growing community of developers and followers who steadfastly believe in the immutability of blockchains. The problem is ETC still has...

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Ethereum Classic Lays Out Roadmap

Category: Ethereum, News

Ethereum Classic Lays Out Roadmap

It has been just over a month since Ethereum Classic was brought into existence and supporters of this chain of Ethereum recently presented a roadmap for the next couple of years at the first Ethereum Classic (ETC) meetup in London, presented by Dr. Avtar Sehra. The splitting of the Ethereum blockchain arose s a result of a difference in values....

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Colony Announces Support for Ethereum over Ethereum Classic

Category: Ethereum, News

Colony Announces Support for Ethereum over Ethereum Classic

Jack Du Rose, co-founder of Colony, released a blog post today, announcing their preference for Ethereum over Ethereum Classic. Colony is a platform that enables individuals to build companies and organisations online, allowing collaboration with experts across the globe. After the controversial decision to hard fork Ethereum into “Ethereum” and “Ethereum Classic”, known as ETH and ETC respectively, it has...

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The Rise of Ethereum Classic: BTC Manager's Week in Review for July 31

Category: News Digest

The Rise of Ethereum Classic: BTC Manager's Week in Review for July 31

The rise of Ethereum classic, the chain of Ethereum's blockchain that did not hard-fork to reverse the DAO hack, has dominated stories this week with the price and hash rate climbing swiftly. Ethereum Classic, or ETC, is now the sixth largest cryptocurrency in terms of market capitalization. This week's stories look at the rise of Ethereum Classic, whether Ether remains...

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Ethereum Classic and LISK Surge on Continuing Chasm in Ethereum’s Blockchain

Category: Altcoins, Ethereum, News, Price Analysis

Ethereum Classic and LISK Surge on Continuing Chasm in Ethereum’s Blockchain

ETH-USD was cut short of our target at $16 with the market only managing to establish a fresh high above $15. Since then, volatility has increased markedly as the philosophical rift between Ethereum Classic and Ethereum continues to play out in the market. Exchanges have started to list the alternative Ethereum blockchain that did not reverse the DAO hack under...

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Ethereum's Hard Fork Drags Classic Along with it

Category: Ethereum, News, Tech

Ethereum's Hard Fork Drags Classic Along with it

So, it looks like Ethereum is about to undergo a two-staged hard fork. But unlike the network’s earlier hard fork, meant to head off the DAO hacker, this time the fork is to secure the network. Since late September, the Ethereum network has been hit by a number of denial-of-service (DoS) attacks. Although the attacks haven’t caused any consensus problems,...

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Ether Classic Shifts as Bitcoin Outshines Gold: BTCManager's Week in Review March 6

Category: News, News Digest

Ether Classic Shifts as Bitcoin Outshines Gold: BTCManager's Week in Review March 6

As bitcoin continues to make fresh highs and the unit price exceeds that of gold, Ethereum Classic looks to implement a change that will fix the supply, moving away from the inflationary Ethereum model, announced March 1. Software clients are scheduled for Summer 2017 and if accepted by the community, the block reward decline is due to start December 2017....

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