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Tag: ETC

Coinbase Announces Support for Ethereum Classic

Category: Altcoins, Ethereum, News

Coinbase Announces Support for Ethereum Classic
In significant development, Coinbase was “pleased to announce” support for Ethereum Classic (ETC) “in the coming months.” Wind in ETC’s Sails The announcements come a time when ETC continues to perform well regarding market capitalization, with the announced bound to put more wind to its sails. At press time, ETC is trading at $14.41 after gaining 21.3 percent in last…

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Ethereum Classic’s Upcoming Fork to Lower Block Time, Increase Mining Difficulty

Category: Altcoins, Commentary, News, Tech

Ethereum Classic’s Upcoming Fork to Lower Block Time, Increase Mining Difficulty
In a bid to ensure mining of proof-of-work (PoW) blockchain Ethereum Classic (ETC) remains profitable, the digital currency’s core developer team is primed to fork its code on May 29, diffusing a so-called “time-bomb” in its code. ETC to Undergo Hard Fork Come block 5,900,000 on May 29, and Ethereum Classic developers shall “hard fork” the protocol, meaning updating the…

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Ethereum Classic May Receive Update for Reviving GPU Mining

Category: Altcoins, Commentary, News

Ethereum Classic May Receive Update for Reviving GPU Mining
In the wake of the increasing resistance toward ASIC mining, Ethereum Classic (ETC) might take a bold step soon, as a developer has put forward an improved, energy-efficient mechanism that can be used for mining.   Recently, developer teams behind digital assets like siacoin and monero are taking bold steps to curtail the effectiveness of ASIC  miners. However, developer Cody…

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What Is a Hard Fork in the Crypto Economy?

Category: Altcoins, Bitcoin, Cryptocyclopedia, Ethereum, News, Tech

What Is a Hard Fork in the Crypto Economy?
Hard forks have become a major topic in the cryptocurrency space in the past six to twelve months. After Bitcoin Cash (BCH) forked from the Bitcoin blockchain in August 2017, a wave of bitcoin forks hit the community and with it came substantial controversy surrounding the legitimacy of these forks. The Types of Forks In simple terms, a hard fork…

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Cardano Review

Category: Altcoins, Cryptocyclopedia, News, Tech

Cardano Review
When analyzing any coin in the crypto ecosystem, it’s always important to first get a better understanding of the coin’s backstory and inception. So, before we can go into any detail about Cardano, its token currency ($ADA), purpose or anything, we will provide a brief overview of the founder’s background and his specific affiliation with cryptocurrency. Charles Hoskinson Currently, Charles…

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The Best Cryptocurrencies for Feb. 26, 2018 (LTC, HIRE, ZCL, ETC, ADX, PRL, and VEN)

Category: Top Coins For The Week

The Best Cryptocurrencies for Feb. 26, 2018 (LTC, HIRE, ZCL, ETC, ADX, PRL, and VEN)
To read out previous installment of ‘Top Coins for the Week,’ click here. Top cryptocurrencies for the week are a straightforward selection; we can do this by analyzing the future calendar for the upcoming week. Events that trigger significant publicity or major changes to a coin’s structure tend to increase or decrease the cryptocurrency’s value greatly. The question is which…

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Top Cryptocurrencies for the Week of Feb. 19, 2018 (LSK, VEN, ZCL, ETC, GAS, LTC, PRL)

Category: Top Coins For The Week

Top Cryptocurrencies for the Week of Feb. 19, 2018 (LSK, VEN, ZCL, ETC, GAS, LTC, PRL)
To read our previous installment of ‘Top Coins for the Week,’ click here. Top cryptocurrencies for the week can be fairly easily selected by analyzing the future calendar for the upcoming week. Events that trigger significant publicity or major changes to a coin’s structure have a tendency to greatly increase or decrease the cryptocurrency’s value. The question is which specific…

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Shares to be Issued In Ethereum Classic Investment Trust

Category: Altcoins, Finance, News

Shares to be Issued In Ethereum Classic Investment Trust
Grayscale Investments, a cryptocurrency investment firm that belongs to the Digital Currency Group has just released a statement indicating their intent to file for the creation of new shares for their Ethereum Classic Investment Trust. Grayscale Investments currently manages $1.2 billion in assets. The company has done this sort of listing before with it’s Bitcoin Investment Trust. Both the bitcoin…

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Is Ethereum Classic (ETC) a Good Investment?

Category: Cryptocyclopedia

Is Ethereum Classic (ETC) a Good Investment?
Ethereum classic has emerged as one of the most popular altcoins since its big brother ether executed a hard fork on the blockchain after the DAO hack in July 2016. During a little under a year of its existence, ethereum classic, which carries the ticker ETC, has managed to rally from under $1 to over $20 and has positioned itself…

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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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