Can ETC take on Ethereum's ecosystem after Merging
Due to the recent merge news of Ethereum, ETC( Ethereum Classic)has started to soar, rising 40% in 7 days and 17% in 24 hours. The reason for the rise is largely due to the belief that ETC can take over the hash rate power, some users and even the ecosystem of the Ethereum. The author of this article summed up the following after communicating with several ETC ecologists.
In summary: miners are the most promising force to participate in ETC ecological construction. They have capital, but no experience and ability to build blockchain ecosystem, more likely to fork their own controllable POW ETH. The ETC developers are relatively decentralized, so it is difficult to organize and coordinate all parties efficiently and actively. However, ETC is still the best place to take ETH’s hash rate power/users/community/funds, and whether the mature DApps on Ethereum ecosystem and the motivated organizers like SBF will enter is the key. It is worth keeping an eye on. Follow us If you liked this post from Wu Blockchain, why not share it? |
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