Ethereum is a classic of the substitute securities in the electronic environment, resulting in changes in work algorithm and Ethereum code. As a result of the measurement of the ETS network, it became obvious that the overwhelming number of miners directed their efforts in his direction. There are differences in this dynamics, but the hashrate is still kept at a high level.
In Ethereum Classic, no branches are expected, and this fact indicates a positive dynamics of this type of cryptocurrency. With the help of Coinbase, the token will start a new stage. This is an additional argument in favor of the nearest successful functioning of ETC. Currently, the value of ETS is just over $8, and its capitalization has almost reached $900 million. Handling is a little less than 111 million coins ETC, and their treatment during the day reached a level of 257 million dollars.
After an offshoot of the Ethereum code base occurred almost 3 years ago, a new Ethereum Classic token appeared.
In order to avoid hacking the ETC network, a technical branch was made in October 2016. This process was performed on an Ethereum virtual machine (EVM). This code branch was a complete copy of the code branches Ethereum, Eminem week ago.
As a result of numerous attempts to hack Ethereum ETS, a "Declaration of Independence“was created. It reads:" We believe in a dispersed, censorship-resistant blockchain, devoid of permits. We are confident in the present vision of Ethereum as the world's electronic computing machine, which can not be turned off by running irreversible smart contracts.”
The essence of the slogan emancipation: "The code is the Canon; not a valid transformation in the classical Ethereum code. This will lead to the destruction of the properties of the constant, substitutability or purity of the publication; operations or History of the publication is not allowed to change or not to comply with regardless of the reason.
Let's analyze the information on different sites about ETC and its cost.
If you believe the information located on the website bitinfocharts.com, the Ethereum Classic has long and thoroughly strengthened in the list of the ten most durable cryptocurrencies around the world. The ETC functionation remains the same. Based on this, we can conclude about the positive dynamics of the cost of ECT in 2020. The market situation has all the favourable conditions for this.
The operation and functioning of the Enthereum Classic are constantly being improved and expanded, and by 2020, this token will be able to achieve a previously unprecedented scale. Cooperation with other blockchains is also in the future. Naturally, this will not be able to have the most positive impact on its activities and the possibility of reaching a new level of development. ETC also has stated that they have plans conducting hybrid studies, consensus building and networking in their system. ETC will do everything possible to strengthen its position in the cryptocurrency market and take a leading position in it. The planned activities and prospects for ETC provide an opportunity to expand partnerships, and as a result, the cost increase to $78.