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Everyone expected it to die and most hash power switched over, but not all. Enough was left that the anti-fork people started calling it classic and poloniex s
by 20yrs_no_equity 10y ago
Everyone expected it to die and most hash power switched over, but not all. Enough was left that the anti-fork people started calling it classic and poloniex started trading it, probably to let people who now had ETC liquidate. But the trading wasn't a straight line to zero as most expected, the "movement" became s but real and now it is still a very large crypto currency by market cap - and hash rate- despite being the "loser".
Given how dynamic Ethereum is code wise there may well be a market for an Ethereum alternative for ETC to fill. Lisk and Expanse seem to indicate this is possible.
- erikpukinskis 10y agoIt'll be interesting to see if, in the event of (inevitable?) future forks to Ethereum, if this branch becomes a long-running "just leave it as it is and let the market sort it out" experiment.