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Which is Better - Ethereum or Ethereum Classic ?

Posted: Wed Nov 22, 2017 12:32 pm
by frici84
If i want to invest in some Cryptocurrency than which is better option Ethereum or Ethereum Classic ?

Re: Which is Better - Ethereum or Ethereum Classic ?

Posted: Fri Dec 22, 2017 2:08 pm
by Administrator
Lets Understand some basic difference using Pros and Cons of Both ....

Ethereum Classic

Pros :
  • Stays true with the philosophy of the immutability of the blockchain.
  • Has recently got the backing of a few big players
Cons :
  • Doesn’t get access to all the new updates made in the ETH chain (e.g.,. The move from POW to POS).
  • All the heavyweights of the Ethereum have moved on to ETH.
  • Considered an insult and an attack on the Ethereum community.
  • Is know to be full of scammers.
Ethereum

Pros :
  • Is growing at an exponential pace.
  • Has the majority of the original big dogs who have created Ethereum in its corner.
  • Has reversed the DAO hack and given back the stolen money to its rightful owners (the DAO token holders).
  • Is being constantly updated with the latest changes.
  • Has a higher hash-rate than ETC.
  • A powerful example of what the Ethereum community is capable of when it comes together to solve a problem.
  • ETH is backed by a powerful group of over 200 corporations called the Enterprise Ethereum Alliance (EEA) which aims to use the blockchain technology to run smart contracts at Fortune 500 companies. Members include: Microsoft, JP Morgan, Toyota, ING, etc.
Cons :

[*] Goes against the policy of immutability. [/list]