Rejecting todays hard fork the ethereum classic project
From Wikipedia, the free encyclopedia. Ethereum Classic The Ethereum Classic logo. From Buzzword to Watchword in ". Retrieved 22 December The Wall Street Journal Blog. Retrieved 17 February But It's a Mess". The New York Times. Ethereum 'Classic ' ". Retrieved 15 May Retrieved 8 March Proof-of-authority Proof-of-space Proof-of-stake Proof-of-work. A vote occurred and in July it was decided to implement a hard fork in the Ethereum code and to move the Ether taken in the exploit to a new smart contract through which it would be restored to the owners from whom it had been taken.
Ethereum Classic came into existence when some members of the Ethereum community rejected the hard fork on the grounds of "immutability", the principle that the blockchain cannot be changed, and decided to keep using the unforked version of Ethereum. Ethereum Classic underwent a technical hard fork to adjust the internal pricing for running various op codes on the Ethereum Virtual Machine EVM on 25 October , similar to the hard fork the ETH chain did a week earlier.
The goal was to more rationally price various compute-intensive and external reference commands to reduce the incentive for spammers who had conducted a month-long distributed denial-of-service attack on the Ethereum Classic network.
Ethereum Classic has retained some users of Ethereum and has also attracted others from the wider crypto-community who reject contentious forks on ideological grounds. The project, however, is not officially supported by the Ethereum Foundation. On June 29, the Ethereum Classic Twitter account made a public statement indicating reason to believe that the Classic Ether Wallet Website had been compromised.
From Wikipedia, the free encyclopedia. Ethereum Classic The Ethereum Classic logo. From Buzzword to Watchword in ". Retrieved 22 December The Wall Street Journal Blog. Retrieved 17 February But It's a Mess". The New York Times. Since all changes are subject to the community voting mechanism, rather than the devs will, I doubt that a change to implement PoS would receive the necessary support.
Cool, Expanse always seem to be in the list of top 5 most profitable coins to mine. I must check it out sometime Would be nice to hold a few. Also, merge mining is getting easyer all the time Burst, Unobtainium and Syscoin.
Wallets all over the show So why not? The more the better, Sia got a leg up from ethereum this week i see.
I'm still keen to keep a watchful eye on that Classic eth though. I'm like a kid in a sweet shop Exciting times! Well all this is cool and interesting. Looks like a vacation time from ethereum network and all the TH amounted there. This looks like a major issue. Reduced diif is great but what is the point if these blocks dont get distributed?
Looks like a waste of electricity from this point. I think "waste of electricity" is a perfect description of "Ethereum classic.
Not everyone is an expert and knows this, so you should refer new users to this necessity at your start page. Just want to save a limited numbers of ETH Classic for the improbable case they will become collector's value in the future.
For me it looks like not one single miner earned any ETH Classic to his account since your pool launched?! Here a clearly statement is required soon from your side.
Also, I can watch repeated "Last share submitted: That happens always seconds after a new block was found. So is your pool "swallow" submitted shares? Post edited by Termie on July I opened my pool back up.
BTW- you need to start the payouts because none of your miners are getting paid.