ETC

epic_trader

>Jesus man, you can't accept it. The post-ETH DAO fork is a DIFFERENT BLOCKCHAIN than ETC and has DIFFERENT CONSENSUS RULES from ETC I can accept anything that is based on fact and can be verified, but none of your claims are true, you don't seem to know what you're talking about, and this very point you're making now doesn't relate to whether there was a rollback. >(I concur it is a bit esoteric how that fork was accomplished) I bet it would seem that way if you don't understand how this works, yes. >ETC has the most cumulative proof of work for any smart contract platform, look it up on wiki or whatever You're wrong and I don't have to look it up on a wiki or whatever, I've literally provided you with proof in the reply above. If you were a smarter and more honest person, you would look at the links, accept that I'm correct, take the L and move on. But I don't think you have the feintest idea what you're talking about, and you're probably incapable of actually verifying this for yourself, so I'm going to take your hand and explain exactly how you can use these links to prove which chain has more cumulative work and which chain is the *canonical* chain. The links above are from 2 blockchain explorers, one showing Ethereum blocks and one showing ETC blocks after the DAO fork which happened at block 1920000. Up until block 1920000 the 2 chains are identical because well, they didn't split. The amount of PoW is identical and that's why in block 1920000 for both blockchains, the "difficulty" and "total difficulty" are identical. In order to find the difficulty level on the ETC blockchain explorer, you have to click on "View details". "Difficulty" represents how much hash power mined the last block and is adjusted after every single block to make sure the next block is found after an average of 15 seconds. With more hashpower the difficulty goes up, with less hashpower it drops. "Total difficulty" is simply the combined difficulty number from every previous block. Because both chains share a history, it's trivial to prove which chain has the most cumulative proof of work because the "total difficulty" number is going to reflect exactly that. Immediately following the chain split, the chain where the most miners went will have the high total difficulty number. So figuring out who is correct in this discussion and which chain is the "original" according to your own definition, boils down to recognizing which of these 2 numbers are bigger. The higher number = more cumulative PoW. 39,495,109,617,178,927,573 - ETC total difficulty at block 1920100 39,497,170,367,613,719,972 - Ethereum total difficulty at block 1920100 Can you tell which of these 2 numbers is bigger or do I have to explain it to you?

OzGaymer

And so Ethereum’s huge majority consensus for the fork as the main chain and ETC being the fake minority consensus is also the same then. lol can’t pick and choose when it applies.

YogurtCloset3335

Jesus man, you can't accept it. The post-ETH DAO fork is a DIFFERENT BLOCKCHAIN than ETC and has DIFFERENT CONSENSUS RULES from ETC (I concur it is a bit esoteric how that fork was accomplished). If you use your brain cell a little more, you'll figure out that ETC WOULDN'T EXIST if the ETH chain without the DAO hack transactions had more proof of work. ETC has the most cumulative proof of work for any smart contract platform, look it up on wiki or whatever. Reason is most smart contract platforms are just L2s for ETH or premined shitcoins.

OzGaymer

It isn’t. ETC themselves have rolled back and forked multiple times to save themselves from catastrophe and 51% attacks. And ETH is literally still tied to the genesis block through the chain. You can’t claim that it’s no longer original unless they literally stopped keeping records from genesis. There’s a fork sure, but which chain is the “main continuity” between forks is determined by majority. ETC continuity ended multiple times across different forks and it’s a minority split from the main ethereum chain.

jekpopulous2

ETC, BSV, BTG, XVG, LCC, VTC, HANA, FTC, & ZenCash have all been successful 51% attacked. What do they all have in common? They’re all proof of work chains with low hashrate. This is precisely why no new chains use POW. No POS chain (that I know of) has ever been 51% attacked but for a lot of these smaller POW chains all it takes is for a giant mining pool to flip a switch and take it over. Qubic isn’t even that powerful…. Foundry, AntPool, & F2Pool all have enough hashing power to 51% attack Monero tomorrow if they wanted to… they just don’t do it for obvious reasons.

Objective_Digit

Them going to gave it a "future". ETC was doomed because of that despite sticking to the principles of unstoppable applications.

Kike328

you admitted it by yourself, Bitcoin is supposed to have 21 million coins, but the implementation fucked it up and programmed it incorrectly. So your “not true” is just cope. The dao was supposedly to safely hold the value of the investors but instead was programmed incorrectly and the majority decided to fix the bug. If you’re against it then, just use ETC, but most people back then and nowadays approves the change, literally why consensus exists

El_Flaco_666

It might seem ridiculous, but take a look at LTC on a monthly chart. Then draw trend lines on both the lows and the highs for the past 2 cycles. Yes, it's a dino coin. Yes, it's not a high-adoption token like Solana. Yes, the price action this cycle is boring AF. But it does have a large whale community, and historically they pump it every cycle. I won't be a bit surprised if it reaches its ATH ($420), provided that BTC.d does eventually drop to 50% or below. Personally, that's my low-risk safe-bet bag. Remember, there were a bunch of ancient coins that nobody thought would pump, but did (ETC, BCH, XVG, SC, and a few others). Probably want you're looking for; a more reliable chance at a return than BUTTCOIN or whatever.

epic_trader

Doesn't matter how many voted in an unofficial carbon vote. If you want to see how people actually voted, look at how many people continued to mine and use ETC vs how many continued to use and mine Ethereum, that's the actual vote and where you find the social consensus.

epic_trader

> The ETH chain with the DAO hack transactions had more cumulative proof of work behind it. You're lying bro. The DAO fork happened at 1920000. Look at the difficulty on both chains https://etc.blockscout.com/block/1920000 https://etherscan.io/block/1920000 https://etc.blockscout.com/block/1920010 https://etherscan.io/block/1920010 https://etc.blockscout.com/block/1920100 https://etherscan.io/block/1920100 If ETC had more miners or more cumulative work, why is the difficulty going up faster on Ethereum?

YogurtCloset3335

> >Then why the fuck would you bring it up and call ETC the "original"? I highlighted it for you, read it again. Is ETC mined still? Yes. So I fear it's you who is confused. > which chain had more cumulative proof of work behind it, ETC or ETH? The ETH chain with the DAO hack transactions had more cumulative proof of work behind it. Which then became the ETC chain when ETH was rolled back to reverse the DAO hack, violating the consensus rules on the longest chain. Thus ETC is the original ETH blockchain. Whatever hard forks happened in ETH before then are irrelevant because the old forks don't exist anymore. A block is only orphaned when the chain which contains the rival block gets longer than whatever chain contains the orphan. Thus you won't know which block is orphaned for a little while. Typically miners will make a snap judgement and try hard not to mine on an orphan chain. But again, they won't know which of 2 blocks is going to get orphaned for a little while. So once again you're throwing out red herrings

NorskKiwi

The chain was effectively down from when the DAO hack happened till it relaunched at the chosen block? Call me out here if I'm wrong, but I'm just calling it like I understand it. When a protocol upgrade is passed it's a soft fork, that doesn't necessitate downtime. Deciding to launch a new chain from a certain block hight is a hard fork, the original chain from with Ethereum came is now called Ethereum Classic - ETC.

epic_trader

>Were the hackers coined rolled back yes or no. you can play semantics all you like, you're just wrong tho. You're the one who's playing semantics and you're the one who's wrong and that's why you're not substantiating anything you're saying. There was an irregular state change, the chain didn't roll back, transactions didn't get reverted, blocks didn't get reverted. > ETH was mutable at that time on demand and decided to censor whoever disagreed with the centralized management. What is this conspiracy nonsense. The community decided in an extraordinary case to honor the intentionen of the smart contract that was exploited to implement an irregular state change, for the first and only time ever. Ethereum was brand new, smart contracts were not well understood and the community wasn't that mature. But they were mature enough to find a pragmatic solution to a difficult situation and learned from the lesson and never repeated it again. The fact is that essentially all the users and all the miners and all the devs agreed with this decision. No one was getting censored, there was no "centralized management". Anyone who didn't agree were free to use ETC, but as we all know, no one did, so it wasn't as controversial as you'd like to make it out to be. Here's the Ethereum Foundation blog post from the fork, it's literally describing to people how to choose the fork they want to use, there's no pressure and no censorship: https://blog.ethereum.org/2016/07/20/hard-fork-completed

R4ID

> Ethereum didn't miss any blocks and there wasn't any rollback. https://www.gemini.com/cryptopedia/the-dao-hack-makerdao "Those who refused to accept the hard fork that **rolled back the blockchain’s history** supported the pre-forked version — now known as Ethereum Classic (ETC)."

epic_trader

What about ETC?

vattenj

Maybe at the time of fork it is so, but since the majority of the devs are on the ETH fork side, later on ETC lacks most of the technology improvements like POS transition and L2 layering, basically stayed at the fork time, technology wise This also raised interesting question about what is essentially a blockchain? It is merely a medium for realizing the consensus of the major devs (system architecture). Bitcoin fork also reflected the same principle

BylliGoat

You can't modify a Blockchain. That's the whole point of it existing. They forked it into a new Blockchain, which is exactly why we have ETH and ETC. What's the point of arguing with me if you're just going to not look it up? Like, you're just wrong. Full stop. There's no debate here. I'm sorry you're uncomfortable with that reality, but they DID hard fork the whole chain because of a transaction they didn't like. They'll never do that for someone like you or I, but the Man always has a kill switch in his back pocket.

reddit4485

>While the vast majority of stakeholders adopted the change and the fork was implemented, not everyone was on board. As a result, the hard fork resulted in two competing — and now separate — Ethereum blockchains. Those who refused to accept **the hard fork that rolled back** the blockchain’s history supported the pre-forked version — now known as Ethereum Classic (ETC). The blockchain presently known as Ethereum is the blockchain that implemented the hard fork and altered the blockchain’s history — and the history of blockchain as a whole. https://www.gemini.com/cryptopedia/the-dao-hack-makerdao It was absolutely rolled back! No one tried to hide it but they reversed $60,000,000 of stolen ether

Dumperandumper

Ethereum Classic (ETC) isn't a breach to the current Ethereum (ETH) network runtime, but rather the embodiment of a fundamental disagreement about whether that runtime should have ever been altered. Following the 2016 DAO hack, the Ethereum community executed a hard fork—an intentional change to the network's rules and state—to reverse the theft. The chain that implemented this change became the modern ETH network. However, a faction of the community rejected this intervention, championing the principle of absolute immutability ("code is law"). They continued to validate the original, unaltered blockchain where the hack remains a permanent part of the transaction history. This original chain is Ethereum Classic (ETC). Therefore, ETC represents a preserved, historical version of the runtime that the main ETH network chose to abandon, standing as a permanent fork and a philosophical counterpoint to ETH's decision to modify its own ledger.

VisiblePlatform6704

Haha, that was my though. I 'member... I was there and I converted all my ETC into ETH. But it was shady as f\*ck and deffo made the ETH foundation lose a lot of credibility.

epic_trader

You're confused about a lot of things. Let me help you clear this up. No, an ophaned block doesn't cause a hard fork. The orphaned block was found *after* the block that made it onto the *canonical* chain was found (this is the term you're looking for), so while it was valid at the time, it was submitted too late and never becomes part of the chain. Even if nearby peers might have been building on top of it. But this is not a hard fork, it's literally the consensus mechanism at work. >The chain with *the most cumulative proof of work* is THE chain Correct. Now tell me, which chain had more cumulative proof of work behind it, ETC or ETH? Huh? Because they 2 chains have an identical history up until the split, and because essentially all miners continued to mine Ethereum, ETC never had more cumulative hashes. >Nobody cares about chains that aren't mined anymore, nor are they called "original". Then why the fuck would you bring it up and call ETC the "original"? > ETC Classic chain is technically the original ETH blockchain. Literally your comment.

virtual_black_whale

This is obviously an AI post but for the readers: "4.      Slashing is not available" but forking is! See the DAO hack on Ethereum, this is the reason we have ETC (Ethereum Classic)

epic_trader

>ETC Classic chain is technically the original ETH blockchain. This was your statement, which is not technically correct. >ETC was the longest proof of work chain with the most cumulative hashes calculated That does not make it the *original* chain. >In fact, ETC is now the largest smart contract platform secured by proof of work mining. I'm off to buy some.. It's probably a bit of a stretch to say it's being "secured" when it's been 51% many so times.

YogurtCloset3335

Nope. When ETH rolled back DAO transactions, ETC was the longest proof of work chain with the most cumulative hashes calculated. That is the criteria by which all mined cryptocurrencies choose which fork is authentic. It doesn't matter that ETH hard forked before ETC, those chains it forked from are no longer being mined. In fact, ETC is now the largest smart contract platform secured by proof of work mining. I'm off to buy some..

epic_trader

Technically Ethereum didn't have a rollback, but made an irregular state change. Also technically ETC is not the original Ethereum, there'd already been 2 hardforks before the DAO fork.

YogurtCloset3335

Somewhat true but a proof of work blockchain can be rolled back by consensus, ETH did it when the DAO got hacked. ETC Classic chain is technically the original ETH blockchain.

Alles_

It kinda defeats the purpose but you can still be exposed to BTC by buying ETC that follow BTC, gains will be taxed like stocks at 23%

Azzuro-x

Ledger supports the most coins however the firmware is closed source (the frontend and the applications are open source) accordingly may not satisfy your condition. Trezor supports much less coins (particularly Trezor One) but it is open source (with the exeption of the secure element firmware in case of the Safe series) : BTC, ETH incl. tokens, ETC, SOL incl. tokens I think, XRP, BCH, SUI, XMR, ADA, LTC.

MichaelAischmann

>I’m confident that both BTC and *ETC* are going to make some exceptional gains. I assume ETC is a typo & was supposed to say ETH.

FlowersforAlgorand

With that logic you probably bought ETC thinking it was ETH. 😜

ztkraf01

You said ETC which is ethereum classic not ethereum.

nezeta

Technically it has to be 32 ETC because 32 is the minimum unit for staking.

YesNotKnow123

ETC..? Ethereum..classic?

tomsmac

I’ve been taking profits on BTC and going all in on ETC. The froth with bitcoin is just getting stupid right now with every influencer trying to top the previous influence’s prediction. I’m watching the same analysts, Exchange CEO’s, ETF fund management etc, give one prediction one day and then up it by 50% the next day because someone else came in higher. I lived through this in 1987, 2000, 2008 and it looked EXACTLY the same. it’s coming. How deep I can’t tell but it’s definitely coming.

Tip-Actual

can't wait for ETC to launch their Defi ecosystem ! Classic Aave, Classic Uniswap, Classic Curve, oh wait...

elumeus

How is ETC still in the top 35

Possible-Local-9357

Let them sell it - we’ll buy it, what we need is BTC ETF/ETC/ETN or whatever they call it

Numerous_Ruin_4947

I had a wallet secured with a 12-word seed phrase and a PIN code. It was eventually compromised through the Exodus wallet app. The only times I ever entered the seed phrase were when I initially used Jaxx, and later when I migrated to Exodus. Exodus never requested the PIN - that may have been specific to Jaxx. When I imported my seed phrase into Exodus, it prompted me to create a new password. After that, I could access the wallet using only the password, without needing the seed again. Unfortunately, in January, my Ethereum Classic (ETC) was drained. I lost around $200. That experience convinced me to stop using software wallets. No matter how careful you are, there’s always a risk your funds can be stolen - and you often won’t know until it’s too late.

SidonyD

**Hi everyone,** I've been keeping an eye on the world of crypto, and I've already started holding some Bitcoin via an ETC. In France, it's quite difficult to acquire cryptocurrency directly without going through foreign brokers, which often involves fairly burdensome administrative requirements. I have to admit, Bitcoin is interesting, but it hasn't performed as well as my stocks lately. I'm not trying to provoke a debate, but at the moment, it feels more like an asset that competes with ETFs. Currently, I have a diversified investment portfolio: stocks from around the world, government and corporate bonds, real estate, and crypto. Of course, stocks—especially ETFs—still make up the dominant portion. My goal now is to complement my holdings with a second cryptocurrency. The problem is, it's hard to get good advice. The crypto world is full of scammers trying to sell you the latest junk token for their Ponzi scheme. The only piece of truly valuable advice I've received so far was about XRP. It seems this crypto might have strong potential due to its "banking" use case, and it’s also closely followed. Which cryptocurrency would you recommend to complement Bitcoin? Thanks in advance.

Gunnigle

Look, there are good tokens for all time: ETH, BTC Also i always hold SOL, cos i like it very much, big ecosystem and future. XRP , ETC, LTC also not bad idea to hold. But now i recommend you to find some utility new project which using AI in web3. For me im participating in new ai voice protocol (i think its first project on this theme), they will launch token on solana soon and public launch - try just to find new projects, not just MEME but projects with great idea and big future, because 99% new project and tokens are scam and only wants to make fast money. DYOR and good luck sir.

C-Dull

For candle on ETC. up 8% in an hour after not doing anything for months lol

sofloOakley

What about ETC?

MinimalGravitas

No idea to be honest, I haven't followed ETC since it was happening. I'd guess that it's more profitable for people with lots of GPUs now to get involved with AI rather than attack small PoW chains, but I don't know.

whataboutbenson

ETC pumping is normally a top signal, I’m surprised it’s happening so early. Will keep an eye on it.

barthib

ETC's network is completely outdated, full of flaws and gets hacked every second day. Your post tells me that you bought it. Treat it like XRP: a good pump and dump opportunity, don't hold it too long

MinimalGravitas

> Price: $23.89 > Market Cap: $3.65B > Volume (24h): $646M (+185.53%) > Circulating Supply: 152.75M ETC > Vol/Mcap: 17.43% You missed the most unique stat for ETC! > ATH monthly 51% attacks: 3

fan_of_hakiksexydays

ETC also inexplicably pumped last bull season, despite being an obsolete legacy chain that keeps getting 51% attacks.

Turin1973

I went top heavy into XRP. Got too many people in my ear about it to ignore. Idk what’ll happen in the end but I’m willing to gamble. And I bought some LTC ETC ADA and TRX. For ETF’s (and I know there’s some overlap), I’m in SPY QQQ VOT AAAU SLV ITA XLI SCHD VBR VOE and I’m going to start buying GBTC as part of the rotation. And then the only stock I buy is BRK/B. It’s kind of like an ETF

nugymmer

IF it happens, but it WON'T. LOL. You think institutions give AF about anything except BTC and maybe ETC? No, they don't. No alt seasons dude, not this time around.

MaleficentPrune652

I've seen ETH and ETC turning up decently for a 1060, though profits always shift. Stay chill and keep an eye on current data.

billyfudger69

Then why did Ethereum split into two crypto currencies the traditional Ethereum Classic (ETC) and the radical Ethereum (ETH)?

MaleficentPrune652

Kaspa's quick block times are neat but my experience leans toward ETC for smoother pool mining on a setup like yours. Nothing's certain, so it's all a bit experimental.

BranJacobs

"This time is different" could mean a lot of things but it's always in the bullish case. "This time is different. ETF's, institutions, governments, corporate treasuries, ETC, *so I don't expect the huge 60% - 70% drawdowns from previous cycles."* "There won't be a banana zone this cycle, *we might slow climb to 250K*" For the record, I don't think this time is different. I'm planning accordingly for some down years in 2026-27.

arjum-mandal

For fast sellouts and profits using Unmineable and Coinbase focus on popular high liquidity coins like Shiba Inu SHIB Doge DOGE or Ethereum Classic ETC. These are widely supported have active trading volume and are easy to sell quickly. However profitability depends on mining difficulty your hardware and electricity costs always calculate before mining.

JTHM8008

To answer your question, ETC. But really, there is only BTC and everything else is a shitcoin.

takesthebiscuit

The letter kits include digits, 01 APPLE 02 GRIND ETC

inShambles3749

That was a hard fork. ETC is a crapshoot take on eth and split entirely. And no it was not voted for 95% to do that the did a hard fork be außer the minority which wanted to circumvent immutability went to ETC. didn't worked out too well for them. The main reason that garbage gets bought is because its confused with the original ETH. Entirely different projects and blockchain. Even though the underlying source chain was the same.

Mindless_Ad_9792

yes but immutability can be circumvented with a chain fork, like what happened with the ETC/ETH fork... Which was technically democratic since around 95% of the chain's validators agreed to fork it... so...?

recoilvelocity

You can easily earn upto USDT 1000 in crypto rewards by opening an account and completing a $50 trade of your choice i.e buying $50 Etherium, Bitcoin, Solana ETC. This is part of the exchange's 💱 promotion to attract new users and boost market reach. = No Regrestration Fees = No Sending Your Funds = No Account Access Requests. DM for a refferal.

St0uty

>Why would I trade work for money that has 0 value? Cope level critical: don't pretend like you wouldn't turn down 100k nano. That's just sad >The Proof of work is secure and proven valuable Why do you sound like you're trying to convince yourself lol? PoW chains have suffered 51% attacks in the past, see ETC. You're suffering from some serious cognitive dissonance

Popular-Let-4700

Yeah, the BTC ETC passing literally changed everything

No-Magician-2257

I want to like ETC but nobody is developing it anymore so it’s essentially just a currency and highly antiquated L1.

ThatChrisGuy7

ETC is an underrated coin

Slow_Train_6096

The drop to $8 dollars after ETC came into existence fell way worse.

WycheTheGod

My ETC could use a boost. Lets go!

OriginalStarwars501

ETC

weiga

Put half in ETHW and half in ETC. POW4LIFE!

moriluka_go_hard

Yeah but in the case of MSTR the leverage is already „built-in“ into a SPX constituent, so you got an asset class that‘s safer on paper than a leveraged bitcoin ETF and that‘s also accessible to individuals and institutions that aren‘t allowed to take on leverage to go into positions themselves (i. e. using margin leverage to buy an unleveraged bitcoin ETF or ETC)

f0okyou

Ethio Telecom and the Ethiopian Telecommunication Agency (ETA) have exclusive control of Internet access throughout the country. The ETA is not an independent regulatory body, and its staff and telecommunications policies are controlled by the national government. It grants Ethio Telecom a monopoly license as Ethiopia's sole ISP and seller of domain names under the country code top-level domain, ".et". Internet cafés and other resellers of Internet services must be licensed by the ETA and must purchase their access through the ETC. Individual purchasers must also apply for Internet connections through Ethio Telecom. In 2012, Ethiopia passed a law that prohibits anyone to "bypasses the telecom infrastructure established by the telecom service provider", which prevents any alternative internet service provider to be created.[9][10] https://en.m.wikipedia.org/wiki/Internet_in_Ethiopia Yeah real heaven of something, that's for sure...

hosea_they_heysus

Here's my stepping stones: .05BTC, .1BTC, .2BTC, .3BTC.... 1BTC, 1.1BTC...10BTC, 10.1BTC.... ETC.

Objective_Digit

Then why isn't ETC as valued as ETH?

PirateSKB

Nope, would have to go privacy, so no BTC / ETC or anything else to start out. Beyond that, probably still no memecoins, and i'd probably use the monies to make more money after, so maybe a HYSA as the end step? idk

the_bueg

You seem to be confusing "blockchain" with "bitcoin". Some of what you said is true about Bitcoin - not blockchain technology. There are legitimate criticism of blockchain technology in general. But very different than the ones you listed for bitcoin. Algorand, for example, has it's pros and cons but none of the ones you listed. The copy/paste criticism is pretty rediculous though. Being open-source is one of cryptos greatest strengths, not a weakness. There are over 100 hard forks of Bitcoin alone. How many can you name? I can think of three - because I got coins in my wallet from their forks: BCH, BSV, and Bitcoin Gold, whatever the symbol is. All essentiall worthless now. There are thousands upon thousands of forks of various crypto projects. Few of which have gone very far, and almost none of which hurt those they "copy/pasted" from. Literally the only exception to that, is Ethereum. Depending on who you ask or how you define it, ETH is the copy/paste fork, and ETC is the original - and yet ETH went on to win. In fact ETH went on to fork again from PoW to PoS while ETC continued to not fork. To this day ETC maintains the entire original PoW tx history.

armanipunanny

It is my understanding that it is very difficult, if not borderline impossible to make profit from day trading. If you have 25k I would honestly just diversify your portfolio. If you truly believe in Bitcoin and have a high tolerance for fluctuation, now is a good time to buy. The average return per year on bitcoin for the last 10 years is 47%. The last 5 years average yearly return is 35% and this includes bull/bear markets. This means if you invest 5k, and assume the average yearly return stays at 35%, within 5 years that 5k would now be worth 26k. I'd do that. 5k in Bitcoin. And the rest in a few ETFs. 5k in ishares physical gold ETC (hedge against inflation) 5k in Vanguard S&P500 (top 500 companies in US) 5k in ishares core MSCI World ETF (global exposure) The last 5k...invest in yourself. Holiday, business, family etc.

BBHMM_Stake_Pool

Well sounds like you are reading the wrong places. Especially from your thoughts on on Cardano, since they are all wrong. I mentioned a few lines items before but I can go into detail. Most other chains don’t offer liquid staking. At least the top chains. You can literally use your ADA to swap, buy NFTs, interact with DE-FI, and etc. The chain will take a snapshot every epoch(5 days) and add/ subtract the amount of ADA in your wallet for the next epoch. While also getting rewarded every 5 days for the ADA stacked before that and it compounds. You can send or receive as you wish with no additional staking TX’s. Other chains like ETH requires you to unlock to get your ETH and use it. Also it take’s some time to receive it. Then if you want to add more you have to re-stake. For ETH it stays in a smart contract. Cardano stays in your wallet and that is staked. Also if you don’t have 32 ETH or the technical skills to run a heavy validator(cardano-node is way less resource heavy) then you have to send it to a custodial to get your ETH staked. So most staked ADA is in a custodial service not a wallet that they own. If that doesn’t change your mind about Cardano let me expand further You can't stake BTC. Since Cardano uses the eUTXO model/ Bitcoin uses UTXO and also uses the same security model it allows Cardano will be a trust-less, permission-less bridge and smart contract platform to BTC. You can not run smart contracts or program into Bitcoin currently. Soon you can send BTC to another BTC wallet and settle it in Cardano. You can bridge BTC to Cardano and back. Cardano will soon be the smart contract layer for Bitcoin. No accounts model, EVM based forked, Proof of History based Solana can do this without sacrificing security and trusting a 3rd party entity. Hmm this is what blockchain as built for, trust-less, permission-less, decentrailized. Even further Cardano has native tokens most other chains tokens are derived from a smart contract, which can be manipulated to rug users tokens, or copy and pasted contracts that have errors in them. You can not error on minting a native asset on Cardano. Which goes in to a failed TX and the token doesn't get minted and no charge to the user. Failed TX's on ETH wether it is user fault of chain fault still get charged, same with Solana. You can also send multiple types of tokens to multiple wallets at the same time in one TX or referred to TX’s in a TX. So I can send 5 different tokens to you, 3 to another wallet, 6 to a 3rd wallet and etc. Not sure who else can do that. I am sure there are some, but none of the top chains. Predictable costs of TX is based on the size of a TX, so you know how much you will spend to submit a TX before you submit. ETH, BTC are based on load or how much gas you want to send for speed. Estimated TX costs. Governance. I heard other chains mention this. But not sure how many have a constitution that has been voted on by holders. All chain parameters, hard forks, and treasury withdrawals are voted on now by users on Cardano. Not a dictatated by a foundation or CEO. Hard fork combinator makes upgrades seeming-less. How do you upgrade BTC? In reference to ETC. Charles was a founder of ETH. He let Vitalik keep it. Then he tried to fix ETC, he put money into research on how it should move forward. Nobody would listen to him or do anything. Not sure it was a shill rather than how can we make it better. I don’t follow it anymore. Has upgrades been done on it? Are people using it or is it a dead chain now?

Leithm

I been reading about crypto for many hours a day pretty much every day since March 2013 when I heard about Bitcoin. Tell me one thing I can do with Cardano I can't do with another cryptocurrency? Also tell me why CH was shilling ETC for years before dumping that?

plants_ribs

lol - I'm working on instinct only and have no idea what I'm doing so this is obviously not financial advice, but I tend to do like 60% BTC and ETC, 30% "mid-level" coins (e.g., Solana, Cardano, etc.), and then 10% bullshit that might do 100-5000x but most likely won't. I only buy when people are freaking out about Crypto being over, and with the bulk of my investments being in traditionally reliable and resilient coins, that tends to be enough to cover the 10% I gamble with. Oh also I started investing in crypto at the absolute peak of the last bull market and I got washed big time with my initial investments, but then I recovered by buying during the subsequent crash. Before this last crash I was up 100% (doubled). Now, even with horrific performance throughout the market, I'm still hovering around no profit but no loss - and I'm buying. I don't know what happens in the end, but that's been what I've been doing.

CuriousHelpful

BTC = US / ETC= Canada 

Intrepid_Guidance_57

I’ll keep it simple for you, Bitcoin is the one you want to invest in, you need to STUDY it like your life depends on it ( I’m not over dramatising ) study, understand its fundamentals , then buy and hold… never sell your Bitcoin. Buy it on an exchange, ( Coinbase, kraken ect ) DO NOT LEAVE YOUR COINS ON THE EXCHANGE ( potential hacks, accounts can be frozen or restricted if the system flags it for any reason ) Then you need to send your coins to a wallet YOU control… we call this “ cold storage “ you’ll also need a hardware wallet ( this holds the keys to your BTC, the keys are essentially what’s called a seed phrase, it’s either 12/24 words… ) MAKE SURE YOUR SEED PHRASE IS ON A TITANIUM METAL PLATE AND NOT PAPER INCASE OF FIRE,FLOOD, ETC YouTube is your friend here… BTCsessions is a great channel on YouTube that walks you through the process and also really helps you to understand what exactly you are doing and why. I recommend the Blockstream Jade for a hardware device, but that’s my personal opinion, he does a full breakdown of this hardware wallet as well, very beginner friendly IMO ( do your own research ) This is alot of info crammed into such a small reply so apologies about that, but everything I have written here is what you need to study and fast, there’s not much bitcoin left , it’s not just about the money, it’s freedom.. that’s what Bitcoin buys you, Time/freedom… but you’ll only ever understand this if you truly want to learn and get into it. I hope this helps man, I wish I had someone tell me this as soon as I entered crypto years ago.. Good luck my friend!

djhazmatt503

I'm burning karma by posting this reply, but the truth is that ETH is slow, expensive and extremely insider/expert biased. On SOL, you can mint PoopyDolphinCoin for under $20. Is SOL full of vapor promises and hyperbole and exaggeration? Yes. But so is the whole market. Bitcoin is not being used as a currency. It was designed as one, but right now it's speculation.  Ethereum, a great underlying tech (said as an ETC purist where fundamentals are concerned), is a speculation.  Solana, garbage tech, speculative, is actually useable. So the hate you're seeing is analogous to the legit local punk band hating on Green Day. Is Green Day overrated mass consumption slop? Sure. But it's working. Same thing with Solana. It's cheap, shallow and not true to the scene, but your grandma can use it.

fairysquirt

Holy shit, gratz. Wanna, help me get my ETC back from Bitfinex? I try like once a year lol

fairysquirt

Idk you seem confused. I'm not talking about how blockchain works. Of course the funds are there you sent them there, but that doesn't make it your allocated 0x for either polygon deposits or USDC deposits, and on the USDC deposit page it will say the CA of the specific USDC token they accept. This isn't some anomally you've ran into, its identical on most cex, they won't ''recover'' assets sent to the wrong 0x they have them designated for and if they do they charge a fee. That privkey doesn't belong to you, it belongs to them and you don't decide how they manage it, they do. Their hot and cold wallet setup may be per asset. They need someone at Revolut with the authority to access the root private key as their system isn't setup like your defi wallet where those low level staff can deal with every asset on one key on every compatible chain. Like I said, go to deposit, click on USDC, see what chain options they have, if they have Polygon, see what the CA is for the USDC they accept. I mean if they just gave you the privkey of that addy you could 'recover it' yourself, or wouldn't need to. This is why you should be using your own wallet, with your own keys on audied defi noncustodial DEX. I've lost alot of ETC this way on Bitfinex, they refused to return or credit it on ETC network, because I deposited it to a Callisto address which is a token riding on ETC. Its ETC, sitting on an address they monitor on ETC blockchain lol. Yours might not even be the right designated address for Polygon.

Hippos4ever

Crypto has been doing this since LTC was copy pasta’d from BTC and then DOGE copy pasta’d from LTC, and then “ETH” came along with a fresh copy pasta of BTC, but they didn’t do a good job copying the pasta, so they messed up and a whole bunch of people lost a lot of “money” so they decided to get rid of the concept of immutability, and muted the “ETH” chain, they did this by rebooting it and calling the one that fallowed actual block chain principles ETC while “ETH” some how went on to gain traction… some how… the rest they say is copy pasta.

pop-1988

This is seen already. An ETC wallet is an account. An ETH owner can obfuscate his holdings by running multiple unconnected accounts BTC is a bucket of coins. Each coin has its own address. Ownership of a hoard is obfuscated by design Registration of ownership would only work by State control - using a national ID number. Most people would comply. But, you're claiming decentralization, and you're implementing a centralized ownership register Bitcoin (and its dozens of copycats) is decentralized in its node network. There has never been any intention for decentralization of ownership

forsenbois21

Well i bought when BTC was around 24k with 80%, and leave 20% on ETC funny how ETC remains at the same price but i trust the cycle theory. Last leg up

coinfeeds-bot

tldr; HANetf has launched Europe's first leveraged crypto exchange-traded commodities (ETCs), including 2x Long Bitcoin ETC, 2x Long Ethereum ETC, and 2x Short Bitcoin ETC, listed on Nasdaq Sweden with a 2% total expense ratio. Co-CEO Nik Bienkowski stated these products offer a regulated way to navigate short-term crypto market movements. HANetf already manages $1.6 billion in cryptocurrency ETPs. Despite crypto volatility and regulatory warnings, investor interest remains strong, with significant growth in global and European crypto ETPs. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

stop_napkins

I’m 30. Have 120k in my 401k. Everything else in BTC. No kids. If I were older with kids I’d probably diversify a bit more. My current plan is to stop all 401k contributions, foregoing the company match and put it in BTC instead. Will likely do this until BTC starts climbing above 150k. Then I will go back to 401k investment. This is what works for me. Oh & Liquidate any long term stock that vests within the next year for BTC. I’m of the personal opinion that the US will be purchasing more BTC. Game theory, fomo from others, etc. and the US is desperately trying to push stable coin legislation backed by US Tbills to the rest of the world. This will bring in a ton of money into BTC. I don’t care what anyone else says as this is my personal belief. NFA. DYOR. ETC ETC.

lollybaby0811

There are also too many to the point there's nil value. I used to hold ETC and btcash even those have falled hard with the rise of trump coin. Would only put in on the top 3

Paratrooper2000

ETH Classic still has Proof of work, if that’s what you fancy. You can get a whole ETC for just 20$!

Smiling_Jack_

I heard they're going to add BSV and ETC to the strategic reserve next.

2peg2city

The EF does not dictate the road map, anyone can create and submit an EIP and anyone validating blocks can choose to follow or ignore that change, just like bitcoin. It's why ETC exists.

usaborg

Putin for example. All he wanted is for NATO to stay away from Russia borders "as per agreement he had with EU a while ago" EU don't want peace (some of the countries, not all) . ETC,ETC.

HelenaCrypto22

hello 49845 USDT that I have at xeggex!!! In the end, what’s next? well nothing for 1 month.and I also have 4.5810 ETH etheruim I'm tired of waiting because being in the field of webmastering I can confirm that it is possible to restructure the database in a few hours and not in 1 month or it is still not valid.... I'm asking you to tell me if there is anyone who has recovered USDT (theter) or Etherium, or BTC bitcoin? We are almost 1 month old and still nothing, I don't understand why we have to wait so long?? I don't understand because I'm a webmaster and normally it's fast!!! .... very fast. But no one on the forum talks about this problem! You are all worried about $10/$50 for PEPE And I'm certainly not the only one to have sales positions in progress where it has completely disappeared, like for example 120,000 RVN ravencoin for me!!! 506645240 for NEXA. well yes I am the only one with a sales position? or has it disappeared? you have to tell me, because in this forum I have the impression of having people who panic over $10 and other cryptos worth $5000 but frankly we have to talk about very serious things with a financial amount greater than 10/100 USD THANK YOU FOR SHOWING YOUR EXPERIENCE.... USDT (ETH Network) USDT (TRON Network) ETC ETH BTC ????? Am I the only one in the world to get screwed out of $55,000? on USDT and ETH from Xeggex ????

Korean__Princess

Smart. I did something similar. Still kept some stock after shifting it around but definitely sold off quite a bit and keeping the cash in a HYSA for now. Left crypto entirely at ETC and BTC recent peaks, though. I just kept watching the news and what ppl said and the trends and figured, nope. Seems it was the right call. Do regret not just pulling all my stocks (except real-estate), but at least my losses for now are less than they would've been otherwise.

beautybeyondveneers

just wait. Sui to Solana is like Ethereum Classic to Ethereum—a spinoff from former devs who thought they could do it better. Unlike Ethereum’s fork, Sui was built from scratch, but Solana remains the dominant chain with real adoption. Just like ETH left ETC behind, Solana has the momentum, user base, and ecosystem to stay on top while Sui is still trying to prove itself.

xmronadaily

You should look up how ETH classic came into existence... In 2016, a major hack of a smart contract on Ethereum, known as The DAO, led to the theft of 3.6 million ETH. This event caused a significant debate within the Ethereum community about how to address the hack. Some members of the community supported rolling back the blockchain to negate the effects of the hack, while others opposed it. The decision to revert the blockchain to recover the stolen funds resulted in a hard fork, leading to the creation of Ethereum Classic (ETC).24 Those who disagreed with the decision to revert the blockchain continued on the original chain, which became Ethereum Classic, while other users upgraded to the new version of Ethereum. Ethereum Classic maintains the original, unaltered history of the Ethereum network, adhering to the principle that "code is law," meaning the rules and regulations of the decentralized network are enforced solely through its underlying code. Wouldn't be the first time ETH was rolled back... Muh immutability.

perceptual01

It’s happened before.. *coughs in ETC*

DonasAskan

Ethereum was rolled back after DAO hack, you might not been here when this happened. New one became ETH (rolled back blockchain) and the old one remained ETC.

Vartemis

By this logic, you are making the same argument against BTC due to the very existence of BCH. ETC is what the other user is talking about. ETC is to ETH as BCH is to BTC. Either you don't know what you're talking about or you are an Olympic level athlete based on these mental gymnastics.

darkjediii

They did it before when the chain split to ETC/ETH, probably no chance they do it this time.