According to the EtcNodes website, ETC Phoenix
It will be upgraded to 100.500.839 area, calculated according to the current mining speed, and the estimated upgrade time is June 5, 2020. In addition, as of now, 10% of ETC nodes are ready to be completed, and the remaining 90% remains to be seen
Detailed introduction:
ETC Core is the core development team of Ethereum Classic Network, they have the most advanced technical capabilities in the field of ETC. The ETC Core team is committed to providing infrastructure tools, specifications, and resources for the classic Ethereum ecosystem, maintaining the ETC client, and responsible for EVM related maintenance and development. In order to welcome the next major hard fork upgrade, ETC Core has prepared a test network-Mordor for interested developers. Mordor is the classic PoW testnet of Ethereum, which allows developers to do any specific tests on it without using the Ethereum classic mainnet.
Ethereum Classic's third major hard fork Phoenix upgrade will take place around the beginning of June. This hard fork will be compatible with the Ethereum network's Istanbul upgrade. After Phoenix, Ethereum Classic keeps pace with Ethereum and is fully compatible.
Therefore, it is equivalent to say that the price of ETC may soar. ETC has been halved once in March, and it has begun to develop the state of upgrading in June, so the good development of ETC is a good aspect
What is ETC Core?
ETC Core is the core development team of Ethereum Classic Network, they have the most advanced technical capabilities in the field of ETC. The ETC Core team is committed to providing infrastructure tools, specifications, and resources for the classic Ethereum ecosystem, maintaining the ETC client, and is responsible for EVM related maintenance and development. To meet the next major hard fork upgrade, ETC Core has prepared a test network for interested developers
What is ETC?
Ethereum Classic (ETC) is also a decentralized programmable blockchain like Ethereum. Like Ethereum, ETC is traded on exchanges and provides the same decentralized applications and smart contract functions as Ethereum (ETH)
ETC is basically the same as ETH, but on the old blockchain
Over time, both projects continued to adopt different economic policies
So currently divided into two groups
How much is ETC?
The new monetary policy sets limits on the total issuance of ETC. When the block reward is 5,000,000, the block reward will be reduced by 20%, and thereafter every 5,000,000 blocks will be reduced by another 20%. The total supply is expected to be approximately 210 million ETC, but not to exceed 230 million ETC.
Does ETC have equity?
ETH plans to move to proof of stake, and ETC is unwilling to make changes
In terms of confidence, is ETH high or ETC high?
In terms of ICO issuance and DApp construction, ETH seems to be ahead of ETC and enjoys more investor confidence
When was the latest halving?
ETC has halved for the second time at the end of March 2020
When did ETC start?
In the initial version on July 30, 2015
The second platform of ETH appeared on in MARCH,14,2016
October 25, 2016 ETC forked from ETH into independent currency
Some operations have been re-priced to prevent DDoS attacks
On January 14, 2017, the delay in the excavation difficulty was delayed,
Ethereum can postpone the conversion of mining methods from PoW to PoS
December 11, 2017 changed from unlimited supply to limited supply
Limit Ethereum Classic to 210,000,000 ETC
ETC halves for the second time by the end of March 2020
June 5, 2020 Full ETC upgrade (tentative)
personal opinion:
I have invested in ETH and ETC
But in terms of uptrend space, the probability of ETC skyrocketing is relatively high
But ETC is also highly volatile
If you want more stability, ETH is good chioce
But now you can start accumulation ETC
But there are risks in investment
