What is the difference between ethereum classic and Ethereum PoW?
Ethereum Classic is an original version of Ethereum that maintains the use of Proof-of-Work (PoW) consensus mechanism, focusing on immutability and decentralization. On the other hand, Ethereum PoW refers to the version of Ethereum that continued to use the PoW consensus after the network's hard fork, which aimed to preserve the PoW characteristics and community that supported this mechanism. However, it's important to note that the mainstream Ethereum network has since transitioned to a Proof-of-Stake (PoS) consensus.
What will happen to Ethereum Classic?
I'm wondering about the future of Ethereum Classic. Will it continue to exist and be relevant in the crypto market, or will it fade away? What are the possible scenarios for its development?
What is the problem with Ethereum Classic?
I'm concerned about Ethereum Classic and want to understand the issues it faces. I've heard there are some problems with this cryptocurrency, and I'm seeking detailed information on what they are.
Why do people still use Ethereum Classic?
I'm curious why Ethereum Classic is still being used by people. Despite the existence of Ethereum and other more advanced blockchain platforms, what are the reasons that make people stick to Ethereum Classic?
Should you invest in Ethereum or Ethereum Classic?
I'm considering investing in Ethereum or Ethereum Classic, but I'm not sure which one to choose. I need help understanding the differences between the two and which one might be a better investment option for me.