Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ETC] Ethereum Classic: Immutable Smart Contracts
by
Blazin888888
on 09/01/2017, 19:50:15 UTC
now were getting somewhere!!!  Grin


https://bitcoinmagazine.com/articles/barry-silbert-shares-digital-currency-group-s-perspective-on-ethereum-announces-etherscan-investment-1483989140

In the past, Silbert noted that Ethereum Classic needs to get rid of the difficulty bomb, make a decision on whether to stick with proof of work and finalize a long-term monetary policy before an Ethereum Classic investment fund could be considered. Finalizing a monetary policy is the only task left on that to-do list.

Although Silbert is bullish on the ETC token, he isn’t currently interested in many of the applications that have been pitched for the platform. “A lot [of] ideas on the Ethereum Classic side suffer from some of the same issues as Ethereum — as in why decentralize or use Ethereum?” he said.

From DCG’s perspective, ETC is a useful diversification tool for a digital currency portfolio. According to Silbert, bitcoin is the only asset that should take up the rest of that portfolio. DCG also sees value in Ethereum Classic as a smart-contract platform for the Internet of Things and as a micropayments layer.

DCG currently holds ETC in its portfolio, and they’re also exploring the possibility of getting involved in the mining of ETC.