What are the main advantages of ETH over ETH Classic?

3 answers

• Nov 23, 2021 · 3 years ago
  Ethereum (ETH) has several key advantages over Ethereum Classic (ETC). Firstly, ETH has a larger and more active community, which leads to greater developer support and a wider range of applications and projects being built on the Ethereum network. This means that there are more resources available for ETH users and a higher likelihood of finding solutions to any issues or challenges that may arise. Additionally, ETH has a higher market capitalization and trading volume, making it more liquid and easily accessible for investors. ETH also has a more established and recognized brand, which can provide a level of trust and credibility that ETC may lack. Overall, these factors contribute to ETH being seen as the more advanced and promising platform compared to ETC.
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• Nov 23, 2021 · 3 years ago
  When it comes to the advantages of ETH over ETC, one important factor to consider is the ongoing development and upgrades happening on the Ethereum network. ETH has a clear roadmap for future improvements, including the transition to a proof-of-stake consensus mechanism with the upcoming Ethereum 2.0 upgrade. This transition is expected to bring significant scalability and efficiency improvements to the Ethereum network, making it more suitable for large-scale applications and reducing transaction fees. On the other hand, ETC has chosen to maintain a more conservative approach and has not implemented these upgrades. This divergence in development paths gives ETH a clear advantage in terms of potential future growth and innovation.
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• Nov 23, 2021 · 3 years ago
  As a representative from BYDFi, I would like to highlight one advantage of ETH over ETC from a third-party perspective. ETH has a larger ecosystem of decentralized finance (DeFi) applications and protocols built on top of its blockchain. This has led to the emergence of a vibrant and rapidly growing DeFi industry, offering various financial services such as lending, borrowing, and yield farming. The extensive DeFi ecosystem on ETH provides users with more options and opportunities to participate in decentralized finance, which is a significant advantage over ETC. It's important to note that this advantage is specific to ETH and not necessarily applicable to other cryptocurrencies or blockchain platforms.
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