- Donald McIntyre shared his views with CryptoGlobe.
- ETC/USD is gaining ground amid improved sentiments.
According to Ethereum Classic developer Donald McIntyre from ETCDEV team, ETC ecosystem can provide security to Ethereum, while in-depth bilateral integration of Ethereum Classic and Ethereum will allow creating a truly secure and effective blockchain.
Explaining the concept to crypto media outlet CryptoGlobe, Donald McIntyre noted:
“A useful analogy is to see ETH as a sports car and ETC is an armoured vehicle. The problem is to think that ETH can be an armoured vehicle and ETC can be a sports car. ETH is about scaling and performance and ETC is about high value and security.”
He believes that the projects specialize on different aspects of blockchain technology thus, by joining forces they will be better positioned to face the competition from the alternative projects like EOS, Tezos, and Cardano.
“ETH and ETC have different functions in the blockchain industry stack. ETC will be a highly secure base chain, perfectly suitable for decentralized computing and high value smart contracts between people and businesses, while ETH is aiming to be a high speed and high volume transactions layer to satisfy high performance applications,” he added.
Also, McIntyre said that once Ethereum moved to Proof-Of-Stake consensus algorithm, Ethereum Classic would become the only PoW-based blockchain with non-fragmented, fixed monetary policy (apart from Bitcoin).
Meanwhile, ETC/USD is gaining ground amid strong upside momentum on the cryptocurrency markets. The coin is changing hands at $6.00, which is 2.8% higher from this time on Monday. The local resistance is created by $6.10 (SMA100, 1-hour), followed by $6.20 (SMA200 1-hour and SMA50 4-hour).
ETC/USD, 4-hour chart
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