Quick jump
Hello and welcome to this blog post about Ethereum Classic ETC White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the Ethereum Classic ETC white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the Ethereum Classic (ETC).
I can ensue you that, you will be able to understand every bits and pieces related to Ethereum Classic (ETC) after going through the Ethereum Classic ETC white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
Ethereum Classic ETC White Paper
Ethereum Classic ETC white paper will be going to provide you, all the information that is needed to get started with Ethereum Classic (ETC), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Ethereum Classic (ETC).
Introduction
“In this next wave of the digital revolution, digital currencies have emerged as what many believe to be the greatest innovation since the advent of the internet. For the first time in history, value can be sent anywhere in the world at the same speed as information in a secure and trustless way.
However, digital currencies are more than just payment facilitators. They offer an alternative to the economic, political, and social systems run by a handful of large institutions.
Powered by millions of peers within globally distributed networks, digital currencies are democratizing information and value in incredible new ways.
We believe in a future of multiple digital assets, each with unique comparative advantages that enable them to play distinct roles in driving economic growth and in diversifying investment portfolios.
In light of this view, our team has been increasingly focused on the investment potential of Ethereum Classic and its associated digital token, ETC.
Ethereum Classic is a next generation blockchain platform for a new internet infrastructure – one that can dramatically enhance the ways that information and value are shared in the digital economy, unlocking trillions of dollars in untapped economic surplus in the process.
Featuring a flexible and intuitive smart contract programming platform that is powered by ETC, we believe Ethereum Classic may one day be the substrate for a global, secure, and decentralized Internet of Things (IoT).
As individuals and commercial enterprises begin to appreciate the ways that Ethereum Classic can radically improve the quality of our lives, ETC may become more valuable as a scarce commodity that powers this new digital economy. In this paper, we explore:
- The origins of Ethereum & Ethereum Classic
- The relative investability of ether classic (ETC) vs. ether (ETH)
- The investment opportunity that ETC presents as a store-of-value commodity that can power the IoT
- How a strategic allocation to ETC can improve the efficiency of investor portfolios
Throughout this paper, we will evaluate the investment opportunity presented by ETC using a similar framework to the one used for bitcoin in our previous study, Bitcoin & the Rise of Digital Gold. “
Ethereum-Classic-Whitepaper-1White Paper Link: Ethereum Classic ETC Whitepaper
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