Over the last few weeks, Ethereum Classic (ETC) has been doing pretty great and the crypto industry had taken note. Some people were even predicting that Ethereum Classic would at one point square it out with Ethereum, possibly surpassing it.
ETC is trading at $22.90 against the US dollar, up around 10% over the last 7 days and 6.2% in the last 24 hours. Over the last 30 days, the coin has gained about 75% against the USD, rising in value from $13 on April 6th to the current price of $23.69. The ETCDEV team has done great so far The ETC development team has worked hard and recently released their Emerald Wallet, herald as a new start. It assured the Ethereum Classic community of transacting in a secure and offline environment.
This was a sign that ETC would be on its way back to the top. And true to that, the market has been bullish as ever, ETC/USD trading above $20 then moving on to try and break above $25.
Highlighting how they intended to further exploit the usefulness of the wallet, the ETCDEV team posited the following: “In the future, the ETCDEV team is going to start splitting Emerald into several independent pieces, separating Emerald SDK and building a second Dapp, which is going to be an app for Smart Contract developers (develop/deploy/debug cycle). In addition to that, ETCDEV is going to work on a separate command-line utility to help 3rd party software to be integrated into Ethereum Classic.” They also have been working on improving the coin’s network via use of sidechains.
We all know the value of using the sidechain technology. They are meant to offer a balance between the advantages offered by a private network with the obvious security that comes with being part of the mainnet. Read more from stocksgazette.com…
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