Trusted

Ethereum Developer Accuses Ethereum Classic of ‘Pushing an Agenda’

2 mins
Updated by Kyle Baird
Join our Trading Community on Telegram
With the Ethereum Classic hard fork soon at hand, a controversy is taking shape in the background. Ethereum team lead Péter Szilágyi recently criticized the project for pushing its own agenda disingenuously.
Ethereum Classic is getting an ‘upgrade’ soon which will allow for it to better integrate itself into Ethereum’s main chain. With cross-chain communication expected, the blockchain will also be adopting Ethereum’s Byzantium network protocol upgrades. However, some in the Ethereum community view the fork as opportunistic and claim that Ethereum Classic is merely riding off of Ethereum’s success without making any contributions whatsoever. Ethereum developer Péter Szilágyi recently got into a spat with Bob Summerwill, Executive Director of the ETC Cooperative, over what the real purpose of the classic chain really is. Proponents of Ethereum Classic are steadfast that ‘code is law’ and therefore believe that they are staying true to Ethereum’s founding documents. However, with the coming hard fork, it seems that Ethereum Classic is now looking to jump in on Ethereum’s recent upgrades while also positioning itself as ‘original’ proof-of-work chain as Ethereum transitions to proof-of-stake. Ethereum Eth As Szilágyi puts it, ETC cannot live without Ethereum. He claims that those pushing for Ethereum to ‘die’ should also realize that they are, in effect, also wishing for Ethereum Classic to die as well. “If you expect ETH 1 to die but ETC to live, you are IMHO pushing an agenda,” he writes. Bob Summerwill responded by claiming that the ‘technical challenges’ experienced by both chains are ‘nearly identical,’ and that collaboration could prove fruitful from a technological standpoint. However, Szilágyi took offense to the insinuation that Ethereum Classic was doing anything at all. The gulf between ETC and Ethereum has existed for some time, with the latter claiming that the former seldom contributes to much of anything. Since ‘code is law,’ ETC upgrades have been riding off of Ethereum’s progress solely. Although there are talks of decentralized applications on Ethereum Classic, it remains to be seen why any developer would take this route given that Ethereum proper exists. We can likely expect this controversy to continue well after the hard fork. It’s then that Ethereum Classic’s goals will be put to the test, with many people wondering whether it will continue to sit as a high market cap ‘novelty coin’ instead of a cryptocurrency with an actual function. Do you believe Ethereum Classic has any use-cases? Let us know your thoughts below in the comments.  Buy and trade cryptocurrencies with a 100x multiplier on our partner exchange, StormGain.
Top crypto projects in the US | October 2024
Coinbase Coinbase Explore
Coinrule Coinrule Explore
3Commas 3Commas Explore
Uphold Uphold Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | October 2024
Coinbase Coinbase Explore
Coinrule Coinrule Explore
3Commas 3Commas Explore
Uphold Uphold Explore
Chain GPT Chain GPT Explore
Top crypto projects in the US | October 2024

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

photo_Anton_circle.jpg
Anton Lucian
Raised in the U.S, Lucian graduated with a BA in economic history. An accomplished freelance journalist, he specializes in writing about the cryptocurrency space and the digital '4th industrial revolution' we find ourselves in.
READ FULL BIO
Sponsored
Sponsored