Ethereum Classic History and Recovery

Ethereum Classic antifragility and Lindy effect due to its cypherpunk roots.
A tale of Code Is Law philosophy, resilience, and Lindy effect.

In this episode of the Ethereum Classic podcast I talk about the history of Ethereum Classic (ETC) and its recent recovery in price and hash power.

The topics I discuss are:

A. Ethereum Classic’s 10 stages in its history:

1. Founding period
2. 2017 bubble
3. ETCDEV / ETC Labs / Krykoder / Github crisis.
4. January 2019 51% attacks.
5. October 2019 ETC Summit.
6. January of 2020 rally; #10 on CoimMarketCap.
7. COVID-19 crash.
8. August 2020 51% attacks (devastating).
9. Emergency upgrades by Core Geth team and re-launch of Mantis Client by IOHK.
10. The recent recovery: ETC Coop’s and Alex Tsankov’s SHA3 project; Mantis progress; Lindy effect and anti-fragility of ETC and a philosophy of “Code Is Law”.

B. The Ethereum to ETC market capitalization ratio.

C. ETC price target (short term).

D. The importance of price and how it increases security and stability.

Slides:

A tale of Code Is Law philosophy, resilience, and Lindy effect.
A tale of Code Is Law philosophy, resilience, and Lindy effect.
ETH to ETC market cap ratios.
ETH to ETC market cap ratios.
ETC price target based on the ETH tp ETC average ratio.
ETC price target based on the ETH tp ETC average ratio.

Code Is Law

Author: Donald McIntyre

Read about me here.