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14471267 No.14471267 [Reply] [Original]

tldr; Ethereum Classic is smart contracts with planned Oracle functions integrated

>Why do we have faith in Ethereum Classic?
Besides the upgrades coming in September in which it will be fully compatible with Ethereum and all of its upgrades. Ethereum Classic is planning to adopting oracle functions on top of its smart contract platform


>What about Chainlink?
Think about it, Ethereum Classic is the computer hardware and the command prompt. Most people struggle to use the command prompt.

Now imagine the oracle function of Ethereum Classic as a built in OS. Why do you think people use Microsoft Windows or Mac OS? It is built in.

Don't forget that Ethereum Classic also can create ERC-20 tokens like Ethereum. So image the Ethereum Classic oracle acting as an operating system for these ERC-20 tokens

>What is Ethereum Classic?
It is the original Ethereum blockchain that did not fork. Think of Ethereum Classic as BTC. Think of ETH as BCH

>Why Oracles for Ethereum Classic but not ETH?
ETH is going to proof of stake for its innovation. However, ETC wants to keep the original blockchain as much possible. By adopting oracles in its code, it can better accept correct information for its smart contract functions. Think of lightening network, but for smart contracts

>Why is there a transaction delay?
Because you are using Coinbase. Coinbase wants to have multiple confirmations so they can make sure there are not any non-ETC sent. To get instant deposits and transactions use another exchange

>Ethereum Classic Upgrade News
https://finance.yahoo.com/news/discovering-atlantis-ethereum-classic-hard-193700431.html

>> No.14471272

ya but why not eth

>> No.14471347
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14471347

>>14471272

ETH is not planning to adopt oracles any time soon. They had already dismissed attempting to even solving the problem back in 2014

https://blog.ethereum.org/2014/07/22/ethereum-and-oracles/

>Why Oracles for Ethereum Classic but not ETH?
ETH is going to proof of stake for its innovation. However, ETC wants to keep the original blockchain as much possible. By adopting oracles in its code, it can better accept correct information for its smart contract functions. Think of lightening network, but for smart contracts