Can Ethereum Classic (ETC) acheive parity or even exceed Ethereum's (ETH) price and network hashrate?
ethereum·@extricati0n·
0.000 HBDCan Ethereum Classic (ETC) acheive parity or even exceed Ethereum's (ETH) price and network hashrate?
<p><center><img src="https://s19.postimg.org/anuzs2ww3/1_n_IUazw_u3_KCh_CX89f_Lg_LDg.png" /></center></p> <p><br /></p> <p>The listing of ETC on several major exchanges has created quite the stirring response from the community. With a total trade volume of over 120,000BTC for the past 24 hours, its clear that there are many who still believe in the immutable pre-HF blockchain. </p> <p>Several large miners are also voicing their opinions as they switch their hashing power over to the significantly more profitable non-forked blockchain. Current ETC difficulty is at 12.78% of ETH, which means that even though ETC's current price sits much lower than ETH, the lower difficulty compensates for the disparity quite significantly. </p> <p>Ethereum's total hash rate has dropped over a staggering 20% from Sunday's all time network high of 4449 GHs. The network hash-rate currently sits at just above 3500 GHs, with the ETC network hash-rate breaking 700GHs already. <em>ref: </em><a href="https://etherscan.io/charts/hashrate" rel="noopener"><em>https://etherscan.io/charts/hashrate</em></a><em> </em></p> <p>My question is do you think ETC will ever achieve parity or even exceed ETH in terms of price and total network hash-rate? Or consider the possibility of both coins co-existing? We have encountered new territory in the world of crypto-currencies. </p> <p><em>picture courtesy of: https://ethereumclassic.github.io/</em></p>