The creator of Cardano (ADA) and co-founder of Ethereum (ETH) – Charles Hoskinson recently talked about Ethereum Classic (ETC) at the Ethereum Classic summit that took place in South Korea. The creator of Cardano (ADA) is very bullish on Ethereum Classic (ETC), not just as a digital currency but as a blockchain project. Hoskinson stated that since Ethereum Classic (ETC) was launched, it has taken after the original culture of Bitcoin (BTC), adding that ETC could end up following Bitcoin (BTC)’s path in the future.

Why Charles Hoskinson Believes Ethereum Classic Is Following the Path of Bitcoin (BTC)

Hoskinson believes that ETC is similar to BTC simply because it’s a project that is maintained by a few numbers of people. Unlike other blockchain projects that depend on an entire community of engineers and developers, Ethereum Classic (ETC) is maintained by a close-knit team, in the way Bitcoin (BTC) was from inception. This, in return, allows for nimble growth and more efficient governance on a diplomatic level.

SEE ALSO: JP Morgan internal Cryptocurrency prediction report: Bitcoin, Bitcoin Cash, Ethereum, Ripple, Cardano, Dash, Litcoin etc are here to stay – Cryptocurrency News Today – Tue Sept 18

Ethereum Classic (ETC) Price Today – ETC / USD

Name Price 24H (%)
$6,279.07 -3.21%
$10.37 -6.9%

What the Future Holds for Ethereum Classic (ETC)

Ethereum Classic (ETC) was once a spin-off, a cult symbol of Ethereum (ETH) that wanted to remain as close as possible to the roots of Ethereum (ETH). As a result, the blockchain project remained a root of Ethereum (ETH) for the super fans and therefore didn’t attract a great deal of interest from investors.

Nevertheless, with mainstream interest coming from partnerships and listings on trading platforms such as Coinbase, the digital currency is becoming more popular. In the same way, Bitcoin (BTC) moved from being an underground cultural icon to become a global mainstream investment opportunity.

The more you look at it, the clearer the relation of Ethereum Classic (ETC) to Bitcoin (BTC) becomes. If Hoskinson is right here, the next few years could be extremely important for Ethereum Classic (ETC) indeed.


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