Ethereum Classic

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Unobtanium

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Sharechain

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Ethereum Classic

by Ethereum Classic

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Unobtanium

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Sharechain

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What problem does this service solve?

Ethereum Classic (ETC) is the original version of the Ethereum protocol that was maintained after the hard fork that took place in 2016. Ethereum Classic also aims to be a general purpose blockchain, but the majority of developers prefer the new fork of Ethereum, and most of ETC's on-chain activity is primarily speculative.Unobtanium is designed to be a commodity coin that will be a long term store of value.Sharechain does not appear to provide any significant benefits.

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Company Description

Ethereum Classic is the original protocol of Ethereum. As a result of the massive hack on the Ethereum-based DAO, in which around 14% of all ETH in circulation were stolen, a hard fork was proposed to return the stolen funds to their owners. This caused an ideological split revolving around the question of changing previous transactions in the blockchain. Some Ethereum holders rejected the hard fork, and decided to keep using the original protocol, based on the principle that the blockchain is immutable, and cannot be changed.

Unobtanium is a Proof-of-Work (PoW) cryptocurrency that uses the SHA-256 hashing algorithm. It was designed to serve as a commodity and store of wealth that would be less vulnerable to price fluctuations. The coin's supply is limited to counter inflation, and UNO coins were distributed in a manner that would discourage centralization. UNO can be merge-mined with Bitcoin.

Sharechain is developing a Proof-of-Work cryptocurrency platform. Their network is currently fueled by the Ethereum-based SSS token. Their marketing materials are unclear and do not offer any information about its advantages.

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