670K follower ETH Classic account turns into Ergo: What happened?
Cardano founder Charles Hoskinson has repurposed the Ethereum Classic Twitter account to now benefit the Ergo Platform. Followers of the Ethereum Classic Twitter account may have found themselves the unintended fans of an entirely new crypto project after Cardano founder Charles Hoskinson turned the account into the new community page for the Ergo community.The Ethereum Classic account had built up over 600,000 followers since its inception in July 2016, and up until Sept. 15, it has been used to post about Ethereum Classic.As of Oct. 6, however, the Twitter page now reflects the Ergo....
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As cryptocurrencies continue to gain more traction towards mass adoption, it is important to revisit the inspiration for the genesis of blockchain technology. Cryptocurrencies offer the promise of a decentralized finance (DeFi) future and an alternative to economic models that continue to limit the way citizens control their money. Ergo’s platform was born out of a desire to create the tools necessary to empower the average citizen and decrease the centralized power of money. Ergo — What is it? It could be said that Ergo combines a few of the best aspects of Bitcoin (BTC) and Ethereum....
PRESS RELEASE. Bitcoin.com Exchange is ecstatic to announce the listing of ERG, being available to trade on the 3rd August 2021 at 10:00AM UTC. Ergo was created by its team to build advanced cryptographic features and radically new DeFi functionality on the rock-solid foundations laid by a decade of blockchain theory and development. ERG will start trading with BTC and USDT pairs. What is Ergo? Ergo is designed for developing decentralized applications with the main focus of providing an efficient, secure and easy way to implement financial contracts. Ergo’s advanced cryptographic....
It goes without saying this debacle has been spurring a new debate among Ethereum enthusiasts. Many people feel the developers should send a cease and desist letter to the ETC developers for violating the Ethereum trademark. Although things have been relatively quiet around the DAO for some time now, a new development has occurred. A large amount of Ethereum Classic funds was still eligible for withdrawal by the hacker. As it turns out, the funds have been moved several hours ago. However, the ETC price across exchanges is not dipping, and the coins are not being dumped. Ever since The DAO....
Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on transitioning to other Ethash compatible coins like ethereum classic, ERGO, and the new fork ETHW. Now Ethereum blocks are verified by validators and at the time of writing, there are 429,278 validators. However, a great deal of the 13.7 million staked ethereum is held by four known providers. 4 Known Providers Hold 59% of the Staked Ethereum Today Bitcoin.com News reported on Lido possessing 30%....
All of this comes on the heels of the self-professed white hat hackers stating how “the funds are secure”. There seems to be some confusion regarding the white hat hackers who allegedly obtained the 7 million ETC from The DAO assailant. Whereas most people were under the impression this funds would be returned to DAO token holders, the reality is very different. Several of the transactions were sent to Kraken and Poloniex addresses. There is no official statement as to why this decision was made, or what it even means. Keeping 7 million Ethereum Classic coins is not an easy task. Even if....