Cryptocurrency Q&A Why is ETC controversial?

Why is ETC controversial?

Bianca Bianca Thu Oct 24 2024 | 6 answers 1426
ETC is controversial because it is a cryptocurrency that emerged from a hard fork of Ethereum, which caused a split in the community. Some support ETC due to its immutability and resistance to censorship, while others criticize it for being associated with the DAO hack and potential security risks. Why is ETC controversial?

6 answers

isabella_bailey_economist isabella_bailey_economist Fri Oct 25 2024
The primary objective of this new version was to reverse the transactions linked to the DAO attack.

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IncheonBeautyBloom IncheonBeautyBloom Fri Oct 25 2024
The Ethereum community faced a significant challenge following the DAO attack.

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DigitalWarrior DigitalWarrior Fri Oct 25 2024
By doing so, the Ethereum community aimed to restore the stolen Ether to its rightful owners.

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GeishaGrace GeishaGrace Fri Oct 25 2024
To address this issue, a controversial proposal emerged - a hard fork.

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Andrea Andrea Fri Oct 25 2024
BTCC, a top cryptocurrency exchange, offers a range of services including spot, futures, and wallet.

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