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Ethereum Classic [ETC] support with Metamask coming soon, says ECC Director

Anirudh VK

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Ethereum Classic [ETC] support with Metamask coming soon, says ECC Director
Source: Unsplash

Metamask, the Ethereum browser and wallet known for its cute fox mascot, will soon support Ethereum Classic. In an announcement on Twitter, Anthony Lusardi, the Director of the Ethereum Classic Cooperative, said:

“The @metamask_io PR for $ETC support isn’t finished but it is working!”

Metamask is a bridge software that takes the form of a browser extension for Chrome, Firefox, Opera, and Brave Browsers. The software allows for the execution of Ethereum dApps without the need for a full Ethereum node. It also features a security identity vault and a wallet for Ether transactions.

Ethereum Classic recently saw a pump in price, with a 9.89% growth over 24 hours. From its previous trading price of $13.60, the price of the coin saw a hike to $15 within a few hours. Even as it fell down to just below the $15 mark, it is sitting right below the resistance at $14.99.

The coin was recently listed on Binance, with ETC/BNB and ETC/USDT pairs. It was also released on Coinbase, Coinbene, and Nova Exchange.

Ethereum Classic is a product of the split that occurred on the Ethereum blockchain due to the failed implementation of the Decentralized Autonomous Organization.

Due to a bug in the implementation, $50 million was stolen. To prevent the misuse of these funds, a hard fork was proposed. The new implementation was given the name Ethereum and the old fork was called Ethereum Classic.



The fork in question is not backwards compatible with the current Ethereum blockchain, making any future development of the Ethereum blockchain incompatible with this specific fork.

Crypto enthusiast, Rex Simon said:

“Metamask adding support for Ethereum Classic is just the latest development in the wave of new support for the coin. People in the ETC camp will say this is the beginning of the future for adoption, but it is still left to see how far this will go.”





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Anirudh VK is a full-time journalist at AMBCrypto. He has a passion for writing and interest towards the future of blockchain technology and cryptocurrencies. He does not own any cryptocurrencies currently.

Bitcoin

Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra

Febin Jose

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Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra
Source: Pixabay

Bitcoin [BTC], the world’s largest cryptocurrency, saw a significant surge earlier this month, helping the coin break strong resistance at $5,000 and $5,200. Following the great fall of the king coin in early 2018, the Bitcoin ecosystem was struggling with scalability and technological issues, eventually leading to the hard fork.

Bitcoin.org’s Cobra, who is also the co-owner of Bitcointalk.org, has always maintained that Bitcoin was the cryptocurrency to look out for through his various Twitter bouts with prominent personalities in the cryptoverse. Due to his strong, unbridled support for Bitcoin, he has often trashed altcoins for their low market dominance.

In a new Twitter thread, Cobra spoke about the “biggest threat” to the Bitcoin ecosystem. Even though many crypto-enthusiasts believe that governments and technological issues were the biggest threats to the king coin, Cobra had a completely different opinion.

According to the Bitcoin maximalist, users have the potential to signal Bitcoin’s doom. His tweet read,

Source: Twitter

Source: Twitter

Though most Bitcoin supporters usually support his opinions, this tweet was met with a lot of resistance. Twitterati swarmed the thread in an attempt to prove him wrong. A user named @MrHodl alleged that this could not be true as Bitcoin had “no community.” He added that this, in turn, prevented toxicity in the ecosystem.

Cobra replied to the tweet stating,



“I think there is a community, it’s just not fully representative of everyone with a stake in Bitcoin. Most holders are quiet and not too familiar with what’s going on. There’s people with 1000+ BTC and they don’t engage at all with discussion platforms, just lurk.”

Some Twitter users took it as an attack on Bitcoin investors and opposed Cobra’s stance. A user @CarstenBKK commented,

“Maybe I am lost in translation. What do you wanna tell us? That you are part of Bitcoin network of people owning/using it, but you are just disgusted by the idea, that the network is called community in the sense of direct human collaboration and affection to the groups ideals?”

Previously, Cobra had accused Twitter’s Jack Dorsey and Square Crypto of pandering to Bitcoin users, while also suggesting that the crypto project was merely a way to bring in more users for Dorsey’s CashApp. His tweet read,

“Gotta respect how hard @sqcrypto is pandering to Bitcoiners. Very clever how @Jack has embedded himself in the community; in return the community promotes @CashApp, which gives that service a small but dedicated and activist group of early users.”





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