ETC's rise is amazing, Coinbase regrets it and may officially launch ETC

This is the first weekly report of 2017. This year will be a year full of miracles. The blockchain bull market has been fully launched. As of the time of writing this article, the 20 companies with the highest market value in the world have given the green light to blockchain. Thank you very much to all developers, miners, users, investors and other community members. It is because of you that the past year has been so special.

This week’s news includes an update to the “ DieHard ” protocol. This update will be made at block 3,000,000 , which is approximately January 15th. Thank you for your contributions to “DieHard”, without the hard work of ETC developers we would have been hard pressed. This protocol update includes:

1. Difficulty Bomb Delay (ECIP-1010)

2. EXP Repricing (EIP-160)

3. Replay attack protection (EIP-155)

Another big news is that Coinbase CEO Brian Armstrong is considering listing ETC.

Last week's weekly report was very informative, so I decided to publish it again. After all, everyone was busy during the holidays and might have missed last week's news. The following is a summary of this week's report:

1. Geth node synchronization problem

2. ETC recruits Rust and JS developers

3. The first ETC exchange is launched

4. ETC is officially launched on the Montreal Exchange

5. OpenBazaar integrates ShapeShift function, allowing users to use ETC for shopping

6. IOHK Company Updates

7. BTCC mining pool provides computing power support for ETC

8. ETCWin ICO Celebration

9. News and information sharing platform ETC.today

10. Epool's mining tutorial video

11. Dr. Seberino published an article on zero-knowledge proof

12. Coindesk publishes two ETC articles

13. "Let's Talk ETC" youtube channel

14. ETC Monetary Policy

15. ETC Wikipedia Page Construction

16. Community Index

We are looking forward to the coming of the new year. On behalf of the ETC community, I would like to wish you all the best during the holidays and a happy new year!

ETC Geth Client 3.2.3 Protocol Update, AKA “DieHard”

This update will be made at block 3,000,000, which is approximately January 15th. The update includes:

1. Difficulty Bomb Delay (ECIP-1010)

2. EXP Repricing (EIP-160)

3. Replay attack protection (EIP-155)

Coinbase CEO Brian Armstrong is considering listing ETC!

Here are Armstrong's own words:

Yes - in retrospect that was probably a mistake (not supporting ETC). I would not be opposed to listing ETC if users are interested.

In addition, he also launched a vote on Twitter to let users choose which coins to list in the future. If you support ETC, please tell him your attitude!

Geth node issues

Many ETC Geth users said that when the client was just installed, there was a problem with node connection failure. If your full node cannot perform node search, you can try to manually add a static node.

Epool has released the latest ETC node list.

ETC recruits Rust and JS developers

Igor (Splix) is recruiting excellent Rust and JS developers, full-time, remote working. The specific requirements are as follows: have project leadership skills, can make important decisions, and help team members work smoothly; be proactive, need to adapt to the decentralized nature of open source software project teams, and learn to cooperate with the community.

The first ETC exchange goes online

ETCWin is the first ETC exchange, and the ICO was conducted on 8btc, a Chinese cryptocurrency community. Currently, Win tokens have started trading.

ETC is officially launched on the Montreal Exchange

Many customers have been asking us when we can launch cryptocurrencies other than Bitcoin. We have been paying attention to other emerging cryptocurrencies. Here, we announce that ETC trading will be officially launched today! ……

OpenBazaar integrates ShapeShift function, allowing users to use ETC for shopping

Blockchain asset trading platform ShapeShift.io has partnered with Bitcoin trading market OpenBazaar. OpenBazaar has integrated the ShapeShift conversion button, and the platform currently supports multiple cryptocurrency payments, including ETC.

IOHK publishes two blockchain papers

1. Ouroboros, the first blockchain security protocol based on PoS mechanism, has security comparable to that of Bitcoin blockchain.

2. Innovation and analysis of scripting languages ​​for smart contracts on Bitcoin, ETH and NXT blockchains (full text download in Coin Library).

BTCC mining pool provides computing power support for ETC

In August this year, BTCC COO Samson Mow announced plans to launch an ETC mining pool.

I plan to launch an ETC mining pool. Who is interested in participating in the test? It will take about a week.

Now this mining pool is officially launched.

Everything is going according to plan. The computing power of BTCC's ETC mining pool has exceeded 40GHz and is continuing to grow.

ETCWin ICO Celebration

ETCWin held an ICO thank-you meeting in mid-December, which brought together many ETC enthusiasts.

News and information sharing platform ETC.today

The content of this platform mainly covers news in the fields of Bitcoin, ETC and blockchain.

Epool's mining tutorial video

Epool released an ETC mining tutorial on YouTube.

Dr. Seberino published an article on zero-knowledge proof

The article discusses the concept, application and specific implementation plan of zero knowledge proofs.

Zero-knowledge proof is an improvement on the authentication system, which can remove third-party escrow services, bring higher privacy to blockchain applications, etc. Who would have thought that an abstract mathematical concept could have such great potential!

Coindesk publishes two ETC articles

ETC price reaches four-month high

On December 29, the price of the digital currency ETC (ether classic) increased by 30%, creating a four-month high. The price trend of this day has strengthened the confidence of many ETC supporters: ETC and its platform have the potential for long-term development.

ETC price rises

With multiple developments on the smart contract platform ethereum classic, its token ETC has risen by more than 50% this week and is still showing signs of continued growth.

"Let's Talk ETC" youtube channel

Every Tuesday at 7:30 pm EST, we will talk about the latest developments in the ETC community on this show. This week's show features "ProphetDaniel", a long-time contributor to the ETC development community. We will discuss topics such as ETC development and blockchain in the show.

ETC Monetary Policy

The ETC monetary policy submitted by @snaproll has been officially adopted and incorporated into ECIP-1017 (ETC Improvement Protocol).

ECIP-1017 is the final revision of ETC's monetary policy, which limits the current issuance of one block to 14.0625 ETC. The improvement agreement proposes the theoretical maximum issuance of ETC and a specific issuance reduction plan. In addition, ECIP-1017 also explains how to maintain the currency issuance plan by changing the network consensus algorithm, which may be from the current PoW to PoS or a hybrid model of PoW+PoS.

Discussions on ETC’s monetary policy are taking place on many social media platforms, but are mostly concentrated in the Slack #monetary_policy channel.

If you want to learn more and participate in community building, relevant posts on Reddit may give you inspiration.

ETC Wikipedia Page Construction

Reddit user "bitp" posted that the current Wikipedia link of ETC has been directly transferred to ETH. ETC community member /u/FaceDeer was once an editor of Wikipedia and provided a lot of professional advice on this. He suggested that the community first add ETC content to the Wikipedia page of ETH, and then call on volunteers to submit and add more information, so that ETC can have an independent page.

The development of the community from the numbers

The community activity is as follows:

Twitter — 33,100 followers
Reddit /r/EthereumClassic — 2,939 subscribers
Slack discussion group – 1,629 participants
Telegram (communication app) — 783 users
WeChat — 472 users

Mining community updates:

Miners – 885.04 GH/s (Source: Gastracker.io)

The top five mining pools by hashrate in the past seven days:

EtherMine – 181.66 GH/s
NanoPool – 180.24 GH/s
91pool – 173.73 GH/s
PrivatePool – 109.76 GH/s
F2pool – 80.06 GH/s