Ethereum Classic [ETC] to host first trial run of sidechain and cloud experiment
Ethereum Classic [ETC] to be hosting the first trial run of the sidechain and cloud experiment. The experiment will be based on proposal designed by the team of Ethereum Classic. The proposal talks about the use cases, problems and solutions and more.
And, for this project, the dev team of ETC will reportedly be collaborating with an open-source infrastructure software, OpenStack. According to AMBCrypto report, in the proposed mission for the experiment ETC wrote their long-term goal was to establish a ‘single unified entrance for member public cloud freemium offerings’
However, it’s not as simple to achieve as it sounds. The technical hurdles to achieve the same are complex. To understand why ETC has been chosen to help, one needs to know that cloud federation is extremely difficult to achieve in reality. The legal and technical problems in its execution makes it unachievable.
Why Ethereum Classic was chosen?
There are a number of reasons why Ethereum Classic was chosen for the first trial run – firstly, ETC development team is perfect for the project and the crypto is not a part of the ‘ICO craze’. Second is the blockchain’s inclination towards the Proof-of-Stake [PoS] protocol, leaving the preservation of Proof-of-Work [PoW] to Ethereum Classic’s hand. According to the proposal, PoW is the only mechanism that qualifies for a secure consensus on public chains, making it ideal to run on the main chain. Moreover, Ethereum Classic holds the most significant features of Ethereum, and one of them being smart contracts.
Join our telegram group