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RE: ETH vs. ETC - What matters is the future.

in #ethereum8 years ago

Vitalik Buterin confirmed via Twitter that he will work 100% on ETH and still won't support ETC, even if the price of ETC overtakes the price of ETH.

One should take Vitalik's word with a grain of salt. If he were so anti-ETC, then foundation's ETC holding should have been dumped by now. Many early ETH holders dumped their ETC for a few Satoshi because they believed foundation will put their money where their mouth is. But, that did not happen. Foundation is still holding ETC and thereby helping the ETC price to grow.

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I agree, instead of strong leadership like you see with Dan and Ned at Steemit... Vitalik and the Ethereum Foundation have deferred at every turn to vague notions like "consensus". Try to imagine Steve Jobs building Apple via "consensus".

Dan called it...

https://steemit.com/crypto-news/@dan/is-the-dao-going-to-be-doa

In 2 months, ETH has gone from challenging Bitcoin to being locked in an existential quagmire.

@Dantheman had amazing foresight at the DAO's early stages. He picked it apart in a way that was clairvoyant. What's shocking is that he had devised the STEEM project, which basically was everything opposite of what the DAO was. And look at its success so far and massive adoption!