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| 1 | +--- |
| 2 | +title: Long Term Outlook for Ethereum Classic |
| 3 | +date: 2018-03-02 |
| 4 | +author: pyskell (Anthony) |
| 5 | +--- |
| 6 | + |
| 7 | +[Read this article on Medium (looks nicer)](https://medium.com/@pyskell/long-term-outlook-for-ethereum-classic-b6f1643f8f70) |
| 8 | + |
| 9 | +Lately there’s been a lot of speculation about ETC, the price is rising, the |
| 10 | +Callisto airdrop is happening, and Crypto Twitter is tweeting up a storm about |
| 11 | +ETC. Some are certainly trading for short term profits, and it’s their right to, |
| 12 | +but they’re not seeing the forest for the trees. Even worse, some have dubbed |
| 13 | +ETC a shitcoin, as if we’ve existed this long to just be another pump and dump. |
| 14 | +We haven’t, we aren’t, and we won’t be if I have anything to say about it. |
| 15 | + |
| 16 | + |
| 17 | + |
| 18 | +This article sets out to give some insight into the advancements ETC has made |
| 19 | +and the bright roadmap it has for its future. |
| 20 | + |
| 21 | +The future of ETC is the future of all Cryptocurrencies, and that future is |
| 22 | +interoperability, there will be no one winner. ETC will become highly |
| 23 | +interoperable while others naively fight to be dominant. |
| 24 | + |
| 25 | +> At the core of our sidechains is SputnikVMwhich can run smart contracts |
| 26 | +> anywhere... You can do this **today**. Not at some nebulous time in the future. |
| 27 | +
|
| 28 | +#### Sidechains |
| 29 | + |
| 30 | +We’re going to have sidechains this year, transactions on them will be free, and |
| 31 | +even very low powered devices will be able to use them. We’ll be the first |
| 32 | +blockchain to properly address the needs of IoT devices. While others claim to, |
| 33 | +and start announcing partnerships before anything even works, we’ll be the first |
| 34 | +to really get it done. |
| 35 | + |
| 36 | +At the core of our sidechains is SputnikVM which can run smart contracts |
| 37 | +anywhere, such as [in the |
| 38 | +browser](https://github.com/sorpaas/sputnikvm-in-browser) or you can [put it in |
| 39 | +embedded devices](https://github.com/sorpaas/sputnikvm-on-rux). You can do this |
| 40 | +**today**. Not at some nebulous time in the future. |
| 41 | + |
| 42 | +Our sidechains will be highly flexible. They’ll allow whoever created them to |
| 43 | +choose between PoA or PoS approaches. They can be public, private or otherwise |
| 44 | +permissioned depending on your needs. |
| 45 | + |
| 46 | +#### Ease of use |
| 47 | + |
| 48 | +Every blockchain still needs to improve their usability but we’ve made great |
| 49 | +strides. We’ve got beautiful, well-working wallets (Emerald Wallet, CEW). A |
| 50 | +simple DNS-like system (via CEW). Mobile wallets exist and more are coming. |
| 51 | +We’re supported everywhere, we’re on every major exchange, we’re very popular |
| 52 | +internationally, we’re even making our way into Cardano’s wallet. |
| 53 | + |
| 54 | +> Sent myself some ETC and it showed up in Emerald Wallet in about 20 seconds. |
| 55 | +
|
| 56 | +#### Easier development |
| 57 | + |
| 58 | +Currently developing for blockchain tech is fairly low-level, while we have |
| 59 | +languages like Solidity which very much look like JavaScript, they function like |
| 60 | +a low-level language. This leads to a lot of difficulty in development and a lot |
| 61 | +of bugs cropping up. |
| 62 | + |
| 63 | +Emerald Project will provide a common high-level framework to ease development |
| 64 | +on Ethereum Classic. Imagine libraries where integrating with hardware wallets |
| 65 | +is as easy as `ledger.connect()`, or interacting with tokens is as simple as |
| 66 | +`Token t = new Token(0xbeef..); t.transfer(0xfa34..)`. This is just pseudocode |
| 67 | +but that’s where we are heading. No messing with RPC or hunting down ABIs |
| 68 | +necessary. |
| 69 | + |
| 70 | +Emerald Project doesn’t end at just the code though, it also extends to the UI. |
| 71 | +Check out Emerald Wallet, look how great it looks, your apps will be able to |
| 72 | +seamlessly drop in the same elements. On the user end the consistent UI will |
| 73 | +create a familiar and cohesive feel across ETC projects. |
| 74 | + |
| 75 | +Improved developer documentation is also coming and will be announced in the |
| 76 | +coming months. |
| 77 | + |
| 78 | +#### Emerald Wallet |
| 79 | + |
| 80 | +Installing Emerald Wallet took me literally 1 minute to install and immediately |
| 81 | +start using ETC. |
| 82 | + |
| 83 | +I’ve also just installed Mist for Ethereum and it looks like I’ll be waiting a |
| 84 | +while. I clicked on “Launch Application” several times and nothing is happening. |
| 85 | +I seem to just be stuck on block `10,240` now. |
| 86 | + |
| 87 | +While in Emerald Wallet I sent[myself some |
| 88 | +ETC](https://gastracker.io/tx/0xdbe0f99de8abe3f45b8077dc66617f7659acd6e66ea415d6be100585f2735c10) |
| 89 | +and it showed up in Emerald Wallet in about 20 seconds. |
| 90 | + |
| 91 | +Mist on the other hand appears to have crashed. I restarted it. |
| 92 | + |
| 93 | +Back to waiting. |
| 94 | + |
| 95 | +In fairness it did eventually sync. And before you get mad that this is a dig at |
| 96 | +Mist developers, it’s really not, developing a good wallet is hard work, it is |
| 97 | +not easy, errors happen, and I’m sure they’ll fix these above issues. |
| 98 | + |
| 99 | +This is simply to illustrate that ETC does have a good wallet which is able to |
| 100 | +go from install to using the ETC network in about a minute. Those who claim ETC |
| 101 | +can’t accomplish a “simple” task like a wallet are misinformed at best and |
| 102 | +willfully ignoring the issues within their own communities. |
| 103 | + |
| 104 | +#### Open community |
| 105 | + |
| 106 | +The Subreddits, Forums, Discord, and Telegrams all have separate owners. |
| 107 | +Discussion is very open and you’re not required to agree with the crowd. |
| 108 | + |
| 109 | +We’re very anti-pump and dump, want to know why ETC’s price doesn’t rise |
| 110 | +endlessly like other coins? Because when you join our forums you may very well |
| 111 | +find that many in the community won’t promise you the moon, and we’re aware of |
| 112 | +our flaws and working hard to fix them. We think this will make ETC much more |
| 113 | +widely used in the long term, at the cost of short term lambo-moon pipe dreams. |
| 114 | + |
| 115 | +We’re also not going to police you and tell you what to believe in or what not |
| 116 | +to. And we’re not going to put our names/faces on every project that comes |
| 117 | +along. We have principles and we will stick to them. |
| 118 | + |
| 119 | +[Follow me on Twitter](https://twitter.com/pyskell) |
| 120 | + |
| 121 | +[Follow me on Medium](https://medium.com/@pyskell) |
| 122 | + |
| 123 | +Coder, Project Manager, Blockchain enthusiast |
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