RATE Group | Ethereum Classic (ETC) Might Soon Be The Face Of IOT And The Fourth Industrial Revolutio…
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Ethereum Classic (ETC) Might Soon Be The Face Of IOT And The Fourth Industrial Revolutio…

28 Aug Ethereum Classic (ETC) Might Soon Be The Face Of IOT And The Fourth Industrial Revolutio…

Posted at 05:20h in Ethereum News by

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Ethereum Classic Chart With Values

Chart for ETC/XBT (1W)

Ethereum Classic (ETC) has been fully focused on immutability and decentralization from the very beginning, but in markets like these where most investors are focused on quick returns rather than long term investments in promising technologies, concepts of immutability and decentralization did not matter much in itself. However, what most investors failed to realize was that this amalgamation of immutability and decentralization is what makes Ethereum Classic (ETC) the best fit for emerging technologies like the Internet of Things (IOT) and the Fourth Industrial Revolution.

Most blockchain projects today are centralized. This can be a good thing short term but a bad thing long term. For new projects that are centralized, it gives their creators more freedom and control to experiment and regulate. However, as the project evolves it is up to the creators and core developers to give up control and allow the blockchain to become more decentralized. This was the…

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