Renowned Mathematician and the Co-founder of the Cardano blockchain, Charles Hoskinson, has revealed strategies that will help drive Ethereum Classic (ETC) Price higher in the crypto market and transform the ETC blockchain into a more profitable, unique and a better platform.
Hoskinson explained that he had earlier met with the ETC CEO, Terry Culver, with an offer to proffer a lasting solution to the current challenges being faced by the blockchain network, but Culver afterward went on to publish blog post to decry his offer.
However, the lack of a clear concise roadmap that inspires and attracts investors’ attention remains one of the major issues that need to be fixed promptly on the ETC blockchain said Hoskinson, elucidating further that an adjustment of the ETC roadmap will draw-in miners to build projects on the blockchain.
Miners according to Hoskinson are bent for businesses and do not care about the number of tokens they were able to mine, as their major concern is the market demand and profit that could be realized from selling the token.
Hoskinson pointed out that miner has been investing into developing massive multi-million dollar mining industries on the Bitcoin blockchain because Bitcoin (BTC) is profitable. He went on to declare that no major development in term of token, dApps, or partnership has garnered real adoption on the Ethereum Classic Blockchain.
The Cardano Boss stressed that the ETC blockchain needs to put two things in place if it wants to grow higher in the crypto space; the first according to him is to put in place an independent and well-funded team that would not copy from the Ethereum (ETH) blockchain. The second is a clear vision. Hoskinson reiterating that the blockchain needs to wake up and set reasonable visions that are decentralized.
He further explained that he cared so much about the Ethereum Classic because he, alongside Vitalik Butterin, cofounded Ethereum in 2013. Since Ethereum Classic is an offshoot of Ethereum, Hoskinson said he wouldn’t be happy to see the project go down.
The IOHK CEO submitted that he loved ETC as it is one of the first major projects he participated in and he would always wish to remain part of the ecosystem, emphasizing that now is time to rise and make ETC great.