Why Is Etc Crypto Going Up - Samuelpaganoto.com

Last Updated on December 14, 2023 by Paganoto

Proof of work – Wikipedia

Ethereum's rebound has been among the sharpest among the top cryptocurrencies, primarily due to the euphoria surrounding its potential network upgrade in September. Dubbed "the Merge," the long-awaited technical update will switch Ethereum from proof-of-workproof-of-workProof of work (PoW) is a form of cryptographic proof in which one party (the prover) proves to others (the verifiers) that a certain amount of a specific computational effort has been expended. Verifiers can subsequently confirm this expenditure with minimal effort on their part.https://en.wikipedia.org › wiki › Proof_of_work

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Why is Ethereum Classic (ETC) Price Rising Today?

WHO’S GOING TO GAIN FROM THIS?

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Ethereum Classic (@eth_classic) / Twitter

The mining pool is throwing its weight behind the Ethereum-offshoot alternative that will continue to mine using proof-of-work. This is why $ETC.

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Ethereum Classic [ETC] saw exponential growth after a streak of green candles from its 15-month support near the $13.6-mark.

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