JASMINER X4: Ethereum Classic has a bright future

From obscurity to ubiquity, the cryptocurrency market has risen rapidly and has had a very interesting evolution.

According to some senior cryptocurrency advisors and enthusiasts, the crowning glory of the cryptocurrency space is Ethereum Classic (ETC). Ethereum Classic is an open-source, decentralized, distributed cryptocurrency primarily responsible for executing smart contracts, and has a lasting future development potential.

ETC is like ETH and designed on a highly secure blockchain to replace payments but create smart apps and contracts for users. It keeps track of a complete transaction history like any other blockchain technology in a shared database. It holds the record of the current state of smart contracts exploited by the blockchain that can be transferred to another user’s wallets.The process is supported by ERC-20 tokens extracted with the Proof of work process.

The blockchain ecosystem is based on the principle of revenue, creating hope, and it ensures that the community benefits from the functional advantages that blockchain brings. Since exiting Ethereum in 2016, ETC’s mission has been to make investors feel safe and transact at lightning speed. After years of technical thinking and strategic planning, the scientific development of ETC has made it easier for humans to obtain currency and manage assets in the field of encryption.

Ethereum Classic also has endless potential. In 2016, ETC started at $2.06 and rose to a peak price of $176.16 on May 6, 2021. The rallies in the prices of cryptocurrencies determine their volatility, and the re-development of this cryptocurrency and the realization of its functions explain the movement of its prices. Some experts predict that by 2025, ETC is bound to exceed expectations and its price will exceed the threshold of $1,811.

For Ethereum Classic, emerging development and evolution strategies have only yielded its multifaceted usability. It is well-maintained with plans to update the protocol to improve usability, security, functionality, and decentralization. This gives Ethereum Classic a number of advantages.

First, it is possible to have endless ether storage. Investors’ funds are securely stored on the Ethereum blockchain, with no intermediaries to control. Wallets got wider, storing more classic Ethereum.

Second, there is no risk of fraud. The feature that makes this cryptocurrency so widely popular and acceptable across the financial world is the absence of the risk of fraud. It uses a separate process to mine each block while taking into account the security of the peak system.

Third, it is cheaper than ETH. Considering it is cheaper than ETH, it is an ideal resource for beginners. However, that doesn’t make it any less in terms of potential. It remains in the top 20 of cryptocurrencies by market cap. Ethereum is expensive, and making transactions can also be an expensive thing. Therefore, ETC is a great option, especially for technical users.

Fourth, it is decentralized. Like other cryptocurrencies, Ethereum Classic is decentralized, with nodes located all over the world. It does not rely on legal parties, government agencies or expensive third parties to execute payments and transactions.

ETC is an open source and mineable cryptocurrency that utilizes a monetary policy similar to Bitcoin. What is certain is that Ethereum Classic is now booming. If people want to invest in Ethereum Classic, mining ETC is the best way and method. The author looked for the few mainstream ASIC miners on the global market that support the ETCHASH algorithm, and found that the JASMINER X4 High-throughput 1U-C server may be the best choice. Learned that it has a market-leading hash rate of up to 450MH/S±10%, and power consumption is only 240W±10%. According to the feedback from some well-known YouTube cryptocurrency bloggers and some well-known technology media, the JASMINER X4 High-throughput 1U-C server has excellent performance in terms of high-throughput computing power and power consumption in mining ETC-specific scenarios. From this point of view, the innovative high-throughput and low-power design has an absolute leading edge in computing power, which can bring users an extraordinary stable and smooth experience.

The Ethereum Classic blockchain marks a substantial difference from other cryptocurrencies by allowing blockchain developers to maintain smart contracts and launch open-source applications. The rising market in recent years has also made many cryptocurrency investors more and more favoring ETC. It is certain that Ethereum Classic will have a bright future.

Media Contact
Company Name: JASMINER
Contact Person: Panda Hou
Email: Send Email
Phone: 400-022-3866
City: Beijing
Country: China
Website: www.jasminer.com