Ethereum Classic has been neglected for a long time since most people are focused on the main blockchain "Ethereum". However, this may change as the number of transactions with Ethereum rises sharply and the network is experiencing difficulties in processing. As a result, transaction fees already exceed one dollar. The transaction price is too low if compared to Bitcoin. But in the middle of last year, Ethernet's transaction fee was less than 50 cents. The fact is that the cost of the transaction increases with the load on the network. If this trend continues, the Ethernet network may be critical before applying Plasma, a new technology that will greatly increase network performance.
Because Ethereum Classic provides the same functionality. It is very easy to move from Ethereum to Ethereum Classic if such an overload occurs. This would result in a huge transfer of capital from Ethereum to Ethereum Classic. Here we can look at Bitcoin as an example. Since Bitcoin failed to integrate SegWit2x hard fork, hundreds of thousands of unverified transactions began to accumulate across the network, and the transaction fee rises to tens of dollars. This has made the Bitcoin 8MB blocks considered as a reliable alternative with the same functionality, but with much faster transactions and lower fees. This is one of the reasons why the price of Bitcoin Cash reached a record price of $ 3,000.
The prediction of something in the crypt-world is always uncertain. But if Ethereum starts to have problems with its transaction capacity, there is a great chance that the Ethereum Classic alternative will raise its price several times.
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