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Ethereum Classic Without Free Coins

Ethereum Classic Without Free Coins

Developers of Ethereum Classic officially announced on Twitter that the coin awaits hardfork. This is necessary in order to eliminate the "complexity bomb".

This so-called "complexity bomb" was originally incorporated into the Ethereum Foundation algorithm. Its main function is the transition from Proof-of-work, to Proof-of-Stake. But since Ethereum Classic does not plan to switch to a new algorithm, this hardfork is a forced measure. But the new coins will not be credited, as the blockchain is not going to be divided. Approximately it will happen around May 24.

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