ETC Weekly Newsletter : Another Great Month Ahead

2/1/2017 Carlo V

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Hi everyone, thank you for checking out this week's ETC newsletter! One of the biggest stories featured is about Grayscale Investments potentially launching an ETC Investment Trust. Another big event is the upcoming ETCathon, set to take place February 24th to the 26th in Shanghai. Also in the news recently, The whitehat withdrawal contract has been extended for 2 months. There is a lot of other great news as well, like the recent AMA on 8btc and plans to have Alan McSherry from IOHK's Grothendieck team on "Let's Talk ETC". Special thanks to Avtar, Splix, Snaproll and Roy Zou and all the other ETC community members for the setting up and participating in the AMA.

The other stories featured in this newsletter are listed below:*

"Grayscale to Launch Ethereum Classic Trust..."

Article from Kevin Helms of Bitcoin.com breaking down the launch of Grayscale Investments new product for Ethereum Classic set to possibly launch in the first quarter of this year.

ETCathon in Shanghai, February 24th to the 26th.

ETCathon will take place at the China Financial Information Center in Shanghai. Sponsors include the BTC China exchange, CHBTC exchange and Digital Currency Group.

Whitehat withdrawal contract has been extended.

"We want to give the community extra time to withdraw their share, so the funds will remain in the Withdraw Contract for an extra 2 months from today...."

Monetary policy AMA on 8btc.

Special thanks to Avtar, Splix, Snaproll and Roy Zou and all the other ETC community members for the setting up and participating in the AMA.

Ethereum Classic Harmony

"Our friends from Ether.camp are proud to announce the release of Ethereum Harmony also available for ETC chain...."

Two new articles from Dr. Seberino.

The first article is about a smart contract language called serpent and the second article is about ETC's sha3 implementation.

Interesting thread on reddit about PoW/Pos and ETC/ETH.

Interesting post from Herman Schoenfeld with many great points, counterpoints, and rebuttals.

The value of the token model, by Fred Ehrsam.

"Since my prior post on app coins (I think the more appropriate term is now tokens or blockchain tokens) we’ve seen more and more projects use this model...."

Check out ETC.today!

Ethereum Classic Today! Your daily hit of ETC, Bitcoin, blockchain news and updates.

Let's talk ETC! Tuesdays at 7:30pm EST.

Every Tuesday at 7:30pm EST we will be discussing what's going on in the ETC community and beyond. The previous show (1-03-17) featured special guest "ProphetDaniel" who is a constant contributor from the ETC development community. We had the pleasure of discussing ETC development and blockchain in general. A link to the channel/show will be posted below, if you have ideas or questions please let us know. Thank you for subscribing to our latest updates and announcements!

ETC Monetary Policy

ETC Monetary Policy Proposal by @snaproll is now officially out as ECIP-1017

"This ECIP proposes a solution to the Ethereum Classic Monetary Policy to adjust, with finality, the current emission schedule implementation of 14.0625ETC per block in perpetuity. The solution proposed introduces a theoretical upper bound on the maximum absolute number of ETC and introduces a method of degraded emission over time. In addition, this ECIP describes the requirements associated with maintaining this emission schedule through a potential change of the network’s consensus algorithm, from its current Ethash based Proof of Work to a possible POS or POW/POS hybrid model." Please see the full post from github and reddit at the links below.

Monetary policy discussions are still in progress on many platforms. However, most of the conversation seems to be taking place on the #monetary_policy channel on slack. Please join us on Slack using the following link.

For more information on community participation please see this call to action post for guidance.

Ethereum Classic is looking for Rust & JS developers.

Igor aka Splix is looking for talented Rust and JS developers. Full time, remote. Experienced developers, which can lead projects, make architectural decisions and help other team members to do their job. Self motivated and able to work in a distributed team on Open Source software together with the community.

"Call To Action" still in effect. Looking for community contributions for the ETC Wikipedia page.

Reddit user "bitp" has brought it to the communities attention that the "Ethereum Classic" Wikipedia link currently redirects to "Ethereum". ETC community member /u/FaceDeer was previously a Wikipedia editor and has provided some insight on what should be done moving forward. One of his recommendations is that we start the process by adding to the Ethereum Classic section that is currently on the Ethereum Wikipedia page. ETC can then be given its own page after volunteers have submitted enough info. Please see his full post in the reddit thread linked below.

Community Metrics

  • Twitter - 33K followers.
  • Reddit /r/EthereumClassic - 3,022 subscribers.
  • Slack - 1,739 users.
  • Telegram - 783 users.
  • WeChat - 472 users.
  • Miners - 1039.85 Total GH/s

Top 5 miners by average hashrate from the previous 7 days.

  • EtherMine 203.56 GH/s
  • NanoPool 161.84 GH/s
  • F2Pool 87.39 GH/s
  • Epool 37.42 GH/s
  • Coinotron 24.05 GH/s

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