Donald Mclntyre, a member of the ETCDEV development team, which was shut down last year due to a paucity of funds, has argued that Ethereum (ETH) is “not a valuable network except for experimenting.”
In an interview with CryptoGlobe, Mclntyre, who is also the former first Senior Vice President of one of the largest US banks, Morgan Stanley, said that Ethereum which recently underwent a hard fork dubbed “Constantinople” is only good for testing and showing what does not work. He said:
“Ethereum Classic pays attention to all activities in ETH and generally imports the new additions that may be useful for ETC. However, after they migrate to ETH 2.0 the paths of both networks will likely diverge significantly.”
Ethereum Classic will not transition to PoS
He acknowledged that Ethereum Classic had faced many challenges. He said the biggest problem had been ETC’s reliance on the Ethereum outfit. The recent migration of Ethereum to Proof of Stake (PoS) means Ethereum classic would be the only PoW and Turing network….