![]() The Cardano founder offered to help bail out the platform when it suffered a series of 51% exploits. Notably, the ETC community has been unwelcoming of Hoskinson’s involvement with the project in the past. However, several community members found the idea unappealing, especially the miners as it would see their mining rewards cut down. As part of this, Hoskinson suggested the team make adjustments to the ETC block rewards allocation on the platform. The IOG CEO’s contentious proposal entailed setting up a decentralized treasury protocol as well as a development fund for Ethereum classic. However, Hoskinson exited the project with the parties involved citing differing views on the right path for Ethereum. ![]() Interestingly, the Cardano founder was originally part of the Ethereum core team. In fact, just last year, he became a member of the Ethereum Classic Cooperative’s Board of Directors. Since the 2016 hard fork that birthed Ethereum Classic, Charles Hoskinson has been very supportive of the platform. The aforementioned sustainable development fund appears to be what triggered the Twitter spat. Potentially Smaller Mining Rewards Stir Community Unrest In July this year, he described the Ethereum Classic community as very welcoming and encouraged PoW supporters to use the platform. Interestingly, Ethereum founder Vitalik Buterin does not share the opinion that ETC is a dead project. ![]() It’s a dead project with no purpose or real compelling argument to exist outside of spite,” he said. ETC still gives me sadness for what could have been. I love how a sustainable development fund turns into a miner tax. Roo's All-In Giveaway, $300,000 in Prizes!
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