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According to an official statement released Jan. 29, Bob Summerwill, developer of the blockchain technology company ConsenSys, joined Ethereum Clbadic Cooperative as executive director.
The Ethereum Clbadic cooperative manages the development and growth of the Ethereum Clbadic (ETC) cryptocurrency protocol. Ethereum Clbadic is the result of a difficult range in 2016, resulting from differences in how to react to the high level blockchain of the Ethereum blockchain (ETH).
According to the announcement, Summerwill will develop relationships that help the organization's mission and develop the development and community of ETC. Summerwill will also support ongoing ETC initiatives, such as PeaceBridge, a bridge that transfers ETH and ETC between two networks; and Kotti, an upcoming authority test network. Summerwill himself said:
"I would like to heal the wounds of the past and help everyone to overcome this zero sum thinking. I would like the ETC community to be perceived as it actually is, a group of people who develop useful and principled technologies, rather than a group of fanatics motivated by a ideology, without technical development. "
Earlier this month, Ethereum Clbadic developers said a mining pool claiming more than 50 percent of the total network load was "most likely selfish." The developers have explicitly stated that it is noted The consolidation of hashrate was not a 51% attack, and this so-called double expense was not detected.
On January 5th, Coinbase posted an article on his blog in which he "detected a deep chain reorganization of the Ethereum Clbadic chain of blocks with double spending."
Ethereum Clbadic is currently the 17th largest market capitalization cryptocurrency, according to data from CoinMarketCap. At the time of the press, the ETC is trading at $ 4.03, up 2.76% over the day.
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