Charles Hoskinson calls Ethereum Classic ‘dead project with no purpose’
Hoskinson has recommended Ergo to proof-of-work proponents saying the coin is "innovating and has a great community." Cardano (ADA) founder Charles Hoskinson said Ethereum Classic (ETC) is a “dead project with no purpose or compelling argument to exist outside of spite.”
Hoskinson gave this response to allegations that he wanted to exploit ETC miners. An Ethereum Classic supporter on Twitter had accused Hoskinson of trying to milk the network after he proposed a 20% miner tax. Hoskinson recently proposed a decentralized treasury protocol and recommended setting up a development fund for ETC. The proposal would change ETC block rewards allocation, with a portion of the reward going to the decentralized treasury protocol. ETC miners rejected this idea because it cut into their rewards.
Source
https://t.me/DeFi_Ethereum
