How is Ethereum Classic compared to VeChain “What should I choose?” Is ETC better than VEN?
Ethereum Classic is a fully decentralized open-source, public, blockchain-based distributed computing platform featuring smart contract functionality providing a decentralized Turing-complete virtual machine, Ethereum Virtual Machine (EVM), which can execute scripts. The transaction is swift. It takes around 10-20 seconds from issuing the command to receiving the confirmation.
VeChain is a Blockchain-as-a-Service organization with a purpose to develop “a trust-free and distributed business ecosystem to allow transparent information flow, efficient collaboration, and high-speed value transferring.” The main feature of VeChain is that it can cut down on product forgery or imitations.
Ethereum Classic (ETC) Vs. VeChain (VEN) Price Prediction
Ethereum Classic is a hard fork of the popular Ethereum cryptocurrency, and it is entirely decentralized, peer to peer, open source, blockchain based computing system. The currency emerged after the original Ethereum platform forked into two versions, including Ethreum Classic and Ethereum. It is similar to Ethereum, Ethereum Classic gives a decentralized, Turing – complete virtual machine, the Ethereum Virtual Machine (EVM) as well as smart contract functionality.
- Fully Decentralised Apps (DAPPS): Ethereum Classic enables applications to be made upon EVM and public nodes which is a unique characteristic of this currency.
- Original Ethereum: Ethereum Classic is the original Ethereum with the present Ethereum being a hard fork of the real version following the DAO attack.
VeChain is an Ethereum-based, logistics blockchain token and supply which intends to help both customers and operators keep track of their orders and the integrity of each order, and it reduces reduction of errors and instance of lost items. It allows manufacturers to assign particular attributes and unique product identities to each other. The transportation of supplies can be made more transparent by maintaining this information on a ledger.
- Novel blockchain clarification for merchandise logistics problems uses own software to communicate with the Ethereum Virtual Machine
- VEN can validate product authenticity, integrity and a wide arrange of manufacturer-designed variables.
Ethereum Classic Price Prediction: ETC to go up to $28.55825!
ETC was formally released after the DAO stable form in 2016, which happened one year after the launch of Ethereum. In 2016, around 3.6 million Ether was stolen using a recognized security flaw in Ethereum, and after much deliberation, the governing cabinet decided to perform a hard fork of the existing system. But some Ethereum users denied this idea and continued to use the classic Ether. In October 2016, Ethereum Classic underwent a hard fork to adjust the internal pricing for running a key network component, Ethereum Virtual Machine.
ETC can be a profitable investment option. Ethereum Classic price equal to 16.319 USD at 2018-03-28. If you buy Ethereum Classic for 100 dollars today, you will get a total of 6.128 ETC. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-03-23 is 150.650 US Dollars. With a 5-year investment, the revenue is expected to be around +823.13%. Your current $100 investment may be up to $923.13 in 2022. Ethereum Classic (ETC) price today is $16.319 and have the current supply of 100,800,667 ETC. The market cap value is $1,646,931,698 and the volume is marked as $167,243,000.
VeChain Price Prediction: VEN to go up to $5.15025!
A computer networking specialist Sunny Lu designed the VeChain concept in 2015 and developed around in 2016. Lu is a co-founder of the “blockchain-as-a-service” organization, BITSE.VeChain officially launched on November 2nd, 2016, with additional adjustments, and documentation releases, with a widespread release of their “v3.0” client in May 2017 and token listing on altcoin exchanges by August 2017. The first model case scenario clients was a brand name Chinese wine importing company who saw VeChain as an appropriate solution to stop illegal distribution of imitation wines. They have distributed over 1 million bottles of wine for the company.
VEN can be a profitable investment option. VeChain price equal to 2.943 USD at 2018-03-28. If you buy VeChain for 100 dollars today, you will get a total of 33.977 VEN. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-03-18 is 62.297 US Dollars. With a 5-year investment, the revenue is expected to be around +2016.66%. Your current $100 investment may be up to $2116.66 in 2022. VeChain (VEN) price today is $2.943 and have the current supply of 520,268,250 VEN. The market cap value is $1,527,445,150 and the volume is marked as $52,955,900.