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ROADMAP
September 2016
by Igor Artamonov
PreamblePreamble
The DAO story
The DAO is a Smart Contract based fund
Raised $150,000,000 from 10,000+ investors
Was hacked and lost up to ...
Hard Fork Happened
Ethereum Foundation initiated a blockchain fork (Hard Fork) to
return hacked assets
The blockchain stat...
Refused by the Community
Part of the community, including miners, developers and
investors refused the fork
Community foll...
StatusStatus
Ethereum Clients Ready
Clients for Ethereum Blockchain nodes are ready:
● Go Ethereum (Geth)
● EthCore Parity
● EthereumJ
Wallets
Ethereum Classic has a set of desktop wallets:
● Fork of official Mist Dapp browser and Wallet
● Lightweight brows...
ETC Community
Active GitHub team, 1000+ members on Slack, IRC
2500+ Reddit readers, Telegram, Forum, Wiki & several blogs
...
Several Mining Pools
Total mining performance 600 Gh/s or about 10% of Ethereum
Supported by top mining pools: BW Pool, F2...
Public Donations
Donations from ETC supporters, including
donations from CHBTC and Epool
Donation process is starting to f...
Crypto Exchanges
ETC supported by Poloniex since its birth.
Now supported by every major Crypto Exchange
Trading at 1/10 o...
First Commercial Projects
Despite the fact that Ethereum Classic is a 2 month old
blockchain, it has already received seri...
What is
Ethereum Classic?
What is
Ethereum Classic?
“Ethereum is a decentralized platform that runs Smart
Contracts: applications that runs exactly as
programmed without any ...
Ethereum (ETH)
Managed by the Ethereum
Foundation (EF), a centralized
authority
Blockchain state modifications
can take pl...
Code is Law
Code is law on the blockchain. All executions are final, all
transactions are immutable. For everything else, ...
Roadmap
Delay Difficulty Bomb 1 Oct 2016
“Difficulty Bomb” is a part of the Mining Formula, which forces
mining difficulty to grow...
Reorganization Q4 2016
Setup Funding Process
Stabilize the Platform
Expand Dev Team with hired developers
Next ETC Generation Apr 2017
Migrate to Hybrid PoW/PoS. Not rejecting PoW
Replay Attack Protection and new Monetary Policy...
Provide Classic Dapp SDK May 2017+
Ethereum Classic will position itself as a Dapp Developer
Friendly blockchain
There wil...
Available for commercial R&D Q3 2017+
We want to make Ethereum accessible not only to Night
Hackers, but to corporate R&D,...
Secure Ethereum Classic 2018
Encryption tools for Smart Contracts. Functional Encryption
and operations over encrypted dat...
Ethereum Classic
http://ethereumclassic.org
Twitter @eth_classic
GitHub @ethereumproject
Slack http://ethereumclassic.hero...
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Ethereum Classic Roadmap

Ethereum Classic (ETC) Roadmap, September 2016

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Ethereum Classic Roadmap

  1. 1. ROADMAP September 2016 by Igor Artamonov
  2. 2. PreamblePreamble
  3. 3. The DAO story The DAO is a Smart Contract based fund Raised $150,000,000 from 10,000+ investors Was hacked and lost up to $50,000,000
  4. 4. Hard Fork Happened Ethereum Foundation initiated a blockchain fork (Hard Fork) to return hacked assets The blockchain state was rewritten
  5. 5. Refused by the Community Part of the community, including miners, developers and investors refused the fork Community followed existing blockchain by declining the Hard Fork software upgrade. In a few days it self organized into the Ethereum Classic community
  6. 6. StatusStatus
  7. 7. Ethereum Clients Ready Clients for Ethereum Blockchain nodes are ready: ● Go Ethereum (Geth) ● EthCore Parity ● EthereumJ
  8. 8. Wallets Ethereum Classic has a set of desktop wallets: ● Fork of official Mist Dapp browser and Wallet ● Lightweight browser-based wallet ClassicEtherWallet ● Multiplatform wallet Jaxx ● Ripple WalletHub support
  9. 9. ETC Community Active GitHub team, 1000+ members on Slack, IRC 2500+ Reddit readers, Telegram, Forum, Wiki & several blogs Meetups in London, Zurich, Shanghai, Phoenix. NY and SF soon
  10. 10. Several Mining Pools Total mining performance 600 Gh/s or about 10% of Ethereum Supported by top mining pools: BW Pool, F2Pool, NanoPool, Coinotron and many others. Ethereum Classic pools, such as EPool.io Chandler Guo (BW Pool & BitAngels) is actively supporting ETC. Many other pools are preparing to launch by end of 2016 More miners are expected to transition to ETC after the difficulty bomb is neutralized
  11. 11. Public Donations Donations from ETC supporters, including donations from CHBTC and Epool Donation process is starting to formalise as further contributions are planned
  12. 12. Crypto Exchanges ETC supported by Poloniex since its birth. Now supported by every major Crypto Exchange Trading at 1/10 of ETH Ethereum Expecting Price Parity
  13. 13. First Commercial Projects Despite the fact that Ethereum Classic is a 2 month old blockchain, it has already received serious attention from developers Fundonomy, GasTracker, Minebox, Solidarity, Stampery and Tortuga Trading More to come...
  14. 14. What is Ethereum Classic? What is Ethereum Classic?
  15. 15. “Ethereum is a decentralized platform that runs Smart Contracts: applications that runs exactly as programmed without any possibility of downtime, censorship or third party interference” In other words it’s code that works without servers and a third party. It’s a foundation for the next generation of Web 3 applications (or Dapps). Dapps are apps that runs on Ethereum technology
  16. 16. Ethereum (ETH) Managed by the Ethereum Foundation (EF), a centralized authority Blockchain state modifications can take place in interests of EF related companies What is the difference? Ethereum Classic (ETC) Managed by a distributed community dedicated to the principles of openness, neutrality and immutability of the blockchain Free from human intervention
  17. 17. Code is Law Code is law on the blockchain. All executions are final, all transactions are immutable. For everything else, there is a time-tested way to adjudicate legal disputes and carry out the administration of justice. It’s called the legal system. From Ethereum Classic standpoint the DAO hard fork broke the “laws of the blockchain” by imposing invalid transaction states that go against the nature of the infrastructure
  18. 18. Roadmap
  19. 19. Delay Difficulty Bomb 1 Oct 2016 “Difficulty Bomb” is a part of the Mining Formula, which forces mining difficulty to grow exponentially. Therefore making mining unprofitable at some point. Ethereum Classic has a plan to stop difficulty growth for the next year (ECIP-1010) Plan to remove it by the end of 2017
  20. 20. Reorganization Q4 2016 Setup Funding Process Stabilize the Platform Expand Dev Team with hired developers
  21. 21. Next ETC Generation Apr 2017 Migrate to Hybrid PoW/PoS. Not rejecting PoW Replay Attack Protection and new Monetary Policy to stop inflation and infinite coin supply 10 second block time
  22. 22. Provide Classic Dapp SDK May 2017+ Ethereum Classic will position itself as a Dapp Developer Friendly blockchain There will be 1000s of Dapps in next few years, ETC is working on the right tools for 3rd party Dapp developers
  23. 23. Available for commercial R&D Q3 2017+ We want to make Ethereum accessible not only to Night Hackers, but to corporate R&D, to banks and fintech For Java & C++ developers License tools under commercial friendly licenses MIT/Apache2, in oppose to Forked Ethereum which is licensed under restricted GPL/LGPL
  24. 24. Secure Ethereum Classic 2018 Encryption tools for Smart Contracts. Functional Encryption and operations over encrypted data Anonymous transactions. Privacy for Smart Contract storage and execution
  25. 25. Ethereum Classic http://ethereumclassic.org Twitter @eth_classic GitHub @ethereumproject Slack http://ethereumclassic.herokuapp.com/ 2016

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