VeriBlock VBK to Ethereum Classic ETC Exchange

Crypto Pair Details: VBK to ETC

VeriBlock VBK

VeriBlock and its novel Proof-of-Proof (“PoP”) consensus protocol is the first and only technology in the world to allow any blockchain to inherit Bitcoin’s unprecedented thermodynamic Proof-of-Work security in an entirely Decentralized, Trustless, Transparent, and Permissionless (“DTTP”) manner. Since September of 2018, thousands of PoP miners in over 50 countries have successfully done more than 6,000,000 PoP transactions to Bitcoin, accounting for nearly half of all Bitcoin transactions at peak. Over the past four years, the VeriBlock project has attracted strategic investors, partners, and advisors including Bittrex CEO Bill Shihara, Bloq Co-Founder and Chairman Matthew Roszak, Bloq Co-Founder and Former Bitcoin Core Developer Jeff Garzik, Ethereum and Decentral Co-Founder Anthony Di Iorio, and Fenbushi Capital General Partner Bo Shen.

Ethereum Classic ETC

Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain - the classic version preserving untampered history; free from external interference and subjective tampering of transactions. Transaction Finality Ethereum Classic believes the core value proposition of any blockchain is immutability; valid transactions can never be erased or forgotten. Individuals interacting on Ethereum Classic are governed by this reality; Code is Law. This does not necessarily mean that code replaces existing laws, or that only code is law (there are many geographical jurisdictions), but it gives users the opportunity to enter into a new blockchain-based jurisdiction where agreements are governed by code. By entering into contracts on Ethereum Classic, you can be certain that the network remains neutral. The outcome of transactions will be dictated by code you voluntarily interact with. Unless explicitly defined by the contract code, there are no reversals, no undos, no opt-outs. Transactions are final; applications are unstoppable. Decentralized Governance There are many problems that fester due to centralization and opaqueness; corruption, unaccountability, nepotism, inefficiency and stagnation. Ultimately, centralization leads to fragility; only decentralized systems can stand the test of time. These problems can be only solved by adhering to governance systems that do not rely on a central point of failure. Just like distributed networks and the consensus protocol itself, we believe that only truly decentralized projects can survive in the long run. Ethereum Classic manifests these values by relinquishing control by a formalized central foundation. The only hierarchy is that of transparent meritocracy and mutual reputation. No backroom deals or behind-closed-doors unilateral decision making; just free and open discourse.

SOURCE: COINGECKO

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