Ethereum Classic was started as a way to maintain the original Ethereum chain and the presumed social contract of “unstoppable applications.” Initially I saw it as a stable alternative to the Ethereum Edge (ETH) chain and agreed with Vitalik that ETH was more exciting.

More recently, however, I have become way more excited about the stable (ETC) version than the edge version (ETH).

Why so excited?

The first reason is the general excitement about decentralized govenrance and implementing it in the context of the ETC chain, the very reason that drew me to Ethereum in the first place. Despite Vitalik’s occasional mentions of organizing via a DAO-like structure, as far as I can tell the Ethereum Foundation has never taken any formal steps in this direction.

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