Ethereum

Cardano’s Founder Mocks Ethereum Classic

ETC Cooperative executive director Bob Summerwill announced the suspension of the main verified Ethereum Classic Twitter account, eth classic, in a tweet. He claims that since Twitter didn’t offer any illuminating details, the cause of this is still unknown.

Cardano’s Founder Mocks ETH Classic

He added:

“I suspect it is likely an automatic false-positive action. Nothing controversial was posted. I have lodged an appeal. I do not suspect anybody reported it.”

Cardano founder, Charles Hoskinson, who got wind of the news, tweeted:

“This just crossed my desk a few minutes ago. Did the eth_classic Twitter handle seriously just get suspended?”

When a Twitter user suggested an appeal be made to restore the account, Hoskinson poked fun, saying: “I’m sure they will get a 70-paragraph email.”

Ethereum Classic project’s main account

Cardano’s Founder Mocks ETH Classic

In recent months, controversy has engulfed the Ethereum Classic project’s main account, which is currently suspended. It was said that Charles Hoskinson insisted on being the owner of the Twitter account.

Hoskinson asserts that he “owns” the main verified Ethereum Classic Twitter account, which has 600,000 followers. He says he won’t give it to the community so that it may be used productively. He won’t even think about selling it. Summerwill stated in a tweet on September 6 that “instead, he chooses to harm ETC.”

The controversy had the Ethereum Classic DAO community seeking a solution, tagging Twitter Support in a tweet:

“What is your proposed solution to the Ethereum Classic open-source project’s Twitter handle? Should we update the project’s Twitter account to a different handle? How do we solve the current issue?”

On October 6, Bob Summerwill claimed that Hoskinson had utilized the account for a different purpose, adding that “6 years of community service had been wiped.”

Since its creation in July 2016, the Ethereum Classic account has amassed over 600,000 followers, and it was used to post about Ethereum Classic until September 15.

The account was currently used as the community page for Ergo, a proof-of-work (PoW) blockchain that is related to Cardano and functions similarly to Ethereum.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Italy’s Securities Regulator Blocks Illegal Crypto Trading Platforms

Italy's securities regulator, Consob, expands its crackdown on unauthorized trading websites, including crypto.

5 hours ago

Crypto ETF Collateral On DTCC Cut By 100% In Evaluated Market Price

Crypto ETF collateral, specifically Bitcoin, will no longer carry collateral value for loans, subject to…

5 hours ago

Crypto ETFs Face Zero Collateral Value For Loans: Higher Risk For Investors?

Starting April 30, 2024, the DTCC will assign zero collateral value to ETFs or investments…

5 hours ago

Franklin Ethereum ETF Is Listed On DTCC, Although Not Approved Yet

Franklin Ethereum ETF's availability for creation/redemption signifies market access while the SEC decision is pending.

5 hours ago

Phoenix Wallet US To Exit App Stores On May 3rd Amid Regulatory Pressure

Phoenix Wallet US will be removed from app stores on May 3, 2024. Users should…

6 hours ago

Yuga Labs Restruction Now Underway To Focus On Otherside And Web3

Yuga Labs reconstruction takes place for Otherside metaverse focus, involving layoffs and spin-offs.

6 hours ago

This website uses cookies.