ROADMAP

September 2016by Igor Artamonov

PreamblePreamble

The DAO story

The DAO is a Smart Contract based fundRaised $150,000,000 from 10,000+ investors

Was hacked and lost up to $50,000,000

Hard Fork Happened

Ethereum Foundation initiated a blockchain fork (Hard Fork) to return hacked assets

The blockchain state was rewritten

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

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 browser-based wallet

ClassicEtherWallet

● Multiplatform wallet Jaxx

● Ripple WalletHub support

ETC Community

Active GitHub team, 1000+ members on Slack, IRC2500+ Reddit readers, Telegram, Forum, Wiki &

several blogsMeetups in London, Zurich, Shanghai, Phoenix.

NY and SF soon

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

Public Donations

Donations from ETC supporters, including donations from CHBTC and Epool

Donation process is starting to formalise as further contributions are planned

Crypto Exchanges

ETC supported by Poloniex since its birth. Now supported by every major Crypto

ExchangeTrading at 1/10 of ETH Ethereum

Expecting Price Parity

First Commercial Projects

Despite the fact that Ethereum Classic is a 2 month old blockchain, it has already received serious

attention from developersFundonomy, GasTracker, Minebox, Solidarity,

Stampery and Tortuga TradingMore to come...

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 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

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

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

Roadmap

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

Reorganization Q4 2016

Setup Funding ProcessStabilize the Platform

Expand Dev Team with hired developers

Next ETC Generation Apr 2017

Migrate to Hybrid PoW/PoS. Not rejecting PoWReplay Attack Protection and new Monetary Policy to

stop inflation and infinite coin supply10 second block time

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

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

fintechFor Java & C++ developers

License tools under commercial friendly licenses MIT/Apache2, in oppose to Forked Ethereum which is

licensed under restricted GPL/LGPL

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

Ethereum Classichttp://ethereumclassic.org

Twitter @eth_classicGitHub @ethereumproject

Slack http://ethereumclassic.herokuapp.com/

2016