Since established, Spider Pool has been fully committed to "miners centric and building world-class mining products", and providing world-class mining pool services to miners around the world. Spider Mining Pool currently has four major mining pools: ETH, BSV, and BCH. It has successfully mined more than 760,000 ETH, and its ETH computing power ranks among the top ten in the world.
Now Spider officially supports Ethernet classic mining, the top 50 customers within the first month is fee-free. (2021-08-10 to 2021-09-10)
Ethernet Classics is a smart center platform: the application can run entirely in the programming mode without causing downtime, any possibility of review, or third-party interference. Ethereum Classic is composed of cryptocurrency (ETC), a blockchain ledger, and an ecosystem of applications and services running on top of it.
ETC basic information
Consensus mechanism: PoW
Algorithm: Based on Ethereum smart contract
Block time: 14S
Maximum supply : 210,700,000 ETC
Issue time: 2015-11-01
ETC official website: http://ethereumclassic.org/
Block Explorer 1: https://blockscout.com/etc/mainnet
Block Explorer 2: https://expedition.dev/?network=mainnet
Block Explorer 3: https://etc.tokenview.com/en
Block Explorer 4: https://etcblockexplorer.com/home
ETC mining address
Main mining address: eth-jp.spiderpool.com:3867
- Cannot be tampered
ETC cannot be tampered with by others. This feature is ETC with Bitcoin, Wright currency, and its monetary encrypted common ideological creed. Some blockchains believe in different ideological beliefs (such as "ruling management"). These blockchains allow participants to vote on the account balances of others based on their social and economic influence. Money has the final say. And such things will never happen in ETC. This is the foundation of ETC. Historical precedents have proved that this is indeed the case.
- Efficient transfer
ETC allows efficient value transfer (more efficient than Bitcoin and other forms of Bitcoin), focuses on IoT applications, and runs a mathematically verified Ethereum Virtual Machine ( EVM ). This means that ETC is very much in line with the original idea: to become an efficient exchange medium connecting different devices in the world.
Many blockchain communities have centralized leadership, which means that a small number of people at the top of the pyramid make decisions on behalf of others. The ETC community avoids this architecturally. Responsibilities for development and discussion are assigned to different people. This avoids the unfair form of "ruling management", which can easily affect other blockchains. The Internet of Things feature of ETC is being fully developed, and it is expected to be implemented in the second half of 2018.
The difference between ETC and ETH
- Technical route
In the evolution of ETC's technical route, it will increasingly part ways with ETH , including formula algorithms. Ethernet Square Foundation would definitely want to turn named Casper the PoS ( Proof of Stake ), while ETC community believes that, PoS current technology is far from mature, community PoS have different views on the principles of economics advocated by the participants, which One effect is that it will cause the rich to get richer, which is not in line with the spirit of ETC as a public chain. In the foreseeable future, the ETC community will stick to the PoW workload proof consensus, which is the most secure consensus algorithm proven to date.
ETH: If most people agree to modify the chain (that is, mutability), then blockchain records and contracts can be modified. This can be seen from the birth of ETH, that ETH is the product of a hard fork.
On the other hand, ETC is that neither blockchain records nor contracts can be modified. ETC team has always insisted on the values of the blockchain is defined, adhere to the original Ethernet Square Conscience, a decentralized platform, running without any chance of fraud, conduct or review by third-party interference programming applications. As a world network computer, it can only run irreversible smart contracts. Before a problem all do not know the developer to regulate the behavior of all of the blockchain technology itself can not be altered attitudes, the ETC is the only one undergone the test case ( THE DAO event) digital currency, that is, stick Code is the sole practitioner of the iron law of law.
ETH: Whether it is an intentional arrangement or since its birth, the core decision of the blockchain is made by the Ethereum Foundation with the participation of the community and most of it is developed by it.
ETC: The decision-making of the blockchain is mainly made by three loose, collaborative teams receiving feedback with the participation of the community.
- Transaction speed
ETH: 25 seconds on average. It will be shortened after the upgrade.
ETC: 14 seconds on average. After the upgrade, it is maintained at 10-14 seconds (according to the ECIP-1010 and ECIP-1036 protocols).
- Total currency
ETH’s biggest weakness is that the amount has been increasing, how can a no limit to the number of items as capital goods it? Everyone knows that the increase in the price of a commodity is in the final analysis the comparison of the quantity between the supply and the demand. The amount of Bitcoin and Litecoin is fixed. The total amount of Bitcoin is 21 million. Now there are more than 10 million. The rest will not be available until another 100 years. The current amount of Ether is more than 90 million. Ethereum has 250 blocks per hour, and each block is rewarded with 2 coins. every day 24h, Therefore, there is no upper limit to the total amount of Ether.
ETC monetary aggregates: fixed at 2.1 million the maximum does not exceed 2.3 million per 500 Wan blocks slow down to 20%, the first cut time is Dec 2017.
Spiderpool Operation Team