Ethereum Classic (ETC) are focusing on sustaining the basic qualities of a blockchain, which are well elaborated by Donald McIntyre.
Ethereum Classic (ETC) retweeted the ETC core weekly recap: “Jun Week 1 recap – EthereumClassic completes Phoenix hard-fork – Post-Fork Turbulence debrief – Open Ethereum & Hyper ledger Besu hot-fix releases – ETC Labs announces NYBW Hackathon winners – Labs mentor interview w/ Harumi – Labs funds female founders – Terry at Messari mainnet.”
Etherplan which focuses on research, articles, and podcasts about ETC, Bitcoin and a range of other decentralized applications stated, “Losses are not only financial and basic rights, but also the loss of functionality of systems such as dapps, devices, robots, and other things that may be built on top of blockchains such as Ethereum Classic.”
Sydney Ifergan, the crypto expert, tweeted: “The meaning of Immutability has been clearly expressed by Ethereum Classic (ETC) from the perspective of beneficiaries.”
When talking about immutability, it has been clearly expressed that individual security is crucial to minimize risks for independence and local knowledge in a way to help facilitate the process of implementation of unique life plans.
Ethereum Classic (ETC) Basic Rights in Blockchain Technology
To make such things possible, Donald McIntyre stated that we have created basic rights like property, freedom of contract, privacy, free speech, freedom of assembly, religion, and several others.
Donald McIntyre reinstates that the basic rights are implicit, embedded, and distributed globally within the blockchain networks.
When it comes to clarifying how basic rights are represented on the blockchains, Donald McIntyre, states that it is represented by means of blockchain with ledgers, accounts, balances, assets, and smart contracts. These basic rights become available for each and every person from across the world.
Blockchain does not differentiate between country, culture, ideology, beliefs, gender, race, or any other human condition.
For protecting these basic rights, sound blockchain principles like trust minimization, immutability, censorship resistance, should all be exerted within public blockchains in their extended ecosystems providing for integrity and continuity.
A model explaining, “The “state of the network” vs. “rules of the network” model and how they affect money, property, and agreements directly or indirectly. The state affects them directly, and network rules affect them indirectly.” Clearly clarifies the concepts related to immutability.
Thus, clarifying that ETC should always remain immutable, and when immutability changes the rules should be handled with utmost caution.
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