Understand the basic concepts of Ethereum classic analysis techniques (etc.) and fundamental
Ethereum Classic, also known as etc., is a decentralized blockchain network of open code created by Vitalik Buterin in 2016. It is based on the Ethereum protocol, but has some significant differences in its basic technology and architecture. In this article, we will deepen the basic techniques of analysis for etc., exploring its potential benefits, risks and strategies for investors.
Why invest in ITD?
Etc. There are several advantages that make it an attractive investment:
- Long -term growth : Ethereum Classic is a decentralized platform with severe focus on scalability, safety and participation in the community. Its long -term growth potential is high due to the growing base of users, increasing the amount of transactions and continuous development.
- Diversified Ecosystem
: Blockchain ETC technology allows you to create different applications, such as decentralized finances (Dead), not -involved token (NFT) and game platforms. This diverse ecosystem provides opportunities for multiple revenues and diversification of property.
- Low Competition : Compared to other important projects based on Ethereum, such as Ethereum and Cardano, etc. It has a relatively low level of competition, which can lead to greater adoption and market share.
Basic analysis techniques for etc.
Investors must carry out an exhaustive basic analysis to evaluate the potential effect, etc. Before making the investment decision. Here are some key techniques to consider:
- Market capitalization : market capitalization, etc. It is relatively low compared to other important projects based on the Ethheum, but has constantly increased over time. Higher market capitalization may indicate greater confidence and acquisition of investors.
- transaction volume : transaction volume, etc. It grows rapidly, with an increase of 100 million units a day in 2020. To more than 500 million units a day in 2021. This growth is probably due to the growing demand for demand for decentralized app (DAPPS) in the Ethereum network.
- Programmer Activity : The number of developers who contribute, etc. Constantly increased, with a significant increase of 15,000 taxpayers in 2019 to more than 50,000 taxpayers in 2021. This suggests that there is a strong and active program of developers behind etc.
- Use EVM
: Using the Ethereum (EVM) virtual machine in red, etc. quickly increased, with 10% by increasing total transactions in 2019. To more than 30% in 2022 .. Usage may indicate improved performance and scalability for etc.
- Token repair : the supply of token, etc. is relatively small compared to other important projects based on Ethereum, but has been constantly increased. A greater supply of tokens can lead to greater acceptance and participation in the market.
risks and challenges
While etc. represents several attractive characteristics, there are also some significant risks and challenges:
- Competence of rival projects : rival projects, such as Ethereum (ETH) and Cardano (Ada), can represent the threat of quotas and market values, etc., etc.
- Regulatory uncertainty : a regulatory environment in different countries and jurisdictions can be unpredictable, which can lead to higher risks of adoption, etc.
- Scalabiness limitations : The scalability of red etc. was concern, with some users who report the time of processing transactions of slow and high rates.
Conclusion
Ethereum Classic is attractive invested because of its long -term growth potential, a variety of ecosystems and relatively low competition. However, investors must carry out an exhaustive basic analysis before making a decision on investment.