I am a big fan of ETCs principles and reasons for splitting away from ETH, however after reading this subreddit I am not sure whether now is a good time to get in.
Not referring to the price, but rather the aftermath of the 51% attack. It seems transactions are taking 91k confirmations to withdraw from exchanges, and Binance is not allowing withdrawals at all. I use Binance but prefer not to keep my coins on exchanges.
Is it worth buying ETC now, and where should one buy from? Or would it be better to wait until exchanges are more comfortable with the network? I don't like the idea of my coins being in limbo for several days/weeks when I withdraw to a wallet.
Ethereum Classic is an open, decentralized, and permissionless public blockchain, that aims to fulfill the original promise of Ethereum, as a platform where smart contracts are free from third-party interference. ETC prioritizes trust-minimization, network security, and integrity. All network upgrades are non-contentious with the aim to fix critical issues or to add value with newly proposed features; never to create new tokens, or to bail out flawed smart contracts and their interest groups.