$ETC : The "zombie ATM" of the mining overlord, a living fossil on the road to zero!
Three major tragedies in the blockchain circle
Developer Exodus:
GitHub code submissions over the past six months are close to zero, the core team has completely fled → Technical upgrades? Only in dreams!
Ecological Ghost Town:
DeFi locked value $12 million (0.002% of Ethereum), daily active addresses across the network <3000
51% Attack Playground:
In 2023, hacked 5 times by hackers, double-spending theft like entering a no-man's land → Miners receive dirty money and pretend to be blind!
The Century Lie of "Decentralization"
Hash Power Monopoly: The top three mining pools control 75% of the hash power
Inflation Robbery: Annual issuance increase 4.2% ETC, mining overlords withdraw $500,000 daily!
Governance Paralysis: The last protocol upgrade was in 2020
Dreams of Getting Rich Shattered in Three Strikes
"Internet of Things Ace"?
All partners are shell companies → Official website case page 404, no one has fixed it for three years!
"Anti-Censorship Hardbones"?
Exchange delisting wave (Kraken, Bittrex clear out and sell-off) → Liquidity exhausted!
"Doomsday Chariot"?
Every surge is due to the rumor that "ETC will replace ETH" → Then it plummets 80% burying people!
The Bloody Reality
Grayscale ETC trust net value plummeted 99.9% (from 50 million to 5,000, directly falling apart and liquidating)
Five years of depreciation against BTC by 98% (buy BTC can double, buy ETC left with scraps)
The only function: To provide for miners in their old age (Ethereum switched to POS early, relying on ETC to survive)
Iron Rule: Mine, withdraw, sell, don’t look back! This thing is only fit for filling the sea!
Better to be happy together than alone; if you reach out, I can pull you ashore!!
SUI TURMP BONK PEPE OM SOL PNUT