The Problem
During the proposal of the Passport Program, the long-term goal was to establish a ‘single unified entrance for member public cloud freemium offerings’, as written in ETC’s proposed mission for the experiment.
Though the statement sounds simple, the technical hurdles to achieve the same are complex. When talking from an aspect of traditional cloud computing, cloud federation is the sound solution. A central federation broker will be required, which will need the assistance of the Open Infra Foundation.
The following are some of the abilities of a central federation point:
Ethereum Classic [ETC] will host the first trial run of the sidechain & cloud experiment. For this project, the ETC dev team will be collaborating with OpenStack, an open source infrastructure software. The experiment will be entirely based on the proposal designed by the Ethereum Classic team. The proposal speaks about the problem, the use cases, solutions and more.
How can Ethereum Classic [ETC] help?
Ethereum Classic was chosen for the first trial run because of the following reasons:
Recently, Ethereum’s blockchain has been inclining towards the Proof-of-Stake [PoS] protocol leaving the preservation of Proof-of-Work [PoW] to Ethereum Classic’s hand. According to the proposal, PoW is the only mechanism that qualifies for a secure consensus on public chains, making it ideal to run on the main chain.
Ethereum Classic’s development team is suitable for the project. Moreover, the cryptocurrency is away from the ‘ICO craze’.
It is till date holding the most significant original features of Ethereum, one among them being smart contracts.
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