According to the whales who posted their support letter for ETC the foundation have to legally support ETC as it is the original chain. Not sure how accurate that is. Would need someone more familiar with the legal intricacies to make a judgment on it.
Also with ETC taking off and gaining as much support it is - how long will it be until some real developers see the opportunity and jump on board to start working on it independently of the foundation. Money talks.
The markets have breathed life into something that everyone thought was dead. Right now ETH is just as much of a risk as ETC. The markets will decide which is the safer bet.
Edit: Seems Coinbase and Kraken are going to post an "update" on ETC support shortly. Looks like ETC could be getting even bigger.
"legally support ETC as it is the original chain" -> This is utter BS. It's quite clear from Vitalik's post that Etherium devs DO NOT plan to support Ether classic: https://steemit.com/ether/@blocktrades/important-news-about-using-eth-and-etc-from-vitalik How are you misreading that?
Whether they do or not is irrelevant. Someone else will. I fear you are being blinded to the truth by personal bias.
It's not irrelevant; I can only assume you don't know a lot about software development if you think this. It's quite difficult for a new set of programmers to work on a code base they didn't write, especially without aid from the original coders. Also, I have no idea where you got the idea I have a personal bias, I'm not even a real Ethereum supporter. I just don't like to see the distortions of fact being put out by the ETC camp as I think it's originating primarily from scammers.
@blocktrades "It's quite difficult for a new set of programmers to work on a code base they didn't write, especially without aid from the original coders"
You mean like Bitcoin? Fact is if there is enough money there will be developers who will develop for it. The idea that it is just scammers supporting ETC is laughable whether you admit to bias or not you are.
Can you give me steem power plz?
There is so much drama around the Etherium situation. It is crazy!