Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion
If you are considering adding proof of work cryptos in your portfolio, chances are you have shortlisted Ethereum Classic (ETC). It is one of the few remaining options in the PoW category, but, you may have also noticed that it has been overshadowed particularly by its counterpart – Ethereum.
Ethereum Classic’s performance so far this year confirms that it can still attract investor attention. However, the network has been losing popularity from a long-term perspective. Speaking of popularity, artificial intelligence has really taken off this year, with ChatGPT leading this charge.
Perhaps, we can leverage the power of AI to try and find out what the future has planned for ETC. I asked ChatGPT about Ethereum Classic and the interaction was rather interesting. The initial plan was to establish the depth of the AI before going deeper into the type of information that I wanted to pursue.
The first question requested ChatGPT to provide a detailed and concise explanation of Ethereum Classic and its fundamentals. Here’s the response –
Source: ChatGPT
Here is the response after switching to dark mode and requesting a shorter version –
Source: ChatGPT
The AI seemed to have a good handle on things based on the information it provided. However, there have been incidents where it generated inaccurate information, hence the need to verify information. Now that we had a good base, it was time to up the ante a bit. But first, those keeping a close eye on ETC may have noticed that its community has not been very active. Its development has also lagged behind that of Ethereum and other networks.
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