2016/10/27 8:00 AM
Ethereum Classic undergoes a successful hard fork, Zcash prepares for its grand introduction, and Jaxx adds Litecoin. Want to catch up on your latest altcoin news? Read the stories below.
Also read: Altcoin Report: Monero Shutting Down Until January
Following a recent DDoS attack, Ethereum Classic has undergone a successful hard fork to set things “back to normal.”
This is not the first time such a move has been executed, and unfortunately, the price of ether has suffered in the long run. Immediately following the hard fork, the cryptocurrency dropped by about three percent, although this may be a direct reaction to bitcoin’s recent rise (currently $681 at press time). Others are arguing that the system has already undergone too many forks and that Ethereum isn’t likely to benefit as it once has.
The decision allegedly stemmed from cryptocurrency developers without any public input, which has…