Beginning in Shanghai, enthusiasts will convene to discuss a viable software roadmap, recruit new core developers, and consider proposals on a formal foundational body for the Classic Project.

One must wonder why Ethereum Classic is being viewed as a new sort of cryptocurrency, when in truth it is the very technology that held a market capitalization just shy of $1 billion mere weeks ago.

The blueprints for scaling the bitcoin are beginning to emerge and the Lightning Network may prove to be the answer.

When scaling solutions are implemented which allow billions of transactions to be made per second we will see an economic engine capable of facilitating business at the speed of thought.

Brace yourselves. Surveillance is coming.

Paying per computational step could mitigate distributed denial of service attacks (DDoS) and abusive spam when launched against a large number of targets at a near zero margin cost. The potential benefits of this pay-per-computation model for the mitigation of network abuse cannot be understated.

On March 11 smart contracting platform Ethereum surpassed a total market capitalization of over $1 billion USD.