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.

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.

Ethereum today is where bitcoin was in 2010 – raw infrastructure, lack of developers, and plenty of skeptics.