Ethereum Classic Not Keen on Hoskinson’s Treasury Proposal
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Source: twitter.com
Previously, Hoskinson said Ethereum Classic needs to innovate, to which the implementation of a treasury function would fund this. However, in a blog post published ahead of today’s meeting, Terry Culver, CEO of ETC Labs, expressed his concerns over implementing a treasury function.
Ethereum Classic Labs CEO Believes a Treasury Function Would Contradict Core Values
The treasury system proposed by Hoskinson would collect a portion of the block mining reward and distribute it to relevant parties. In addressing the points raised in the blog post, Hoskinson believes that network security comes down to making Ethereum Classic more attractive to miners.
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