Ethereum Classic Declared 'Dead' Amid Ongoing Struggles

Ethereum Classic (ETC), a variant of Ethereum's blockchain, has been deemed 'dead' by some crypto enthusiasts. This comes after years of struggling to compete with its parent chain, Ethereum.

The ETC community has faced numerous challenges, including the infamous DAO hack in 2016, which led to the creation of Ethereum Classic. Since then, the asset has failed to gain significant traction and adoption, despite efforts from its proponents.

In a recent discussion on social media, some users have referred to ETC as a 'zombie' cryptocurrency, implying that it is no longer viable or relevant in the market. While this view may be harsh, it highlights the struggles faced by Ethereum Classic in recent years.