Ethereum Classic Name Change Would Get Other Cryptos 'Rekt,' Says Dev

Ethereum Classic Labs' Stevan Lohja says that many top cryptos would be "Rekt" by Ethereum Classic if it removed "Ethereum" from its name.

"Opinion: Many #cryptocurrency in the top market cap would be absolutely #Rekt by #EthereumClassic if we removed #Ethereum from the brand. I know we are original Ethereum project, but maybe this can be water cooler chatter at summit eh?".

Classic X. As Cointelegraph has previously reported, Lohja's reminder that Ethereum Classic is the original Ethereum project refers to the fact that the coin runs on the original version of the blockchain, before it was hard forked in 2016 in response to the DAO scandal.

After the hard fork, "Classic" was added to the cryptocurrency's name to distinguish it from its successor, Ether.

With Ether currently ranked largest altcoin by market cap, Ethereum Classic lags some way behind in its 21st spot ranking.

"I always advocated changing the currency names. The network name can change organically if we start calling the currency itself something else."

The ETC Classic Summit - to be held in Vancouver, Canada - is planned for October 3-4.Names and beyond.

Within an emerging sector, the question of names is a matter of heated deliberation as different currencies, assets and tokens attempt to differentiate themselves and vie for adoption.

Notoriously, there has also been talk of companies allegedly attempting to cash in on the hype by including "Blockchain" or "Bitcoin" in their names.

With industry classifications still evolving, names for asset types can themselves vary either according to geographical jurisdiction or to their functionality.