Charles Hoskinson, the CEO at Input Output HK (IOHK), a research and development (R&D) company focused on the development of cryptographic algorithms and distributed systems, has said that the Ethereum Classic (ETC) project may indirectly help the Ethereum (ETH) network by allowing it more easily transition from proof-of-work (PoW) to proof-of-stake (PoS)-based consensus. Hoskinson, an analytics and number theory dropout from the University of Colorado, Boulder, has also been critical of how Ethereum co-founder Joe Lubin had been running various crypto-related businesses.
