Ethereum Classic

Apps, Wallets, and Exchanges that integrate with ETC; 100% unaudited, so watch out for the rug pulls! Community Since the creation of Ethereum Classic, EthereumClassic.org has served as an unofficial source of information about the project, and has been maintained by various community members throughout the years.

Market Overview Spot Market No. of Cryptocurrencies Bitcoin Treasuries BNB Treasuries Exchange Inflows/Outflows Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure Ethereum Classic (ETC) is the original Ethereum (ETH) blockchain that launched in July 2015. Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps ). Its native token is ETC. Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum , with the two networks’ technical roadmap diverging further and further from each other with time. Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH. Ethereum Classic is in fact the legacy chain of Ethereum, and its true creator is therefore the original Ethereum founder — Vitalik Buterin. A contentious hard fork on Ethereum occurred in July 2016, when participants disagreed over whether to revert the blockchain to cancel out the effects of a major hack. This impacted The DAO, a decentralized autonomous organization (DAO ) which had raised approximately $150 million in an initial coin offering (ICO ) several months earlier. Ethereum Classic came into being as the network which did not revert the chain. Developers state that there is no “official” team attached to the project, and that its “global development community is a permissionless 'do-ocracy,' where anyone can participate.” Programmability: ETC is programmable with smart contracts making it much more versatile and useful than other simpler cryptocurrency chains such as Bitcoin or Litecoin. Full replication: ETC is most secure because it is fully replicated across all nodes of the network. Where other smart contract blockchains are implementing “sharding”, “parachains”, or “sidechains” that reduce security, ETC will remain fully replicated. Composability: Composability in ETC means that all the applications enabled by programmability are inside the same system, thus making them equally secure and also able to interact with each other in single complex transactions. Size: The larger a blockchains is, and even more if it is the largest in its category, makes the system eve more secure. ETC is the largest smart contracts blockchain that is proof of work and has a fixed monetary policy. All the above unique features combined make ETC dapps the most secure daps in the world. Ethereum Classic (ETC ) and Ethereum (ETH) are two separate blockchain networks that share a common history but have since diverged in philosophy and development. Ethereum Classic is the original version of Ethereum that was launched in 2015. It is a decentralized, open-source blockchain platform that allows developers to build and deploy decentralized applications (dApps) and smart contracts. Ethereum Classic secures its network using a Proof-of-Work (PoW) consensus algorithm. One of the main differences between Ethereum Classic and Ethereum is their approach to governance. Ethereum has a more centralized system, with a core development team that makes decisions about the platform's future. In contrast, Ethereum Classic has a more decentralized approach to governance, with decisions made by the community through a consensus process. Another key difference between the two is their development roadmap. Ethereum has transitioned from a Proof-of-Work (POW) consensus algorithm to a Proof-of-Stake (PoS) algorithm after The Merge in September 2022. Ethereum Classic, on the other hand, has focused on maintaining its original PoW algorithm and staying true to its decentralized philosophy. ETC began in a very similar technical state to ETH, with the exception of how the DAO hack transactions were handled. Since laun