ETC

ETC

Ethereum Classic
$5.02
+1.86%
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  • Market Cap
    $583,415,876
  • 24h Vol (Global)
    ฿3,799 ($40,603,904)
  • Circulating Supply
    116,313,299
  • Issue Date
    2016-07-23
  • Issue Price
    -
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
210,000,000116,313,2992016-07-23-POW1
blockscout.com
2
etherhub.io
3
gastracker.io
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
121,526,445Ethashhttps://github.com/ethereumclahttps://ethereumclassic.org/COIN

Ethereum Classic is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum Classic also provides a value token called "classic ether", which can be transferred between participants, stored in a cryptocurrency wallet and is used to compensate participant nodes for computations performed. The classic ether token is traded on cryptocurrency exchanges under the ticker symbol ETC. Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request. The Ethereum platform has been forked into two versions: "Ethereum Classic" (ETC) and "Ethereum" (ETH). Prior to the fork, the token had been called Ethereum. After the fork, the new tokens kept the name Ethereum (ETH), and the old tokens were renamed Ethereum Classic (ETC). Ethereum Classic appeared as a result of a disagreement with the Ethereum Foundation regarding The DAO Hard Fork. It united members of the Ethereum community who rejected the hard fork on philosophical grounds. Users that owned ETH before the DAO hard fork (block 1920000) own an equal amount of ETC after the fork. Ethereum Classic passed a technical hard fork to adjust the internal prices for various opcodes of the Ethereum Virtual Machine (EVM) on October 25, 2016, similar to the hard fork committed by Ethereum a week previously. The purpose of the hard fork was a more rational distribution of payments for resource-intensive calculations, which led to the elimination of the favorable conditions for attacks that were previously conducted on ETH and ETC. A hard fork held at the beginning of 2017 successfully delayed the "bomb complexity" that was added to the Ethereum code in September 2015 with a view of exponentially increasing the complexity of mining and the process of calculation of new network units. In late 2017, a hard fork occurred which changed the monetary policy with unlimited emissions to a system similar to Bitcoin.

Introduction

Ethereum Classic is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum Classic also provides a value token called "classic ether", which can be transferred between participants, stored in a cryptocurrency wallet and is used to compensate participant nodes for computations performed. The classic ether token is traded on cryptocurrency exchanges under the ticker symbol ETC. Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request. The Ethereum platform has been forked into two versions: "Ethereum Classic" (ETC) and "Ethereum" (ETH). Prior to the fork, the token had been called Ethereum. After the fork, the new tokens kept the name Ethereum (ETH), and the old tokens were renamed Ethereum Classic (ETC). Ethereum Classic appeared as a result of a disagreement with the Ethereum Foundation regarding The DAO Hard Fork. It united members of the Ethereum community who rejected the hard fork on philosophical grounds. Users that owned ETH before the DAO hard fork (block 1920000) own an equal amount of ETC after the fork. Ethereum Classic passed a technical hard fork to adjust the internal prices for various opcodes of the Ethereum Virtual Machine (EVM) on October 25, 2016, similar to the hard fork committed by Ethereum a week previously. The purpose of the hard fork was a more rational distribution of payments for resource-intensive calculations, which led to the elimination of the favorable conditions for attacks that were previously conducted on ETH and ETC. A hard fork held at the beginning of 2017 successfully delayed the "bomb complexity" that was added to the Ethereum code in September 2015 with a view of exponentially increasing the complexity of mining and the process of calculation of new network units. In late 2017, a hard fork occurred which changed the monetary policy with unlimited emissions to a system similar to Bitcoin.

News
Ethereum Classic (ETC) Upcoming Hard Fork Atlantis Receives Support From OKEx Crypto Exchange
2019-09-12
Ethereum Classic (ETC) Dev Affirms That a Change of Name Would Get Other Cryptos “Rekt”
2019-08-12
Litecoin an Unlikely Champ as Crypto Hedge Funds Continue to Diversify
2020-05-11
Bitcoin price plunges 19% but key data suggests institutions are buying the dip
2020-05-10
Ethereum Classic Premium Suddenly Spikes and Wanes on Coinbase Pro
2020-04-28
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2020-04-21
Grayscale Ethereum Trust Trading at 515% Premium
2020-04-10
Binance Crypto Exchange Shares Scoop on Embezzlement Claims
2020-04-09
Binance Accused of Stealing $1 Million Worth of Assets: Company Denies Everything but Class Action Underway
2020-04-06
Amid Widespread Privacy Coin Delistings, Bitstamp Considers Zcash Support
2020-04-03
Scammers Raise USD 4.9m in Ethereum in 2 Months + More News
2020-04-01
China’s Oldest Exchange OKCoin Readies for Move Into Japan
2020-03-30
Crypto Listing and Delisting Announcements: Week 13
2020-03-30
Bitmain’s Antminer E3 to Continue Mining Ether With New Update
2020-03-30
How Cardano Can Topple Bitcoin and Ethereum
2020-03-30
Crypto Listing and Delisting Announcements: Week 12
2020-03-23
Gitcoin Teams Up With ETCLabs for Crypto Bounty Payments in ETC
2020-03-17
Bitcoin Price Tops $5.9K as Fed Cuts Interest Rates to 0%, Restarts QE
2020-03-15
Top 5 Cryptos This Week (Mar 15): LEO, XLM, ETC, XRP, HT
2020-03-15
Binance: Dash and others supported with Instand Buy via Visa Card
2020-03-07
Coin Race: Tezos & Kyber Network Win February, Bitcoin Suffers Unusual Loss
2020-03-02
Chainlink Climbs on New Collaboration with Ethereum Classic
2020-02-28
Ethereum ProgPow Battle Not Over Yet as Opposition Rises
2020-02-27
Bitcoin and Altcoins Show Post-Crash Recovery Signs
2020-02-27
Bitcoin Erases February’s Gains, BTC Price Sinks Below $8,700
2020-02-27
Institutional Players Ramping up Investments in Bitcoin: What’s in It for Crypto-Industry
2020-02-26
Bitmain’s Antminer E3 Will Allegedly Stop Ethereum Mining in 1 Month: Report
2020-02-24
Crypto Market Sentiment is the Highest It's Been In a Year
2020-02-17
Bitcoin Futures' Open Interest on Bakkt Up 50% in February + More News
2020-02-14
Ethereum Classic (ETC) outperformed ETH with a 160% YTD return in 2020
2020-02-13
Second-Best Month For Bitcoin Futures on CME + More News
2020-02-11
Mastercard, Binance X and Ripple's Xpring Join the Blockchain Education Alliance
2020-02-11
Ethereum Classic Jumps Into DeFi With Fantom Partnership, But Only as Collateral
2020-02-10
Why are some of Twitter’s biggest Bitcoin maximalists shilling Tron?
2020-02-10
Bitcoin Realism Is More Sustainable Than Altcoins Rally - Strategist
2020-02-07
Ethereum Classic Turns Into the Worst Performing Top 20 Coin Today
2020-02-07
Bitcoin and Altcoins Bulls Remain In Driver’s Seat
2020-02-07
Bitcoin and Altcoins Surging, Market Gathering Bullish Momentum
2020-02-06
Why Is Ethereum Classic Rallying: Fluke or Trend?
2020-02-06
Can XRP Price Rally 180% Again if It Breaks 2-Year Downtrend?
2020-02-04
Crypto Market Sentiment Bounces Back; BTC, ETH, ADA in Positive Zone
2020-02-03
Coin Race: Top Winners/Losers of January; Winners Aplenty
2020-02-03
Top 5 Cryptos This Week (Feb 2): ETC, LTC, ADA, MIOTA, ZEC
2020-02-02
Price Analysis Jan 31: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ADA, ETC
2020-01-31
Bitcoin Price Pulls Back to $9.2K, BTC Realized Cap Hits All-Time High
2020-01-31
Ethereum and Ethereum Classic Meet In the Top 10 Club Again
2020-01-30
The price action of these cryptos is signaling that “altseason” is almost here
2020-01-30
Price Analysis Jan 29: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ETC, ADA
2020-01-29
Bitcoin and Altcoins Surging, Rally Might Continue
2020-01-29
Bitcoin Price Rallies to Set a 2020 High Near $9.5K – Is $10K Next?
2020-01-29