ETC

ETC

Ethereum Classic
$9.70
+0.93%
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  • Market Cap
    $1,128,646,097
  • 24h Vol (Global)
    ฿40,085 ($405,580,079)
  • 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
116,313,299Ethashhttps://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
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
Cardano Breaks 6-Month Slump, Signaling Potential Altcoin Revival
2020-01-28
51% Attack on Bitcoin Is Now Pricier, Attack on Ethereum - Cheaper
2020-01-28
Bitcoin and Altcoins Signaling Bullish Continuation
2020-01-28
Bitcoin Price Pushes Above $8.8K as Bulls Attempt to Reclaim $9,000
2020-01-27
Price Analysis Jan 27: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ETC, XLM
2020-01-27
Crypto Market Sentiment Drops, BTC and ETH in Positive Zone
2020-01-27
Bitcoin and Altcoins Target Fresh Monthly Highs
2020-01-27
Major Swiss Banking Firm Julius Baer Launches Services for Cryptocurrencies
2020-01-27
Top 5 Cryptos This Week (Jan 26): HEDG, DASH, BSV, ETC, XTZ
2020-01-26
Bitcoin and Altcoins Turning Bearish
2020-01-24
Dfinity Launches Open Version of LinkedIn + More News
2020-01-23
Bitcoin and Altcoins Might be Gearing For Another Lift-Off
2020-01-22
Ether, XRP, and DASH Push Higher as the Altcoin Market Gains Momentum
2020-01-21
Peter Schiff: All My BTC Can’t Be Accessed The Conference Exchanges TOKEN 2049 Blockchain Expo Global 2020 Bitcoin 2020 Conference Blockchain Life 2020
2020-01-21
Bitcoin and Altcoins Consolidate Above Key Uptrend Supports
2020-01-21
Bitcoin and Altcoins Uptrend Intact Despite Recent Setback
2020-01-20
Top-5 Cryptos This Week (Jan 19): BSV, DASH, ETC, MIOTA, BCH
2020-01-19
Bitcoin Price Drops Over $500 in 5 Minutes, Top Altcoins Also See Red
2020-01-19
Price Analysis Jan 17: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ETC, TRX
2020-01-17
Ethereum Classic Nears Top 10 Cryptos After Rallying 180%
2020-01-17
Bitcoin Climbs To New 2020 High, Altcoins Gaining Bullish Momentum
2020-01-17
Bitcoin Price Already Up 25% in 2020 After Hitting $9,000
2020-01-17
Coinbase-Backed Crypto Ratings Council Adds eToro, OKCoin
2020-01-16
Binance Futures Launching ETC/USDT Perpetual Contract, ETC Price Up Over 28%
2020-01-15
Bitcoin and Altcoins Bulls Remain In the Driver's Seat
2020-01-14