Ethereum Classic[ETC]
Ethereum Classic (ETC) is a decentralized blockchain that supports smart contracts and decentralized applications, using a proof-of-work consensus mechanism.
Created in 2016, ETC emerged from an ideological split in the Ethereum community after the DAO attack. The original Ethereum blockchain forked, with ETC retaining the original chain and Ethereum becoming the new one. This fork aimed to return $50 million stolen during the hack, leading to both versions co-existing. Ethereum uses ETH, while the older Ethereum Classic uses ETC.
ETC and Ethereum share basic functionalities, allowing dApp and ERC-20 token creation. However, ETC is incompatible with ETH updates due to their hard fork. This makes ETC's existence partly ideological and a historical record. The network faces security and scalability challenges, processing only about 15 transactions per second, limiting use cases for major financial or real estate projects. ETC is primarily used by its network users to pay transaction "gas" fees.
ETC and Ethereum share basic functionalities, allowing dApp and ERC-20 token creation. However, ETC is incompatible with ETH updates due to their hard fork. This makes ETC's existence partly ideological and a historical record. The network faces security and scalability challenges, processing only about 15 transactions per second, limiting use cases for major financial or real estate projects. ETC is primarily used by its network users to pay transaction "gas" fees.
Smart Contract PlatformFantom EcosystemProof Of Work (PoW)
Current price
24h:4.88%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
89.61%All time low price
2,723.92%Token supply
0 ETC (0%)
152.07M ETC (100%)
$0
$17.39
$0
$2.64B
152.12M ETC (100.03%)