Ethereum Classic
ETC
$8.45
Current Price
+0.03%
24h Change
Info
ETC
Symbol
$1.34B
Fully Diluted Valuation
$1.34B
Market Cap
69
Market Rank
158.23M
Total Supply
$76.85M
Total Volume
$8.77
24h High
$8.22
24h Low
About Ethereum Classic
Ethereum Classic (ETC) emerged from the original Ethereum blockchain following a contentious hard fork in 2016, driven by a commitment to uphold the principles of immutability and decentralization. Its core mission is to maintain the original Ethereum ethos, offering a blockchain that prioritizes code as law, where transactions and smart contracts cannot be altered once executed. This makes Ethereum Classic particularly appealing to projects and users who value consistency and resistance to external interference, positioning it as a blockchain that honors the sanctity of trustless transactions and historical integrity. Technologically, Ethereum Classic retains the foundational elements of Ethereum, such as support for Turing-complete smart contracts, while operating on a Proof-of-Work (PoW) consensus mechanism akin to Bitcoin's, ensuring robust security and decentralization. Its ecosystem is growing, with a focus on integrating decentralized finance (DeFi) applications and fostering a vibrant developer community that continues to innovate despite its smaller scale compared to Ethereum. While Ethereum Classic faces competition, its unique selling proposition lies in its unwavering dedication to immutability, attracting a niche market of developers and projects that prioritize blockchain integrity. This commitment is underscored by partnerships and collaborations that enhance its security, scalability, and appeal within the broader blockchain landscape.
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FAQ
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