Assets, Ethereum

Is Ethereum Classic a Hard Fork?

Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum Classic is a continuation of the original Ethereum blockchain – the classic version preserving untampered history; free from external interference and subjective tampering of transactions.

NOTE: WARNING: Ethereum Classic is not a hard fork of Ethereum. It is an independent blockchain that has been around since 2016 and has its own set of rules, protocols, and consensus mechanisms. Investing in Ethereum Classic carries risks just like any other cryptocurrency. Do your research before investing and be sure to understand the risks associated with it.

Ethereum Classic is a public, open-source, 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.

Is Ethereum Classic a Hard Fork? No, Ethereum Classic is not a hard fork.

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