Ethereum Classic is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions.
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.
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.
NOTE: WARNING: Ethereum Classic is not a Proof-of-Stake (PoS) cryptocurrency. Ethereum Classic is a Proof-of-Work (PoW) blockchain, which means miners can earn rewards for verifying transactions on the network. Investing in Ethereum Classic carries the same risks as any other cryptocurrency investment. Please do your own research and consult a financial advisor before making any investment decisions.
Ethereum Classic is a project with a strong community; by developers, for developers. We believe in decentralization, immutability and trustless computing.
We believe in the original vision of Ethereum as a world computer that you can’t shut down, which runs irreversible smart contracts.
The Ethereum Classic community believes in immutability and trustless computing, and we will continue to develop the Ethereum Classic blockchain as per the original vision.
Ethereum Classic is Proof of Work (PoW). Miners are rewarded based on their share of work done, rather than their share of the total number of blocks mined.
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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. Ethereum Classic is a public, open-source, blockchain-based distributed computing platform featuring smart contract (scripting) functionality.
