Assets, Ethereum

What Does Ethereum Classic Do?

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 provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.

Classic is also a fork of Ethereum that maintains the original value proposition of Ethereum as a decentralized platform that runs smart contracts, allows for DAOs and Dapps, and resists censorship. The Ethereum Classic team believes in immutability, transparency, and decentralization above all else.

What does Ethereum Classic do? In short, it runs smart contracts and allows for DAOs and Dapps while resisting censorship.

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