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.
ETC is set to launch a new era of applications and smart contracts while providing a more secure and stable blockchain platform than its predecessors. By design, ETC reduces the risk of fraud and third party interference, while offering the same flexibility and opportunities for developers as the Ethereum network.
NOTE: WARNING: Ethereum Classic (ETC) is an open-source, public blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It is the original version of Ethereum and the continuation of the original Ethereum blockchain – the classic version preserving untampered history; free from external interference and subjective tampering of transactions. While Ethereum Classic is a legitimate cryptocurrency, it carries a high degree of risk due to its market volatility, highly speculative nature, and lack of regulatory oversight. Investing in ETC should be done with extreme caution as there is a risk of significant losses.
The Ethereum Classic community believes in immutability and trustless execution of smart contracts. We believe that distributed networks will power the future of computing and business.
We believe in decentralization, code is law, and immutable ledger principles. These core values guide our development decisions and interactions with other projects in the space.
The Ethereum Classic team is comprised of passionate developers from all over the globe who share a belief in the power of decentralization to create opportunity for everyone. We are building an accessible, secure, and sustainable blockchain platform for the advancement of humanity.
10 Related Question Answers Found
In 2016, the Ethereum network experienced a major attack that resulted in the loss of millions of dollars worth of Ether. The attackers took advantage of a flaw in the network’s code to siphon off funds from user wallets. In response to the attack, the Ethereum community decided to hard fork the network, which created two separate blockchain networks: Ethereum (ETH) and Ethereum Classic (ETC).
When it comes to the future of Ethereum Classic, things are looking pretty good. The project has a strong team of developers, a passionate community, and a solid roadmap. Additionally, Ethereum Classic has already proven to be a very successful blockchain with a lot of real-world use cases.
Since their inception, both Ethereum and Ethereum Classic have been widely regarded as two of the most promising cryptocurrency projects in the industry. Both platforms offer a decentralized Turing-complete virtual machine, known as the Ethereum Virtual Machine (EVM), which allows for the execution of smart contracts. In addition, both platforms make use of a blockchain that supports a native cryptocurrency, Ether (ETH).
When it comes to Ethereum and Ethereum Classic, there are a few key differences that investors need to be aware of. First and foremost, Ethereum Classic is an original version of Ethereum that did not implement a hard fork following the DAO hack in 2016. As a result, Ethereum Classic maintains the original blockchain from before the fork, while Ethereum has since moved on to a new blockchain.
When it comes to Ethereum and Ethereum Classic, both platforms share a lot in common. Both platforms are decentralized, both use smart contracts, and both have their own cryptocurrency token – Ether. However, there are also some key differences between the two platforms that investors need to be aware of.
When it comes to Ethereum and Ethereum Classic, both are blockchain networks that are similar in many ways but there are also some key differences between the two. Both platforms offer a decentralized way to build and run apps and smart contracts, but Ethereum Classic focuses more on immutability and security while Ethereum focuses more on flexibility and innovation. Here is a more detailed breakdown of the key differences between Ethereum and Ethereum Classic:
Ethereum vs.
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.
The cryptocurrency market is in a constant state of flux, with new coins and tokens being created all the time. This can make it difficult to keep track of all the different projects out there, and to know which ones have a future. One coin that has been around for a while now is Ethereum Classic (ETC).
Ethereum Classic is a fork of the Ethereum blockchain. It came about as a result of a hard fork following the DAO hack in 2016. The hard fork split the Ethereum community, with some supporting the fork and others against it.
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 project with a strong community; by people who believe in decentralization and immutable history.
