Assets, Ethereum

What Is the Point of Ethereum Classic?

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 an open-source blockchain platform that is not officially supported by any organization or entity. Although it is a decentralized public blockchain, Ethereum Classic has not been thoroughly audited and the codebase may contain unknown bugs or vulnerabilities. Therefore, users should proceed with caution when using Ethereum Classic and should only use it if they are knowledgeable about its risks.

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.

The point of Ethereum Classic is to provide a more secure and trustless platform for running smart contracts and decentralized applications. By keeping the original Ethereum blockchain intact, Ethereum Classic provides a stable and robust platform for developers to build upon.

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