ETC

ETC

Ethereum Classic
$8.42
-2.00%
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  • Market Cap
    $979,160,245
  • 24h Vol (Global)
    ฿34,068 ($284,540,429)
  • Circulating Supply
    116,313,299
  • Issue Date
    2016-07-23
  • Issue Price
    -
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
210,000,000116,313,2992016-07-23-POW1
blockscout.com
2
etherhub.io
3
gastracker.io
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
116,319,838Ethashhttps://github.com/ethereumclahttps://ethereumclassic.org/COIN

Ethereum Classic is an open-source, public, 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. Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request. The Ethereum platform has been forked into two versions: "Ethereum Classic" (ETC) and "Ethereum" (ETH). Prior to the fork, the token had been called Ethereum. After the fork, the new tokens kept the name Ethereum (ETH), and the old tokens were renamed Ethereum Classic (ETC). Ethereum Classic appeared as a result of a disagreement with the Ethereum Foundation regarding The DAO Hard Fork. It united members of the Ethereum community who rejected the hard fork on philosophical grounds. Users that owned ETH before the DAO hard fork (block 1920000) own an equal amount of ETC after the fork. Ethereum Classic passed a technical hard fork to adjust the internal prices for various opcodes of the Ethereum Virtual Machine (EVM) on October 25, 2016, similar to the hard fork committed by Ethereum a week previously. The purpose of the hard fork was a more rational distribution of payments for resource-intensive calculations, which led to the elimination of the favorable conditions for attacks that were previously conducted on ETH and ETC. A hard fork held at the beginning of 2017 successfully delayed the "bomb complexity" that was added to the Ethereum code in September 2015 with a view of exponentially increasing the complexity of mining and the process of calculation of new network units. In late 2017, a hard fork occurred which changed the monetary policy with unlimited emissions to a system similar to Bitcoin.

Introduction

Ethereum Classic is an open-source, public, 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. Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request. The Ethereum platform has been forked into two versions: "Ethereum Classic" (ETC) and "Ethereum" (ETH). Prior to the fork, the token had been called Ethereum. After the fork, the new tokens kept the name Ethereum (ETH), and the old tokens were renamed Ethereum Classic (ETC). Ethereum Classic appeared as a result of a disagreement with the Ethereum Foundation regarding The DAO Hard Fork. It united members of the Ethereum community who rejected the hard fork on philosophical grounds. Users that owned ETH before the DAO hard fork (block 1920000) own an equal amount of ETC after the fork. Ethereum Classic passed a technical hard fork to adjust the internal prices for various opcodes of the Ethereum Virtual Machine (EVM) on October 25, 2016, similar to the hard fork committed by Ethereum a week previously. The purpose of the hard fork was a more rational distribution of payments for resource-intensive calculations, which led to the elimination of the favorable conditions for attacks that were previously conducted on ETH and ETC. A hard fork held at the beginning of 2017 successfully delayed the "bomb complexity" that was added to the Ethereum code in September 2015 with a view of exponentially increasing the complexity of mining and the process of calculation of new network units. In late 2017, a hard fork occurred which changed the monetary policy with unlimited emissions to a system similar to Bitcoin.

News
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Ethereum Classic (ETC) Dev Affirms That a Change of Name Would Get Other Cryptos “Rekt”
2019-08-12
Bitcoin and Altcoins Turning Bearish
2020-01-24
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2020-01-23
Bitcoin and Altcoins Might be Gearing For Another Lift-Off
2020-01-22
Ether, XRP, and DASH Push Higher as the Altcoin Market Gains Momentum
2020-01-21
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2020-01-21
Bitcoin and Altcoins Consolidate Above Key Uptrend Supports
2020-01-21
Bitcoin and Altcoins Uptrend Intact Despite Recent Setback
2020-01-20
Top-5 Cryptos This Week (Jan 19): BSV, DASH, ETC, MIOTA, BCH
2020-01-19
Bitcoin Price Drops Over $500 in 5 Minutes, Top Altcoins Also See Red
2020-01-19
Price Analysis Jan 17: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ETC, TRX
2020-01-17
Ethereum Classic Nears Top 10 Cryptos After Rallying 180%
2020-01-17
Bitcoin Climbs To New 2020 High, Altcoins Gaining Bullish Momentum
2020-01-17
Bitcoin Price Already Up 25% in 2020 After Hitting $9,000
2020-01-17
Coinbase-Backed Crypto Ratings Council Adds eToro, OKCoin
2020-01-16
Binance Futures Launching ETC/USDT Perpetual Contract, ETC Price Up Over 28%
2020-01-15
Bitcoin and Altcoins Bulls Remain In the Driver's Seat
2020-01-14
POV Crypto - Hashing out the DAO Fork and the difference between BTC and ETH Nodes with Anthony Lusardi
2020-01-14
South Korean Crypto YouTuber’s Attacker Flees to Australia + More News
2020-01-13
Ethereum Classic Cooperative Warns Public Against Apparent Hard Fork Scam
2020-01-13
Binance Will Support the Upcoming Ethereum Classic (ETC) Agharta Network Upgrade
2020-01-10
Ethereum Classic Rallies Ahead of Agharta More Than Before Atlantis
2020-01-09
Bitcoin Still Uncorrelated with Gold & Stocks; A New Trend Emerging?
2020-01-08
4 Signs the Cryptocurrency Altcoin Market May Have Finally Bottomed
2020-01-07
Top-5 Cryptos This Week (Jan 5): BSV, XMR, ETC, BCH, LEO
2020-01-05
Here’s What Must Happen for $9K Bitcoin Price in the Coming Months
2020-01-04
2019 in Review: Another Year of Highs and Lows for Crypto
2020-01-02
Five Most Active Altcoins: How they Fared in 2019
2019-12-31
Top-5 Cryptos This Week: BCH, BSV, ETC, EOS, ATOM
2019-12-29
Bitcoin and Altcoins Confined In Crucial Range, Bulls Struggling
2019-12-27
Bitcoin Price Holds Above $7.1K as Trader Eyes Q1 2020 Bottom Forming
2019-12-27
Agharta Hard Fork to Bring Full Compatibility Between ETC And ETH
2019-12-26
Crypto Games: A Review TOKEN 2049
2019-12-24
UK’s Oldest Exchange to Delist Ethereum and Bitcoin Cash + More News
2019-12-17
ETC Labs Core Rebrands to ETC Core to Clarify Difference With ETC Labs
2019-12-16
Exploring the Intersection of Blockchain & Crowdfunding
2019-12-16
Regulated Swiss Crypto Bank SEBA Expands Services to 9 New Countries
2019-12-12
New Crypto Rules in New York + More News
2019-12-11
US SEC Approves BTC Futures Fund to Offer Shares to Institutional Investors
2019-12-06
BitFlyer’s New ‘Instant Buy’ Feature Lets Users Buy Crypto With Cards or Transfers
2019-12-06
China’s CBDC Showcases Interoperability As Centralization’s Weakness
2019-12-04
SoFi Obtains BitLicense to Offer Crypto Trading Services in New York
2019-12-03
BitTok Launches Mainstream Blockchain Assets
2019-12-02
Altcoin Market Capitalization Shrinks Despite Volume Boost Since 2017
2019-11-20
Coinbase Confirmations Suggest Litecoin (LTC) More Vulnerable to 51% Attack
2019-11-20
Crypto Exchange OKEx Launches Bitcoin Futures Margined With Tether
2019-11-14
Regulated Swiss Crypto Bank SEBA Opens Doors
2019-11-12
Ethereum Name Service now enables users to register remaining 3-character .ETH addresses
2019-11-08
Bitcoin News Summary – September 2, 2019
2019-10-29