ETC

ETC

Ethereum Classic
$7.18
+2.13%
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  • Market Cap
    $794,704,837
  • 24h Vol (Global)
    ฿30,321 ($240,264,677)
  • Circulating Supply
    110,706,253
  • Issue Date
    2016-07-23
  • Issue Price
    -
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
210,000,000110,706,2532016-07-23-POW1
blockscout.com
2
etherhub.io
3
gastracker.io
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
110,706,253Ethashhttps://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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Five most prolific 51% attacks in crypto: Verge, Ethereum Classic, Bitcoin Gold, Feathercoin, Vertcoin
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51% Attacks on Crypto Becoming More Expensive Again (Not For Everyone)
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Ethereum Classic Price Gains 20% in Quick Succession
2019-04-07
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Coinbase Pro Adds Support for Stellar Lumens
2019-03-14
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Fighting Crypto Hacks: Company Tackles Security Issues in Ethereum Smart Contracts
2019-03-13
Coinbase Pro Lists Stellar Lumens
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CV Market Watch™: Weekly Crypto Trading Overview (March 1 - 8)
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Ethereum’s ProgPoW Proposal: An Expensive Game of Whack-a-Mole
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Why Proof-of-Work is Better Than Proof-of-Stake: Ethereum Classic Labs Tech Coordinator
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Bitcoin Cash, Litecoin and Ethereum Classic Lose Support From the Thai SEC: Expert Opinion
2019-03-05
TradingView Adds First Crypto Index to Charts and Analysis Platform
2019-03-04
Former ETCDev Member: Ethereum Could Threaten Ethereum Classic
2019-03-04
Thai SEC Bans Three Cryptocurrencies from ICO Investment, Trading Pairs
2019-03-01
Ripple XRP Now Available to Retail Investors on Coinbase.com and Its Mobile Apps
2019-03-01
Thai SEC Added 3 Cryptos to List of Crypto Assets Suitable for ICOs and Trading
2019-02-28
Ethereum Classic Price Moves up as “Wrapped ETC” Plans Take Shape
2019-02-27
Coinbase Pro is adding Ripple (XRP) support for trading
2019-02-27
Coinbase Pro Adds Support for XRP
2019-02-25
Crypto Markets See Double-Digit Crash, Asian Markets Soar as Trump Delays Tariff Hike
2019-02-25
Bitcoin and Altcoins Trimmed Gains, Recovery Could Face Hurdles
2019-02-25
Bitcoin Drops Sharply to Below $3,900, Total Market Cap Sheds $15 Billion
2019-02-24
51% Attacks for Rent : The Trouble with a Liquid Mining Market
2019-02-23
Ethereum Classic Price Gains 6% as Developers Mull ETH 2.0 Roadmap Implementation
2019-02-22
Major Crypto Exchange OKEx Adds Four New Margin Trading Pairs
2019-02-19
Bitcoin Stops Above USD 3.900, Altcoins Extend Rally
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Ethereum Classic Price Gains 12% in Ongoing Push to $5
2019-02-19
Iota Foundation Partners With Incubator Nova to Fund Startups Using Blockchain
2019-02-18
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2019-02-17
Grayscale Q4 2018 Report: Institutional Investors Provide 66% of Capital Inflow
2019-02-15
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2019-02-14
Bitcoin Could Become Less Volatile Than XRP, Scholar Argues
2019-02-13
Bitcoin Stuck Around $3,400 as the Stock Market Sees a Minor Downturn
2019-02-07
Better Late Than Never: Coinbase Wallet Finally Adds Support for Bitcoin
2019-02-07
Why Google Data Scientists Are Interested in Ethereum Classic
2019-02-05
State of Blockchains: Community Perspectives
2019-02-04
Ethereum Classic’s 51 Percent Attack Highlights the Challenges of Proof-of-Work Coins
2019-02-02
Two Ethereums Stop Not Talking To Each Other
2019-02-02
ConsenSys Developer Joins Ethereum Classic Cooperative as Executive Director
2019-01-31
XLM Linked To Stellar Foundation Make Their Way To Exchanges
2019-01-30