ETC

ETC

Ethereum Classic
$6.34
+0.96%
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  • Market Cap
    $709,909,941
  • 24h Vol (Global)
    ฿19,002 ($195,466,911)
  • Circulating Supply
    112,043,867
  • Issue Date
    2016-07-23
  • Issue Price
    -
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Max SupplyCirculating SupplyIssue DateIssue PriceConsensus ProtocolExplorer
210,000,000112,043,8672016-07-23-POW1
blockscout.com
2
etherhub.io
3
gastracker.io
Total SupplyCryptographic AlgorithmSource CodeWhite PaperWebsiteType
112,043,867Ethashhttps://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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$SCV from Japanese No.1 Crypto App CoinView, listing on Hotbit Exchange from July 1st.
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Golem Launches New Entity Based on Its 2016 Crowdfunding
2019-06-28
Discovering Atlantis: Ethereum Classic Hard Fork and What Will Change
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Bitcoin Falls Under $10,800 as US Stock Market Sees Minor Uptrend
2019-06-27
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2019-06-27
Bitcoin and Altcoins Start Strong Downside Correction
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Grayscale’s Ethereum Security Now Listed on OTC Markets
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CV Market Watch™: Weekly Crypto Trading Overview (June 14-21, 2019)
2019-06-21
Ethereum Classic (ETC) Developers Schedule Hard Fork for September 17
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Activation of ETC’s Hard Fork Coming in September
2019-06-21
Atlantis Hard Fork Scheduled for September 17th
2019-06-21
Atlantis Hard Fork for Ethereum Scheduled for September 17 Launch
2019-06-20
Ethereum Classic’s Next Crypto Code Upgrade Set for September
2019-06-20
Georgian Gov’t, IOHK Partner to Develop Blockchain in Education, Ministry Services
2019-06-17
Hodler’s Digest, June 10–16: Top Stories, Price Movements, Quotes and FUD of the Week Top Stories This Week
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Blockchain Developer Dispatch Labs Suffers Losses Despite Market Recovery
2019-06-15
United States Residents Will Lose Access to Many Altcoins Starting in September
2019-06-14
CV Market Watch™: Weekly Crypto Trading Overview (June 7-14, 2019)
2019-06-14
Coinbase crypto debit card now available in six more countries in Europe
2019-06-12
Ethereum Classic to Accelerate 'Greater Collaboration' with Ethereum
2019-06-10
Ethereum Classic to Test Code for ‘Atlantis’ Upgrade This Month
2019-06-07
Bitcoin Reclaims $8K as Coins See Green, Experts Warn of Ominous Stock Market Volatility
2019-06-07
Bitcoin Holds Over $7,800 as US Stock Market Sees Minor Uptrend
2019-06-05
The Land of the Free: Why Decentralization Matters in the Crypto Republic
2019-06-05
Bitcoin Drops Below $8K, Stocks See Volatility Amid Global Trade Tensions
2019-06-04
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2019-06-02
Up, down, or sideways? Ethereum Classic, Ontology, OmiseGo, Augur, 0x technical analysis
2019-05-31
Ethereum Classic May Delay Upcoming Hard Fork ‘Atlantis’
2019-05-30
Bitcoin Breaks $9,000 In Latest Landmark Price Point
2019-05-30
Grayscale: BTC Holdings Make Up $1.97B of $2.1B Assets Under Management
2019-05-29
Top Coins Are Trading Sideways While Oil Reports Mixed Signals
2019-05-28
Bitcoin and Major Altcoins Outperformed by XRP and EOS
2019-05-27
Is Rolling Back the Bitcoin Blockchain Possible and What Would it Do to Bitcoin?
2019-05-27
BCH May Have Sustained $1.3 Million+ Double Spend: BitMex Research
2019-05-26
Two Miners Purportedly Execute 51% Attack on Bitcoin Cash Blockchain
2019-05-25
CV Market Watch™: Weekly Crypto Trading Overview (May 17-24, 2019)
2019-05-24