ETC Specifications

Type

COIN

Algorithm

Ethash

Protocol

POW

Start Date

23/07/2016

Max Supply

210,000,000

Circ. Supply

150,431,357

Website

Explorer

Social Media

Info

Ethereum Classic (ETC) is a decentralized blockchain platform that supports smart contracts and decentralized applications (dApps). Created to preserve the original Ethereum blockchain, ETC emphasizes immutability and decentralization as its core principles. The ETC token is used for transaction fees, staking and governance while being widely available on major exchanges to ensure liquidity for its ecosystem.

Market Impact

Ethereum Classic has maintained its relevance by offering a decentralized and immutable blockchain platform. Its support for smart contracts and token swaps has attracted developers seeking alternatives to Ethereum. Additionally, the availability of ETC on global exchanges has boosted liquidity, making it a reliable option for users and enterprises alike.

History

Ethereum Classic was established in 2016 following the infamous DAO exploit, which led to a split in the Ethereum network. While the new chain continued as Ethereum (ETH), the original blockchain was retained as Ethereum Classic to uphold the principle of blockchain immutability. Over the years, ETC has implemented several upgrades to enhance security and scalability, maintaining its compatibility with Ethereum-based smart contracts. Its listing on leading exchanges has also enabled seamless token swaps and increased adoption.

Features

Immutability
Ethereum Classic remains committed to preserving an immutable ledger, ensuring that all transaction history cannot be altered.
Smart Contract Support
ETC provides a robust platform for developing decentralized applications, compatible with Ethereum-based smart contracts.
Decentralized Governance
ETC token holders play a role in decision-making, ensuring transparency and decentralization in protocol upgrades.

Website

Explorer

Social Media

*The indicators above, do not represent an investment advice and should not be treated as such. Please make your own research and risk assessment before exchanging your assets.