Cryptocurrency Ethereum Classic (ETC): review, course and chart

Offer 101,887,410 ETC

The cryptocurrency was created in the summer of 2016 after the split of the Etherium. The branching occurred after a major hacker attack on The DAO. Users that actively support the idea of decentralization have moved to Classic. According to the developers, Etherium Classic is a self-sufficient cryptocurrency capable of development without central administration.

Ethereum Classic is a decentralized open-source blockchain-based computing platform with smart contract functionality to create decentralized applications.

The main purpose is to ensure the preservation of the original ETH blockchain. The platform has the same functions, the same principle, and the same mechanics as Ethereum. Besides, it provides similar opportunities. The source codes have been redesigned to prevent repeated hacking.

All decisions within the project are made by several development teams, while all decisions related to ETC are made by one organization. Ethereum Classic has a number of advantages such as stability, steadiness, permanence, and sound liquidity. Blockchain and contract records are not subject to outside influence, so it is impossible to change the data put on the register. The technical feature of Ethereum Classic is characterized by higher bandwidth.

Network users can store currency in their wallets, share it with each other, use it to pay for the calculations in mining, and use to create their own digital tokens. ETC is traded on many popular exchanges.

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10 Ethereum Classic (ETC)