ETC Ethereum Classic Rank #64 $6.66 ▼ 6.20%
Ethereum Classic (ETC) is a forked version of the Ethereum blockchain that emerged as a result of the DAO (Decentralized Autonomous Organization) attack in 2016. It maintains the pre-fork blockchain history and leverages the same core blockchain technology as Ethereum, including smart contracts and a virtual machine. ETC operates on the Proof-of-Work (PoW) consensus mechanism, ensuring decentralization, security, and immutability, while supporting the development of decentralized applications. ETC’s compatibility with Ethereum’s tools makes it easier for developers to migrate smart contracts between the two chains or create new applications. ETC continues to uphold its founding principle of immutability, where "Code is Law," rejecting any modifications to the blockchain, even after events like the DAO hack. This strong commitment to the original blockchain philosophy distinguishes Ethereum Classic from Ethereum, which rolled back the chain post-hack.
Ethereum Classic (ETC) yet to make Zipp headlines
When Zipp's editorial pipeline picks up a Ethereum Classic story, it lands here first. Until then, here are three useful paths:
Ethereum Classic (ETC) — FAQ
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What is Ethereum Classic?
Ethereum Classic (ETC) is a forked version of the Ethereum blockchain that emerged as a result of the DAO (Decentralized Autonomous Organization) attack in 2016.
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When was Ethereum Classic launched?
Ethereum Classic (ETC) launched on 2015-07-30.
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What kind of project is Ethereum Classic?
Ethereum Classic (ETC) is categorised as: Smart Contract Platform, Layer 1 (L1), Proof of Work (PoW).
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Where is Ethereum Classic's official website?
The official Ethereum Classic site is http://ethereumclassic.org.
