Ethereum Classic
Ethereum Classic
ETC
Average
0
0
752
Average
0
0
18
Average
0
0
0
Average
0
0
51
Ethereum Classic BasicReport a Data Error
Ethereum Classic Info
Ethereum Classic Team
OrganizationsEthereum Classic Intro
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.
In January 2024, Ethereum Classic underwent the Spiral Hard Fork at block 19,250,000, which improved the network's scalability and performance. While Ethereum has transitioned to Proof-of-Stake (PoS), Ethereum Classic remains committed to Proof-of-Work (PoW), maintaining its original decentralized mining model.
This combination of immutability and continuous development ensures that ETC remains a prominent player in the blockchain ecosystem, preserving the original vision of a decentralized, unalterable ledger.
Above are only for introduction, not intended as investment advice.
Ethereum Classic Unlock & AllocationReport a Data Error
Q&A about Ethereum Classic Tokenomics
Explore the tokenomics of Ethereum Classic (ETC) and review the project details below.
What is the allocation for Ethereum Classic (ETC)?
According to whitepaper, ETC has no pre-defined allocation. Miners who verify new blocks through proof of work receive newly minted ETC rewards.
What is the supply schedule for Ethereum Classic (ETC)?
The supply of ETC is limited. In December 2017, the ETC Foundation voted to limit the maximum supply of ETC to 210,700,000 ETC. ETC has a fixed emission curve. The ETC block reward decreases every 2 years, with the next drop due at block 25,000,000, roughly in May 2024 — from 2.56 ETC to 2.05 ETC per block.
People also watchReport a Data Error
Ethereum Classic Price Live DataReport a Data Error
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.
In January 2024, Ethereum Classic underwent the Spiral Hard Fork at block 19,250,000, which improved the network's scalability and performance. While Ethereum has transitioned to Proof-of-Stake (PoS), Ethereum Classic remains committed to Proof-of-Work (PoW), maintaining its original decentralized mining model.
This combination of immutability and continuous development ensures that ETC remains a prominent player in the blockchain ecosystem, preserving the original vision of a decentralized, unalterable ledger.
Above are only for introduction, not intended as investment advice.