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Ethereum Classic News

Ethereum Classic is a blockchain-based smart contract platform for powering decentralized applications, or DApps.

This blockchain and its native cryptocurrency, ETC, are the result of a split in the Ethereum network following the infamous DAO hack of July 2016, in which an attacker compromised 3.6 million Ether (ETH) — one of the largest hacks in history — creating a rift in the Ethereum community on how to respond: accept the hack had happened and fully commit to the ethos of censorship-resistance and immutability, or gauge community sentiment informally and save the funds through a hard fork. Supporters of the first option maintained the legacy chain and transaction record after the fork, resulting in Ethereum Classic.

While the network is cross-compatible with Ethereum applications, with shared architecture and programming language support, the network later adapted a completely new monetary policy and design roadmap from its progenitor. In March 2017, Ethereum Classic adopted a fixed supply cap and ETC issuance rate more similar to Bitcoin than Ethereum. The network has also committed to proof-of-work consensus in contrast to Ethereum’s long-planned transition to proof-of-stake.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Developer bounty platform Gitcoin has partnered with Ethereum Classic Labs to offer bounties in ETC.

Gitcoin Teams Up With ETCLabs for Crypto Bounty Payments in ETC

2020-03-17T18:39:00+00:00

2631

Most top performers of the past week have bounced sharply from their lows, which is a positive sign as it indicates buying at lower levels.

Top 5 Cryptos This Week (Mar 15): LEO, XLM, ETC, XRP, HT

Rakesh Upadhyay

2020-03-15T16:10:00+00:00

6335

Once the “world's most powerful” hardware for mining Ether, Antminer E3 will allegedly stop mining the coin in about 45 days, 2Miners says.

Bitmain’s Antminer E3 Will Allegedly Stop Ethereum Mining in 1 Month: Report

2020-02-24T20:21:00+00:00

35076

Ethereum Classic Labs and Fantom Foundation are joining forces to promote decentralized finance, using Fantom’s ecosystem for the base and ETC as collateral.

Ethereum Classic Jumps Into DeFi With Fantom Partnership, But Only as Collateral

Andrey Shevchenko

2020-02-10T19:42:00+00:00

6238

The top crypto performers of this week have resumed their up move and are now likely to rally to their next overhead resistance levels.

Top 5 Cryptos This Week (Feb 2): ETC, LTC, ADA, MIOTA, ZEC

Rakesh Upadhyay

2020-02-02T17:30:00+00:00

8736

The bears are attempting to stall the current rally but bulls are likely to defend the closest support levels, suggesting each dip represents a buying opportuni...

Price Analysis Jan 31: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ADA, ETC

Rakesh Upadhyay

2020-01-31T18:55:00+00:00

11921

Bitcoin and a few other altcoins have broken above their 200-day SMA, which indicates the possibility of the start of a new uptrend.

Price Analysis Jan 29: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ETC, ADA

Rakesh Upadhyay

2020-01-29T18:39:00+00:00

12191

Most major cryptocurrencies have risen sharply from their recent lows which shows that bulls are building positions on every dip.

Price Analysis Jan 27: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ETC, XLM

Rakesh Upadhyay

2020-01-27T18:59:00+00:00

9767