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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?

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Shiba Inu rebounds 40% despite major selling by SHIB whales

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

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The next few days will decide whether cryptocurrencies will fall in tandem with equity and crude oil due to coronavirus or will they buck the trend.

Top 5 Cryptos This Week (Jan 26): HEDG, DASH, BSV, ETC, XTZ

Rakesh Upadhyay

2020-01-26T16:25:00+00:00

11524

After the recent run-up, most top crypto performers of the past week are showing signs of entering a minor correction or consolidation.

Top-5 Cryptos This Week (Jan 19): BSV, DASH, ETC, MIOTA, BCH

Rakesh Upadhyay

2020-01-19T16:25:00+00:00

7718

Most major cryptocurrencies have resumed their up move, which shows that the rally can extend for a few more days.

Price Analysis Jan 17: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, ETC, TRX

Rakesh Upadhyay

2020-01-17T17:16:00+00:00

14973

The Ethereum Classic Cooperative is warning the public against an apparent scam that is attempting to exploit users the day after the altcoin completed its hard...

Ethereum Classic Cooperative Warns Public Against Apparent Hard Fork Scam

2020-01-13T12:02:00+00:00

6813

Few of the top five cryptocurrency performers of the past seven days are showing signs of bottoming out. Can they start a new uptrend?

Top-5 Cryptos This Week (Jan 5): BSV, XMR, ETC, BCH, LEO

Rakesh Upadhyay

2020-01-05T15:59:00+00:00

6837

The top five performers of the past seven days are bouncing off their support levels, which indicates a pick up in demand.

Top-5 Cryptos This Week: BCH, BSV, ETC, EOS, ATOM

Rakesh Upadhyay

2019-12-29T15:47:00+00:00

5417

ETC Labs works to ensure full compatibility between ETC and ETH as the upcoming Agharta hard fork is supposed to create backward compatibility between the two.

Agharta Hard Fork to Bring Full Compatibility Between ETC And ETH

2019-12-26T22:15:00+00:00

7908

The Deutsche Bank Imagine 2030 report highlights centralized tokens as the driver for fiat’s demise.

Crypto Will Eventually Replace Fiat, but How Soon and Where?

2019-12-20T04:30:00+00:00

10622