Ethereum Classic (ETC)

Ethereum copy with uncensored/unsecured possibilities

#38

Marketcap Ranking

6.166519 (-1.38%) arrow_drop_down

Market Price (24h change)

717,248,129

Total Market Cap

3.1

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info_outline What is ETC

4.7

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ETC Short Description

Ethereum Classic is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum Classic also provides a value token called "classic ether", which can be transferred between participants, stored in a cryptocurrency wallet and is used to compensate participant nodes for computations performed. The classic ether token is traded on cryptocurrency exchanges under the ticker symbol ETC. Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request.

The Ethereum platform has been forked into two versions: "Ethereum Classic" (ETC) and "Ethereum" (ETH). Prior to the fork, the token had been called Ethereum. After the fork, the new tokens kept the name Ethereum (ETH), and the old tokens were renamed Ethereum Classic (ETC). Ethereum Classic appeared as a result of a disagreement with the Ethereum Foundation regarding The DAO Hard Fork. It united members of the Ethereum community who rejected the hard fork on philosophical grounds.

Users that owned ETH before the DAO hard fork (block 1920000) own an equal amount of ETC after the fork. Ethereum Classic passed a technical hard fork to adjust the internal prices for various opcodes of the Ethereum Virtual Machine (EVM) on October 25, 2016, similar to the hard fork committed by Ethereum a week previously. The purpose of the hard fork was a more rational distribution of payments for resource-intensive calculations, which led to the elimination of the favorable conditions for attacks that were previously conducted on ETH and ETC. A hard fork held at the beginning of 2017 successfully delayed the "bomb complexity" that was added to the Ethereum code in September 2015 with a view of exponentially increasing the complexity of mining and the process of calculation of new network units. In late 2017, a hard fork occurred which changed the monetary policy with unlimited emissions to a system similar to Bitcoin..

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ETC Explanation Video

Ethereum vs Ethereum Classic: What is the difference? | Ameer Rosic

Ethereum vs Ethereum Classic: What is the difference? http://www.Ameerrosic.com You'll receive $10 in free bitcoin by signing up with this link ...

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Screenshot from Website

ethereumclassic.org
ETC Websitemore_vert

Visit Webpage

Website Informationclose

Organization: WhoisGuard, Inc.
Name: WhoisGuard Protected
Country: PA
City: Panama
Zipcode: 00000
Address: P.O. Box 0823-03411
Mail: abuse@namecheap.com
Creation date: 2016-07-15
Expiration date: 2023-07-15
Nameserver: THOMAS.NS.CLOUDFLARE.COM

build ETC Product Analysis

4.8

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ETC Whitepaper

Ethereum Classic is an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality. Ethereum Classic is a continuation of the original Ethereum blockchain - the classic version preserving untampered history.


The whitepaper of Ethereum Classic is 133 Pages long.

The most influencial keywords are: Ethereum, Contract, Release, Account, Transactions, Blocks, Test, and Network.

file_downloadOpen Whitepaper
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ETC Competitors

  • 1.) Komodo

    The Komodo Platform focuses on providing complete end-to-end blockchain solutions for developers of any level and any industry. It is simple yet powerful, offering customized blockchain solutions that are easy to deploy, and configurable to meet your needs.

  • 2.) Ubiq

    Ubiq is a decentralized platform which allows the creation and implementation of smart contracts and decentralized applications. Built upon an improved Ethereum codebase, the Ubiq blockchain acts as a large globally distributed ledger and supercomputer, allowing developers to create decentralized and automated solutions to thousands of tasks which today are carried out by third party intermediaries.

  • 3.) Expanse

    Expanse is an Ethereum based blockchain platform for smart contracts.

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ETC Product Analysis

Ethereum Classic was founded back in July 2016. Its source code was released publicly on github on July 2016 under the UNSPECIFIED license.
Organization wise, Ethereum Classics Development is Decentralized and is being developed under the lead of a non-public figure..

The consensus on which the Ethereum Classic network is run is called Proof of Work, while the underlying algorithm is called Ethash.
In the current state of Ethereum Classic currently is Working product

group ETC Community Analysis

3.0

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ETC Communities & Events

Ethereum Classic is an open, decentralized, and permissionless public blockchain, that aims to fulfill the original promise of Ethereum, as a platform where smart contracts are free from third-party interference. ETC prioritizes trust-minimization, network security, and integrity. All network upgrades are non-contentious with the aim to fix critical issues or to add value with newly proposed features; never to create new tokens, or to bail out flawed smart contracts and their interest groups.

view_list r/EthereumClassic Subreddit
person 26,104 Subscribers
directions_run 361 Active Users
create 1 Daily Posts
speaker_notes 1 Daily Comments
linkOpen Subreddit

view_list Telegram: Contact @thclassic Channel
person Members
directions_run Online
linkOpen in Telegram

Official Twitter account for Ethereum Classic

view_list @eth_classic Channel
person 241,190 Followers
12.05.2020
04:30
Join us for the @InputOutputHK Mantis #Crowdcast event next Wednesday! Mantis devs will re-introduce the only 'designed from scratch' @eth_classic node client and showcase the surrounding projects like the Luna Wallet and Mantis testnet. Learn more below! https://t.co/fOXrBkqSZ2 27 favorite
12.04.2020
02:48
By switching the PoW algorithm, $ETC can become a majority chain in its respective algorithm and reclaim the security assumptions of #PoW consensus. Why Change #EthereumClassic's Proof of Work Algorithm to Keccak-256 (SHA3) https://t.co/IhEVNlvEj7 53 favorite
12.03.2020
03:09
#EthereumClassic ‘Thanos’ Hard Fork to Restore Mining with Older GPUs https://t.co/pA6juzdoyF via @Cointelegraph 86 favorite
12.02.2020
04:23
$WETC can be used with any #ERC20-compatible wallet or utility, allowing users participate in the burgeoning #Ethereum-based #DeFI ecosystem #EthereumClassic Users to Access Ethereum with WETC https://t.co/GgcnZN2kWr 68 favorite
11.30.2020
08:21
.@eth_classic's hard fork receives @Binance’s support! https://t.co/Xrx9oCQEqy 108 favorite
11.30.2020
01:41
Oh and by the way, congrats to Thanos #ETCLand!! The future has never been more bright for $ETC! https://t.co/VQb1npc2Gt 67 favorite
11.27.2020
12:20
Thanos will enable long-term, viable #EthereumClassic mining for ~3GB GPUs. Plus NiceHash will not support $ETC mining anymore. All of it is going to be possible thanks to the Thanos hard fork at the end of November. Let’s see what to expect from ETC. https://t.co/gXb3DJmy58 85 favorite
11.27.2020
03:53
Ethereum Classic Network Announces Latest Hardfork; ‘Thanos’ Upgrade Scheduled for Nov 29 20022 https://t.co/3LNIeQQash via @bitcoinsguide 121 favorite
11.26.2020
08:12
Thanos will enable long-term, viable #EthereumClassic mining for ~3GB GPUs. Plus NiceHash will not support $ETC mining anymore. All of it is going to be possible thanks to the Thanos hard fork at the end of November. Let’s see what to expect from ETC. https://t.co/gXb3DJmy58 47 favorite
11.26.2020
03:42
WETC can be used with any ERC-20-compatible wallet or utility, allowing users participate in the burgeoning Ethereum-based DeFI ecosystem Ethereum Classic Users to Access Ethereum with WETC https://t.co/GgcnZNjWl1 47 favorite

There are no events for Ethereum Classic in the next 3 Months

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ETC Google Trends


The Google Trends chart displays the search interest on google in Ethereum Classic relative to its peak over the last year. A rising chart shows growing interest int he project.

code ETC Development Analysis

2.6

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ETC Github Analysis

Code Updates (Commits)


Every change to the codebase of Ethereum Classic is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)


Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 72 Stars
remove_red_eye 29 Watchers
usb 111 Forks
sync_problem 32 Open Issues
border_color 25.77 % Comment Coverage
lock_open UNSPECIFIED License

attach_money ETC Price Analysis

4.3

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ETC Price Prediction

$ 6.294171 (2.68%) arrow_drop_up

Predicted USD Market Price in 24h by Coinpaper

$ 6.620183 (8%) arrow_drop_up

Predicted USD Market Price in 14d by Coinpaper

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Converter ETC - USD

Convert between ETC and USD with the live Ethereum Classic prices, aggregated from all big exchanges that trade Ethereum Classic.


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Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle ETC Team Analysis

4.0

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ETC Team

ETC Team Leader

ETC Team Members (0)

compare_arrows ETC Exchanges

ETC Markets

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# Exchange Pair Price 24h Volume Trusted
# 1 Binance ETC/USDT $ 6.163159 $ 18,688,201 check
# 2 Binance ETC/BTC $ 6.151816 $ 1,941,834 check
# 3 Coinbase Pro ETC/USD $ 6.176000 $ 1,711,484 check
# 4 Coinbase Pro ETC/EUR $ 6.211850 $ 677,402 check
# 5 Bitfinex ETC/USD $ 6.170900 $ 471,866 check
# 6 Binance ETC/BUSD $ 6.174426 $ 320,776 check
# 7 Coinbase Pro ETC/GBP $ 6.214427 $ 237,836 check
# 8 Coinbase Pro ETC/BTC $ 6.209131 $ 183,281 check
# 9 Kraken ETC/EUR $ 6.205789 $ 123,525 check
# 10 Kraken ETC/USD $ 6.174000 $ 98,111 check

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