Overview
Ethereum Classic (ETC) is a decentralized smart contract platform that emerged as a hard fork of Ethereum (ETH) in July 2016. It preserves the original Ethereum blockchain following the DAO hack, maintaining a proof-of-work (PoW) consensus mechanism.
Key Features
- Smart Contract Functionality: Hosts decentralized applications (DApps).
- Fixed Supply: Capped at 210.7M ETC.
- PoW Mining: Uses Ethash algorithm, with no plans to transition to proof-of-stake (PoS).
Market Data (Live)
| Metric | Value | Change (24h) |
|------------------|---------------------|--------------|
| Price | â‚©22,653.98 KRW | -2.97% |
| Market Cap | â‚©3.45T KRW | -2.96% |
| Trading Volume | â‚©85.62B KRW | +24.12% |
| Circulating Supply | 152.57M ETC | 72.41% of max |
👉 Track ETC’s Real-Time Price
Ethereum Classic vs. Ethereum
| Aspect | Ethereum Classic (ETC) | Ethereum (ETH) |
|------------------|------------------------|----------------|
| Consensus | PoW | PoS (post-Merge) |
| Supply Cap | 210.7M ETC | No cap |
| Philosophy | Immutability focus | Progressive upgrades |
FAQs
What is Ethereum Classic?
ETC is a continuation of the original Ethereum blockchain after rejecting the DAO hack reversal. It emphasizes decentralization and code immutability.
Where can I buy ETC?
Major exchanges like Binance, OKX, and Huobi Global support ETC trading pairs.
👉 Best Platforms to Trade ETC
How does ETC differ from ETH?
- Technical: ETC retains PoW; ETH transitioned to PoS.
- Governance: ETC has no formal leadership; ETH follows Ethereum Improvement Proposals (EIPs).
Historical Performance
- All-Time High: â‚©240,065.80 (May 2021).
- All-Time Low: â‚©616.59 (July 2016).
Security Notes
ETC has faced 51% attacks due to lower hash rates. Developers prioritize enhancing network robustness.
Related Cryptocurrencies
Explore similar assets:
- Ethereum (ETH)
- Bitcoin Cash (BCH)
- Cardano (ADA)
👉 Compare ETC with Top Coins
Data updated dynamically. For institutional insights, visit CoinMarketCap API.
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