Ethereum Classic (ETC) News, Price Predictions, Opinions and Analyses Created by Users

Ethereum Classic (ETC)

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Ethereum Classic (ETC) is a hard fork of the Ethereum network, following the DAO attack in 2015. The DAO was an investment initiative on Ethereum, but a security vulnerability was discovered that resulted in the theft of $50 million in Ether from The DAO’s accounts. It was decided by some members of the community that a hard fork would be a good way to restore the stolen funds back to their rightful owners.

The primary difference between Ethereum Classic and Ethereum is that the former is guided by a very strong philosophy of immutability i.e. that no data on the blockchain ought to be changed. Ethereum, on the other hand, is open to changes to the platform such as decentralization mechanism and new features. 

The project most recently announced that a new team of developers, called ETC Labs Core, had joined the development on the network and would help build a dapp ecosystem on the network. The team is also putting more focus on rectifying some security issues on the network, following double spend attacks in early 2019 that resulted in the loss of $200,000.

The split into Ethereum and Ethereum Classic is often considered a pivotal moment in the space, as monumental as the birth of Bitcoin and the Mt. Gox incident. Ethereum development has largely overshadowed the development and progress of Ethereum Classic. Ethereum also has decidedly more support from established entities who have become part of the Ethereum Enterprise Alliance, which counts names such as Microsoft and JP Morgan Chase as members.  

In this tag, read Ethereum Classic (ETC) news, price predictions, opinions and analyses created by users.


Cryptocurrency Updates - 16/06/2020

16 Jun 2020 1 minute read 0 comments Gamer Boy1110

Crypto.com Live AMA With Co-founder & CTO of Enjin and  CMO of Enjin - Participate to share a pool of 2,500 ENJ Date: 22/06/2020, Monday Time: 11 PM HKT Guests:   Witek Radomski, Co-founder & CTO of Enjin Ilija Rolovic, CMO of Enjin   Join Here: Cry...

Rigid Fork Prepares Ground For Ethereum's Second Big Start Ethereum Classic

4 Jun 2020 4 minute read 0 comments PassionCryptodotcom

The Trail partners, Ethereum and Ethereum Classic, will soon separate, highlighted by the success of the "Phoenix" hard fork on Sunday evening. Executed in block 10,500,839 on May 31, the upstream incompatible network upgrade makes Ethereum Classic f...

Ethereum Vs Ethereum Classic: The Differences You Need To Know Before Investing

28 May 2020 3 minute read 1 comment PassionCryptodotcom

What are Ethereum ( ETH ) and Ethereum Classic ( ETC )? Ethereum is an open source public software platform designed to support smart contract functionality. The network uses Ether ( ETH ) as the currency to process transactions and provide computing...

Potential huge gains from the most important events in June

28 May 2020 1 minute read 2 comments VNFC

I just received yesteraday this compilation of major events in June and I considered it could be useful for your trading strategy, maybe not for this projects because some of them already pumped hard, but for studying a pattern and use it for the nex...

Saturn Network Trading Tutorial

26 May 2020 1 minute read 0 comments LiteLiger

Learning to trade in Saturn DEX & Setting up Saturn Wallet Been a while since ive made a post here again, been practically just pretty busy. Lot of the info will be at the video itself how to proceed, but its an excellent beginner guide on understan...

DAILY CRYPTO RECAP On 24th May 2020

23 May 2020 1 minute read 1 comment Creativeboy

    Winners and losers   Top 5 winners   Name                                 Price (USD)  Crypto.com Coin 0.0749029537084  3.56662 Monero 64.626312848  1.95089 Ethereum Classic 6.60460778502  1.66101 TRON 0.0150936925064  0.907844 Ethereum 209.6125...

What is Ethereum classic?

21 May 2020 2 minute read 0 comments CryptoArgha

Ethereum classic is a block chain based crypto currency and smart contract platform. What is Ethereum classic? Ethereum classic is an open source block chain based smart contract platform and crypto currency. Ethereum classic focus on smart contract...

Three most profitable mining coins in 2020 !!

19 May 2020 1 minute read 3 comments Cryptohem

Everyone know that Bitcoin is the king of cryptocurrency and is profitable. But after it halving this  year its profit has been slightly reduced. But its not the only profitable coin that can be mined. Here don't be misguided with that every crypto c...

THESE FIVE COIN CAN CONVERT YOUR BITCOIN DOUBLE IN JUST THREE MONTHS

19 May 2020 1 minute read 0 comments Dipendra

Hello friends I am trying to share my analysis for Crypto trader and *HODL*  I WAS SEARCHING BEST COIN FOR TRADING AND HOLDING FOR INCREASE MY PORTFOLIO AND I THINK AND MAYBE I FOUND THESE JEMS FOR MY BITCOIN  I GONNA TELL ABOUT THE COIN AND NEWS THA...

The DAO hack that lead to the creation of Ethereum (ETH)

10 May 2020 3 minute read 4 comments MarcusAbuboo

  So in this article I’m going to discuss how Ethereum transpired. Now I have been invested in Ethereum for a while now but in all honesty I have never known how it actually came about.  I know it is a fork of Ethereum Classic but how? and why? Maybe...