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

Ethereum Classic (ETC)

96 Articles 38 Followers

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.


Killing Ethereum is not easy - Coinbase study

15 Dec 2020 1 minute read 0 comments World Crypto

The hype around profitable farming and edible-named DeFi projects in the summer of 2020 has spurred activity on the Ethereum network. Other projects were jealous of the success and competing platforms immediately appeared on the market. Coinbase has...

Ether Classic Vs Litecoin

11 Dec 2020 1 minute read 2 comments Buzzbeeg

Just because a coin is in the top 100 market cap list doesn’t mean it’s worth buying. All that market cap shows is the price of the coin multiplied by the number of coins. Ether Classic may be number 35 on Coinmarketcap.com but that should not mean...

Ethereum Classic stages a comeback!!!!

29 Nov 2020 1 minute read 2 comments Slasher__

Hi dear readers Today i will talk about ETC. ETC fork happened yesterday and rolled back dag size to 2.5GB. That means now 3 GB and 4 GB cards can mine it again and we are all looking forward to that. Now as many people i switched from XHV mining to...

Etherum Classic new mining algorithm to the rescue of its network

29 Nov 2020 1 minute read 1 comment ircrp

  Following on several successful 51% attacks carried out during the summer and later part of 2020 on Etherum Classic, the Etherum developers have decided to bring a new upgrade in form of a hardfork named as Thanos in efforts to rescue its legacy ne...

GPU Mining - ETC (Beginners' How-To Guide) - ETCHASH Edition

28 Nov 2020 5 minute read 20 comments Mynima

Foreword It has been a little while since I've done one of these, but it was good to get back in the saddle for this one. This is number 14 of the mining articles for beginners' and hobby miners, if you're interested at having a go at mining some oth...

New promo codes for Celsius

18 Nov 2020 1 minute read 12 comments Heruvim78

There are few more codes for Celsius emerging these days. If you deposit for the first time, there are quite few 20$ Promo-codes: Gold20 Bethefuture Fall20 Start There is an additional one if you deposit $100+ in Ethereum Classic: ETClabs I used this...

MXC Exchange Supports Ethereum Classic's new MESS Solution to Mitigate 51% Attacks

15 Oct 2020 2 minute read 2 comments JP Buntinx

Singapore, Oct. 14,2020 -- MXC (www.mxc.com), a leading and reputable cryptocurrency provider of spot, margin, contract, leveraged ETF, index products, contract, PoS staking, and OTC services, offers its support to the Ethereum Classic (ETC) project....

Ethereum Classic and Its Whole History

1 Oct 2020 3 minute read 2 comments GetBlock

The blockchain market has a long history of successes and failures. A one-time success can be very pleasant but staying in this business for years requires hard work and many experiments. Sometimes even a failure can give birth to something new. That...

Etherium Gas Fee

17 Sep 2020 1 minute read 1 comment Dr.Mubasher Mahdi

Ethereum is the second largest cryptocurrency platform by market capitalization after Bitcoin. It was generated as a reward of computations performed to secure blockchain. It is platform for more than 1800 different  cryptocurrencies including 45 top...

ETHEREUM CLASSIC AND 51% ATTACKS

5 Sep 2020 3 minute read 0 comments Simplify Crypto

Despite being something not so common, it happened with the Ethereum Classic (ETC) twice in the same week (currently there has been another 3 attacks in a month), when a miner got 51% of mining power (hash power) to break into the network and thus cr...