News
Cardano founder Charles Hoskinson has repurposed the Ethereum Classic Twitter account to now benefit the Ergo Platform.
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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.
- Altcoin Watch
A bearish formation in the total market capitalization chart has been gaining strength after two failures to break its resistance level.
2488 - News
Hoskinson called the Ethereum Merge a flawed PoS implementation, claiming custodial staking would create issues for the network in the long run.
5818 - Analysis
The Merge marks a turning point for the Ethereum network, but what are the consequences of switching to a new consensus mechanism?
5976 - Newsletter
Here’s a review of the possible new trends that will drive the crypto market in the post-Merge era.
32706 - Altcoin Watch
Nonetheless, ETHPoW is gaining adoption among top mining pools and crypto exchanges.
19770 - Altcoin Watch
A recent report has narrowed ETHPOW's downside target to $18 if the token ever comes to life post-Merge.
16818 - Altcoin Watch
ETC price secures a double-digit gain as its hashrate hits a record-high and BTC.com adds a Ethereum Classic mining option to its services.
9426 - News
The Ethereum Merge may constitute a taxable event if it results in a chain-splitting hard fork, tax experts warn.
13563 - Newsletter
The ASIC prepares to put crypto and DeFi firmly in its sights, while Australia’s Northern Territory Racing Commission is preparing to adopt cryptocurrencies in gambling.
1508 - Altcoin Watch
Several altcoins have not only outperformed Bitcoin and Ethereum in the last three months but have also posted impressive gains.
13806 - Interview
What are the pros and cons of the Ethereum Merge — and could Proof-of-Work hard forks challenge Proof-of-Stake? Here, we answer all your questions.
12874 - News
The cryptocurrency exchange will look to provide stability during Ethereum’s Merge with the Beacon Chain by instituting a number of temporary measures.
7114 - News
A PoW hard fork of Ethereum is being propagated by a set of miners, but many experts believe that the chances of it succeeding are very low.
4357 - Market Analysis
It’s not just ETH price that stands to benefit from Ethereum’s move to proof-of-stake in September.
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