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.

AlphaWallet CEO and Spruce co-founder talk about their roles as contributors to the Ethereum Name Service following the project's recent airdrop.
ENS DAO delegates offer perspective on DAO governance and decentralized identity
Ornella Hernández
Generation X billionaire businessman Ken Griffin says he thinks the “passion is misplaced when it comes to cryptocurrencies.”
Ken Griffin says Bitcoin will be replaced by Ethereum-based currency
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Price Analysis
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A wave of events five years ago formed the reality of the crypto industry, but did we really make proper conclusions?
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Markets News
Bitcoin and Ethereum were the center of attention in Q1 but data shows DOGE, ETC and MATIC were the top performers of Q2.
Triple-digit gains make Dogecoin and Ethereum Classic the top performers of Q2
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Altcoin Watch
The gains also appear amid an overall crypto market recovery following Bitcoin’s sharp rebound from $30,000 support.
Ethereum Classic price has nearly doubled days after Digital Currency Group’s $50M bet
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Ethereum Classic gets a major upgrade in July. Here’s how it will save users on gas fees.
Ethereum Classic devs announce upcoming hard fork
Wes Messamore
Market Analysis
Elon Musk doesn't have a monopoly on Twitter chatter, as these five cryptocurrency flavors-of-the-month proved in May.
Beyond Dogecoin: The 5 hottest cryptocurrencies on Twitter this month
Kirill Bryanov

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