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.

News
Four gigabyte devices will soon be able to find a new home on ETC.
Ethereum Classic plans ‘Thanos’ hard fork to restore mining with older GPUs
Andrey Shevchenko
2020-11-27T13:39:37+00:00
20726
News
Ethereum Classic is using an idea Vitalik Buterin had in 2014 to help fend off 51% attackers.
Things just got MESSy for potential Ethereum Classic 51% attackers
Michael Kapilkov
2020-10-12T21:00:00+01:00
15450
News
The quest to protect Ethereum Classic continues.
Ethereum Classic partners with ChainSafe and OpenRelay to prevent more 51% attacks
Emilia David
2020-09-20T00:00:00+01:00
11875
Analysis
Game theory suggests ways for Ethereum Classic to deter double-spend assaults, say MIT researchers.
Fight fire with fire: MIT scholar suggests ETC counters 51% attacks
Andrew Singer
2020-09-15T17:30:00+01:00
12519
News
Regulatory compliance requirements are becoming increasingly important.
ETC Labs startups can now access automated transaction tracking
Benjamin Pirus
2020-09-10T19:02:49+01:00
2938
News
Would any well-intended miner propose a deep chain reorganization?
Developers propose a solution against 'stealth mining' to Ethereum Classic community
Michael Kapilkov
2020-09-09T22:35:00+01:00
3092
News
Will Ethereum Classic's community accept this new solution from Charles Hoskinson's IOHK?
IOHK’s proposal for the ETC community could use Cardano or Bitcoin for prevention of 51% attacks
Michael Kapilkov
2020-09-04T22:00:08+01:00
12133
News
Enacting such legislation effectively could be a major challenge, however.
ETC Labs believes regulation is the key to preventing future 51% attacks
Michael Kapilkov
2020-09-03T01:06:53+01:00
5467

Follow us on Facebook