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
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
11228
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
12047
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
2854
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
2851
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
11903
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
5356
News
Would a 20% block reward reduction matter in the long run?
Charles Hoskinson's IOHK submitted a decentralized treasury proposal to the Ethereum Classic community
Michael Kapilkov
2020-08-28T18:12:00+01:00
7750
News
Major changes could be coming to the network.
Developers Propose Plan to Protect Ethereum Classic Network From Further Attacks
Adrian Zmudzinski
2020-08-20T11:59:00+01:00
7677

Follow us on Facebook