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.

Market Update
EOS, LTC, ETC and ETH are just a few of the altcoins that chased after new multi-year highs as layer-1 projects saw an increase in trading volume.
Altcoins rally as bulls pile into large-cap tokens and layer-1 projects
Jordan Finneseth
Sit on those paper hands until they turn into diamonds.
In crypto, sometimes the best thing you can do is nothing
Greg Thomson
Market Analysis
Experts say DOGE traders rotating profits into Robinhood-listed altcoins could be behind the rally in LTC, BCH and ETC.
Analysts suggest Dogecoin traders are rotating profits into large-cap altcoins
Jordan Finneseth
Ethereum Classic has almost matched Dogecoin’s massive pump in the last seven days.
Three reasons why the ‘other Ethereum’ has pumped 130% in the last week
Osato Avan-Nomayo
Market Update
Dogecoin rally sparks speculation about the arrival of alt season as Ether celebrates its eighth-straight day reaching a new high.
Another 50% daily gain for Dogecoin confirms 'alt season' as Bitcoin slumps
Jordan Finneseth
Price Analysis
SOL, HT, ETC and AAVE are pushing toward new highs, while Bitcoin trades within a tightening range.
Top 5 cryptocurrencies to watch this week: BTC, SOL, HT, ETC, AAVE
Rakesh Upadhyay
Altcoin Watch
Following Dogecoin’s lead, Ethereum Classic rallied to a new all-time high and Bitcoin Cash doubled as altcoin forks have started to gain traction.
What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies
Jordan Finneseth
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

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