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
2021-05-06T23:04:39+01:00
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News
Sit on those paper hands until they turn into diamonds.
In crypto, sometimes the best thing you can do is nothing
Greg Thomson
2021-05-06T12:35:14+01:00
19510
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
2021-05-05T21:15:33+01:00
34003
News
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
2021-05-05T10:41:38+01:00
67873
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
2021-05-05T09:00:00+01:00
39777
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
2021-05-02T18:36:03+01:00
65157
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
2021-04-16T21:00:00+01:00
63617
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
24600

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