Don't have an account yet? Register now to start trading all your favourite coins.
More information about the coin
  • 1D
  • 1W
  • 1M
  • 1Y

Ethereum Classic

Ethereum Classic is the result of a so-called hard fork or a split of the blockchain. In this case a splitting of the Ethereum blockchain.

The split took place because the community could not agree on what to do with the stolen Ether worth $ 50 million. The Ether was stolen in what would be known as the DAO ( Decentralized Autonomous Organization ) hack. The hacker used an error in a smart contract. Given the fact that it was an error in the system, the hacker appointment may not be entirely justified and this is also the cause of the discussion. One group wanted to leave Ethereum as it was and the other group wanted to compensate DAO investors by making a new smart contract. The first group did not agree with this because it would go against the principles of Ethereum . The result was a blockchain as it was for the DAO hack, Ethereum Classic and a renewed blockchain, Ethereum . The motto of Ethereum Classic that exists since July 20, 2016 is as follows: "Code is Law " The most obvious competitor for Ethereum Classic is of course Ethereum . Both can host ICOs and smart contracts on the platform. In addition, other smart contract platforms such as NEO, EOS, Cardano , Lisk and Qtum are also direct competitors. At the hard fork , all ETH owners have received an equivalent number of ETCs. As with Ethereum , it has not been determined how much this will eventually become.

Read more

Company

Information

  • Whitepaper
  • Smart Contract Platform
  • Ethereum Classic

Coin info

  • 116313000
  • N/A
  • # 15

Fundraising

  • NA
  • NA - NA
  • NA

Founders

Promotions

Latest news

CabbageTech CEO Sentenced to 33 Months in Prison After Pleading Guilty in Fraud Case - CoinDesk

CabbageTech CEO Sentenced to 33 Months in Prison After Pleading Guilty in Fraud Case - CoinDesk

16-01-2020 / 22:41
Read more
Currency 'Cold War' Takes Center Stage at Pre-Davos Crypto Confab - CoinDesk

Currency 'Cold War' Takes Center Stage at Pre-Davos Crypto Confab - CoinDesk

16-01-2020 / 22:00
Read more
VC Giant Grayscale Investments Reports Record-Breaking Year

VC Giant Grayscale Investments Reports Record-Breaking Year

16-01-2020 / 21:18
Read more
MARKETS DAILY: Crypto News Roundup for Jan. 16, 2020 - CoinDesk

MARKETS DAILY: Crypto News Roundup for Jan. 16, 2020 - CoinDesk

16-01-2020 / 19:19
Read more
Telegram's Legal Battle With the SEC Heats Up Over TON Bank Records

Telegram's Legal Battle With the SEC Heats Up Over TON Bank Records

16-01-2020 / 18:33
Read more
New Hampshire Lawmakers Vote Down Crypto Tax Bill - CoinDesk

New Hampshire Lawmakers Vote Down Crypto Tax Bill - CoinDesk

16-01-2020 / 18:25
Read more
Coinbase-Backed Crypto Ratings Council Adds eToro, OKCoin

Coinbase-Backed Crypto Ratings Council Adds eToro, OKCoin

16-01-2020 / 18:01
Read more
Research: Binance and Huobi Received Over 52% of Total $2.8B Illicit BTC in 2019

Research: Binance and Huobi Received Over 52% of Total $2.8B Illicit BTC in 2019

16-01-2020 / 17:44
Read more
Dead Coins and Wallets: The Treasures of Atlantis or Zombie Uprising?

Dead Coins and Wallets: The Treasures of Atlantis or Zombie Uprising?

16-01-2020 / 16:19
Read more
Bitcoin's Share of PoW Mining Rewards Now Above 80% - CoinDesk

Bitcoin's Share of PoW Mining Rewards Now Above 80% - CoinDesk

16-01-2020 / 15:27
Read more
Coinbase-Led Crypto Ratings Council Plans Transparency Boost as New Members Join - CoinDesk

Coinbase-Led Crypto Ratings Council Plans Transparency Boost as New Members Join - CoinDesk

16-01-2020 / 14:00
Read more
Liquid Cancels Sale of Telegram's Gram Tokens, Returns Funds to Investors

Liquid Cancels Sale of Telegram's Gram Tokens, Returns Funds to Investors

16-01-2020 / 11:40
Read more
Thai Officials to Investigate Alleged Cryptocurrency Pyramid Scheme

Thai Officials to Investigate Alleged Cryptocurrency Pyramid Scheme

16-01-2020 / 11:17
Read more
Bull Breather? Bitcoin Market Turns Indecisive at Two-Month High - CoinDesk

Bull Breather? Bitcoin Market Turns Indecisive at Two-Month High - CoinDesk

16-01-2020 / 11:00
Read more
Zcash Poised to Finally Have Private Transactions on Mobile With SDK Release

Zcash Poised to Finally Have Private Transactions on Mobile With SDK Release

16-01-2020 / 10:58
Read more
No, It Wasn't Craig Wright: Bitfinex Moves $1B in Bitcoin for 48 Cents

No, It Wasn't Craig Wright: Bitfinex Moves $1B in Bitcoin for 48 Cents

16-01-2020 / 10:36
Read more
Bitcoin Price Rally to $9K in Danger as a Double Top Pattern Appears

Bitcoin Price Rally to $9K in Danger as a Double Top Pattern Appears

16-01-2020 / 07:11
Read more
More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?

More Bitcoin Scam Ads With Martin Lewis on Instagram — Can We Get a Filter for That?

16-01-2020 / 02:00
Read more