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Ethereum Classic price today is $27.34 USD, which is Down by -2.37% over the last 24 hours. There has been an hourly Dip by -0.04%. Ethereum Classic's market cap currently sits at $3,752,018,373.41 USD, holding up for a market cap rank at #21. The volume were at $354,386,798.46 USD Ethereum Classic ranks no 21 in the market capitalization of Ethereum Classic is at $3,752,018,373.41 and its volume for 24 hours is $354,386,798.46. Ethereum Classic are under circulation, with total supply of 210.7M and the Maximum supply of 210.7M.
Ethereum Classic (ETC) is an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality. On June 17th, 2016, a loophole was exploited by a hacker, resulting in millions of stolen Ether, Ethereum forked to a new chain that aimed to remedy the damages from the hack. Ethereum Classic is the continuation of the original Ethereum blockchain - the classic version preserving untampered history.
Ethereum Classic (ETC) is a decentralized blockchain-based open-source computing platform and cryptocurrency. It allows developers to make and deploy smart contracts and self-executing code blocks that initiate actions based on predefined conditions. It's a cryptocurrency that runs smart contracts. Ethereum Classic came in 2016 after happened some hacking activity with the DAO. After hacking, the original block was split into two parts for users to recover their stolen funds.
The ETC is an open-source network that anyone can use to execute transactions. They have a well-established crypto wallet.
It is possible to build a decentralized autonomous organization or DAO on Ethereum using the ETC smart contract. Human intervention is not needed in a DAO's governance and decision-making processes.
The German startup stock started "the DAO" projects on Ethereum in 2016. At that time, the project raised more than $150 million in crowdfunding, creating a vast value itself. At that time, hackers found one loophole in the smart contract and stoned $50 million. A hard fork or radical change to Ethereum's base protocol was supported by most Ethereum users, including its founders Vitalik Buterin and Gavin Wood. As a result, the Ethereum (ETH) chain was formed.
However, a small section of the community refused to fork and stood by the principle that 'code is the law.' They maintained that blockchains could not be bent to suit human whims, renaming the chain Ethereum Classic (ETC).
The original "Ethereum" crypto is mainly considered an Ethereum Classic because Ethereum classic still has preserved the old code as it was until the DAO attack.
Functionality-wise, ETH, and ETC are both identical. Developers can use open-source code to develop and run their decentralized applications and create ERC-20 tokens for their applications.
ETH Classic's primary differentiating factor is incompatible with ETH blockchain updates. Hard forks are backward-incompatible updates by definition. As a result of the new rules, the new chain and its users (nodes) are entirely separated from the original chain. The original chain (Ethereum Classic) cannot interact with the new chain (Ethereum).
ETC cannot be updated, so what is the point of having it? In addition to its ideological foundation, Ethereum Classic is also based on a network of blocks. Preserve the original and unadulterated Ethereum code which is most relevant. So, ETC is an unaltered historical record of the Ethereum network.
Goals of Ethereum Classic
The Ethereum Classic (ETC) has changed and made many changes and modifications since the splits.
Like money, cryptos have a digital store of value that includes their buying power, which can be converted quickly into cash or used to purchase other assets.
Who Are The Founders of Ethereum Classic?
Frontier initially released the Ethereum Classic mainnet on July 30, 2015, by the Ethereum Foundation, a Swiss non-profit founded by Vitalik Buterin and the core Ethereum team. Blockchain-based intelligent contracts were the team's primary focus.
What Makes Ethereum Classic (ETC) Unique?
Ethereum Classic remains one of the most popular hard forks on any blockchain despite its historical fame. It is possible to find many of the features of Ethereum Classic since it uses the same base code as Ethereum. As opposed to Ethereum, Ethereum Classic adheres to an immutable model and provides users with a permanent Proof of Work system.
What Gives Ethereum Classic (ETC) Value?
Ethereum Classic tokens are used to operate and maintain the Ethereum Classic network. As users participate in various Ethereum Classic activities, they realize value. Smart contracts, dApps, and participation in governance elections are possible with ETC holdings.
Ethereum Classic (ETC) Token Metrics
|Token Name:||Ethereum Classic|
|24h Volume:||$ 2.40 billion ($ 2,398,061,616)|
|Market Cap:||$ 4.19 billion ($ 4,193,488,827)|
|Fully Diluted Market Cap:||$ 4.19 billion ($ 4,193,488,827)|
|Circulating Supply:||116.31 million ETC (116,313,299.00 ETC)|
|Total Supply:||116.31 million ETC (116,313,299.00 ETC)|
|Issuance Blockchain:||Ethereum Classic|
Where is the Ethereum Classic (ETC) coin available?
Ethereum Classic (ETC) is available on a variety of cryptocurrency exchanges. The list of quick, secure, and easy exchanges is listed below.
You can check the whole list of exchanges are here to buy Ethereum Classic (ETC)
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The current price of the Ethereum Classic(ETC) is $27.34, with a current market cap $3,752,018,373.41.
The maximum supply of the Ethereum Classic(ETC) is around 210.7M.
ETC is a ticker symbol of the Ethereum Classic.
At the movement,137.26M Ethereum Classic tokens are already in the market out of 210.7M ETC.
There are many options for buying crypto, and Ethereum Classic can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Ethereum Classic. It's a quick, easy, and secure way to buy Ethereum Classic(ETC).
No, It is not a stablecoin.
Ethereum Classic had an all-time low of $0.45.
Ethereum Classic had an all-time low of $176.16.
ETCDEV is the founder of the Ethereum Classic(ETC) blockchain.
Ethereum Classic was created on 23 July 2016.
Yes, the Ethereum Classic(ETC) coin can be mined.
The current Ethereum Classic price is $27.34. In the last 24 hours, Ethereum Classic price has gone up by -2.37%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Ethereum Classic price prediction.
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Ethereum Classic at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
By exchanging ETC against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Ethereum Classic can be earned or received in various ways. ETC considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the ETC, including ETC to PHP, ETC to INR, ETC to NGN, ETC to THB, ETC to CAD, ETC to PKR, ETC to IDR , ETC to EUR , ETC to AUD , ETC to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 ETC is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can compare and check any crypto pairs like FRONT to ETC, BNB to ETC, CAKE to ETC, ETH to ETC, ADA to ETC, GMX to ETC, BTC to ETC, GMT to ETC.
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