Ethereum Classic is the original blockchain that went on to create one of today's most popular chains, Ethereum. In 2016, the community of developers that created and maintained the Ethereum blockchain had a disagreement on the future of the platform, as a result, the project split into Ethereum Classic and Ethereum. Ethereum Classic places much more emphasis on the permanence of transactions than Ethereum.
Ethereum Classic shares nearly all of the same functionality as the more commonly known Ethereum. There are two differences that you should keep in mind: the focus on immutability, or permanence, and the amount of activity on the blockchain. Regarding immutability, the community that went on to create Ethereum voted to reverse a transaction on the network to correct a hack while the Ethereum Classic supporters felt this was against the ethos of the blockchain. Regarding the community, Ethereum has many more dApps and users making it the more popular choice.
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Ethereum Classic special?
Ethereum Classic is aon its own,uses to validate transactions,and is.Ethereum Classic also supports.
Interesting facts about Ethereum Classic
Here are some facts you may not already know about Ethereum Classic. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
Ethereum Classic, while holding true to the original traits of Ethereum, is less popular among developers.
The cause of the split between Ethereum & Ethereum Classic was a theft of $60M USD worth of Ether.
Ethereum Classic is known as the original Ethereum blockchain.
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Ethereum Classic price and insights
See how much Ethereum Classic is worth and learn from other insightful metrics
-0% past 1 week
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Market capitalization Very small
24 hour trading volume Very small
Market cap % of total Very small
# Discord members 17,257 5% of them are active
# Telegram members 5,914 3% of them are active
% of total supply circulating Very small
What’s the community like?
Community matters for projects like Ethereum Classic, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.