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Ethereum Classic ETC

€16.24

-0.71% (24h)

Marketcap

€2,465,136,828

Volume 24h

€66,764,892


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Description

Ethereum Classic (ETC) is a decentralized blockchain platform that emerged from a split in the Ethereum community in 2016 following a disagreement over how to handle a major hack of The DAO, a decentralized autonomous organization.

Ethereum Classic retains the original Ethereum code and philosophy of immutability, meaning that the blockchain should never be altered, even in the case of large-scale theft.

ETC, the native cryptocurrency of Ethereum Classic, is used to power transactions and smart contracts on the network.