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Ethereum Classic ETC |
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£13.05 |
-2.26% (24h) |
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Marketcap |
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£1,980,493,810 |
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Volume 24h |
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£55,117,722 |
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.