Ethereum Classic (ETC)
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About ETC
Ethereum Classic (ETC) is a decentralized, open-source blockchain platform that runs smart contracts and enables decentralized applications (dApps). Formed from the original Ethereum blockchain, Ethereum Classic preserves the original code and vision, prioritizing immutability and censorship resistance. ETC operates with a Proof of Work (PoW) consensus mechanism and is widely used for secure, transparent transactions. The Ethereum Classic ecosystem is committed to a secure and decentralized approach to blockchain technology. Explore live ETC prices, historical data, and market insights on our Ethereum Classic Markets page to stay updated on this resilient platform.
Fact Sheet
News
Binance Teams up With Hong Kong Law Enforcement to Fight Digital Asset Threats
Binance is strengthening crypto security with Hong Kong police, enhancing collaboration to combat cybercrime and financial threats in the blockchain industry. Binance Strengthens Cybercrime Collaboration With Hong Kong Police Crypto exchange Binance revealed on Feb. 20 that CEO Richard Teng…
SEC Reshuffles Crypto Lawsuits—Is Ripple on the Verge of Legal Victory?
The SEC is pausing lawsuits against Binance and Coinbase, sparking speculation on whether Ripple could be next—potentially signaling a shift toward clearer crypto regulations. Crypto Crackdown Unraveling? SEC Pauses Cases—But What About Ripple? The U.S. Securities and Exchange Commission (SEC)…
Coinbase CEO Sees Meme Coins as Gateway to Mass Crypto Adoption
Meme coins may seem frivolous now, but their evolution could reshape crypto, Coinbase’s CEO said, warning against scams while urging openness to their potential impact. Coinbase CEO Brian Armstrong: 'We Should Be Open Minded About Where Memecoins Are Going' Coinbase…
SEC Overhauls Crypto Enforcement, Deploying New Cyber Unit
The SEC’s new unit aims to crack down on crypto fraud, targeting scams and unauthorized account takeovers while promoting responsible digital asset growth. SEC Introduces Cyber and Emerging Technologies Unit to Tackle Crypto Fraud The U.S. Securities and Exchange Commission…
US Seizes Millions in Crypto With Binance Ties—Feds Uncover Global Fraud Ring
The U.S. seeks to forfeit millions in crypto from a Binance account, alleging wire fraud and money laundering tied to a fraudulent investment scheme. US Government Moves to Forfeit Crypto Seized from Binance Account The U.S. government has initiated a…
Frequently Asked Questions about Ethereum Classic
What is Ethereum Classic (ETC)?
Ethereum Classic (ETC) is the original Ethereum blockchain, designed to run smart contracts and support decentralized applications. It is a decentralized, immutable blockchain that operates independently of Ethereum (ETH).
How did Ethereum Classic originate?
Ethereum Classic originated from a split in the Ethereum blockchain following the DAO hack in 2016. Those who prioritized immutability continued to support the original chain, which became Ethereum Classic (ETC).
What are the primary uses of ETC?
ETC is used to pay for transactions and computational services on the Ethereum Classic network, supporting decentralized applications and smart contracts with a focus on immutability and security.
How can I store Ethereum Classic securely?
ETC can be stored in hardware wallets like Ledger, as well as in secure software wallets such as Exodus and Trust Wallet, which provide reliable options for managing Ethereum Classic.
What makes Ethereum Classic unique?
Ethereum Classic is unique for its dedication to immutability and its commitment to preserving the original Ethereum code and vision. It maintains a Proof of Work consensus, prioritizing security and censorship resistance.
Is Ethereum Classic a good investment?
Ethereum Classic appeals to those interested in a secure, immutable blockchain. Investment in ETC, like all cryptocurrencies, should be based on personal research and risk assessment.
Can Ethereum Classic be used for smart contracts and dApps?
Yes, Ethereum Classic supports smart contracts and decentralized applications, allowing developers to build and deploy projects on its secure, decentralized blockchain.