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.
Convert Fiat to Ethereum Classic
News
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JPMorgan added British pound-denominated accounts to its blockchain-based payments network, Kinexys, aiming to fill a gap left by the stablecoin market's predominant focus on the U.S. dollar. Kinexys enables corporate clients to transfer funds between JPMorgan accounts and currently processes…
Avalon Labs Launches Institutional Layer on Bybit to Enhance Bitcoin Lending and Yield
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Xapo Bank Reports Record Bitcoin Trading Volume in Q1 2025
Gibraltar-based Xapo Bank, a digital asset-friendly regulated bank, has announced that Bitcoin trading volume reached record highs in the first quarter of 2025, marking a 14.2% increase compared to the previous quarter. The surge in trading activity is attributed to…
HTX 2025 Q1 Performance Highlights: Net Deposits Surge 210% QoQ, Multiple Key Metrics Reach All-Time Highs
This content is provided by a sponsor. PRESS RELEASE. Singapore, April 15, 2025 — HTX, a leading crypto exchange, has released its Q1 2025 performance report, demonstrating significant growth across user activity, asset onboarding, and platform utility despite a turbulent…
89% of Registered Bitcoin Service Providers Remain Inactive in El Salvador
According to records from the Central Reserve Bank, only 20 registered bitcoin service providers (BSPs) are actively operating in El Salvador, one of which is Chivo, the official government wallet that will soon be disbanded. Barren Land: Only 20 Bitcoin…
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.