Ethereum Classic is Here
Ethereum vs ethereum classic
Ethereum Classic (ETC) has received a lot of attention after Coinbase’s initial announcement that the coin will be joining its rather short list of offered cryptos. Originally, the plan was to add ETC in a few months. However, another recent announcement indicated that this might happen a lot sooner than that, due to its similarity to Ethereum (ETH). Ethereum vs. Ethereum Classic: What's the difference? This left Ethereum Classic as the original chain, with the tokens unexpectedly taken from the DAO left untouched with the exploiter. Ethereum, on the other hand, was the chain that returned the tokens.
What are the distinctions between Ethereum and Ethereum Classic?
Difference between ethereum and ethereum classic
Ethereum Classic came about as a result of disagreement with the Ethereum Foundation’s “The DAO” hard fork. It brought together members of the Ethereum community who rejected the DAO Hard Fork on the philosophical grounds set out in the Ethereum Classic’s Declaration of Independence. People who had ETH on their balance before the DAO hard fork (1,900,000 block) received the same amount of ETC after the hard fork. Ethereum Classic vs Ethereum – Highest Price Ever – ATH Ethereum Classic is an open-source blockchain that is the result of a blockchain split that occurred from a hack in the original Ethereum network. The split resulted in two separate blockchains, Ethereum Classic and the new Ethereum. Now, ETC is Ethereum Classic’s native currency that is used to power transactions and smart contracts on its network.
