Market Data & Token Stats
| Fully Diluted Valuation | $1.30B |
|---|---|
| 24H Trading Volume | $45.94M |
| 24H Low / High | $8.26 / $8.59 |
| Circulating Supply | 156.50M |
| Total Supply | 156.50M |
| Max Supply | 210.70M |
Market Health Signals
| Vol / MC Ratio | 3.53% Fair |
|---|---|
| Circulating Ratio | 100.00% Very High |
Key Project Information
| Categories | Proof of Work (PoW) 3 more |
|---|---|
| Founder | Ethereum Classic Community |
| Website | ethereumclassic.org |
| Socials | 11 more |
| Explorer | Tokenview 3 more |
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Ethereum Classic (etc) Expert User Reviews
Is Ethereum Classic safe or a scam? Read verified Crypto OG reviews about Ethereum Classic
$etc Markets
| Name | Pair | OG Score |
|---|
About Ethereum Classic
Ethereum Classic $ETC: A Comprehensive Overview
What is Ethereum Classic $ETC?
Ethereum Classic $ETC is a decentralized, Proof-of-Work (PoW) blockchain that emerged from a hard fork of Ethereum in 2016. The split occurred following the DAO hack, which compromised approximately $50 million in Ether at the time.
After the DAO events, the Ethereum community debated between a hard fork to restore lost funds and a soft fork to leave the ledger unchanged. A non-binding vote among mining pools showed that 65% opposed the hard fork. Despite this, Vitalik Buterin and the Ethereum Foundation implemented the hard fork, restoring the stolen Ether and creating Ethereum $ETH. Those committed to immutability continued on the original chain, forming Ethereum Classic $ETC. This famously split the Ethereum community and established ETC as a defender of blockchain permanence and decentralization.
Source News.Bitcoin.Com
Key milestones for ETC include:
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Maintaining Ethereum $ETH compatibility.
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The Thanos upgrade in 2020, improving mining efficiency.
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Reducing the blockchain’s state size, enabling smaller operators to participate.
How Does Ethereum Classic $ETC Operate?
Ethereum Classic $ETC runs on a decentralized Ethereum Virtual Machine (EVM) and continues to use Proof-of-Work, unlike Ethereum $ETH, which transitioned to Proof-of-Stake in 2022. The network supports smart contracts, enabling programmable transactions without intermediaries.
Key features include:
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Immutability: Ensures tamper-proof records for trust in DeFi and enterprise use.
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Backward compatibility: Supports seamless migration of Ethereum $ETH dApps.
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Network upgrades: Atlantis and Agharta enhance interoperability and scalability.
What Are Ethereum Classic $ETC’s Real-World Use Cases?
Ethereum Classic $ETC supports a variety of applications:
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Decentralized Finance (DeFi): Lending, liquidity pools and stablecoin issuance.
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NFTs: Minting and trading digital collectibles without administrative barriers.
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Enterprise blockchain solutions: Mining operations by Core Scientific showcase institutional confidence in ETC.
The ETC Cooperative provides ecosystem funding and supports community-driven development initiatives.
How Is Ethereum Classic $ETC Secured and Tokenized?
The native cryptocurrency, ETC, functions to:
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Pay transaction fees and execute smart contracts.
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Incentivize miners maintaining the PoW network.
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Preserve scarcity with a capped supply of 210 million ETC, enhanced by halving events that create deflationary pressure.
The PoW system ensures robust security, attracting users who prioritize decentralization and computational integrity.
Community, Ecosystem and Partnerships
Ethereum Classic $ETC benefits from a dedicated developer and miner community, coordinated through the ETC Cooperative, which funds improvements and promotes sustainable governance.
Significant partnerships include:
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Ledger and Trezor for secure wallet integration.
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Analytics providers like Messari.
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Mining operators supporting long-term PoW operations.
Recent Developments and 2025 Outlook
As of 2025, Ethereum Classic $ETC has:
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Enhanced scalability via state size reduction and node optimizations.
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Maintained interoperability with Ethereum $ETH.
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Increased institutional adoption, especially from mining companies.
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Integrated decentralized oracle networks, improving dApp data access.
These initiatives reinforce ETC’s commitment to immutability, security and decentralized governance.
Conclusion
Ethereum Classic $ETC remains a resilient and immutable blockchain, committed to Proof-of-Work security and decentralized governance. Its backward compatibility with Ethereum $ETH, ongoing upgrades and active community make it a reliable platform for developers, enterprises and users seeking trust, transparency and blockchain integrity.
FAQs
What is the significance of immutability in Ethereum Classic $ETC?
Immutability ensures the blockchain remains tamper-proof, providing a trusted ledger for secure transactions.
How did the DAO hack and community vote shape Ethereum Classic $ETC?
After the DAO hack, a non-binding mining pool vote showed 65% opposed a hard fork, but Vitalik Buterin and the Foundation implemented it anyway, creating Ethereum $ETH. Supporters of immutability continued on the original chain, forming Ethereum Classic $ETC.
How does Ethereum Classic $ETC’s Proof-of-Work impact the network?
PoW ensures security, incentivizes miners and maintains decentralization, appealing to users who prioritize computational integrity.
What was the impact of the Thanos upgrade?
The Thanos upgrade (2020) improved mining efficiency, network longevity and accessibility for smaller miners.
How does Ethereum Classic $ETC maintain Ethereum $ETH compatibility?
Upgrades like Atlantis and Agharta ensure smooth dApp migration and interoperability.
What role does the ETC Cooperative play?
The ETC Cooperative funds ecosystem projects, supports technical improvements and promotes sustainable governance.
How does Ethereum Classic $ETC address scalability concerns?
By reducing blockchain state size and optimizing node software, ETC enhances scalability while preserving decentralization.
Can Ethereum Classic $ETC run Ethereum $ETH smart contracts?
ETC maintains compatibility with the Ethereum Virtual Machine (EVM), allowing developers to migrate early-stage decentralized applications (dApps) and ERC-20 smart contracts from Ethereum. However, the developer community around ETC is relatively small and less active compared to Ethereum $ETH. As a result, many recent Ethereum mainnet developments and upgrades introduced after the 2016 fork may not be supported on ETC, limiting compatibility primarily to projects deployed before or around the fork.
How did the DAO incident lead to the creation of Ethereum Classic $ETC?
The 2016 DAO hack split the Ethereum community. After a non-binding vote where 65% of miners opposed a hard fork, Vitalik Buterin and the Ethereum Foundation executed the hard fork, creating Ethereum $ETH. Supporters of immutability continued on the original chain, forming Ethereum Classic $ETC.
Why is immutability important for Ethereum Classic $ETC?
Immutability ensures the blockchain remains tamper-proof, providing a trusted ledger for secure, unchangeable transactions. This principle attracts developers and institutions seeking reliable decentralized infrastructure.
How does Ethereum Classic $ETC maintain security and decentralization?
ETC uses a Proof-of-Work (PoW) consensus mechanism. Miners validate transactions across a distributed network of nodes, ensuring immutability, censorship resistance and network reliability.
Can Ethereum Classic $ETC support NFTs and DeFi platforms?
Yes. ETC supports EVM-compatible smart contracts for minting NFTs and deploying DeFi protocols such as lending, staking and liquidity pools. Its secure and immutable ledger provides a trustworthy foundation for digital assets and financial applications.
How does Ethereum Classic $ETC ensure backward compatibility with Ethereum $ETH dApps?
Through network upgrades like Atlantis and Agharta, ETC maintains EVM compatibility, allowing seamless migration of smart contracts and dApps from Ethereum without requiring major rewrites.
What role does the ETC Cooperative play in Ethereum Classic $ETC's development?
The ETC Cooperative funds technical upgrades, ecosystem projects and developer initiatives. By supporting node software improvements and fostering community collaboration, it ensures ETC’s long-term sustainability and network growth.
How does Ethereum Classic $ETC handle supply, inflation and value preservation?
ETC has a capped supply of 210 million tokens. Halving events reduce miner rewards over time, creating deflationary pressure and preserving the token’s intrinsic value, appealing to both investors and developers.
Why is Ethereum Classic $ETC appealing to institutional investors?
ETC’s immutability, predictable supply and robust PoW security attract mining companies and enterprises seeking a stable, trustless blockchain for long-term projects.
Where can I buy Ethereum Classic (ETC)?
You can buy Ethereum Classic (ETC) on Binance, Bybit, CoinbaseGate.ioOKX cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the Ethereum Classic Official Website, Ethereum Classic GitHub Repository and Ethereum Classic X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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