Ethereum Classic
ETC Price
Ethereum Classic, a blockchain born from Ethereum's split, maintains originality, decentralized governance, and a commitment to immutability... More
| Fully Diluted Valuation | $3.13B |
|---|---|
| 24H Trading Volume | $174.56M |
| 24H Low / High | $20.10 / $ 21.60 |
| Circulating Supply | 150.62 M |
| Total Supply | 150.62 M |
| Max Supply | 210.70 M |
| Categories | Smart Contract Platform 1 more |
|---|---|
| Explorer | block chain 4 more |
| Founder | Ethereum Classic Community |
| Website | ethereumclassic.org |
| Socials | |
| Chains | Ethereum Classic Ecosystem |
| Exchange | Pair | OG Score | TBA | 24h Volume |
|---|
The Ethereum blockchain, born out of a vision for decentralized applications and smart contracts, experienced a defining moment in 2016 with the infamous DAO attack. This event led to a split, giving rise to two distinct entities: Ethereum (ETH) and Ethereum Classic (ETC). Ethereum Classic emerged as a testament to ideological differences, embodying a commitment to immutability, decentralization, and censorship resistance. While Ethereum has evolved with updates and a transition toward a proof-of-stake algorithm, Ethereum Classic remains rooted in its original proof-of-work approach, preserving the historical integrity of the Ethereum network.
Ethereum Classic, with its open-source nature, allows developers to create decentralized applications (DApps) and ERC-20 tokens. However, its unique position stems from its incompatibility with Ethereum's updates, as the split resulted from a hard fork, creating a distinct and unyielding path for Ethereum Classic. The network, though facing challenges in scalability and security, serves as a historical record of Ethereum's journey. Ethereum Classic's existence is not merely a technical divergence but a reflection of a decentralized philosophy that sets it apart from its counterpart.
The founders of Ethereum Classic, including original Ethereum developers Vitalik Buterin and Gavin Wood, envisioned a network that refused to reverse the effects of the DAO hack. This commitment to preserving the blockchain's original state has attracted a diverse community, including notable investors like Barry Silbert. Ethereum Classic's unique governance structure, based on a decentralized consensus process, distinguishes it from Ethereum's more centralized decision-making approach. As the Ethereum ecosystem continues to evolve, Ethereum Classic stands as a resilient alternative, maintaining the ethos of the early blockchain days.
Ethereum Classic stands out for preserving the original Ethereum blockchain, prioritizing immutability, decentralization, and censorship resistance.
Ethereum Classic is the legacy chain of Ethereum, founded by Ethereum Classic Community.
Major investors include Barry Silbert, CEO of Grayscale, attracted by Ethereum Classic's commitment to maintaining the blockchain's original state.
Ethereum Classic utilizes a Proof-of-Work (PoW) consensus algorithm, differentiating itself from Ethereum's planned transition to Proof-of-Stake (PoS).
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Ethereum Classic (ETC) is ($150,624,990), max supply of Ethereum Classic ETC is ($210,700,000) and the market cap of Ethereum Classic ETC is ($3,128,873,281).
What is the Ethereum Classic (ETC) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Ethereum Classic (ETC) is $20. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Ethereum Classic (ETC) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Ethereum Classic ETC) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Ethereum Classic (ETC) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Ethereum Classic (ETC) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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