Ethereum Classic

Ethereum Classic (ETC) is a decentralized, open-source, blockchain-based distributed ledger technology with smart contract functionality. It emerged as a result of a hard fork of the original Ethereum blockchain in 2016. The fork was initiated due to a disagreement within the community regarding the handling of the DAO (Decentralized Autonomous Organization) hack, where a significant amount of Ether was stolen.

One faction believed in rolling back the blockchain to recover the stolen funds, which led to the creation of Ethereum (ETH). The other faction, preserving the immutability of the blockchain, continued with the original chain, which became Ethereum Classic.

Ethereum Classic aims to provide a platform for decentralized applications (dApps) and smart contracts, operating on its own independent blockchain. It maintains a commitment to censorship resistance and immutability, meaning that once data is recorded on the blockchain, it cannot be altered or deleted.

The native cryptocurrency of the Ethereum Classic blockchain is Ether Classic (ETC). It is used to pay for transaction fees and computational services on the network. The monetary policy of ETC has seen changes over time, with the implementation of a fixed supply cap and a reduction in block rewards.

Ethereum Classic utilizes a Proof-of-Work (PoW) consensus mechanism. This involves miners using computational power to solve complex mathematical problems to validate transactions and add new blocks to the blockchain. This process secures the network and ensures its integrity.

Over the years, Ethereum Classic has undergone several upgrades and hard forks aimed at improving its performance, security, and functionality. These include changes to its consensus algorithm and network parameters.

The network supports smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. This enables the development of a wide range of dApps, from decentralized finance (DeFi) protocols to non-fungible tokens (NFTs) and gaming platforms.

Ethereum Classic has a presence on multiple blockchain networks. Its native chain is Ethereum Classic. Additionally, ETC can be found as a token on other compatible blockchains, such as BNB Smart Chain, where it adheres to the BEP-20 token standard.

The contract address for ETC on BNB Smart Chain is a specific identifier that allows for the tracking and management of the token on that particular network. The decimals indicate the precision with which the token's value can be represented.

The status of Ethereum Classic is active, indicating that the network is operational and continues to be developed and maintained by its community and contributors.

Key aspects of Ethereum Classic:

1. Decentralized and open-source blockchain.
2. Independent continuation of the original Ethereum blockchain.
3. Focus on immutability and censorship resistance.
4. Native cryptocurrency: Ether Classic (ETC).
5. Utilizes Proof-of-Work consensus.
6. Supports smart contracts and decentralized applications.
7. Available on multiple chains, including BNB Smart Chain as a BEP-20 token.

Последнее обновление: 2026-07-28 20:16 UTC

Источник данных: Снимки цены и объёма берутся из Binance по рыночному фиду ETCUSDT.

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