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Ethereum Classic

ETC

Ethereum Classic

Layer-one blockchain

ethereumclassic

Twitter

Categories:

PoW

Layer1

Infra

Founded:

2016

Ethereum Classic is an open-source, decentralized, blockchain-based distributed cryptocurrency platform that runs smart contracts. It was originally known as Ethereum. After The DAO hack in 2016, the Ethereum blockchain split into two separate networks: the newer one inherited the name Ethereum and uses ETH or ether as its cryptocurrency, while the older one, known as Ethereum Classic, uses ETC.

Ethereum Classic Team

Bob Summerwill

Executive Director

Ethereum Classic

ETC

Add

-5.5%

Total dollar volume24H

$149,025,645

High24H

24.43 USDT

Low24H

21.92 USDT

Market Cap

#37$3,393,741,876

FDV

$3,393,741,876

Market Cap / FDV Ratio

1.00

Turnover rate

4.39%

Circulating supply

153,078,118

Total supply

153,078,118

Max supply

210,700,000

All time high

25.93 USDT

All time high date

Jul 18, 2025

Down from All time high

-14.50%

Cycle low

18.93 USDT

Cycle low date

Aug 03, 2025

Up from cycle low

17.12%

Official links

Socials

Introduction

Ethereum Classic (ETC) is a forked version of the Ethereum blockchain that emerged as a result of the DAO (Decentralized Autonomous Organization) attack in 2016. It maintains the pre-fork blockchain history and leverages the same core blockchain technology as Ethereum, including smart contracts and a virtual machine. ETC operates on the Proof-of-Work (PoW) consensus mechanism, ensuring decentralization, security, and immutability, while supporting the development of decentralized applications. ETC’s compatibility with Ethereum’s tools makes it easier for developers to migrate smart contracts between the two chains or create new applications.

ETC continues to uphold its founding principle of immutability, where "Code is Law," rejecting any modifications to the blockchain, even after events like the DAO hack. This strong commitment to the original blockchain philosophy distinguishes Ethereum Classic from Ethereum, which rolled back the chain post-hack.

In January 2024, Ethereum Classic underwent the Spiral Hard Fork at block 19,250,000, which improved the network's scalability and performance. While Ethereum has transitioned to Proof-of-Stake (PoS), Ethereum Classic remains committed to Proof-of-Work (PoW), maintaining its original decentralized mining model.

This combination of immutability and continuous development ensures that ETC remains a prominent player in the blockchain ecosystem, preserving the original vision of a decentralized, unalterable ledger.

Above are only for introduction, not intended as investment advice.

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