Ethereum Classic
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- Bitcoin ETFs or not, don’t expect a ‘sexy’ crypto bull run: Concordium founderCointelegraph.com News – 12 hours agoExperts remain divided on when the next bull market is set to kick off, but they all agree on one thing: the next big rally…
- Nic Carter doubles down on theory Bitcoin was invented by NSACointelegraph.com News – 12 hours agoThe decades old ‘NSA created Bitcoin’ theory has again made the rounds on social media, with one Bitcoin advocate adding more weight to his ongoing…
- China suffers worst capital flight in years, but could it pump Bitcoin?Cointelegraph.com News – 13 hours agoChina’s capital outflows reached $49 billion in August, its highest in nearly eight years. Analysts are debating whether it could be a boon for Bitcoin…
- ‘End of an era’ — Consensys sunsets Truffle, Ganache amid shift to MetaMask SnapsCointelegraph.com News – 16 hours ago“No sugar coating this, it’s been a challenging few months,” said Truffle in a social media post on Sept. 22. Ethereum developers are gathering to…
- Binance and CEO Changpeng Zhao ask court to dismiss SEC suitCointelegraph.com News – 16 hours agoBinance Holdings, it’s U.S. counterpart and CEO Changpeng Zhao have filed motions seeking the dismissal of a lawsuit against them by the SEC. Binance CEO…
What is Ethereum Classic?
Ethereum Classic (ETC) is a hard fork from Ethereum, initially developed as a response from a hack which took US$50 million in Ether from The DAO, an autonomous organization running a crowdfund to build open-source decentralized business models based on the Ethereum. An expressive group within the community aligned to pull off a fork which would roll back the chain to the state it was before the hacks happened, resulting in ETC.
IOHK, the group responsible for Cardano, is also one of the main ayers behind ETC.
Ethereum Classic and Ethereum, today, are similar platforms but with different futures ahead. ETC won’t enjoy the same updates of Ethereum, such as the Casper protocol, but can as well be benefited by different enhancements by their new developers.
