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- r/EthereumClassic
- Here’s what happened in crypto todayCointelegraph.com News – 8 hours agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3…
- Bitcoin ‘could’ consolidate for ‘4 or 5 months,’ but big cup and handle looks promising — AnalystCointelegraph.com News – 8 hours agoAnalysts say Bitcoin price could range trade for up to 5 months, but longer-term technical and on-chain data continues to point to a 6-figure BTC…
- US Senate passes resolution overturning SEC crypto rule on banksCointelegraph.com News – 8 hours agoU.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks to keep customers’ digital assets…
- Vitalik Buterin says GPT-4 has passed the Turing TestCointelegraph.com News – 8 hours agoButerin’s comments reference new research indicating most humans can no longer tell when they’re talking to a machine. OpenAI’s GPT-4, a generative artificial intelligence (AI)…
- India’s SEBI recommends local regulators to monitor crypto tradingCointelegraph.com News – 9 hours agoDocuments reveal SEBI’s recommendation for distributed regulatory oversight of cryptocurrencies in India. The Securities and Exchange Board of India (SEBI) has suggested that multiple regulators…
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.