Ethereum Classic is a hard fork of the Ethereum blockchain that took place on July 20, 2016. The main difference between Ethereum and Ethereum Classic is that DAO tokens are not part of the Ethereum Classic blockchain. (Also Read: What is Ethereum StockTwits?)
As such, there have been a number of debates about what should happen to these tokens. Some people believe that they should be burned, while others believe that they should be stored on a separate blockchain.
Ethereum Classic (ETC) is a digital asset that was created after the DAO hack. Ethereum Classic is different from Ethereum because it maintains the original vision of the blockchain, which is to be used as a global platform for applications that run exactly as programmed without any possibility of fraud or third-party interference.
While ETC isn’t currently trading at significant levels, it has shown potential and may have more upside potential in the future. If you’re interested in investing in ETC, I recommend doing your own research first to get a better understanding of the coin and its potential. (Also Read: What are Ethereum signals? A Beginner’s Guide)
© 2015-2023 Coinposters. All rights reserved!