$ETC token typically refers to Ethereum Classic (ETC), which is the native cryptocurrency of the Ethereum Classic blockchain.
Quick Definition:
ETC (Ethereum Classic Token) is a digital asset used to power transactions and smart contracts on the Ethereum Classic blockchain.
Key Points:
Origin: Created after a split (hard fork) from the original Ethereum network in 2016 due to the DAO hack.
Purpose: Same as Ethereum — supports decentralized applications (dApps) and smart contracts.
Difference from ETH: ETC sticks to the original Ethereum code and philosophy of "Code is Law," meaning transactions are irreversible regardless of consequences.
Would you like a comparison between ETC and ETH?
"The all-time high of ETC so far is $176, and the all-time low is $0.45. The current price is around $17. It has good potential to give profits, so it can be considered for adding to your assets as well. Thank you."