#TradingStrategyMistakes Learn about Ethereum Classic (ETC) - the currency that upheld the principle of "code is law"!** 🔗⛓️
**Post Content:**
Have you ever heard of **Ethereum Classic (ETC)**? It is not just a version of Ethereum, but a currency that carries a unique philosophy and an inspiring story from the blockchain world!
**What is Ethereum Classic?**
- **Origin**: It emerged from the split of the original Ethereum network in 2016 after the famous "DAO" incident.
- **Philosophy**: ETC rejects changes to transactions recorded on the chain (principle of **"code is law"**), emphasizing the immutability of the blockchain.
- **Technology**: Based on the **Proof of Work (PoW)** mechanism like Bitcoin, making it attractive to miners after Ethereum's transition to PoS.
**Why does ETC matter?**
✅ **Strict Decentralization**: Does not interfere with transactions even if they are "questionable".
✅ **Security**: A strong network resistant to attacks thanks to the Ethash algorithm.
✅ **Compatibility**: Supports smart contracts and dApps like Ethereum.
✅ **Scarcity**: Its supply is limited (≈ 210 million coins) which may enhance its long-term value.
**Quick Numbers (July 2025)**:
- Price: ~ **$20** (volatile according to the market).
- Market Cap: ~ **$3 billion**.
- Ranking: Among the Top 30 globally.
**Challenges it faces**:
- Fierce competition from Ethereum and Layer-2 projects.
- Lower market share compared to new smart contracts.
- Needs to attract more developers and DeFi projects.
**Is it a good investment?**
⚠️ **Reminder**: Cryptocurrencies are high-risk! ETC has a strong technical legacy and philosophy, but its performance depends on community adoption and technical development. **Consult a financial expert before investing**.
