#EthereumClassic

🔹 Ethereum Classic (ETC) Currency
#EthereumClassic
Ethereum Classic is considered a public, open-source distributed computing platform based on blockchain technology, distinguished by its support for Smart Contracts and decentralized programming. The platform relies on the Ethereum Virtual Machine (EVM), which is a 'Turing-complete' programming environment capable of executing applications and scripts across a global network of nodes.

💰 The network's token is known as Classic Ether (ETC), and it is used for:

Transferring value between participants.

Paying the operational costs of smart contracts and decentralized applications.

Compensating the participating nodes through a Gas mechanism, which prevents unwanted transactions and allocates resources efficiently.

🔀 Origin of Ethereum Classic:

In 2016, a dispute arose within the Ethereum community due to the DAO hack.

This resulted in a chain split (Hard Fork):

Ethereum (ETH): Followed the new path after the split.

Ethereum Classic (ETC): Retained the original chain without any modifications.

Thus, ETC became the symbol of continuity for the philosophy of "immutable blockchain".

⚙️ Technical developments:

ETC has undergone several technical splits to modify operation prices (opcodes) and enhance network security.

In 2017, it changed its monetary policy from unlimited emissions to a system resembling Bitcoin, making it scarcer over time.

🌐 Today, Ethereum Classic is considered one of the leading networks.
$ETC