#LitecoinETF $ETH Definition of Ethereum (ETC) Ethereum (ETC) is a digital currency and open-source blockchain project. It implements the same security and cryptographic mechanisms as Ethereum (ETH), but with some key differences.

# History

Ethereum was created in 2016, after a split in the Ethereum community over how to deal with hacking attacks targeting the Ethereum network. Ethereum was created as an alternative to Ethereum, while continuing to use the original Ethereum protocol.

# Advantages

1. _Continuity_: Ethereum is a continuation of the original Ethereum protocol.

2. _Security_: Ethereum relies on the same security and cryptographic mechanisms as Ethereum.

3. _Independence_: Ethereum is an independent network from Ethereum.

4. _Development_: Ethereum has an active development team working to improve the network.

# Disadvantages

1. _Value_: Ethereum is worth much less than Ethereum.

2. _Usage_: Ethereum's usage is much lower than Ethereum's.

3. _Support_: Ethereum's support is much lower than Ethereum's.

4. _Competition_: Ethereum faces stiff competition from Ethereum and other cryptocurrencies.

#Uses

1. _Decentralized Applications_: Ethereum can be used to develop decentralized applications.

2. _Smart Contracts_: Ethereum can be used to implement smart contracts.