Ethereum Classic
Ethereum Classic is the original Ethereum chain that continued after the DAO hack in 2016, maintaining an immutable ledger philosophy. It supports smart contracts and decentralized applications but has faced multiple 51% attacks. ETC attracts users and investors who value code-is-law principles and a commitment to blockchain integrity. It runs independently of modern Ethereum developments.
| Ethereum Classic | |
|---|---|
| Available on Coinbase (2024)? | Yes |
| Creator(s) | Resulted from a split in the Ethereum community; original Ethereum chain |
| Start year | 2016 |
| Decentralized score (out of 5) | 5/5: Fully Decentralized |
| Influences or central authority | community and node consensus. |
| Can be mined? | Yes |
| New issuance method | Proof of Work (PoW) |
| Maximum supply (in millions) | 210.7 |
| Percentage already issued (2024) | 67% |
| Key functions (other than transactions) | smart contracts, apps |
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