Ethereum Classic current price is $4.940.

Ethereum Classic current price is $4.940.


Ethereum Classic current price is $4.940 with a marketcap of $573.86 M. Its price is 1.56% up in last 24 hours.


Buy / Sell Ethereum Classic
  • ethereum-classic
    Ethereum Classic (ETC)
  • Live Price
    $4.940
  • 24h %
    1.56%
  • Market Cap
    $573.86 M
  • Volume
    $586.73 M
  • Available Supply
    116.32 M ETC
  • Rank
    34

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Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain - the classic version preserving untampered history; free from external interference and subjective tampering of transactions. Transaction Finality Ethereum Classic believes the core value proposition of any blockchain is immutability; valid transactions can never be erased or forgotten. Individuals interacting on Ethereum Classic are governed by this reality; Code is Law. This does not necessarily mean that code replaces existing laws, or that only code is law (there are many geographical jurisdictions), but it gives users the opportunity to enter into a new blockchain-based jurisdiction where agreements are governed by code. By entering into contracts on Ethereum Classic, you can be certain that the network remains neutral. The outcome of transactions will be dictated by code you voluntarily interact with. Unless explicitly defined by the contract code, there are no reversals, no undos, no opt-outs. Transactions are final; applications are unstoppable. Decentralized Governance There are many problems that fester due to centralization and opaqueness; corruption, unaccountability, nepotism, inefficiency and stagnation. Ultimately, centralization leads to fragility; only decentralized systems can stand the test of time. These problems can be only solved by adhering to governance systems that do not rely on a central point of failure. Just like distributed networks and the consensus protocol itself, we believe that only truly decentralized projects can survive in the long run. Ethereum Classic manifests these values by relinquishing control by a formalized central foundation. The only hierarchy is that of transparent meritocracy and mutual reputation. No backroom deals or behind-closed-doors unilateral decision making; just free and open discourse.

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Twitter News Feed

After multiple 51% attacks, Ethereum Classic (ETC) developers working towards making the project’s network more resistant to blockchain reorganization (reorg) exploits.

Ethereum Classic Devs Propose 51% Attack Prevention Protocol
https://beincrypto.com/ethereum-classic-devs-propose-51-attack-prevention-protocol/ via @beincrypto

If MESS is adopted by the honest majority of #EthereumClassic nodes, it would raise chain state finality near-exponentially with negligible risk of network bifurcation.

Agreeing To Disagree: Proposing a Weakly-Subjective Finality Solution for ETC https://link.medium.com/aOVTEhy4S9

Check out the @ETCCooperative's newest network monitor site! It currently monitors some of the live @Hyperledger-#Besu nodes on ETC, including ones powering services like #BlockScout and #Ethercluster.

https://etcnetstats.com

Though we bid a fond farewell to @Yazanator, the ETC Co-op grows stronger welcoming our latest addition, @stevanlohja, our new Director of Dev. Relations, as well as a now full-time community manager, @Classic_Kevin_!

Learn more below.
https://etccooperative.org/posts/2020-09-16-staffing-changes

Binance Futures to Launch New Perpetual Contracts for #EthereumClassic (ETC) https://buff.ly/3igLqRB via @Herald_Sheets

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