40 views
in Cryptocurrency by (2.2k points)

What is Ethereum Classic?

Please log in or register to answer this question.

1 Answer

0 votes
by (2.8k points)
Ethereum Classic is a decentralized platform that runs smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. It is a continuation of the original Ethereum blockchain that split after a hard fork in 2016, following a hacking incident that resulted in the theft of funds. Ethereum Classic retains the original blockchain with unforked transactions, while Ethereum (ETH) followed the path of the hard fork.

Related questions

3 answers
asked Mar 16, 2024 in Business and Finance by bivas54 (2.2k points)
1 answer
asked Mar 16, 2024 in Cryptocurrency by bivas54 (2.2k points)
2 answers
asked Jun 9, 2024 in Cryptocurrency by Kelvindhope (16.6k points)
2 answers
asked Jun 9, 2024 in Cryptocurrency by Kelvindhope (16.6k points)
...