$15.25
1H
-0.31%$0.0474
24H
0.18%$0.0274
7D
-4.72%$0.7555
30D
-3.32%$0.5237
Ethereum Classic is a hard fork of Ethereum that launched in July 2016. Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps). Its native token is ETC.
Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time.
Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH.
This move is part of Google Cloud’s ongoing collaboration with the blockchain community to democratize blockchain data and make it accessible to developers.
According to the Coinbase exec, the owner likely got the lost crypto from a 2018 ETC airdrop when the Ethereum blockchain forked.
Coinbase wallet decided to end support for these four altcoins owing to low usage.
The crypto market has been experiencing a downturn in recent months with several major currencies seeing a sharp fall in value.
The actions of Charles Hoskinson have been condemned by both followers of the Ethereum Classic community as well as those of the Ergo protocol.