Ethereum Classic is a blockchain-based distributed computing platform which offers smart contract (scripting) functionality.
Contract Address: 0x6db072742a6ad3772e9340d6d7435075d3213D27
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As incumbent institutions are increasingly threatened by the wild potential of blockchain tech, only truly decentralized and secure cryptocurrencies will survive. Existing in response to contract censorship on sister chain Ethereum™ (ETH) and to uphold and preserve the principle of Code is Law, Ethereum Classic (ETC) has proven its ability to resist censorship against all odds, and deliver the original Ethereum vision of unstoppable applications.
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Following the rapid growth of the cryptocurrency space, many new players enter the scene, and while scrolling down a list of projects ranked by market cap, some notice a blockchain called Ethereum Classic.They see a name and logo that is similar to the famous Ethereum™ and may assume that this Classic thing is some sort of copy-cat project trying to cash in on ETH's success. In a market saturated with such projects, and with limited research time, many people may reasonably give Ethereum Classic a pass without much thought.
The live price of Ethereum Classic is $ 19.34 per (ETC / USD) today with a current market cap of $ 2.72B USD. 24-hour trading volume is $ 91.51M USD. ETC to USD price is updated in real-time. Ethereum Classic is -1.99% in the last 24 hours. It has a circulating supply of 140.71M USD.
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Ethereum Classic was the original version of Ethereum, prior to the DAO hack. While Ethereum Classic offers similar functionality to Ethereum, it uses a PoW consensus model and has no plans to switch to a proof-of-stake (PoS) model like Ethereum did after the Merge.
ETC is used on the Ethereum Classic blockchain in a similar manner to ETH on the Ethereum network. ETC is used as a peer-to-peer (P2P) payment token and to secure the Ethereum Classic blockchain. ETC price is available live on Binance.
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