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What is Ethereum Classic (ETC)?

May 10, 2018 By admin_coin

What is Ethereum Classic Crypto Currency?
What is Ethereum Classic Crypto Currency?
A brief description of Ethereum Classic.
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 Video

The purpose of Ethereum Classic 

Conditional Trustless transactions, Replace traditonal contracts between parties, Build Decentralized applications Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs, token issuance

Ethereum Classic Abstract

Ethereum ‘Classic’ is the original unmolested Ethereum block chain of the Ethereum platform. We believe in
decentralized, censorship-resistant,, permissionless blockchains. We believe in the original vision of Ethereum as
a world computer you can’t shut down, running irreversible smart contracts. We believe in a strong separation
of concerns, where system forks are only possible in order to correct actual platform bugs, not to bail out failed
contracts and special interests. We believe in censorship-resistant, platform that can be actually trusted – by anyone.

More information can be found in the Ethereum Classic whitepaper https://coss.io/documents/white-papers/ethereum-classic.pdf

Other Ethereum Classic facts

  • Trading symbol: ETC
  • Governance: Semi-centralized
  • Open source: Yes
  • Product status: Fully working product
  • Consensus method: Proof of work
  • Emmission rate: Deflationary Monetary Policy
  • Transactions per second:  4
  • Total Supply: 230,000,000
  • Release date: 2016-07-09

Usefull Ethereum Classic links

  • Ethereum Classic’s Website
  • Ethereum Classic pricing data & fundamental Ethereum Classic information
  • Ethereum Classic’s Website
  • Ethereum Classic official blog
  • Ethereum Classic’s Bitcointalk Forum
  • Ethereum Classic’s Reddit Forum
  • Ethereum Classic’s block explorer
  • Ethereum Classic’s Alexa site stats
  • Ethereum Classic’s official forum: Unfortunately we don’t have this data available.
  • Ethereum Classic’s Github code repository:
    https://github.com/ethereumclassic
  • Ethereum Classic’s roadmap:
    https://www.etcdevteam.com/roadmap.html
  • Ethereum Classic’s team page: https://iohk.io/projects/ethereum-classic/#team
    https://www.etcdevteam.com/
    https://github.com/orgs/EthereumCommonwealth/people
  • Ethereum Classic’s whitepaper: https://coss.io/documents/white-papers/ethereum-classic.pdf

Filed Under: Ethereum Classic Tagged With: Altcoin, Crypto, Currency, ETC, What is?

Other questions related to this cryptocurrency:

  • Is Ethereum Classic (ETC) Centralized, Decentralized or Semi-Centralized?
  • What is the Consensus method of Ethereum Classic (ETC)?
  • All available information on the Ethereum Classic (ETC) ICO
  • How can I contact the Ethereum Classic (cryptocurrency) team?
  • Who is leading Ethereum Classic (ETC) crypto?
  • Where to find Historical trading info and past performance on Ethereum Classic (crypto)?
  • Where can I find fundamental analysis of Ethereum Classic (ETC)?
  • How to buy Ethereum Classic (ETC) cryptocurrency?
  • What is Ethereum Classic (ETC)?

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