Ethereum Classic (ETC)
Ethereum Classic (ETC)
32.61 -3.79 %
Rank # 37 500+ Watchlist
Low High
24H Range
Market Cap
24 Hour Trading Vol
Fully Diluted Valuation 906.03 B
Circulating 149,946,665.00
Total Supply 210,700,000.00
Max Supply 210,700,000.00
  Week Month Year All Time
High

14-12-2024

33.777964707835
-3.46%

07-12-2024

38.521941247438
-15.35%

07-12-2024

38.521941247438
-15.35%

07-05-2021

₹5,730,800.59
-80.47%
Low

15-12-2024

32.61
0.00%

27-11-2024

28.337218130891
15.08%

07-09-2024

17.292262998846
88.58%

25-07-2016

₹5,628.29
5,205.38%

Ethereum Classic News (Etc News)

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Ethereum Classic Chart (Etc Chart)

Ethereum Classic Price USD (Etc Price USD)

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score
Ethereum Classic Price History (Etc Price History)
Price Market Cap Volume Date
Coin Ethereum Classic
Comments
Ethereum Classic Price Today (Etc Price Today)

Ethereum Classic (ETC) is a hard fork of Ethereum (ETH) that began in July 2016. Its primary goal is to serve as a smart contract network that can host and support decentralized apps (DApps). It makes use of ETC as its native token.

Since its foundation, Ethereum Classic has worked to set itself apart from Ethereum, with the two networks' technological roadmaps gradually getting more and more distinct.

Following the theft of 3.6 million ETH as a consequence of a massive hacking attempt, Ethereum Classic set out to secure the security of the existing Ethereum blockchain.

Ethereum Classic is Ethereum's historical chain, and its actual inventors are the original Ethereum developers, Vitalik Buterin and Gavin Wood.

A contentious hard fork on Ethereum happened in July 2016, when participants disputed whether to reverse the blockchain to cancel out the impacts of a significant attack. This had an effect on The DAO, a decentralised autonomous organisation (DAO) that had raised around $150 million in an initial coin offering (ICO) a few months before.

Ethereum Classic emerged as the network that did not reverse the chain. According to the creators, the project has no "official" team, and its "global development community is a permissionless 'do-ocracy,' where anyone can participate."

The primary goal of Ethereum Classic is to keep the Ethereum blockchain as it was before the DAO hack.

The legacy network first found favour with individuals who disapproved of Ethereum's reaction, but it has subsequently attracted a larger following, including influential investors like Barry Silbert, CEO of the investment firm Grayscale.

As a voluntary organization, the ETC developers do not want to transform the network into a for-profit entity.  Users pay transaction fees similar to Ethereum, and miners collect them depending on work completed using the proof-of-work (PoW) mining algorithm.

Unlike Ethereum, Ethereum Classic has no intention of switching to a proof-of-stake (PoS) mining process, while some developers are still working on potential upgrades like scaling options.

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Also read: Ethereum Eth Price USD
Frequently Asked Questions (Crypto FAQs)
The current price of Ethereum Classic (ETC) is USD 32.61
24 Hours, High Price of Ethereum Classic (ETC) is USD 34.2 and Low price of Ethereum Classic (ETC) is USD 31.93
The total supply of Ethereum Classic (ETC) is 210700000 and Circulating supply of Ethereum Classic (ETC) is 149,946,665.00
The trading volume of Ethereum Classic (ETC) is 480029880 In the last 24 hours