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Ethereum Classic
ETC

About Ethereum Classic

Ethereum Classic (ETC) is a decentralized, open-source blockchain platform and cryptocurrency. It supports smart contracts and allows developers to create decentralized applications (dApps) on its network. Created in 2016, ETC emerged from ideological and technical disagreements within the Ethereum community following the DAO attack. The original Ethereum blockchain was split into two separate chains: Ethereum (ETH) and Ethereum Classic (ETC). The DAO attack in June 2016 resulted in hackers stealing around $50 million worth of funds, prompting a hard fork to revert the stolen funds to their owners. This led to the coexistence of the two chains. While Ethereum uses ETH as its currency, Ethereum Classic continues with ETC. Although ETC shares much of Ethereum’s functionality, it differs sign...

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