ETC – Ethereum Classic

Live Price

ethereum-classic
ethereum-classic

Ethereum Classic (ETC)

Price
$ 5.20

Key Info

Average Blocktime14.4 seconds
Median Transaction Fee$0.00023
Block Size1.454 KB
Coin Circulation Limit230 million
Beta Coefficient1.0546
CategoryCurrency

Historical Returns

Coin Rating

Ethereum Classic
SymbolCrypto ScoreVolumeVolatilityLiquidityIndustryApplicationMarketcapSupplyVolume (24h)Last 24h
ETC6.125.335.977.335.506.45$ 557.20 M107.21 M$ 277.94 M

Coin Summary

Ethereum Classic came about following the DAO hack and the hard-fork of Ethereum. The DAO was a crypto investment capital fund built on the blockchain that became popularized in the Ethereum community. DAO was funded by the purchase of tokens and raised over $150M in a short time. As development grew in the smart contract to allow investors to withdraw funds, hackers exploited this system by withdrawing funds via DAO tokens using the same ones multiple times thus draining the fund. This outbreak caused a lack of faith in the community and talk of the split was brought about.  ETC and ETH share blockchains up to the time of the fork. Classic emulates Ethereum by running on smart contracts to ensure an immutable ledger free from tampering as was jeopardized during the DAO hack. Unfortunately at this time Blockchain Wallet doesn’t support ETC, just ETH, and BTC.

What is Ethereum Classic?

Key Links

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