How does Ethereum Classic (ETC) work, and what are its core features?

How does Ethereum Classic (ETC) work, and what are its core features?

Blog Article

Ethereum Classic operates as a public, permissionless blockchain platform enabling smart contracts and decentralized applications (copyright). Its core features include immutability, decentralized governance, and adherence to a Proof of Work (PoW) consensus mechanism, which supports secure transactions and block validations by miners. Like Ethereum, ETC allows developers to build copyright and execute smart contracts but distinguishes itself by preserving the original Ethereum chain without modifications. With ETC, users benefit from transparent, irreversible transactions. The current ETC price can reflect the network’s ongoing utility, security, and user interest as it competes within the broader blockchain ecosystem.