Ethereum Classic Price today
Ethereum Classic, also known as ETC, has a price today of 11,34$ and a market capitalization of 1.187.421.568$, which is 0,45% of the total. Ethereum Classic has a total of 104.710.904 coins in circulation.
In the last 24 hours, the price of Ethereum Classic has increased 0,61$, which is 5,68% of its valuation.
What is Ethereum Classic?
When the original Ethereum platform forked it created two versions; Ethereum (ETH) and Ethereum Classic (ETC). Ethereum Classic is a public, open-source platform based on blockchain and distributed computing technology. It comes with the function of smart contract.
Ethereum foundation officially launched Ethereum Classic in 2016. Users can buy them easily and can store them in a wallet like other crypto-currencies.
It uses an international transaction pricing mechanism known as gas so that it can assign resources proportionally to the incentive offered by the request and can protect the network by avoiding spam.
“Classic ether” is the value token of Ethereum Classic. Participants can store these tokens in a crypto-currency wallet, transfer between them and even use them to compensate participant nodes for performed computations. Under the ticker symbol ETC, users can use crypto-currency exchanges to trade these tokens.
Ethereum Classic crypto-currency provides the Ethereum Turing-complete decentralized Virtual Machine like EVM. It uses an international network of public nodes so that it can execute scripts. It adjusts the internal prices for different opcodes of the EVM; Ethereum Virtual Machine by passing a technical hard fork.
Ethereum Classic Features
- Ethereum Classic provides decentralized governance. It provides continuous nodes-based execution of codes globally.
- It’s a form of the original Ethereum blockchain.
- It’s a Turing-complete decentralized virtual machine.
- It’s self-executing, open-source, public platform.
- It provides smart contract application.
- Its codes are neutral.
- Records of its valid transactions are unerasable.
Ethereum Classic Technology
The main ecosystem of Ethereum Classic crypto-currency is based on the improved version of DAO and DAPP which run on its blockchain technology. DAO means Decentralized Autonomous Organization. It’s a smart contract with complexity. DAPP is a decentralized application that’s also referred to a smart contract for ETC system.Visit website open_in_new
|Price in BTC||0.00168616 BTC|
|Current Supply||104.710.904 ETC|
|24h Volume (coin)||1.346.272 ETC|
|24h Volume (currency)||$15.118.782|
|Last updated||2018-09-21 19:35:10 +01:00 BST|
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