Dynamic and history value of price ETC. Maximal value of price ethereumclassic was 12.93$ - 2021-01-10 17:00:11, Minimal price of ETC was 4.722$ value and fixed at 2020-12-31 11:00:15. Today price of ethereumclassic is : 0$
Ethereum Classic (ETC) is a distributed IT platform that operates using blockchain technology to provide functionality for decentralized applications and smart contracts. The token, ETC, is used as a currency within the network and can be exchanged in different exchanges. Ethereum Classic is technically the old Ethereum blockchain, which users refused to abandon after a hard fork. Ethereum Classic is the original blockchain of the Ethereum network that remained after the hard fork in 2016. Disagreements over the ethics of altering the blockchain to correct past attacks led to a division in the community. The «DAO» attack saw the loss of $ 50 million in Ethereum wallets. The decision to reverse the blockchain at a time before the attack was seen as unnecessary and unethical manipulation of the original code. Ethereum Classic is still traded on the stock exchange, despite being a remnant of the official Ethereum blockchain. It does not have the advantage of Ethereum’s technical updates and many question its validity given the nature of its birth.