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Ethereum Classic

ETC

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Ethereum ClassicGitHub code submission status
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Ethereum Classic Basic
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Ethereum Classic Info

White paper
white paper
Website
ethereumclassic.org
Contracts
Explorers
tokenview.io
blockscout.com
oklink.com
Community
Twitter
Reddit
Discord
Source code
github.com
Sector
Layer1
First issue time
Jul 20, 2016

Ethereum Classic Team

Individuals
Bob Summerwill
Executive Director at Ethereum Classic Cooperative
Organizations
Ethereum Classic Labs
ETC Labs is dedicated to accelerating the development

Ethereum Classic Intro

Ethereum Classic (ETC) is a forked version of the Ethereum blockchain that emerged as a result of the DAO (Decentralized Autonomous Organization) attack in 2016. It maintains the pre-fork blockchain history and leverages the same core blockchain technology as Ethereum, including smart contracts and a virtual machine. ETC operates on the Proof-of-Work (PoW) consensus mechanism, ensuring decentralization, security, and immutability, while supporting the development of decentralized applications. ETC’s compatibility with Ethereum’s tools makes it easier for developers to migrate smart contracts between the two chains or create new applications.

ETC continues to uphold its founding principle of immutability, where "Code is Law," rejecting any modifications to the blockchain, even after events like the DAO hack. This strong commitment to the original blockchain philosophy distinguishes Ethereum Classic from Ethereum, which rolled back the chain post-hack.

In January 2024, Ethereum Classic underwent the Spiral Hard Fork at block 19,250,000, which improved the network's scalability and performance. While Ethereum has transitioned to Proof-of-Stake (PoS), Ethereum Classic remains committed to Proof-of-Work (PoW), maintaining its original decentralized mining model.

This combination of immutability and continuous development ensures that ETC remains a prominent player in the blockchain ecosystem, preserving the original vision of a decentralized, unalterable ledger.

Above are only for introduction, not intended as investment advice.

Ethereum Classic Unlock & Allocation
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Q&A about Ethereum Classic Tokenomics

Explore the tokenomics of Ethereum Classic (ETC) and review the project details below.


What is the allocation for Ethereum Classic (ETC)?

According to whitepaper, ETC has no pre-defined allocation. Miners who verify new blocks through proof of work receive newly minted ETC rewards.


What is the supply schedule for Ethereum Classic (ETC)?

The supply of ETC is limited. In December 2017, the ETC Foundation voted to limit the maximum supply of ETC to 210,700,000 ETC. ETC has a fixed emission curve. The ETC block reward decreases every 2 years, with the next drop due at block 25,000,000, roughly in May 2024 — from 2.56 ETC to 2.048 ETC per block. To view real-time updates on token information, you can visit https://etc.blockscout.com/stats

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Ethereum Classic Price Live Data
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The live Ethereum Classic price today is $26.6 USD with a 24-hour trading volume of 424634267 USD. We update our Ethereum Classic to USD price in real-time. Ethereum Classic is +3.22% in the last 24 hours. The current SoSoValue marketcap ranking is # 32, with a live market cap of $ 3,980,029,681.6 USD. It has a circulating supply of 149,625,176 ETC coins and a max supply of 210,700,000 ETC coins.
Ethereum Classic
ETC
#33
$0
+3.22%
Total dollar volume24H
$424,634,267
High24H
26.83 USDT
Low24H
24.62 USDT
Market Cap
#33$3,980,029,682
FDV
$5,604,620,000
Turnover rate
10.67%
Circulating supply
149,625,176
Total supply
210,700,000
Max supply
210,700,000
All time high
179.83 USDT
All time high date
May 06, 2021
Down from All time high
-85.21%
Cycle low
12.47 USDT
Cycle low date
Jun 18, 2022
Up from cycle low
113.31%
Official links
Website
White paper
Socials
Twitter
Reddit
Discord
Introduction

Ethereum Classic (ETC) is a forked version of the Ethereum blockchain that emerged as a result of the DAO (Decentralized Autonomous Organization) attack in 2016. It maintains the pre-fork blockchain history and leverages the same core blockchain technology as Ethereum, including smart contracts and a virtual machine. ETC operates on the Proof-of-Work (PoW) consensus mechanism, ensuring decentralization, security, and immutability, while supporting the development of decentralized applications. ETC’s compatibility with Ethereum’s tools makes it easier for developers to migrate smart contracts between the two chains or create new applications.

ETC continues to uphold its founding principle of immutability, where "Code is Law," rejecting any modifications to the blockchain, even after events like the DAO hack. This strong commitment to the original blockchain philosophy distinguishes Ethereum Classic from Ethereum, which rolled back the chain post-hack.

In January 2024, Ethereum Classic underwent the Spiral Hard Fork at block 19,250,000, which improved the network's scalability and performance. While Ethereum has transitioned to Proof-of-Stake (PoS), Ethereum Classic remains committed to Proof-of-Work (PoW), maintaining its original decentralized mining model.

This combination of immutability and continuous development ensures that ETC remains a prominent player in the blockchain ecosystem, preserving the original vision of a decentralized, unalterable ledger.

Above are only for introduction, not intended as investment advice.

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