History of ethereum classic

history of ethereum classic

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Ethereum Classic was created using the unaltered Ethereum ledger that. Keep reading to find out how Ethereum Classic works, how network fees, which are charged to users who transact in.

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Ethereum Classic is a cryptocurrency that is independent from Ethereum but maintains the original Ethereum ledger. There is no individual founder of Ethereum Classic. The platform originated as a hard fork of the Ethereum blockchain network, which was originally founded by. History: Ethereum Classic came into existence when some members of the Ethereum community rejected a hard fork held in This hard fork was initiated in.
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However, proponents of Ethereum Classic argue that the ETC hard fork hypocritically enabled the very thing that blockchain technology is meant to prevent � subjective human manipulation. Blockchain revolution : how the technology behind bitcoin is changing money, business, and the world. Ethereum is a blockchain platform similar to bitcoin, with one key difference: in addition to recording transactions of value, it can also be used as a distributed computer to run self-executing smart contracts. Ethereum Classic operates using the blockchain and consensus rules that originally governed Ethereum.