Futures
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Ethereum Classic (ETC): Preserving Blockchain Immutability
Ethereum Classic (ETC) is a decentralized blockchain platform that emerged after a split from Ethereum in 2016. The division followed a major hack and debate within the community about whether to reverse transactions. Ethereum Classic continued on the original chain, maintaining the principle that “code is law” and emphasizing immutability.
ETC supports smart contracts and decentralized applications, operating on a Proof-of-Work consensus mechanism similar to Bitcoin. Supporters value its commitment to censorship resistance and unchanged transaction history.
ETC, the native token, is used for paying network fees and securing the blockchain through mining. As blockchain adoption grows, Ethereum Classic remains focused on transparency, decentralization, and preserving its original vision.