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learn crypto today!Among the sea of projects, Ethereum Classic stands out to us, bearing a striking resemblance to the renowned Ethereum™ in name and logo. This similarity might lead some to dismiss it as a mere imitation, capitalizing on Ethereum’s success.
However, those who go down the rabbit hole, like Lee + Eric uncovering intriguing facts that dispel initial doubts. The revelation that Ethereum Classic is not an Ethereum™ replica, but rather a continuation of the original Ethereum launched in 2015, was a game-changer. The Ethereum Foundation deviated from this original path in 2016, introducing a new protocol.
Ethereum Classic’s applications have been running smoothly for a year longer than Ethereum™, establishing ETC as the most dependable and longest-operating Smart Contract Platform. Crucially, Ethereum Classic has never and will never halt or interfere with Smart Contracts deployed on its platform, as its value and utility lie in its unstoppable nature.
In contrast to Ethereum™, Ethereum Classic operates under the principle of “Code is Law”. This ensures that “applications execute precisely as programmed, free from downtime, censorship, or third-party interference.” Ethereum Classic has honed its ability to fulfill this promise by optimizing features that promote decentralization, unstoppable operation, and resistance to censorship against formidable external forces. It stands alone as the only major Smart Contract Platform that has demonstrated its commitment to this promise. We like this ethos!
Ethereum Classic (ETC) is a cryptocurrency that operates on the Ethereum Classic network, a decentralized, open-source blockchain platform. It was launched in July 2016 as a hard fork of Ethereum (ETH).
Ethereum (ETH) is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts. Ethereum was first described in a 2013 whitepaper by Vitalik Buterin.
The Solana network is validated by thousands of nodes that operate independently of each other, ensuring data remains secure and censorship resistant.
Kaspa (KAS) is a decentralized and scalable cryptocurrency. It uses a BlockDAG architecture to address scalability issues in traditional blockchain implementations. We love it!
Bitcoin (BTC) is a type of digital or virtual currency, often referred to as cryptocurrency, comparable to traditional currency yet existing solely in digital format. Unlike traditional fiat currencies i.e. Dollars or Euros, Bitcoin isn't controlled by any government or central authority. Instead, it operates on a decentralized network of computers worldwide known as blockchains.
A smart contract is a self-executing contract with the terms of the agreement directly written into code. The code and agreements contained within it exist across a distributed, decentralized ledger, stored on a blockchain network. This means that once the conditions specified in the smart contract are met, the contract automatically executes the predefined actions without the need for intermediaries or manual intervention.
Imagine a digital ledger, like a record book, where transactions are recorded one after another. Now, instead of being stored in one place, copies of this ledger are stored on many computers worldwide, forming a network. This is essentially what a blockchain is.
An ETF, or Exchange-Traded Fund, is a type of investment fund that combines the features of stocks and mutual funds. ETFs provide investors with a convenient and flexible way to gain exposure to various markets and asset classes with lower costs compared to traditional mutual funds.
No. We are just fans, degens, node owners and crypto supporters. This is not financial advice or an investment.
This is not financial advice, a security or investment. We are a group of friends simply wanting to support the ETC chain and various other networks we like.
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