ethereum-classic Ethereum Classic (ETC)

$21.910
-1.06% (24H)
Watch
Market CapVolumeAvailable Supply
$2.78 B$2.56 B126.25 M ETC

Ethereum Classic current price is $21.910 with a marketcap of $2.78 B. Its price is -1.06% down in last 24 hours.

Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain - the classic version preserving untampered history; free from external interference and subjective tampering of transactions. Transaction Finality Ethereum Classic believes the core value proposition of any blockchain is immutability; valid transactions can never be erased or forgotten. Individuals interacting on Ethereum Classic are governed by this reality; Code is Law. This does not necessarily mean that code replaces existing laws, or that only code is law (there are many geographical jurisdictions), but it gives users the opportunity to enter into a new blockchain-based jurisdiction where agreements are governed by code. By entering into contracts on Ethereum Classic, you can be certain that the network remains neutral. The outcome of transactions will be dictated by code you voluntarily interact with. Unless explicitly defined by the contract code, there are no reversals, no undos, no opt-outs. Transactions are final; applications are unstoppable. Decentralized Governance There are many problems that fester due to centralization and opaqueness; corruption, unaccountability, nepotism, inefficiency and stagnation. Ultimately, centralization leads to fragility; only decentralized systems can stand the test of time. These problems can be only solved by adhering to governance systems that do not rely on a central point of failure. Just like distributed networks and the consensus protocol itself, we believe that only truly decentralized projects can survive in the long run. Ethereum Classic manifests these values by relinquishing control by a formalized central foundation. The only hierarchy is that of transparent meritocracy and mutual reputation. No backroom deals or behind-closed-doors unilateral decision making; just free and open discourse.
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10 Ethereum Classic (ETC)
=
219.10USD

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# ExchangePairPriceVolume (24h)Updated

Ethereum Classic never held an ICO nor did it have pre-mine like ETH. An ecosystem of this size in a global market with thousands of tokens doesn't hold the same incentives for whales, traders, or firms enter or to donate.

Donation models don't work.

https://medium.com/etccooperative/why-ethereum-classic-should-adopt-a-treasury-34e237fe8129

Would you support #EthereumClassic Treasury to fund at least 3 core development teams with community grants?
Not familiar with the Treasury idea? Read more at https://etccooperative.org/posts/2021-12-03-why-treasury and come back vote on this poll.

The #ETH to #ETC market cap ratio was:

- 29x from July 2018 to July 2020 (just before the repeated 51% attacks of August 2020)
- 48x from July 2018 to April 2021
- 206 the highest point
- 101 current

It's going to 29x as it normalizes to the before 51% attacks levels.

☘️☘️☘️

Ethereum Classic Cryptocurrency Jumps By 69% In The Last 14 Days https://via.news/markets/ethereum-classic-cryptocurrency-jumps-by-69-in-the-last-14-days/ via @ViaNewsAgency

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