The Ethereum Classic price is based on an expansion of the original Ethereum blockchain and an open-source, distributed computing platform. The ETC price includes a smart contract feature, incorporating a Turing-complete virtual machine that utilizes an international chain of public nodes to complete scripts. ETC uses Ether tokens, the same as Ethereum for transactions on behalf of performed computations. Ethereum Classic is a fully decentralized, immutable network, community, and cryptocurrency. Ethereum Classic uses highly-efficient value transfers that allow it to focus on the Internet of Things applications, and runs a mathematically-verified Ethereum Virtual Machine (EVM), allowing users to enjoy an ultra-efficient means of exchanging value.
Source: Crypto Insider - 1 day ago
Last week was pretty rough for proponents of immutable Proof of Work Turing-complete blockchains, as the development teams of Ethereum Classic have split into ideological camps which concern the acceptance or rejection of financing from the Digital Finance Group. In this regard, seemingly-unrelated cheap shots and subtle references to past events culminated with a shocking […]
Source: Crypto Insider - 5 days ago
On December 3rd 2018, the ETCDEV Twitter account has posted a message to announce that the project would shut down its operations. The reason invoked was that of an inability to secure short-term funding. On the surface, this seemed like the culmination of a common issue for open-source developers: as soon as their funding runs […]
Source: NEWSBTC - 1 week ago
While crypto’s unbridled optimists have done their best to keep this market afloat, incessantly imploring Bitcoin investors to “HODL” and “BUIDL,” their cries haven’t stopped a key Ethereum Classic development group from unfortunately capitulating. Ethereum Classic Ecosystem Loses Key Player Amid Market Tumult After a multi-month downturn in the cryptocurrency world, which has seen $700...
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