Ethereum Classic is a blockchain platform with smart contracts. The native cryptocurrency of the project is traded under the ticker ETC. The project appeared as a result of the split of the Ethereum community after a hard fork conducted due to the hacking of The DAO in 2016. The peculiarity of Ethereum Classic is the preservation of the original Ethereum architecture, in particular, the preservation of the Proof—of-Work consensus algorithm.

ETC news today, Ethereum Classic crypto latest news of token ticker

Ethereum Classic

Presenting First Round ETC Grants DAO Winner ETC Radio

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Congrats to @Corks3000 . Don't miss his weekly @ETC_Radio_ twitter spaces.

Definition of FIAT

Proof of Stake is a form of Fiat Currency.

https://t.co/NukUM6AO53

"act of will that creates something without or as if without further effort"

It is not backed by anything other than itself.

Proof of Work, though, is backed by energy.

#EthereumClassic

Proof of Stake is a form of Fiat Currency. "act of will that creates something without or as if without further effort".

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