What are the differences between Ether and Ethereum Classic in the world of cryptocurrency?

3 answers

• Dec 16, 2021 · 3 years ago
  Ether (ETH) and Ethereum Classic (ETC) are two separate cryptocurrencies that originated from the Ethereum blockchain. ETH is the result of a hard fork that occurred in 2016, while ETC is the original Ethereum blockchain that remained unchanged. ETH has a larger market capitalization and more widespread adoption compared to ETC. It is known for its smart contract functionality and is used as a fuel for decentralized applications (DApps) on the Ethereum network. On the other hand, ETC is often seen as a more decentralized and immutable version of Ethereum, as it adheres to the original principles of blockchain technology without any modifications. While ETH has a larger community and development support, ETC has its own dedicated community that believes in the importance of maintaining the original blockchain's integrity and immutability.
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• Dec 16, 2021 · 3 years ago
  Ether and Ethereum Classic may have similar names, but they have distinct differences. ETH is the more popular and widely accepted cryptocurrency, while ETC represents the original Ethereum blockchain. ETH has a larger market capitalization and is supported by a larger community of developers and users. It is often used for ICOs and as a means of exchange in the crypto world. On the other hand, ETC is considered by some as a purer form of Ethereum, as it has not undergone any major changes or updates. It is favored by those who value the principles of decentralization and immutability. Both cryptocurrencies have their own unique features and communities, and it ultimately depends on individual preferences and beliefs when choosing between them.
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• Dec 16, 2021 · 3 years ago
  Ether (ETH) and Ethereum Classic (ETC) are two different cryptocurrencies that emerged after a contentious hard fork in the Ethereum community. ETH is the result of the majority of the community deciding to implement a hard fork to reverse the effects of a hack on the DAO (Decentralized Autonomous Organization). This decision was made to protect the funds of investors. ETC, on the other hand, represents the minority group that chose to continue with the original Ethereum blockchain without any modifications. While ETH has gained more mainstream adoption and is considered the official Ethereum, ETC has its own dedicated community that believes in the importance of immutability and the principles of blockchain technology. Both cryptocurrencies have their own strengths and weaknesses, and it's up to individual investors to decide which one aligns better with their values and investment goals.
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