Ethereum Classic (ETC). Where to buy cryptocurrency and its main features
Ethereum Classic (ETC) cryptocurrency is one of the most popular altcoins, with a daily trading volume of about a billion dollars. Cryptothemarket specialists have prepared a review from which you will learn the history of the platform, technical characteristics, methods of obtaining, as well as investment attractiveness. You can get more information and find the best platforms for buying and selling ETC by following the link https://cryptothemarket.net/cryptocurrency/.
The main advantages of Ethereum Classic (ETC) include:
own virtual machine EVM, running on the basis of smart contracts and having open source code;
compliance with all rules and principles of decentralization;
reliability;
high liquidity, attractiveness for short-term and long-term investments;
formed community.
History of ETC
The history of Ethereum Classic originates from the “The Dao” project, which was extremely popular and attracted millions of investments. However, after a series of events, the developers decided to create a hard fork, which was not accepted by a significant part of the community. As a result, the platform was divided, Ethereum Classic appeared, which runs on the original blockchain, strict rules apply regarding the impossibility of changing or canceling smart contracts.
Features & Features
Key Features:
Platform launch: July 30, 2015;
Current rate: RUB 3;
Number of coins in circulation: 131;
You can buy and sell Ethereum Classic on exchanges, the list of which is presented on cryptothemarket.net. In addition, storage is available in various types of wallets:
classic MIst wallet from platform developers;
browser extension;
Coinomi wallet for iOS and Android mobile platforms.
ETC mining is based on the Proof-of-work algorithm. You can use one of the popular pools.
Prospects
Like most other cryptocurrencies, ETC has fairly high volatility rates, with fairly sharp ups and downs. This both carries certain risks and provides the opportunity to make good money. Initially, many were suspicious of ETC, believing that the main share was taken over by the BTH hard fork. However, the community supported the platform and today ETC is supported by many investors, as evidenced by large trading volumes. The altcoin is reliable and has good prospects.
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