Cryptocurrency Q&A
Are ETC and ETH the same?
Are ETC and ETH the same?
ZenHarmony
Thu Jun 13 2024
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7 answers
1342
I'm curious about a subject that's often causing confusion among cryptocurrency enthusiasts - the relationship between ETC and ETH. Could you please clarify for me whether ETC and ETH are essentially the same thing? Or are they distinct cryptocurrencies with unique characteristics and functionalities? I've heard conflicting opinions on this matter and I'm eager to get a professional perspective on the subject. Could you break it down for me, explaining the key differences, if any, between these two cryptocurrencies? Thank you in advance for shedding some light on this topic.
7 answers
MysticGalaxy
Sat Jun 15 2024
Ethereum Classic, abbreviated as ETC, emerged as a result of a divergence within the Ethereum community. It arose as a counterpoint to modifications made to the original Ethereum blockchain.
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Valeria
Sat Jun 15 2024
ETC maintains a strong commitment to preserving the original vision and principles of Ethereum. This approach ensures continuity with the earliest iterations of the blockchain technology.
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BusanBeautyBloom
Sat Jun 15 2024
As a distinct blockchain, Ethereum Classic does not align with subsequent updates or modifications to the Ethereum network. This includes hard forks, which introduce significant changes to the protocol.
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noah_wright_author
Sat Jun 15 2024
ETC's independence allows it to maintain a separate ecosystem, with its own set of developers, miners, and users. This community is dedicated to preserving and advancing the original Ethereum vision.
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Giuseppe
Fri Jun 14 2024
Despite not being compatible with Ethereum updates, ETC still offers a robust platform for decentralized applications and smart contracts. Its security and scalability are key strengths.
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