Ethereum Classic is up by more than three per cent in today’s trading session. The cryptocurrency is extending yesterday’s aggressive...
Ethereum Classic
Ethereum classic is a blockchain network created in 2016 after a hard fork of the Ethereum blockchain following the hacking event that led to the loss of $50 million worth of Ethereum.
What’s Ethereum classic?
Ethereum classic operates as an open-source blockchain network that runs smart contracts similar to Ethereum, but their valuation differs significantly.
After the hard fork, Ethereum Classic was the original network that was hacked, while the current Ethereum blockchain was the new, more secure network.
Since has been associated with multiple security issues and hacking events, which has hampered its growth compared to its peer.
The Ethereum network has continued growing from strength to strength ever since the hard fork, leaving Ethereum classic playing catch up since they both target the intelligent contracts market.
Most investors trust the Ethereum network, which has seen massive capital flows into it since the hard fork, while Etehreum Classic has lagged and is widely regarded as a less secure blockchain network.
Ethereum classics native token is ETC.
Ethereum Classic is one of the most accessible cryptocurrencies in the market.
How to buy?
To buy it, you need to open an online account, link it to your bank account, and then make a purchase. In addition, you may need to purchase a wallet to store your tokens.
Investing in cryptocurrencies requires extensive research on the investor’s part because of the high volatility. That said, ETC remains a very risky crypto to invest in. even for short-term players who are there for quick profits.
Ethereum classics latest news
Ethereum Classic prices are seeing a drop of four per cent in today’s trading session. The drop is a continuation...
Our Ethereum classic price prediction suggests that the price may soar to $82 in the medium term. On 22nd March...
After spending much of the first quarter of the year below $35, the Ethereum Classic price broke out on March...
Ethereum Classic price has surged by more than 90 per cent in the past few weeks. The rally has seen the...
There have been no significant changes to my Ethereum Classic price prediction. The recovery in the Ethereum Classic price has...
For those hanging on to bullish Ethereum classic price predictions, the situation on the charts does not give room for...
Ethereum Classic is an open-source blockchain network that was the original version of the Ethereum blockchain before the DAO hack...
Here's what the formed bullish pattern means for ETC price in the ensuing sessions.
Ethereum Classic has recovered slightly after a series of daily dips. It is presently up 4.24% as the crypto market...