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About Ethereum Classic

Ethereum Classic (ETC) is the original Ethereum blockchain, launched in July 2015, and maintained after Ethereum’s split in 2016. It is an open-source, decentralized platform that supports smart contracts and decentralized applications (dApps). Guided by the principle of “Code Is Law,” Ethereum Classic emphasizes immutability, meaning transactions and applications on its blockchain are final and cannot be altered. ETC operates on a Proof-of-Work (PoW) consensus mechanism, ensuring security and censorship resistance. Its native token, ETC, is used for transaction fees (gas) and miner rewards. Over time, Ethereum Classic has pursued its own technical roadmap, diverging from Ethereum while continuing to uphold its commitment to decentralization and immutable ledger integrity.

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