Ethereum Classic (ETC) is a decentralized cryptocurrency that operates on a blockchain platform and is considered the original version of Ethereum. It was created in 2016 as a result of a hard fork from the Ethereum blockchain, after a group of developers disagreed with the decision to reverse a hack that resulted in the loss of millions of dollars worth of Ether.
Ethereum Classic aims to uphold the original principles of immutability and censorship-resistance that are at the core of blockchain technology. The platform enables the creation of smart contracts and decentralized applications (dApps) using its own programming language, Solidity. The network is also dedicated to providing a more decentralized governance structure, with the community having a greater say in the development and decision-making processes. With its strong emphasis on decentralization and immutability, Ethereum Classic has become a popular choice among developers, businesses and individuals who value these features in a blockchain network.
