What are the differences between Ethereum (ETH) and Ethereum Classic (ETC)?

3 answers

• Dec 25, 2021 · 3 years ago
  Ethereum (ETH) and Ethereum Classic (ETC) are two separate cryptocurrencies that originated from the same blockchain. The main difference between them lies in their response to the DAO hack in 2016. After the hack, Ethereum implemented a hard fork to reverse the transactions and recover the stolen funds, resulting in the creation of Ethereum Classic. Ethereum Classic, on the other hand, chose to maintain the original blockchain and not reverse any transactions. This fundamental difference in ideology led to the split between the two cryptocurrencies.
  556278
• Dec 25, 2021 · 3 years ago
  Ethereum (ETH) and Ethereum Classic (ETC) have different development teams and communities. Ethereum has a larger community and more active development, with regular updates and improvements. Ethereum Classic, although smaller in size, has a dedicated community that believes in the principles of immutability and decentralization. Both cryptocurrencies have their own unique features and use cases, but Ethereum has gained more mainstream adoption and is considered the more popular choice among developers and users.
  518173
• Dec 25, 2021 · 3 years ago
  From a technical perspective, Ethereum (ETH) and Ethereum Classic (ETC) share many similarities. They both use the same underlying technology and smart contract capabilities. However, Ethereum has implemented several upgrades and improvements over time, such as the transition from Proof of Work to Proof of Stake with the upcoming Ethereum 2.0 upgrade. These technical advancements give Ethereum an edge in terms of scalability and efficiency compared to Ethereum Classic. Additionally, Ethereum has a larger ecosystem of decentralized applications (DApps) and tokens built on its platform, providing more opportunities for developers and users.
  646162