Header banner
Revain logoHome Page
Tam Pham Duy photo
1 Level
13 Review
-3 Karma

Review on Ethereum Classic by Tam Pham Duy

Revainrating 5 out of 5

Ultimately, Ethereum Classic is the original, unforked version of Ethereum. It…

Ultimately, Ethereum Classic is the original, unforked version of Ethereum. It comes with many of the same features and benefits as Ethereum, and it continues to be actively developed to this day.



Pros
  • Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain - the classic version preserving untampered history; free from external interference and subjective tampering of transactions.The currency emerged after the original Ethereum platform forked into two versions, including Ethereum Classic (ETC) and Ethereum (ETH). ETC was officially released after The DAO hard fork in 2016.
Cons
  • The Ethereum Classic Development Team: ETCDEV Team is an independent team of software engineers and professionals whom work full time on core Ethereum Classic projects. ETCDEV team maintains Classic Geth, a main client for the ETC blockchain and has contributed original projects, such as; Emerald Platform, to help others develop on the ETC blockchain; Emerald Wallet for end users and SputnikVM as a standalone, modular, embeddable and IoT ready EVM. Who we are: Igor Artamonov (Founder and CTO), and developers. Ethereum Classic Partnerships: Ethereum Classic announced a partnership with Zeniex, a cryptocurrency exchange established by a group of financial and security experts from South Korea and China. The goal of the partnership is to develop the Ethereum Classic community in Asia. How to Mine ETC: Ethereum Classic is a mineable coin. You can mine it from a number of mining pools. First, however, you need a GPU, 4+GB RAM, and Ethereum Classic account and a GPI miner with at least 4GB memory. How to Store ETC: Ethereum Classic can be stored in any wallet that supports ERC-20 tokens such as Coinomi, MetaMask and MyEtherWallet. You can also store ETC on the Emerald Wallet or the Classic Ether Wallet, both of which are available for download on the Ethereum Classic website. For maximum security, however, you should store your Ethereum Classic on hardware wallets such as Ledger Nano S. Exchange: ETC is currently listed on the exchanges: OKEx, Binance, Huobi, Bithumb, Bitfinex, Coinbase Pro, HitBTC, Poloniex, Kraken, Bittrex, Kucoin, Cobinhood,…

Similar reviews