Ethereum Classic is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum Classic also provides a value token called "classic ether", which can be transferred between participants, stored in a cryptocurrency wallet and is used to compensate participant nodes for computations performed. Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request. It differs from Ethereum in that it did not reverse The DAO hack.
According to Ethereum Classic Reddit, ETC has grown substantially from the moment it started. Back in mid-2016, if we see Ethereum Classic Price Chart, it started at somewhere at half a dollar per piece, but now, as of 2018 the current price of ETC stands at 35 to 40 dollars per piece, which is approximately 80 times more than the beginning value! The counterpart Ethereum on the other hand, recently crossed a thousand dollars, but it has greater volatility compared to Ethereum Classic. Ethereum Classic, has stable and uniform growth, and rises carefully against the market odds.
s of ETC (Ethereum Classic) are that it stands true to the original nature of the intended blockchain. It retains the core values with which ETH (Ethereum), as a platform and as a cryptocurrency commenced. Some big players like Greyscale Investments LLC, popular crypto-exchange ALFAcashier and many others.