Ethereum Classic (ETC) is a popular cryptocurrency project. It allows programmers to design and deploy smart contracts, which are self-contained, automatically executed code blocks that perform certain tasks in response to preset circumstances. Despite the fact that both Ethereum and Ethereum Classic offer smart contracts and aim for the same market, Ethereum is widely regarded as the more genuine of the two networks. Furthermore, Ethereum's ETH is the world's second most popular cryptocurrency, after only Bitcoin.
The scalability of Ethereum Classic may be limited. The network can typically process 15 transactions per second, which is significantly less than payment networks like Visa, which can process thousands of transactions per second. Despite several software upgrades, the scalability of Ethereum Classic's payment mechanism remains one of the project's major difficulties in the future.