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Ethereum Classic / ETC cryptocurrency

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Ethereum Classic / ETC cryptocurrency


Ethereum Classic (ETC) - the original version of Ethereum. Ethereum was created in 2015. Creator is Vitaly Buterin. This is a platform for developing virtual services based on the BlockChain technology, which operates using the "smart contract" algorithm. The main principle of this cryptocurrency is decentralization which implies the autonomous operation of the system. Ethereum Classic currency has the name "Ether". Unit of Ethereum Classic can be transferred from one network member to another as well as being paid for calculations made by public nodes of the network. Also Ethereum Classic allows you to create digital assets (tokens). For the calculations made is given the coin "Gas". This unit can be used to pay for the calculations and prevents DDOS-attacks on the network.

[h2]Ethereum Classic features[ h2]
1. The system works without external intervention as originally programmed.
2. The created programs and its final result are determined by the code and there are no exceptions. Transactions are final.
3. Free and open discussion in decision making.
4. Decentralization.

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