Ethereum Classic (ETC) - an open source platform based on a public blockchain network with its own decentralized cryptocurrency ETC. The Ethereum Classic platform, similarly to Ethereum (ETH), allows to create decentralized applications (dApps), smart contracts and tokens. Ethereum Classic existed until 25 October 2016 under the name of Ethereum, and after a hard-fork network split caused by security problems with The DAO smart contract, it took on its current name, and the disconnecting chain took on the name Ethereum (ETH).
For some, it is "Bitcoin 2.0", for others, its much more powerful alternative. Today, Ethereum is the second most popular cryptocurrency in the world, which has long been in the shadow of its older brother. So let's find out what Ethereum is and what possibilities it offers?
After an increase of over 6% in the last 24 hours, Ethereum has exceeded USD 250 - for the first time since February. Currently, the ETH exchange rate is USD 251.6. According to analysts, the planned launch of Ethereum 2.0 may further increase the price of ETH in the near future.
Current Ethereum price is about 130 USD. Over the last 24 hours, ETH price has gained 0,65%. Despite not the best situation on cryptocurrency charts, Ethereum project keeps evolving.