Experience a seamless and secure way to purchase Ethereum Classic (ETC) tokens with Clapp. Ethereum Classic is a decentralized, open-source blockchain platform that enables the execution of smart contracts and decentralized applications (dApps), preserving the original principles of immutability and "code is law."
Ethereum Classic originated from a split in the Ethereum blockchain following the 2016 DAO hack, where a vulnerability in a third-party project led to a significant loss of funds.
The Ethereum community was divided on how to address the incident, resulting in a hard fork that created two separate blockchains: Ethereum (ETH) and Ethereum Classic (ETC).
Ethereum Classic chose to maintain the original, unaltered history of the blockchain, upholding the principle that "code is law."
ETC operates on a Proof-of-Work consensus mechanism, similar to Bitcoin, ensuring decentralized security and transaction validation. Over the years, Ethereum Classic has undergone several network upgrades to improve functionality and compatibility, including the implementation of the Ethereum Virtual Machine (EVM), enabling developers to deploy smart contracts and dApps.
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