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Ethereum Classic is a decentralized, proof-of-work computing platform that preserves the original Ethereum blockchain as an immutable, censorship-resistant smart contract network.
Ethereum Classic (ETC) maintains the integrity of the 2015 Ethereum genesis block by adhering to the 'Code is Law' principle. It utilizes a hard-capped monetary policy of 210.7 million coins and employs the ETCHash mining algorithm to secure its $3 billion market cap. Developers use Solidity to deploy decentralized applications on a network that rejected the 2016 DAO hard fork, ensuring a permanent, tamper-proof record of all transactions (and state changes) without centralized intervention.
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