The live ethereum classic price today is $52.79 USD with a 24-hour exchanging volume of $861,959,195 USD. We update our ETC to USD cost continuously. Ethereum Classic is down 1.11% as of now. The current CoinMarketCap positioning is #28, with a live market cap of $6,883,799,278 USD. It has a coursing supply of 130,391,328 ETC coins and a maximum. supply of 210,700,000 ETC coins.

In the event that you might want to realize where to purchase Ethereum Classic, the top trades for exchanging Ethereum Classic are right now Binance, Mandala Exchange, Huobi Global, OKEx, and Upbit. You can discover others recorded on our crypto trades page.

Ethereum Classic (ETC) is a hard fork of Ethereum (ETH) that dispatched in July 2016. Its primary capacity is as a savvy contract organization, with the capacity to host and support decentralized applications (DApps). Its local token is ETC.

Since its dispatch, ethereum classic price has looked to separate itself from Ethereum, with the two organizations' specialized guide veering further and further from one another with time.

Ethereum Classic previously set off to protect the uprightness of the current Ethereum blockchain after a significant hacking occasion prompted the robbery of 3.6 million ETH.

Ethereum Classic's fundamental point is to save the Ethereum blockchain as it initially was, without misleadingly countering the DAO hack. Its allure was first to the individuals who couldn't help contradicting Ethereum's reaction, yet the heritage network has since acquired a more extensive fan base, which incorporate significant financial backers, for example, Barry Silbert, CEO of trading company Grayscale. As a deliberate association, the engineers of ETC don't expect to transform the organization into a revenue driven substance. Clients pay exchange charges likewise with Ethereum, and excavators gather them dependent on work done according to the confirmation of-work (PoW) mining calculation.

Not at all like Ethereum, Ethereum Classic has no designs to change over to a proof-of-stake (PoS) mining calculation, while different engineers keep on dealing with future upgrades like scaling arrangements. And so on started in a very much like specialized state to ETH, except for how the DAO hack exchanges were taken care of. Since dispatch, be that as it may, changes in tokenomics have happened, with members casting a ballot to cover the inventory of ETC in December 2017. The most extreme stock is in this way 210,700,000 ETC, multiple times that of Bitcoin (BTC), while ETH has no cap.

And so on utilizes a PoW mining calculation, what capacities like Bitcoin — diggers are remunerated with new coins for approving the blockchain in contest with one another. The ETC block reward diminishes with time, with the following drop due at block 15,000,000, generally in April 2022 — from 3.2 ETC to 2.56 ETC per block.