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Ethereum (ETH) vs Ethereum Classic (ETC) in Blockchain

Ethereum is an open-source, decentralized blockchain platform with smart contract functionality. Ether (ETH) is a native cryptocurrency of the Ethereum blockchain platform. Ether is used to pay transaction fees and computational services. Developers can write smart contracts that receive, hold, and send Ether.

What is ETC?

Smart contracts are executed on the Ethereum Classic platform, which is a blockchain-based, open-source, decentralized, distributed cryptocurrency. With Ethereum Classic being the oldest of the two and Ethereum being the newest, it divided the original Ethereum blockchain into two pieces. ETC is a cryptocurrency that was launched in 2016 as a hard fork from Ethereum (ETH).


Below are the differences between ETH and ETC:

Parameters ETH ETC
Created On 2014 2016
Founder Vitalik Buterin and Gavin Wood Vitalik Buterin and Gavin Wood
Blockchain Technology Ethereum Ethereum Classic
Total Supply It has an uncapped total supply with a fixed supply per year. The policy is changed, reducing the block reward by 20% at the 5 millionth block number and 20% every 5 millionths.
Hard Fork Before the hard fork, Ethereum existed, but it has become more powerful after the hard fork. ETC was born after the hard fork.
Mining Algorithm Proof of Stake Proof of Work
Max Supply NA 210,700,000
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