Ethereum Classic kaufen

Ethereum Classic shares a name with the better-known Ethereum for a reason. Both have the same root, and until 2016, a common blockchain. Ethereum Classic rose from the outcome of a hack. Two years after the launch of Ethereum, the community founded the DAO (Decentralized Autonomous Organization). Its purpose was to ensure that only quality dApps were built for the ecosystem via selection by specific curators and extensive voting rights. The ICO generated $150 million in value, or 14 percent of all Ether in circulation. Shortly thereafter, a security vulnerability emerged that was well-known in the community. If a participant wanted to exit the DAO they received their Ether back. Hackers exploited this intermediate status and captured a third of the DAO funds. However, the returned Ethers were not allowed to be spent for 28 days. Thus, by acting quickly, a restoration to the owners was possible. The team then implemented the hard fork quite quickly. A small part of the community opposed it, arguing that the blockchain should remain unchangeable and that this would risk constant hard forks. These voices eventually formed Ethereum Classic by not performing an update. Consequently, Ethereum Classic is also an ecosystem in which coins are called Ether and which has its focus on smart contracts, including its own programming language Solidity.

Alleinstellungsmerkmale von Ethereum Classic

• A principled community that adheres to the original values

Ethereum Classic: Technische Besonderheiten

• Strong similarity to Ethereum before 2016