Latest Ethereum Classic updates on March 28th
Ethereum Classic (ETC) is a cryptocurrency project that is focused on providing a secure, trustless, and decentralized financial system. In March 2023, the project has made important updates, dates and announcements, such as the creation of the “Core Geth” which is the Ethereum Classic Network Node Software, the creation of an online AMA on March 20 and the change of the Telegram group for the ETC Grants DAO. The project also publishes articles and videos about its core principles, such as the introduction to Ethereum Classic Course, the Permissionless Paradox and the Three Pillars of Ethereum Classic. Furthermore, the project has published several Twitter posts about its Proof of Work, the blockchain protocol, the Network, the Blockchain and the Cryptocurrency, as well as the EVM Standard. Therefore, Ethereum Classic is constantly providing its users with important updates, dates and announcements.
What is Ethereum Classic ?
Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain – the classic version preserving untampered history; free from external interference and subjective tampering of transactions.
Ethereum Classic is a public, open-source, blockchain-based distributed computing platform featuring smart contract functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum Classic also provides a value token called “Classic Ether”, which can be transferred between participants, stored in a cryptocurrency wallet and is used to compensate participant nodes for computations performed.
Ethereum Classic has a strong focus on immutability and censorship resistance, making it a great platform for decentralized applications and smart contracts. Ethereum Classic also provides a secure platform for developers to build and deploy decentralized applications, as well as a platform for users to access these applications.
Ethereum Classic is unique among other blockchain-based projects, as it uses a proof-of-work consensus mechanism, allowing it to remain decentralized and secure. This ensures that all transactions on the network are validated, and that the network remains secure and censorship-resistant. Ethereum Classic also has a strong focus on decentralization, as it does not rely on any one organization or entity for operation and governance.
Overall, Ethereum Classic is a great platform for developers and users alike, as it provides a secure and reliable platform for executing smart contracts and decentralized applications. It is also a great platform for users to access these applications, as it is highly secure and censorship-resistant. Ethereum Classic is a great choice for those who are looking for a secure and reliable blockchain-based platform.
This article was published on 2023-01-28 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.
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What is the price & marketcap of Ethereum Classic?
Ethereum Classic is a cryptocurrency with a price of $ 15.19 and marketcap of $ 2,173,082,045. Ethereum Classic’s market price has decreased -0.09% in the last 24 hours. It ranks 29 amongst all cryptocurrencies with daily volume of $ 41,756,064.
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