Ethereum Classic
ETCWhat is The CoinDesk 20?
The CoinDesk 20 filters from the larger universe of thousands of cryptocurrencies and digital assets to define a core group of 20.
These assets constitute roughly 99% of the market by volume at eight of the largest and most trustworthy exchanges.
Price
$6.12
24 Hour % Change
-2.52%
Market Cap
$758.10M
Volume (24h)
$862.29M
USD
Linear
Log
to
Key metrics
24 Hour Low
$5.89
24 Hour High
$6.33
Net change
$-0.158234
24 Hour Open
$6.28
All time high
$44.34
Total Supply
123.97M
Returns (24H)
-2.52%
Returns (YTD)
35.88%
Volatility (30d)
0.96
Transaction Count (24h)
23,248
Average Transaction Fee (24h)
$0.000640
Value Transacted (24h)
$1.09M
About Ethereum Classic
Category
Software Platform
Value proposition
Global computer
Ethereum Classic, like ethereum, supports smart contracts and decentralized applications (dapps). It originated from a contentious hard fork of the ethereum blockchain that took place in 2016. Following the creation that year of a decentralized autonomous organization, dubbed The DAO, atop the Ethereum blockchain, hackers managed to exploit vulnerabilities and stole about $60 million of ether. After much debate, the Ethereum network’s code was altered to return the lost funds to investors. But some ethereum nodes objected to the fork on the grounds that it would mean that the blockchain would not be immutable, among other reasons, and decided that they would not run the updated software. These nodes continued to run and mine the pre-fork version of the ethereum blockchain, and it’s now known as ethereum classic.
Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.
Foundations - Consensus: Distributed
May 13, 2020
May 13, 2020
Bitcoin’s price is making gains not seen since back in 2017 while traders increasingly bet on ether’s December performance.
Ethereum Classic wants to play in the decentralized finance (DeFi) space of the blockchain from which it contentiously split in 2016.
Bitcoin is at price levels not seen since 2017, and it is outperforming ether in November.
Market Wrap: Bitcoin Ascends to $16.8K; Uniswap and Tether 35% of Ethereum Transactions
Nov 16, 2020
Bitcoin is at bullish 2020 highs while Ethereum transactions prove out DeFi’s fundamental use case.
Bitcoin's price is trending up after a dip while traders are moving ether off from centralized exchanges.
Ethereum Classic’s MESS Solution Won’t Provide ‘Robust’ Security Against 51% Attacks: Report
Oct 21, 2020
A solution being implemented to safeguard against so-called 51% attacks on the Ethereum Classic (ETC) network may not be as secure as suggested, according to a new analysis.
