What is Ethereum Classic (ETC)?

The Ethereum Classic (ETC) split happened from Ethereum due to the DAO hack back in 2016. It champions "Code is Law," ensuring unchangeable decentralized blockchain. ETC, drives fast transactions, smart contracts, and dApps using Proof-of-Work (PoW). In 2025 ETC dApps support freedom from control and open development like Hebe Wallet.

How does Ethereum Classic differ from Ethereum?

Ethereum Classic emphasizes strict smart transparent contracts and relies on Proof-of-Work (PoW) just like Bitcoin. In contrast, ETH created a new chain to undo the hack and later adopted Proof-of-Stake (PoS) in 2022. In 2025, ETC’s smaller network (2,500 dApps compared to ETH’s 4,000+) and lower market cap ($2.27B–$2.56B vs. ETH’s $451B) highlight its unique, focused role.

What is the purpose of the ETC coin?

The ETC coin runs the Ethereum Classic network, paying for fees and smart contracts. Miners use computers to check transactions and get ETC rewards. Users can stake ETC to vote on network decisions. In 2025, ETC’s block reward reduction to 2.048 (from 2.56) lowers inflation to 3.8%, aiming to increase scarcity. Its $513.45M daily trading volume shows liquidity for DeFi and dApp use.

How secure is the Ethereum Classic network?

Ethereum Classic’s PoW system relies on miners to secure the network, with no major hacks reported since 2020’s 51% attacks, which prompted stronger defenses. Its 2025 Cyberscope audit scores it 85%, ranking it in the top 15% of crypto projects for security, bolstered by 5,000+ active nodes. Users must protect private codes to avoid wallet theft, as ETC’s open network doesn’t control personal security. Regular updates and community vigilance maintain its resilience.

What are some real-world uses of ETC?

ETC powers dApps in finance, gaming, and social platforms, such as Hebe Wallet for DeFi and NFT marketplaces. It supports projects like Bitcoin Ekasi in South Africa, enabling local crypto economies. In 2025, ETC’s integration with exchanges like Binance and Coinbase ensures trading liquidity, while its immutable ledger appeals to developers building transparent apps. However, its 2,500 dApps lag behind Ethereum’s broader adoption.

How to buy and store ETC?

ETC is available on platforms like Binance, Coinbase, or Bitget. Follow the simple steps of signing up, and verifying the account with identity proof. After verification is completed, all set to start trading in ETC/USDT, ETC/USD pairs. Decentralized platforms like Uniswap allow ETC swaps with stablecoins. Hardware wallets like Ledger or software wallets like Hebe Wallet store ETC securely, with private codes kept offline to prevent hacks. In 2025, users should verify local crypto laws, as some regions restrict trading.

Is ETC a good investment in 2025?

ETC’s price, at $15.01–$16.92 in April 2025, is 90.9% below its $165.75 peak, with a $2.27B–$2.56B market cap (rank #36–50). A 33% Wrapped ETC gain and partnerships like Binance Megadrop suggest growth, but low DeFi TVL ($10M) and bearish RSI (neutral zone) signal risks. Investors with high risk tolerance may consider ETC, but they should diversify and monitor market trends, as forecasts range from $18.26–$55 by year-end.

What role does Proof-of-Work play in ETC?

Proof-of-Work (PoW) keeps ETC secure by having miners solve tough puzzles to confirm transactions. Unlike Ethereum’s Proof-of-Stake, PoW matches Bitcoin’s decentralized approach, avoiding central control. In 2025, ETC’s 3.8% inflation rate (post-reward cut) and 5,000+ mining nodes support stability, though PoW’s energy use draws criticism. Miners earn ETC, incentivizing network upkeep.

How does ETC support decentralized applications?

ETC enables developers to build dApps using smart contracts, which run automatically without intermediaries, ideal for DeFi and NFTs. Its Cadence language (shared with Flow) simplifies coding, and low fees ($0.01–$0.05) attract developers. In 2025, ETC hosts 2,500+ dApps, including social platforms and gaming, but trails Ethereum’s 4,000+ dApps due to less developer activity. Its immutable blockchain ensures apps remain censorship-free.

What are the risks of using ETC?

ETC faces risks like price volatility, with a 55.33% drop over the past year, and regulatory uncertainty in regions tightening crypto laws. Its smaller ecosystem (0.14% market dominance) and competition from scalable chains like Solana could limit growth. Security depends on users safeguarding private codes, as wallet hacks are possible. Mixed X sentiment in 2025, with some calling ETC outdated, suggests caution despite its fundamentals.

Ethereum Classic (ETC) News: Latest Updates, Headlines & Analysis

Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

SponsoredLatest News

XRP Cloud Mining Gains Traction: Community Reports Highlight Profits via SIX MINING

As Ripple (XRP) gains momentum in the cryptocurrency market, community interest in alternative methods of crypto participation has grown—particularly through cloud mining platforms. One such platform, SIX MINING, has emerged as a topic of conversation among users claiming notable daily returns through its contract-based mining system. Growing Interest in Cloud-Based Mining Models XRP, though not … Read more