Ethereum Classic is a decentralized smart contract blockchain that originated from a fork of Ethereum after the DAO hack in 2016. By rejecting the fork, ETC continues the original code is law vision of an unalterable transaction history.

This in-depth guide will explore Ethereum Classics origins, technology, ecosystem growth, tokenomics, challenges, roadmap and conclude with key takeaways on its vision. Lets dive in!

Ethereum Classic emerged in 2016 after the Ethereum communitys controversial response to the DAO hack which exploited flaws in the DAO smart contract code to syphon Ether. Here is an overview timeline of events:

Ethereum Classics origins lie in an ideological commitment to true immutability by a minority who rejected centralized tampering of Ethereums transaction history. Next lets examine ETCs philosophy.

Certain key philosophical principles define Ethereum Classics purpose in reaction to the DAO fork decision:

Transaction Immutability

Excerpt from:

A Journey to the Top-50 Cryptocurrencies on Coinmarketcap and Coingecko Ethereum Classic: The - Medium