Ethereum Classic (ETC)

Information about the token Ethereum Classic (Ticker Code: ETC)

Asset Information

Asset Name: Ethereum Classic
Trade Ticker: ETC
Logo Icon:
Asset Type: Coin
Total Supply: 230,000,000 ETC
Circulation: 108,333,468 ETC  
Market Cap: $791,442,216 USD
Premine: No
Proof Type: POW
Algorithm: Ethash
Categories: Smart Contract Platform
Social Contacts: Twitter   Telegram   Reddit   Discord  
7 Day Sparkline:
Average Price:

altilly ETC (Ethereum Classic) Balance SheetWhat is this?  

Last Updated: 2020-05-31 04:41:14 UTC
Customer Funds on Deposit 3009.99185967 ETC
Customer Funds Pending Deposit 0.00000000 ETC
Customer Funds Pending Withdrawals 0.00000000 ETC
Total Liabilities 3009.99185967 ETC
In Deposit Wallets 1.30604906 ETC
In Transit Dep-->WD Wallet 0.00000000 ETC
In Withdrawal Wallets 3007.56909086 ETC
In Safe Storage (0.00%) 0.00000000 ETC
Total Assets 3008.87513992 ETC
Balance -1.11671975 ETC (99.963%)

Liabilities Est. USD Value $21,989.83
Assets Est. USD Value $21,981.67
Balance Est. USD Value $-8.16 (99.963%)

Ethereum Classic (ETC) is trading in 7 markets at altilly.

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.

Transaction Finality

Ethereum Classic believes the core value proposition of any blockchain is immutability; valid transactions can never be erased or forgotten. Individuals interacting on Ethereum Classic are governed by this reality;

Code is Law. This does not necessarily mean that code replaces existing laws, or that only code is law (there are many geographical jurisdictions), but it gives users the opportunity to enter into a new blockchain-based jurisdiction where agreements are governed by code.

By entering into contracts on Ethereum Classic, you can be certain that the network remains neutral. The outcome of transactions will be dictated by code you voluntarily interact with. Unless explicitly defined by the contract code, there are no reversals, no undos, no opt-outs.

Transactions are final; applications are unstoppable.

Decentralized Governance

There are many problems that fester due to centralization and opaqueness; corruption, unaccountability, nepotism, inefficiency and stagnation. Ultimately, centralization leads to fragility; only decentralized systems can stand the test of time.

These problems can be only solved by adhering to governance systems that do not rely on a central point of failure. Just like distributed networks and the consensus protocol itself, we believe that only truly decentralized projects can survive in the long run.

Ethereum Classic manifests these values by relinquishing control by a formalized central foundation. The only hierarchy is that of transparent meritocracy and mutual reputation. No backroom deals or behind-closed-doors unilateral decision making; just free and open discourse.