Reference page for Ethererum Classic (ETC) price, with detailed charts, analytics and social metrics.
Ethererum Classic in a nutshell:
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.
It was launched at Ethereum block 1920001, after the events concerning the famous "TheDAO hack". TheDAO Ethereum Contract, constructed by Slock.it, was the world's largest crowd-sale which raised $150 Million USD. Due to a Recursive Call Bug, ether was silently drained from TheDAO, which lead the community to apply a controversial Ethereum Hard Fork on July 20, 2016 to recover the stolen funds. Once the hard fork code was succesfully implemented, many miners continued mining blocks on the original chain while OTC trading of the original chain tokens game them value. Ethereum Classic was born.
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.