Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
FollowingOrigin of Ethereum and Ethereum Classics
Ethereum and Ethereum Classics have a common origin. Both belonged to the original Ethereum platform, an open source, decentralized network based on blockchain for building smart contracts and decentralized applications (dapps). The split between the two occurred after a major event in 2016-The DAO hack.
![](\"/d/file/20260630/37b42cd7a7cb4024adf7267664863f1c.jpg\")
The DAO is a decentralized autonomous organization, a famous crowdfunding activity in the history of cryptocurrencies that raised a large amount of ether. However, there was a flaw in The DAO\'s code that led to a hacker attack and about 3.6 million ether was stolen, worth about $50 million at the time.
This incident led to a hard fork in the Ethereum blockchain. The new chain, which rolled back the original chain before The DAO attack, was named Ethereum. The original non-forked Ethereum network has been renamed Ethereum Classic.
Ethereum Classic: Adhere to the original principles
Ethereum Classic (ETC) is a continuation of the original Ethereum platform built in 2015. It adheres to the concept of \"code is law\", which means that the rules and regulations of a decentralized network are enforced entirely through its underlying code. This principle is considered an essential part of a decentralized system.
Ethereum Classic has its own native token ETC and has a monetary policy with a supply cap of approximately 210.7 million ETC. It also retains the original proof-of-work consensus mechanism.
Ethereum: The New Direction
On the other hand, Ethereum (ETH) has changed since the hard fork. It has its own native token, ETH, and unlike the Ethereum Classic, it has no fixed supply. Ethereum has also migrated from a proof-of-work consensus mechanism to a new system called proof-of-stake.
Ethereum is a large blockchain on the market that supports a wide range of applications, including financial services, games and NFT.
Choice between Ethereum and Ethereum Classics
While Ethereum may be suitable for some people, both Ethereum and Ethereum Classics have their unique characteristics and positioning to meet specific needs and use cases in the market. Ethereum Classics retain the basic principles of the Ethereum platform, while Ethereum has changed to adapt to market needs.
