Re: What is Ethereum Classic?

Quote from: Violin8 on May 10, 2019, 04:46:27 PM

Ethereum Classic (ETC) is a fork of Ethereum. Or perhaps Ethereum is a fork of Ethereum Classic It depends on who you ask and can be a little confusing.

Either ways, let's dive in and see what really is Ethereum Classic.

Here is the reference -> https://finance.yahoo.com/news/ethereum-classic-090039270.html

Here is a look on technical indicators, will help in our discussion -> https://beincrypto.com/ethereum-ethereum-classic-long-trade-setups/

DAO, a smart contract in Ethereum was hacked or say misused to steal 3.6 million ethers.
Ethereum community voted for a hard fork to go back to the instance before the incident while some of the people went against a hard fork.
The token which hardforked to deny hacker of their money is called Ethereum.
The unforked chain that let hacker take 3.6 million of tokens were called Ethereum classic.