Ethereum Classic (ETC)
| Prev | Open | Volume | 1 Day Range |
|---|---|---|---|
| $3.77 | $3.86 | $138,402,651 | $3.85 - $4.27 |
Ethereum Classic ETC Price Chart
Ethereum Classic price for today is $4.03. It has a current circulating supply of 106,639,487 ETC and a total volume exchanged of $138,402,651.
Categories: Smart contracts Dapps Token issuance Internet decentralization
Tech Info
| Algorithm | Ethash |
| Proof type | PoW |
| Is mineable | + |
| Total supply | 101,119,929 ETC |
| Launch date | Jul 2016 |
Market Info
| Price | $4.03 |
| Volume 24h | $138,402,651 |
| Change 24h | 6.86% |
| Change 7d | -21.57% |
| Change month | -57.56% |
Description
Ethereum Classic (ETC) is a cryptocurrency and a blockchain platform for smart contracts and decentralized applications. It is a fork of cryptocurrency Ethereum (ETH) that offers very similar functionality.
In June 2016 Ethereum’s Digital Autonomous Organization (which is, roughly speaking, a decentralized hedge fund for investing into dApps) was hacked, and more than $50 million worth of crypto assets got stolen. As a result, the price of ETH started going down as well as the trust of users in the cryptocurrency. Therefore, the majority of the Ethereum community voted in favor of a hard fork to return all the stolen funds to the investors. Though some members of the community considered such fork unacceptable according to the philosophy “Code is a law.” They stood on a principle that all the changes on a blockchain should be immutable in a decentralized economy. They continued on the pre-hard fork blockchain and called it Ethereum Classic.
At first, two of the protocols were identical to each other. However, in the following two years some changes took place in both of them. Notably, Ethereum moved from Proof Of Work to Proof of Stake algorithm and Ethereum Classic implemented a new monetary policy with a fixed cap on an amount of ETC coins.
As of July 2018, Ethereum Classic ecosystem is much smaller than Ethereum’s. Nevertheless, the crypto token is widely popular among cryptocurrency traders and enthusiasts.
| Cryptocurrency | Symbol | Ethereum Classic Price | Market cap | Volume 24h |
|---|---|---|---|---|
Ethereum Classic
|
ETC | $4.03 | $429,980,234 | $138,402,651 |
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Convert ETC to USD
Check the conversion below and see how the rate has moved over the last 30 days
Your currency converted at the REAL rate
The mid-market rate at 19:48 UTC is1 ETC → 4.03 USD
(1 USD → 0.2480 ETC)
Crocosource currency pair converter allows you to see both rate and historical price chart between Ethereum Classic and US Dollar. You can revert it to see . The historical price is mid-market value parsed from most popular cryptocurrency exchanges
| Ethereum Classic | US Dollar |
|---|---|
| 1 ETC | 4.03 USD |
| 5 ETC | 20.16 USD |
| 10 ETC | 40.32 USD |
| 20 ETC | 80.64 USD |
| 50 ETC | 201.60 USD |
| 100 ETC | 403.21 USD |
| 250 ETC | 1008.02 USD |
| 500 ETC | 2016.05 USD |
| 1000 ETC | 4032.09 USD |
| 2000 ETC | 8064.18 USD |
| 5000 ETC | 20160.46 USD |
| 10000 ETC | 40320.92 USD |
| US Dollar | Ethereum Classic |
|---|---|
| 1 USD | 0.2480 ETC |
| 5 USD | 1.24 ETC |
| 10 USD | 2.48 ETC |
| 20 USD | 4.96 ETC |
| 50 USD | 12.40 ETC |
| 100 USD | 24.80 ETC |
| 250 USD | 62.00 ETC |
| 500 USD | 124.01 ETC |
| 1000 USD | 248.01 ETC |
| 2000 USD | 496.02 ETC |
| 5000 USD | 1240.05 ETC |
| 10000 USD | 2480.10 ETC |
Ethereum Classic (ETC)
Ethereum Classic Social Activity