Ethereum Classic is a decentralized blockchain platform that lets anyone build and use decentralized applications that run on blockchain technology. Like Bitcoin, no one controls or owns Ethereum Classic – it is an open-source project built by people around the world. Ethereum Classic was designed to be adaptable and flexible, with the goal of making it easy to create new applications on the Ethereum Classic platform
Ethereum Classic is a decentralized computing platform that executes smart contracts. Applications are ran exactly as programmed without the possibility of censorship, downtime, or third-party interference. Ethereum Classic is a distributed network consisting of a blockchain ledger, native cryptocurrency (ETC) and robust ecosystem of on-chain applications and services. Ethereum Classic provides a permissionless way to manage digital assets without the need for intermediaries, such as banks and other institutions. Ethereum Classic allows uncensorable smart contracts to be written, deployed and executed; ETC enables truly unstoppable programmable money. Ethereum Classic is the continuation of the unaltered history of the original Ethereum chain. The ETC network exists to preserve the principle of ""Code is Law"".
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Slock.it construct TheDAO Ethereum Contract; a security audit is completed by Dejavu
TheDAO smart contract is deployed; members of the public send it value in return for DAO tokens
Slock.it announce a $1.5 Million USD proposal, paid in Ether by the crowdfund, 'to guarantee the integrity of The DAO'
On the last day of the crowdsale, DAO curator Vlad Zamfir calls for a moratorium on TheDAO, citing many game-theoretical security issues
The crowdsale completes to become the world's largest and raising an incredible $150 Million USD
Peter Vessenes publicly discloses the existence of a critical security vulnerability overlooked in many Solidiy contracts
Stephan Tual publicly claims that TheDAO funds are safe despite the newly-discovered critical security flaw
Ether is slowly and silently drained from TheDAO as the re-entry bug is applied
The price of Ether is slashed in half as Griff Green announces that TheDAO has been hacked
Many days of intense arguing goes on in the Ethereum community about the pros and cons of implementing a Hard Fork
The only remaining option is a controversial Hard Fork. A Specification is determined and announced by Slock.it and Ethereum Foundation members
ETH supporters form a mining pool called 51Pool.org with plans to destroy the ETC network by orchestrating a 51% attack
After the ETC network grew to a point where they could no longer attack it, ETH miners publicly declare not to attack ETC.
Millions of previously locked or frozen ETC become available to DAO token holders and the DAO hacker.
During the ETH attacks, many battle cries come out of Ethereum Classic supporters.
Ethereum Classic supporters debate ETC's emission schedule and monetary policy
IOHK commits a team of 7 full-time developers to Ethereum Classic
A team of long-term ETC contributors and volunteers rebrands as a ETCDEV team
Ethereum Classic forms consensus around a 210.7M ETC fixed-cap monetary policy with a Bitcoin-inspired limited emission schedule called 5M20;
A development team forms under the Ethereum Commonwealth name
The release of this beta client, Mantis, will take place today and is the culmination of seven months of work by the Grothendieck Team
Grayscale signals long-term support for Ethereum Classic protocol
The Multi-Geth client project launches.
ETC Cooperative funds the development of the Kotti testnet
Ethereum Classic core developers reach rough consensus on ECIP-1056 in an effort to implement ETH's Constaninople
The ETC Core team forks away from the Multi-Geth client project.
Phoenix testing begins on the Mordor PoW testnet on block 999,983.
As the ecosystem continues to organically grow, the independent development teams are guided by principles that make Ethereum Classic such a unique network.
$696 711 975 USD
210 700 000 ETC