What are the differences between etc and eth in the world of cryptocurrency?

3 answers

• Dec 17, 2021 · 3 years ago
  Ethereum Classic (ETC) and Ethereum (ETH) are both decentralized blockchain platforms, but they have some key differences. ETC is the original version of Ethereum, while ETH is the result of a hard fork that occurred in 2016. The main difference between the two is their approach to immutability. ETC adheres to the principle of immutability, meaning that all transactions on the blockchain are permanent and cannot be reversed. On the other hand, ETH embraces the concept of mutability, allowing for certain transactions to be reversed or modified through the use of smart contracts. Additionally, ETC has a smaller community and market capitalization compared to ETH, which is the more widely recognized and widely used platform. Overall, the choice between ETC and ETH depends on individual preferences and the specific use case.
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• Dec 17, 2021 · 3 years ago
  When it comes to Ethereum Classic (ETC) and Ethereum (ETH), the main difference lies in their history and approach to immutability. ETC is the original Ethereum blockchain that remained unchanged after a hack in 2016, while ETH is the result of a hard fork that reversed the hack and created a new blockchain. This difference in history has led to a divergence in community and development. ETC supporters value the immutability of the blockchain and believe that code is law, while ETH supporters prioritize flexibility and the ability to reverse transactions through smart contracts. In terms of market capitalization and adoption, ETH is currently more popular and widely used. However, both ETC and ETH have their own unique features and use cases, so it's important to research and understand them before making any investment or development decisions.
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• Dec 17, 2021 · 3 years ago
  Ethereum Classic (ETC) and Ethereum (ETH) are two variations of the Ethereum blockchain, each with its own characteristics. ETC is the original Ethereum blockchain that remained unchanged after a controversial hard fork in 2016. It adheres to the principle of immutability, meaning that once a transaction is confirmed, it cannot be reversed or modified. On the other hand, ETH is the result of the hard fork that reversed the hack and created a new blockchain. ETH embraces the concept of mutability, allowing for certain transactions to be reversed or modified through the use of smart contracts. In terms of market capitalization and adoption, ETH has a larger community and is more widely recognized. However, ETC has its own dedicated community and supporters who believe in the importance of immutability and decentralization. Both ETC and ETH have their own strengths and weaknesses, so it's important to consider your specific needs and goals when choosing between them.
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