Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, fraud or third-party interference. It is a continuation of the original Ethereum blockchain, with the philosophy of immutability at its core, ensuring that transactions cannot be altered.
Ethereum Classic boasts features like decentralized applications (DApps), a secure and efficient decentralized blockchain, and a commitment to maintaining an immutable ledger. These features make it a reliable and stable platform for developers and businesses looking to leverage blockchain technology.
The creation of Ethereum Classic occurred in 2016 after hard forks were proposed in response to a significant hack. Ethereum Classic retained the original ethos of Ethereum, emphasizing that code is law. This decision fostered a community dedicated to the principles of immutability and decentralization.
The Ethereum Classic community is passionate and actively involved in its development and promotion. The open-source nature of the platform allows anyone to contribute, fostering innovation and collaboration within the blockchain ecosystem.