1/7 ⛓️
Ethereum Classic (ETC) is the original Ethereum blockchain, preserved after the 2016 DAO hack led to a controversial network split #EthereumClassic #ningenie #ninx
2/7 ⚔️
After the hack, Ethereum hard-forked to reverse the damage, but purists stayed with the unforked chain — now known as Ethereum Classic #BlockchainHistory #ningenie #ninx
3/7 📜
ETC follows the core belief of “Code is Law”, meaning smart contract code must remain untouched, no matter the outcome #SmartContracts #ningenie #ninx
4/7 🔨
Unlike Ethereum, Ethereum Classic still runs on Proof of Work (PoW), relying on miners with no plans to move to Proof of Stake #ProofOfWork #ningenie #ninx
5/7 🧠
Developers see ETC as combining Ethereum’s tech with Bitcoin’s philosophy, prioritising decentralisation and minimal intervention #CryptoPhilosophy #ningenie #ninx
6/7 💰
ETC is the native token used for transactions, mining rewards, and smart contracts — it reached an all-time high of €111.68 in 2021 #ETC #ningenie #ninx
7/7 ⚠️
As a smaller PoW chain, Ethereum Classic has faced 51% attacks, highlighting trade-offs between purity, security, and scalability #CryptoRisks #ningenie #ninx
