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Ethereum Classic

Ticker
ETC
Category
Smart-contract platform
Risk profile
Volatile

What it is

The continuation of the original Ethereum ledger by participants who rejected the 2016 hard fork that reversed The DAO theft, on the principle that a ledger should not be rewritten.

Why this risk level

  • Both chains share every block before the split, so the difference is not the technology but a decision about whether an exceptional intervention was legitimate
  • Ethereum Classic kept proof of work when Ethereum moved to proof of stake, and a smaller share of mining power makes a chain cheaper to attack — this network has suffered documented deep reorganisations
  • ETC pays gas on its own chain and is a separate asset from ETH; the two have not shared an upgrade path since 2016

A plain-English risk overview for education, not investment advice. Risk profiles describe the asset's own characteristics, not a price forecast — always do your own research before buying.

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