Ethereum Classic

Like Ethereum, Ethereum Classic also allows the signing of agreements on transactions-Smart contracts. These contracts are said to host the Decentralized Apps made on the platform (DApps). A Proof-of-Work (PoW) consensus allows the ETC coins to be mined. Every transaction happening over the network requests a stipulated transaction fee to be paid.The network works on the original Ethereum blockchain that persisted before the DAO hack. However, it underwent some updates to restore security. Unlike Ethereum, which is planning to switch to PoS soon, Ethereum Classic has no such plans and would continue with PoW, coupled with scalability improvements in the near future.With a potential surge in the market, ETC could reach a maximum of $27 by 2023 and cross the $150 mark by 2030.Read the whole article about <a href="https://coinpedia.org/price-prediction/etc-ethereum-classic-price-prediction/" rel="noopener noreferrer nofollow">Ethereum Classic price prediction</a>.

Will ETC Price Go Up In 2023?

CoinPedia News

Alte articole publicate pe 15 dec. 2022

Crypto Lender Amber Terminates Chelsea FC Sponsorship

Orbs Announces the TON Verifier to Let Users Verify TON’s Smart Contracts Code

BitMEX Founder Arthur Hayes Lists His Top 4 Bear Market Cryptos

10 types of NFTs. What is inside?

Australian Regulators Files Lawsuit Against Comparison Site Over Unlicensed Crypto Product

DigiCorp Labs Partners with Shell to Kick-off Master Data Management Proof of Concept Based on We...

Join our free newsletter for daily crypto updates!