Find out everything about the Ethereum Classic cryptocurrency. What it is, when it was created and how it is extracted. Learn the differences between Ethereum Classic and Ethereum. What is Ethereum Classic?Ethereum Classic is obviously similar to Ethereum. It was established in 2016 and its creator is Vitalik Buterin. It is an open source platform based on blockchain networks available to all. It has its own ETC cryptocurrency. It is based on the Proof of Work consensus algorithm. Ethereum Classic is a platform for creating smart contracts and decentralized applications. It comes from a controversial split that took place in 2016. Back then, hackers managed to breach Ethereum’s security and steal around $ 60 million in ether. Eventually, the network code was changed, the money was given to investors, but some nodes opposed the fork and did not update the software. These nodes continued to operate and mine the ethereum blockchain. This is how ETC was born.How to mine Ethereum Classic?E
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