Ethereum Classic Review
Ethereum Classic (ETC) is a distributed computing system that is open source, blockchain-based and public, it also has the smart contract feature. The Ethereum Classic name came about from a Hard fork after the DAO hack in 2016. The original Ethereum currency became Ethereum Classic while the new currency took the name Ethereum.
There is a token attached to Ethereum Classic referred to as “ether classic”, and this token can be stored in a cryptocurrency wallet, transferred to other participants, and can also be used as compensation to participant nodes for successful computations. The Ethereum Classic community intend to implement a hard cap of 230 million tokens for the cryptocurrency, with 18 million coins released every year till this limit is reached.
It may be a little difficult to purchase Ether Classic tokens using fiat currencies, however, a user can exchange for other coins like LTC, BTC, or ETH, and the procedure for exchange is simple and straightforward.