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What is Ethereum classic ?
Ethereum Classic is an open-source, public, blockchain-based distributed computingplatform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), that can execute scripts using an international network of public nodes. Ethereum Classic also provides a value token called “classic ether”, which can be transferred between participants, stored in a cryptocurrency wallet and is used to compensate participant nodes for computations performed.
History of Ethereum classic ?
In July 2015: The Ethereum platform released. In 2016 it is founded by a part of the Ethereum-community.In June 2016 an anonymous entity stole 50 million USD in Ether - Solution: 'hard fork' to appropriate the stolen funds. In October 2016 the Execution of the technical 'hard for' with code implementations done.In June 2017 ETC twittered that their classic ether-website had been hacked - the internet-security got improved.
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