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Check the Latest Price of Ethereum Classic in India Today on BuyUcoin

Ethereum Classic Price ETC-INR

₹ 2,397.19

Current Price

Ethereum Classic Price Chart in INR

  • Day
  • Week
  • Month

Last Price ▲ 3.99 %

₹ 2,397.19

24h High

₹ 2,436.7 

24h Low

₹ 2,292.75

24h Vol

₹ 44658890764

1 ETC to INR

Instant Buy

Current Price of 1 ETC = 600,000 INR
For 100 INR you will get = 0.00045 ETC

Ethereum Classic Price History in INR

  • Day
  • Week
  • Month
Time Price in INR Change in %
26-09-2022 ₹ 2,456 +1.11%
25-09-2022 ₹ 2,429 -1.02%
24-09-2022 ₹ 2,454 +0.08%
23-09-2022 ₹ 2,452 +0.12%
22-09-2022 ₹ 2,449 +4.17%
21-09-2022 ₹ 2,351 -4.82%
20-09-2022 ₹ 2,470 0
Time Price in INR Change in %
26-09-2022 ₹ 2,442 -1.09%
24-09-2022 ₹ 2,469 -20.61%
17-09-2022 ₹ 3,110 -1.89%
10-09-2022 ₹ 3,170 +14.73%
03-09-2022 ₹ 2,763 -5.70%
27-08-2022 ₹ 2,930 -10.26%
20-08-2022 ₹ 3,265 0
Time Price in INR Change in %
09-2022 ₹ 2,865 -8.14%
08-2022 ₹ 3,119 +68.50%
07-2022 ₹ 1,851 +24.06%
06-2022 ₹ 1,492 -21.72%
05-2022 ₹ 1,906 -35.80%
04-2022 ₹ 2,969 +7.07%
03-2022 ₹ 2,773 0

About Ethereum Classic (ETC) Coin

Market Cap Rank

#22

A hard Fork of Ethereum which was introduced in 2016 is called Ethereum Classic (ETC). With the capacity to host and enable decentralized apps, its primary function is as a smart contract network (DApps). ETC is its native token.The transaction-based state transitions on a public Ethereum Virtual Machine support a modified form of the Nakamoto consensus.


What is Ethereum Classic (ETC) Coin?

Smart contracts are used in Ethereum Classic, an open-source, decentralized distributed cryptocurrency. When the Ethereum community couldn't agree on whether to compensate the network's compromised users following a hack in 2016, Ethereum Classic was created. The initial blockchain was divided in two, with Ethereum Classic remaining as the immutable original chain and Ethereum continuing as a hard fork under the leadership of Vitalik Buterin.


Who Created Ethereum Classic (ETC)?

The Ethereum Foundation, a Swiss non-profit established by Vitalik Buterin and the core Ethereum team, first made the Ethereum Classic mainnet available via Frontier on July 30, 2015. The creation of blockchain-based executable smart contracts was the team's primary goal.


What is the History of Ethereum Classic (ETC)?

1. To support the ongoing creation of decentralised applications on Ethereum, developers built the DAO (decentralised autonomous organisation) on the platform.

2. The DAO executed contracts using Proof-of-Work and had its own tokens that could be exchanged for ETH tokens.

3. The community determined that the network will implement a hard fork as a remedy to the security issues after hackers exploited a hole in the DAO smart contract and stole $50 million worth of ETH.

4. Ethereum, the new blockchain produced as a result of the fork, would use Proof-of-Stake to carry out contracts. Ethereum Classic would be the name of the previous blockchain.


How does Ethereum Classic Crypto Works?

Like Bitcoin, Ethereum Classic validates transactions using a Proof of Work (PoW) consensus process. Miners process transactions and create blocks using their time and processing power and also take care of network security. Transactions must take place in the correct order when using the network. To create blocks, miners must solve computationally challenging problems, which protects the network from malicious actors.

Ethereum Classic has committed to keeping its blockchain secure using Proof of Work mining and will not include updates from the forked Ethereum network. Also, implementing a fixed monetary policy is ETC.


Earn Free Ethereum Classic

Ethereum Classic (ETC) Price Prediction

Ethereum Classic Price Today in India is ₹ 2,397.19 with a 24-hour trading volume of ₹44,65,88,90,764. In the last 24 hours, ETC-INR price has increased by 3.99%. Ethereum Classic CoinMarketCap rank is 22. The circulation supply of Ethereum Classic is 13,70,84,829.618734ETC coins, with maximum circulating supply being unlimited.

Ethereum Classic (ETC) Coin Price Prediction 2022

The minimum price of Ethereum Classic in 2022 will be $41.23, according to a technical analysis of expected price changes. The ETC price might go as high as $46.34 in one day. The anticipated average trading price is $42.75.

A long-term increase and maximum price are predicted based on Wallet Investor and our Ethereum Classic projection and pricing analysis. The forecasted Ethereum Classic (ETC) price in 2027 is $230.652. (minimum price). With good investment guidance over five years, the predicted revenue is +691.56%.


Ethereum Classic (ETC) Price History 2021

In the first week of January ETC was traded at between $5.7 - $7.2, which further increased to $15.7 in the middle of February. After that ETC touched its ATH on 5 May, i.e., $126.49, and at the end of the year, the price was still traded above $40.


Is Ethereum Classic (ETC) A Good Investment in 2022?

We project that the horizons are clear based on historical data and the bullish average price trend of the past. Ethereum Classic price forecast will profit from the same with systems and partnerships, especially because Ethereum was the first to develop Smart Contracts.

By the start of December 2022, the price of Ethereum Classic is predicted to be around $25. The anticipated minimum price is $22.487, and the maximum predicted price is $33.07. The projected price for Ethereum Classic at the end of the month is $26.456.


What Makes Ethereum Classic Unique?

The primary goal of Ethereum Classic is to maintain the Ethereum blockchain in its original form without artificially addressing the DAO hack.The legacy network's appeal was first limited to individuals who disapproved of Ethereum's response. Still, it has now attracted a more significant following, including influential investors like Barry Silbert, CEO of Grayscale.

The creators of ETC do not intend for the network to become a for-profit business because it is a volunteer organization. As with Ethereum, users pay transaction fees, which miners collect based on work completed using the proof-of-work (PoW) mining algorithm.

Unlike Ethereum, Ethereum Classic has no intention of switching to a proof-of-stake (PoS) mining process, while several developers are still working on potential upgrades like scaling options.


Ethereum Classic Features

TRANSACTION FINALITY:

Valid transactions can never be lost or forgotten on the ETC blockchain. The governance code is available to users of the Ethereum Classic blockchain, and as they say, code is the law. It enables the user to move to a different country where contracts are controlled by law. The code is unbiased and will execute whatever set once a user activates that smart contract because using it is a choice.

DECENTRALIZED GOVERNANCE:

The Ethereum Classic project has seen numerous updates and improvements since the split. The project's ongoing objective is to develop smart contracts that can operate without centralized governance into a worldwide payment network.

DIGITAL STORE OF VALUE:

The goal of Ethereum Classic will probably remain to be a digital store of value, i.e. something that can be saved and traded while maintaining value. Cryptocurrencies' purchasing power, which can be quickly converted into cash or used to purchase other assets, is part of their digital store of value.

Forkless upgrades:

Without the need for forks, Polkadot can update the network. Furthermore, based on the outcomes of governance actions, this update operates at the meta-protocol level.

Should I Buy Ethereum Classic in India with BuyUcoin?

BuyUcoin users can buy and sell Ethereum Classic through various payment methods we provide. It’s quick, simple, and safe. BuyUcoin is an exchange platform where consumers can swap digital currencies such as Bitcoin, Ethereum, Shiba Inu, Dogecoin and over 150 other cryptocurrencies. In addition, when you sign up, you will be rewarded with free Bitcoin worth INR 100.

BuyUcoin, which has over 1M+ registered users, provides a comprehensive range of options that allow users to buy, sell, trade and store cryptocurrencies at a low price in India. Start trading now to receive INR100 worth of free Ethereum Classic after registering.

1 ETC to INR

Instant Buy

Current Price of 1 ETC = 600,000 INR
For 100 INR you will get = 0.00045 ETC

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