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What is Ethereum Classic Coin (the price of Ethereum Classic Coin today is not small)

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What is Ethereum Classic? Ethereum Classic (ETC) is a Cryptocurrency developed based on the Bitcoin blockchain. It is a completely decentralized and unlicensed token. According to official statements, both “Eth1.0” and “Eth2.0”, also known as ETH1. X, use the PoS mechanism, while other mainstream consensus protocols such as POW and POS are mined by miners and generate block rewards through node competition on the network, which is known as “forking” Simply put, it means putting all existing transactions on one chain for verification, and then performing the same thing throughout the entire process. “Bifurcation” means that after a user creates a new Ethereum address, the address will put all transactions into his wallet. But these transactions will not occur on the blockchain, as each account will have a different hash value. If there is no such hash, they will be disrupted in accounting, which means they can only process a small portion of transactions and cannot obtain more transaction fees. Therefore, when users need to send Ethereum to them, they can use the funds in this original address to withdraw their deposits. Since most Ethereum holders are pit operators, they will not sell any old Ethereum. However, Ethereum Classic Coins do support various forms of transactions: BTC, LTC, BCH, or EOS

The current price of Ethereum Classic Coin is not a small account

According to analysis, the highest price of Ethereum Classic Coin today is 9530 USD (non small account), and the lowest price is 9505 USD. Yesterday’s market trend was relatively strong and did not show significant fluctuations, with a short-term rebound around 9120; Subsequently, it was supported and began to rise; However, the current bullish trend is still very clear, and there has been a correction formation. If the price continues to rise in the future, there may be signs of a downward adjustment; It is recommended that investors wait and see or wait for the direction to be determined before intervening.

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