Convert Bitcoin Cash to Ethereum Classic Price Calculator & bch vs. etc Comparison

With the ever-fluctuating cryptocurrency market, keeping track of real-time prices between Bitcoin Cash and Ethereum Classic can be challenging. Our dedicated Bitcoin Cash to Ethereum Classic price converter & calculator makes this task seamless and straightforward. Whether you're an investor, trader, or crypto enthusiast, leverage our tool to get the latest conversion rates of bch vs. etc. Stay ahead of the market and make informed decisions by accessing the most up-to-date data at your fingertips

1 Bitcoin Cash (bch) == 14.683567501527 Ethereum Classic (etc).
Rate : 14.683567501527

Bitcoin Cash (bch) Price: 240.37$
Ethereum Classic (etc) Price: 16.37$

Ethereum Classic (ETC)

Ethereum Classic is a cryptocurrency that emerged as a result of a contentious hard fork from the Ethereum blockchain. It maintains the original Ethereum blockchain and has continued to operate independently.

Origins of Ethereum Classic

In 2016, a decentralized autonomous organization (DAO) called "The DAO" was created on the Ethereum network. However, a vulnerability in the code was exploited, resulting in the theft of a significant amount of Ether (ETH). To rectify the situation, the Ethereum community proposed a hard fork to reverse the theft and restore the funds. However, a portion of the community opposed this decision, believing that it went against the principles of decentralization and immutability. This ultimately led to the creation of Ethereum Classic.

Key Differences from Ethereum

As the original Ethereum blockchain, Ethereum Classic retains many of the same features and functionalities. However, there are some notable differences between the two:

• Immutability: Ethereum Classic places a strong emphasis on maintaining the immutability of the blockchain. Transactions and smart contracts on the network are permanent and cannot be altered or reversed.
• Decentralization: Ethereum Classic strives to maintain a decentralized network by avoiding centralized decision-making or interventions.
• Consensus Mechanism: Ethereum Classic uses a proof-of-work (PoW) consensus mechanism, similar to Ethereum, to secure its network and validate transactions.

Community and Developments

Ethereum Classic has a dedicated and passionate community of developers, enthusiasts, and supporters. Despite being ranked at number 30 in terms of market capitalization, Ethereum Classic continues to see ongoing developments and improvements.

Price Performance

Over the past 30 days, Ethereum Classic has experienced a negative price change of approximately -19.0124 percent. It is important to note that cryptocurrency prices are highly volatile and subject to market conditions.

Conclusion

Ethereum Classic is a cryptocurrency that emerged from a contentious hard fork in the Ethereum blockchain. It maintains the original Ethereum network and places a strong emphasis on immutability and decentralization. Despite its lower market ranking, Ethereum Classic has a dedicated community and continues to see ongoing developments.