Ethereum Classic/ETC

First there was Bitcoin, then the blockchain, then Litecoin and now, Ethereum. These are cryptocurrencies and there are some 800 cryptocurrencies currently. Although most are unheard of. Ethereum comes in two versions, Ethereum (ETH) and Ethereum Classic (ETC) and this causes quite a bit of confusion. Ethereum is the brainchild of Vitalik Buterin, a Russian programmer. Vitalik was an early adopter of blockchain technology and was the founder of Bitcoin Magazine. He created Ethereum in late 2013 to do things which Bitcoin couldn’t do, and formally announced it at The North American Bitcoin Conference in Miami, USA in January 2014. Ethereum was not built to be just a cryptocurrency. It is meant to be a hub where you can code, run, and execute DApps and smart contracts. Ethereum suffered a major setback when the DAO, which was built to act like a decentralized venture capital fund for decentralized crypto projects, was exploited by attackers and more than $50 million was drained out of the DAO’s funds. This led to mayhem in the crypto space, among DAO investors, and particularly among members in the Ethereum community. The unfortunate event brought the DAO investors and the Ethereum community to a standstill. DAO was one of the earliest and biggest applications being built on Ethereum’s platform, and it resulted in chaos, causing Ethereum’s prices to plummet. A new version of the original blockchain evolved, hence why there are two versions of Ethereum.

Ethereum Classic/ETC Casinos

Ethereum Classic 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. The classic ether token is traded on cryptocurrency exchanges under the ticker symbol ETC. Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Valid transactions can never be erased or forgotten. Individuals interacting on Ethereum Classic are governed by this reality; Code is Law.

How to Buy Ethereum Classic

It’s not difficult to buy Ethereum Classic and in fact, can be done in just three steps.