Ethereum vs Ethereum Classic

Ethereum vs Ethereum Classic

Ethereum Classic (ETC) came into existence in July 2016, when members of the community rejected the latest hard fork, and decided to continue using the unforked version. The new fork was named Ethereum (ETH). Both Ethereum and Ethereum Classic are decentralised programmable blockchains, which offer the same function when it comes to building smart contracts and decentralized apps (dApps). So what exactly is the difference between the two? We’ll be taking a look at Ethereum vs Ethereum Classic in order to understand what makes each network distinct.

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Let’s take a look at some of the differences between Ethereum vs Ethereum Classic.

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There are some pretty huge disparities between Ethereum vs Ethereum Classic, all as a result of the hard fork that occurred after the DAO hack. However, Ethereum has gone on to become more successful than Ethereum Classic (at this stage), and has the backing of the original blockchain’s lead developers (Vitalik Buterin, Joseph Lubin etc).

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When we look at the differences between Ethereum vs Ethereum Classic, it’s pretty clear that Ethereum has somewhat of an upper hand. It has more backing from developers, and a much larger market cap. With that being said, we’re still very much in the early days of crypto, so we don’t really know what could happen in the future. Who knows, maybe the 10% of users who stayed with Ethereum Classic (ETC) were right.

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