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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| ETC | -50.12% | +127.21% | +17.84% | +1,779% |
| S&P | +13.14% | +87.24% | +13.37% | +213% |
Ethereum Classic (ETC) is a decentralized, open-source blockchain platform that uses proof-of-work consensus to execute and store smart contracts and dApps. It was created in July 2016 by a group of developers and users who opposed the Ethereum Foundation's decision to hard fork the Ethereum blockchain in response to the "DAO hack." ETC is used for a variety of purposes, including creating dApps and issuing tokens, and has a strong focus on immutability and censorship-resistance. It is led by a team of developers and supported by a global community of users and organizations.
Ethereum Classic may seem like a token that's been left for dead, but wait a second.
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