ETC, a blockchain-based network, allows developers to create decentralised apps. The ETC network is designed for scalability and adaptability as an open-source project. As a result, all uncensorable contracts may be deployed and performed on the blockchain. Anyone interested should be aware that Ethereum (ETH) was previously known as Ethereum Classic (EC). A hard fork was necessitated due to a number of negative circumstances. ETC, Ethereum Classic's native coin, is used to pay for premium network services. Miners are also given the ETC token, which is used to compensate them for their work.

Ethereum Classic (ETC) is a decentralized blockchain platform that enables smart contracts and decentralized applications (dApps). It originated in 2016 as a result of a hard fork in the Ethereum network after the DAO hack, a major security breach. The fork created two separate chains: Ethereum (ETH), which implemented changes to reverse the hack's effects, and Ethereum Classic, which maintained the original blockchain to uphold the principle of immutability.

ETC operates on a proof-of-work (PoW) consensus mechanism and supports smart contracts similarly to Ethereum. However, its community emphasizes preserving the original vision of blockchain decentralization and censorship resistance. While ETC has faced challenges like security concerns and reduced adoption compared to Ethereum, it remains a significant player in the blockchain space.