Ethereum Classic is a cryptocurrency based on a different blockchain created through a hard fork of Ethereum. A hard fork refers to the process of artificially splitting a blockchain, and the Ethereum Classic hard fork was executed on July 20, 2016.

This originated from an incident in June 2016 when a person or group of people exploited a code vulnerability in the DAO system, one of the major projects built on the Ethereum platform, to gain undue profits. The Ethereum development team decided to invalidate the fraudulent transaction records and revert the chain to its pre-incident state to create a new chain, aiming to return funds to investors.

In that case, the previously hacked chain was supposed to disappear, but about 10% of people who opposed the hard fork remained without updating and continued generating blocks, which became the Ethereum Classic blockchain. In other words, the original blockchain containing the stolen Ethereum settled as a different blockchain and coin called Ethereum Classic.

Coin Features

1. Under the belief that "Code is law," they prioritize "immutability," the core value of blockchain, above all else. Immutability means that valid transactions should not be deleted or forgotten, and this is the biggest reason they remained on the original chain without forking after the Ethereum DAO incident.

2. Ethereum Classic changed its monetary issuance policy from Ethereum's original inflation policy (unlimited issuance) to a fixed supply method like Bitcoin. As a result, the maximum issuance is limited to 230 million coins, and the total supply is expected to be approximately 210 million coins. Mining rewards decrease by 20% every 5 million blocks.

Core Value

(Keywords: Smart contracts, platform scalability through DAPPs)

Since Ethereum Classic maintains the original unforked blockchain, the protocols and technologies it uses are identical to Ethereum. Therefore, smart contracts, the core of the Ethereum platform, and the technology to develop decentralized applications (DAPPs) on the platform apply equally to the Ethereum Classic platform. Currently, coins operating on the Ethereum Classic platform include Corion platform (COR), ETCWin (ETC), GeoFunders (GUNS), and others.

Ang pinakamahusay Ethereum Classic dapat balansehin ng wallet ang parehong seguridad at kadalian ng paggamit.

May a Ethereum Classic wallet, hindi ka lamang ligtas na mag-imbak at mamahala (token name), ngunit malayang magsagawa ng mga cross-chain na transaksyon, lumahok sa mga protocol ng DeFi, at makipag-ugnayan sa DApps.

Ethereum Classic wallet ay nagbibigay ng real-time na pagsubaybay sa transaksyon, open-source at transparent na mekanismo ng seguridad, at isang maayos na karanasan sa Ethereum Classic network, na nagbibigay sa iyo ng kumpletong kontrol sa iyong mga crypto asset.

1. Mag-download ng wallet: Bisitahin ang opisyal na website ng OneKey at i-download ang OneKey App para sa macOS, Windows, iOS, o Android.

2. Gumawa ng wallet: Buksan ang App, piliin ang "Gumawa ng Bagong Wallet" o "Ikonekta ang Hardware Wallet".

3. Backup wallet: Ligtas na isulat ang parirala sa pagbawi at iimbak ito offline. Hindi namin kailanman ina-upload o sine-save ang iyong parirala sa pagbawi.

4. Deposito Ethereum Classic: Kopyahin ang wallet address at ilipat Ethereum Classic mula sa isang palitan o ibang pitaka.

Binubuo at iniimbak offline ang lahat ng pribadong key sa device, na nagbibigay sa iyo ng kumpletong kontrol sa iyong mga asset.

1. Ipadala Ethereum Classic: Ipasok ang Ethereum Classic address at halaga, pagkatapos ay kumpirmahin ang lagda sa App. Ang transaksyon ay mai-broadcast sa blockchain kaagad pagkatapos makumpleto.

2. Tumanggap Ethereum Classic: I-click ang "Receive" para makuha ang wallet address, ibahagi ito sa nagpadala, at makikita mo ang balanse sa real-time sa App pagkatapos matanggap ang mga token.

3. Pamahalaan ang mga asset: Subaybayan ang kasaysayan ng transaksyon, i-access ang mga DeFi protocol, o magsagawa ng mga cross-chain na operasyon sa Ethereum Classic wallet, lahat sa isang App.