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Ethereum Classic (etc): Everything Beginners Need To Know

Ethereum Classic (etc): Everything Beginners Need To Know

Ethereum Classic (ETC): Everything Beginners Need To Know By: Sudhir Khatwani In: Ethereum Last Updated: The cryptocurrency chaos continues unabated. As we all know, it started with the buzz of Bitcoin , then the blockchain, then Litecoin and Ethereum joined the party. Its easy for newcomers to get overwhelmedby the fact that we have more than 800 cryptocurrenciesat present listed on CoinMarketCap . I have also seen some of these newbies getting influenced by some of the old-timers in the crypto space. And this is no exaggeration in saying that many of these old-times take advantage of the newbies. One such chaotic caseis that of Ethereum (ETH) and Ethereum Classic (ETC). There has been a lot of confusion among relatively new people in this space about which is the original Ethereum, which one has a future, and why there are two Ethereums. Thats why I thought of clearing off some dust and answering such questions which crypto-users might haveregarding Ethereum Classic (ETC). Butbefore answering what ETC is, I think it is important to know about the events whichlead to the creation of Ethereum Classic. Ethereum is the brain child of Vitalik Buterin , a Russian programmer. Vitalik was an earlyadopter of blockchain technology and was the founder of Bitcoin Magazine. He created Ethereum in late 2013 to do things which Bitcoin couldnt do, and formally announced it at The North American Bitcoin Conference in Miami, USAin January 2014. Ethereum was not builtto be a mere cryptocurrency. Rather, it is meant to be a hub where you can code, run, and execute DApps and smart contracts . Read our exclusive Ethereum beginners guide for more details. Two years after the Ethereum project launch, the Ethereum community thought of launching the DAO . In short, the Decentralized Autonomou Continue reading >>

The Story Behind Ethereum Classic (etc) - And Who's Trying To Steal Your Wealth Through It : Ethtrader

The Story Behind Ethereum Classic (etc) - And Who's Trying To Steal Your Wealth Through It : Ethtrader

I see a lot of newbies entering the market, people who hear about Ethereum. If you are such a person, you might be a little bit confused about why there is the Ethereum coin (ETH) and the Ethereum Classic coin (ETC). Here is the story of what exactly happened. This is not research, but a first-hand story. I was there when it all happened, in the middle of it. And active in all involved communities. It all started during the spring of 2016: There was only one Ethereum coin you could buy (ETH). The Ethereum world computer was online for not even a year. Most investors invested in Ethereum because they saw this world computer as something that could change and transform the world. This is not new for you guys reading this now, you are starting to see the potential too. But these early investors were visionaries. They could already see it before it started to happen. They saw the possibilities and were excited about what had been built. Excited about what was still going to be build. So here follows what the early adopters did next: An important task at that moment in time, was to grow the eco-system. Companies and startups would be created and motivated to play around with the possibilities of this new technology. Thus the early investors were going to work together to build the eco-system up. More than a thousand well intended investors had allocated a major part of their hard-earned wealth into a program / contract running on Ethereum (the contract was named TheDAO) which was created with the goal to fund startups in the eco-system for at least the next 4 years. The idea and the intention to grow the eco-system with this money, was so grand that more than 11 million Ether (12 % of all ETH in circulation) were allocated to this contract. With the sole plan being that the Continue reading >>

3 Simple Ways To Buy Ethereum Instantly - A Complete Beginner's Guide

3 Simple Ways To Buy Ethereum Instantly - A Complete Beginner's Guide

Last updated on December 14th, 2017 at 08:16 am Note:If youre looking to buy Ethereumfor trading purposes only you may want to check out Plus500 Ethereum CFD trading. Keep in mind that when trading CFDs your capital is at risk. Lately there has been a lot of talk about the hottestaltcoin in the community Ethereum. Ethereum is a cryptocurrency and a blockchain platform with smart contract functionality. Its basically a decentralized platform for developers to build apps on top of and it was invented by Vitalik Buterin in 2013. Ethereum can be used to codify, decentralized, secure and trade just about anything: voting, domain names, financial exchanges, crowdfunding, company governance, contracts and agreements of most kind, intellectual property. Well, Ether is the currency of the Etherium platform. Etherwill be required by anyone wishing to build upon oruse the Ethereum platform. Just like BItcoin, Ether can be traded around the web and mined. In a second Ill show you exactly where you can buy it. Most people use the term Ethereum to refer to the currency instead of Ether and thats why it can get so confusing. The total supply of ether and its rate of issuance was decided by the donations gathered on the 2014 presale of the currency. The results were roughly: 60 million ether created to contributors of the presale 12 Million (20% of the above) were created to the development fund, most of it going to early contributors and developers and the remaining to the Ethereum Foundation 5 ethers are created every block (roughly 15-17 seconds) to the miner of the block 2-3 ethers are sometimes sent to another miner if they were also able to find a solution but his block wasnt included (called uncle/aunt reward) The founders of Ethereum state that Ether is not a currency as much Continue reading >>

Ethereum Classic (etc)

Ethereum Classic (etc)

CCN: Bitcoin, Ethereum, ICO, Blockchain & Cryptocurrency News Ethereum Classic is an open-source, public, decentralize blockchain-based computing platform supporting smart contract (in the form of scripting) functionality. It presents a distributed Turing-complete virtual machine called the Ethereum Virtual Machine, which can run scripts using a worldwide network of public nodes. Ethereum Classic also provides a token called "classic ether", which can be exchanged between members, saved in a digital currency wallet and is used to reward member nodes for computation power contributed. The ether token is traded on crypto markets the symbol ETC. Gas, an internal exchanging pricing mechanism, is employed to prevent spam on the network and allocate resources according to the incentive offered by the request. Ethereum Classic was born as a result of a disagreement with the Ethereum Foundation concerning The DAO Hard Fork. It includes a group of members of the Ethereum community who rejected the hard fork. Member having ETH before the DAO hard fork (1900000th block) obtained the same amount of ETC after the fork. Continue reading >>

How To Claim Your Callisto ($clo) From The Ethereum Classic Hard Fork

How To Claim Your Callisto ($clo) From The Ethereum Classic Hard Fork

How To Claim Your Callisto ($CLO) From The Ethereum Classic Hard Fork Due to the popularity of our post about the Ethereum Classic hard fork , we receive email requests on how to claim the hard forked Callisto ($CLO) coins, which you are eligible to get if you hold Ethereum Classic ($ETC) by block5500000. So here is a summary of all you need to know to get yourCallistos. You can check for the current block. The calculations when the fork will happen are between the 2nd and the 5th of March. This is hard to say, as Ethereum Classic / Callisto has no official response by several exchanges up to now. Technically, the free coins are also dropped for $ETC held on an exchange, but it depends on the exchange if they issue them to you. These two wallets are guaranteed to issue the Callisto coins: MyEtherWallet it is not yet sure if the MEW devs will support Callisto as there is no official reply for that yet. However, you can use your MEW account on ClassicEtherWallet, as they go well together and are compatible. To be able to use your MEW wallet for holding Ethereum Classic coins ($ETC), you have to follow this steps . As you dont physically store ETC in a wallet likeMyEtherWallet or JAXX, you always should be able to claim along with your private key. Your ETCs are, like any other coin, stored in the blockchain and wallet are only an interface to access those in a convenient way. Your coins could also be transferred by command line if you know how, so basically it should not depend on the wallet itself to claim those Callistos. This means, technically it should be possible to get the coins with every wallet (besides wallets on exchanges) that hold ETC on block 5500000, as you basically have ETC on the ETC blockchain, tagged along with your private key. The snapshot will be g Continue reading >>

Etc Is Going Down Now ! What's Happening With This Coin !!!!!!!!!! : Ethereumclassic

Etc Is Going Down Now ! What's Happening With This Coin !!!!!!!!!! : Ethereumclassic

Ethereum Classic is an open blockchain that all are welcome and free to use. We believe in distributed ownership. We believe that for a blockchain to succeed it must be decentralized in network, technology, community, and leadership. There is no group that can take away your right to use ETC how you choose. On many blockchains, despite their "decentralization", a small few hold the ability to change how your contracts work and control your money. On ETC we have taken great care to distribute our blockchain stewardship such that no one group controls ETC. Our highly decentralized ecosystem means that ETC does not have the same centralization issues of other blockchains. Continue reading >>

Fork All The Coins? Ethereum Classic Callisto Fork : Ethereumclassic

Fork All The Coins? Ethereum Classic Callisto Fork : Ethereumclassic

by MassStash redditor for > 1 year, but has low karma Ethereum Classic Fork, Callisto Network Token Airdrop countdown here: So the CLO airdrop is coming up. In the video I discuss where the CLO project came from, what the purpose of the Callisto token is, and how I'm playing the upcoming airdrop in light of the recent pump of ETC, as all airforks. I don't like the idea of chasing airdrops or hard forks unless I really like the project coming out. However, it's always nice to receive crypto dividends. I've been a HODLer of ETC, and my long-term goals move well past the current coinsplit situation. However, if you haven't held ETC, and you're looking to get in the trade to profit, I give a cautionary tale of how I got burnt hodling NXT purely to enjoy the IGNIS airdrop. IGNIS hasen't yielded the profits that I've desired yet, and the price of NXT plummeted sharply before the airdrop. This is because traders rode the pump up knowing that people would buy it up in anticipation of the free cryptos they would receive, and then sold their shares at a nice profit point. The poor HODLers of NXT got hit twice, once by the first dumpers who dumped it before the airdrop, and then in again in the mad scramble immediately following the airdrop of people unloading their NXT to get out of a failing trade. Rough stuff. Ethereum Classic Logo TransparentNow I don't think ETC will drop as significantly or as long as NXT did, although that option is always a possibility. Listening to @MoneyTrigz on @bitcoinmeister the other day added another dimension to the scuttlebutt that's been kicked around about mining power switching to ETC when Ethereum makes the transition to Proof of Stake. In the video I show some surface sources that point to Jihan Wu (operator of the mining behemoth Bitmain) l Continue reading >>

The Top 50 Cryptocurrencies

The Top 50 Cryptocurrencies

written by Jacob Bushmaker March 15, 2018 Lets face it: there are a lot of cryptocurrencies out there, with new ones coming out almost daily and old ones disappearing seemingly just as fast as they appeared. Its easy to get overwhelmed. If you are new to cryptocurrencies, this is an excellent starting point to learn about each of the top 50 cryptocurrencies (by market cap). Even if youre a crypto veteran, this is a great resource to reference if you ever get any of the top 50 confused, or if you want to read more about a new coin which has joined the ranks. Our hope is to point you in the right direction, spur your interest to do more research, and steer you away from the potential scams out there (And yes, there are potential scam coins in the top 50!) Here at Invest In Blockchain, we are obsessed with researching the internet for all things crypto. The information found in this post is the result of hundreds of hours of painstaking research by me and other writers on our team. Note that this list is constantly changing and I will do my best to keep it up-to-date, but the top 50 moves almost daily! Please refer to coinmarketcap.com for the latest information on the top 50 cryptocurrencies and their prices. (Information accurate as of March 15, 2018) The king of the crypto world, Bitcoin is now a household name; to many, it is synonymous with cryptocurrency. Its purpose is to provide a peer-to-peer electronic version of cash to allow payments to be sent online without the need for a third party (such as Mastercard). The rapid rise in Bitcoins price has brought about an explosion of new Bitcoin investors. With the huge increase in interest has come a rise in merchants accepting Bitcoin as a legitimate form of payment. Bitcoin is fast moving towards its goal of becoming Continue reading >>

Ethereum Classic On Twitter:

Ethereum Classic On Twitter: "discussion On This Topic Now On Reddit. "

This timeline is where youll spend most of your time, getting instant updates about what matters to you. Hover over the profile pic and click the Following button to unfollow any account. When you see a Tweet you love, tap the heart it lets the person who wrote it know you shared the love. The fastest way to share someone elses Tweet with your followers is with a Retweet. Tap the icon to send it instantly. Add your thoughts about any Tweet with a Reply. Find a topic youre passionate about, and jump right in. Get instant insight into what people are talking about now. Follow more accounts to get instant updates about topics you care about. See the latest conversations about any topic instantly. Continue reading >>

Ethereum Classic (@eth_classic) | Twitter

Ethereum Classic (@eth_classic) | Twitter

This timeline is where youll spend most of your time, getting instant updates about what matters to you. Hover over the profile pic and click the Following button to unfollow any account. When you see a Tweet you love, tap the heart it lets the person who wrote it know you shared the love. The fastest way to share someone elses Tweet with your followers is with a Retweet. Tap the icon to send it instantly. Add your thoughts about any Tweet with a Reply. Find a topic youre passionate about, and jump right in. Get instant insight into what people are talking about now. Follow more accounts to get instant updates about topics you care about. See the latest conversations about any topic instantly. Continue reading >>

Ethereum Project

Ethereum Project

You are responsible for your own computer security. If your machine is compromised you will lose your ether, access to any contracts and possibly more. You are responsible for your own actions. If you mess something up or break any laws while using this software, it's your fault, and your fault only. You are responsible for your own karma. Don't be a jerk and respect the rights of others. What goes around comes around. The user expressly knows and agrees that the user is using the Ethereum platform at the users sole risk. The user acknowledges that the user has an adequate understanding of the risks, usage and intricacies of cryptographic tokens and blockchain-based open source software, eth platform and ethereum The user acknowledges and agrees that, to the fullest extent permitted by any applicable law, the disclaimers of liability contained herein apply to any and all damages or injury whatsoever caused by or related to risks of, use of, or inability to use, ethereum or the Ethereum platform under any cause or action whatsoever of any kind in any jurisdiction, including, without limitation, actions for breach of warranty, breach of contract or tort (including negligence) and that neither Stiftung Ethereum (i.e. Ethereum Foundation) nor Ethereum team shall be liable for any indirect, incidental, special, exemplary or consequential damages, including for loss of profits, goodwill or data that occurs as a result. Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of liability for certain types of damages. Therefore, some of the above limitations in this section may not apply to a user. In particular, nothing in these terms shall affect the statutory rights of any user or exclude injury arising from any willful misconduct Continue reading >>

Community Ethereum Classic 0.1 Documentation

Community Ethereum Classic 0.1 Documentation

Gitter is our forum of choice for daily chat. It is the virtual coworking space where devs hang out, so it is where you can get quick help and a bit of handholding if needed. Gitter uses Github accounts, offers Github integration (notification of pull requests etc), private channels, provides markdown formatting, and more. Most Gitter channels are organised around particular repositories, or generic topics like research or governance. Please choose the appropriate room and keep discussions on topic. See the full list of gitter rooms for the Ethereum organisation . Below is the list of active public channels: go-ethereum - about geth (and tools related to the go implementation) cpp-ethereum - about eth (and tools related to the C++ implementation) web3.js - about web3.js, Ethereum JavaScript API library Solidity - The Solidity Contract-Oriented Programming Language serpent - The Serpent language for contract development mist - GUI dapp browser, official wallet app light-client - about light client and the LES protocol swarm - decentralised content storage and distribution network EIPs - discussion of Ethereum Improvement Proposals (EIPs) ethereumjs-lib - a JavaScript library of core Ethereum functions devp2p - Vs p2p network protocol & framework The Ethereum Classic Stack Exchange is part of the StackExchange network of Q&A communities. StackExchange is a free Q&A site where all the questions and answers are preserved for posterity. This is the best place to ask technical questions. Help your fellow etherians by answering questions and collect reputation points. Some community discussion fora still use skype rooms, but we would like to move away from that and encourage people to use gitter or slack . Stephan Tuals legendary Ethereum Forum is no longer maintained and lik Continue reading >>

Exodus Adds Support For Ethereum Classic (etc) And Bitcoin Cash (bch)

Exodus Adds Support For Ethereum Classic (etc) And Bitcoin Cash (bch)

Exodus adds support for Ethereum Classic (ETC) and Bitcoin Cash (BCH) Exodus, the blockchain asset wallet application has announced support now for Bitcoin Cash (BCH)andEthereum Classic (ETC)to its family of assets. When Bitcoin Cash first was forked, the company along with many others said they would not support it . However, some, included Exodus have since caved in due to user demand to support BCH, as users needed somewhere to put the coins if they decided to keep them. See the full update notes for Exodus 1.31.1 below: The Settings > Assets section has been rebuilt and upgraded. There are now links to each projects Reddit, website, and Twitter feeds along with a short summary describing each asset Exodus supports. This is a great 1-stop way find out more about the latest assets supported by Exodus. The Settings > Assets tab is now selected by default the first time you visit the Settings section. Spacing adjustments have been made to allow more room to fit more assets. Bitcoin Cash (BCH) is here. Upgrade to version 1.36.0 to send and receive Bitcoin Cash. Ethereum Classic (ETC) is here. Upgrade to version 1.36.0 to send and receive Ethereum Classic. Big speed improvements when receiving Ethereum, Ethereum Classic and all Ethereum (ERC20) tokens. Preparations have been made to notify users and put safeguards in place for the upcoming Bitcoin hard fork. More details in Exodus Bitcoin hard fork article in the Exodus Knowledge Base. Additional Ethereum servers and second-factor tiers are now implemented to prepare all Exodus customers for the upcoming Ethereum hard fork. If users do not hold any QTUM assets, QTUM is now hidden and disabled by default. QTUM recently changed from an ERC20 (Ethereum supported) token to a native blockchain. More details about this upgrade Continue reading >>

Myetherwallet.com

Myetherwallet.com

Ledger / TREZOR / Digital Bitbox : Use your hardware wallet . Your device * is * your wallet. MetaMask Connect via your MetaMask Extension . So easy! Keys stay in MetaMask, not on a phishing site! Try it today. Jaxx / imToken Use your Mnemonic Phrase to access your account. Mist / Geth / Parity: Use your Keystore File (UTC / JSON) to access your account. **Do not lose it!** It cannot be recovered if you lose it. **Do not share it!** Your funds will be stolen if you use this file on a malicious/phishing site. **Make a backup!** Secure it like the millions of dollars it may one day be worth. **If you do not reveal your bid, you will not be refunded.** You will unlock your account, enter the Bid Amount, and the Secret Phrase. In the event that two parties bid exactly the same amount, the first bid revealed will win. Once the auction has ended (after 5 days / 120 hours), the winner needs to finalize the auction in order to claim their new name. The winner will be refunded the difference between their bid and the next-highest bid. If you are the only bidder, you will refunded all but 0.01 ETH. The auction for this registrar is a blind auction, and is described in EIP162 . Basically, no one can see *anything* during the auction. Be safe & secure: We highly recommend that you read our guide on How to Prevent Loss & Theft for some recommendations on how to be proactive about your security. Always backup your keys: MyEtherWallet.com & MyEtherWallet CX are not "web wallets". You do not create an account or give us your funds to hold onto. No data leaves your computer / your browser. We make it easy for you to create, save, and access your information and interact with the blockchain. We are not responsible for any loss: Ethereum, MyEtherWallet.com & MyEtherWallet CX, and some of Continue reading >>

What Is Ethereum Classic? Ethereum Vs Ethereum Classic

What Is Ethereum Classic? Ethereum Vs Ethereum Classic

What is Ethereum Classic? Ethereum vs Ethereum Classic Angel Investors, Startups & Blockchain developers... If you have been involved with cryptocurrency , then there is no way that you dont have an opinion on this. The battle between Ethereum and Ethereum Classic is both an ethical and ideological one. Before we start explaining the basic difference between the two and drawing our own conclusions, it is important for us to know a little bit of history. A lot of things needed to happen for us to arrive in this conjecture. So, lets dial back the clocks and check out some of the most critical points in not just Ethereum history, but cryptocurrency in general. The entire ecosystem of Ethereum works on the basis of smart contracts. For the uninitiated, smart contracts are basically how things get done in the Ethereum eco-system. To put it in layman terms, smart contracts are automated contracts that enforce and facilitate the terms of the contract itself. The DAO aka the Decentralized Autonomous Organization was a complex smart contract which was going to revolutionize Ethereum forever. It was basically going to be a decentralized venture capital fund which was going to fund all future DAPPS made in the eco-system. The way it worked was pretty straightforward. If you wanted to have any say in the direction DAPPS that would get funded, then you would have to buy DAO Tokens for a certain amount of Ether. The DAO tokens were indicators that you are now officially part of the DAO system. So, how were DAPPS going to get approved and built? Well, firstly they need to get whitelisted by the curators, who have basically known figureheads in the Ethereum world. After getting their stamp of approval, they will get voted on by the DAO token holders. If the proposal gets a 20% approva Continue reading >>

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