CryptoCoinsInfoClub.com

Ethereum Classic Wiki

Ethereum Classic - Guide To Cryptocurrencies And Blockchain - Wikicryptocoins

Ethereum Classic - Guide To Cryptocurrencies And Blockchain - Wikicryptocoins

Ethereum Classic is an open-source and public blockchain based computing platform that features smart contract functionality. It provides users with a Turing complete virtual-machine that helps to execute scripts with globally distributed nodes in its network. The cryptocurrency also features a value token referred as Ethereum Classic coins. The tokens can be stored in wallets and traded in the cryptocurrency exchanges. They are also used as the main asset for transferring value or sending cash. To make trading, operations in the network, running of smart contracts and decentralized applications, Ethereum Classic uses Gas as a pricing mechanism. Gas helps in preventing scams on the Ethereum Classic network as well as allocating resources proportionately as an incentive to nodes. Ethereum classic was created as a hard fork of Ethereum . To make this clearer, this guide goes back to the beginning. It will take a closer look at the events that brought about the fork (division) of Ethereum resulting in the formation of Ethereum Classic (ETC) and Ethereum . The formation of DAO (Decentralized Autonomous Organizations) Ethereum (the original blockchain network) was formed in July of 2015. The entire Ethereum system was crafted to operate on the premise of smart contracts. Smart contracts define how things get to be done in the Ethereum system. Call it Ethereum ecosystem because it brings together many stakeholders. DAO was one of the most complex smart contracts that were aimed at revolutionizing the Ethereum system. It was aimed at being a decentralized venture capital fund that would fund DAPPS (decentralized applications) in the ecosystem. To get approved and created, the experts with inherent knowledge of the Ethereum Core operations would present the idea and get approv Continue reading >>

Ethereum Classic Kryptowiki - Die Freie Enzyklopdie Der Kryptowhrungen

Ethereum Classic Kryptowiki - Die Freie Enzyklopdie Der Kryptowhrungen

Ethereum Classic entstand aus Unstimmigkeiten mit der Ethereum Stiftung bezglich dem " The DAO " Hard-Fork . Im Kern bietet es 1:1 die selbe Funktionalitt wie Ethereum . Hinter dem Fork standen Mitglieder der Ethereum-Community, die sich gemeinsam und aus philosophischen Grnden gegen einen Hard-Fork aussprachen. Nutzer, die ETH besaen, bevor der Hard-Fork stattfand (mit dem Block 1.900.000), erhielten die selbe Anzahl ETH wie nach dem Fork. Ethereum Classic entstand am 25. Oktober 2016, da zu diesem Datum die Anpassungen an der virtuellen Maschine von Ethereum (EVM) abgeschlossen wurden. Ziel war offiziell eine "vernnftigere Verteilung von Zahlungen fr ressourcenintensive Berechnungen". Dadurch sollten auch die Angriffe gegen ETH und ETC ein Ende finden. Der nchste Hard-Fork ist geplant fr Ende 2017, mit dem Ziel die Geldpolitik hnlich Bitcoin zu ndern, damit nicht mehr unbegrenzt Emissionen gehandelt werden knnen. Im Mai 2016 war es dem Wagniskapital-Konglomerat The DAO mglich 168 Millionen US-Dollar durch auf Ethereum basierenden smart contracts einzusammeln. Die eigentliche Intention war diese erneut in intelligente Vertrge zu investieren. [1] Zuflligerweise erschien im selben Monat eine Studie, wie man durch Sicherheitslcken innerhalb von "The DAO" Ether stehlen knnte. [2] Juni 2016 fand dann genau dies statt: 3,6 Millionen "Ether" (Wert ca. 50 Millionen US-Dollar) wurden den Konten von "The DAO" entwendet und ohne Zustimmung der Besitzer auf anderen gebunkert. Mitglieder von "The DAO" und der Ethereum-Community diskutierten anschlieend darber, welche Manahmen man nun, wenn berhaupt, ergreifen solle. Es wurde abgestimmt und im Juli 2016 entschied man sich fr einen Hard-Fork. Die gestohlenen "Ether" sollten dann in einem neuen "smart contract" gespeichert werden, um Continue reading >>

How To Claim Your Callisto Clo Coins Ethereum Classic Etc Coinswap Fork

How To Claim Your Callisto Clo Coins Ethereum Classic Etc Coinswap Fork

QueenWiki Bitcoin, Cryptocurrency, BlockChain, News and Education Step By Step Instructions to Claim Callisto Coins After ETC CoinSwap. FREE CLO! So you want to know how to claim the ETC hard forked Callisto ($CLO) coins that you are eligible to receive if you hold Ethereum Classic ($ETC) on or before block5,500,000? Everything you need to know and do is right here! Actually it isnt really a hard fork. Callisto will have its own blockchain .. a SIDE CHAIN to Ethereum Classic. You can check for the current block height. According to calculations, the ETC fork will occur between the 2nd and the 5th of March 2018. Ethereum Classic (ETC) holders will receive coins from a snapshot fork called Callisto (CLO). The clone will be an exact copy of the ETC chain up until block 5,500,000. ETC holders will receive a 1:1 ratio of CLO coins. Right now as I write this article, the Ethereum Classic Blockchain last block is5440719. In addition, the present price of $36.94 is relatively inexpensive due to the moderately bearish market. I am not giving you financial advice, but if you want to participate, then this may be the prime time to purchase a bag of ETC. No exchanges have announced an official stance on the Ethereum Classic / Callisto coin swap fork except for HitBTC . It really depends upon the exchange whether they will give them to you. So dont take the chance! Transfer your ETC to a wallet where you own the private key! Technically speaking no wallets supportANY forks. Your coins will ALWAYS be sitting on the blockchain waiting for you to find a way to get your private key and transfer them. NO PRIVATE KEY = YOURE OUT OF LUCK! These three wallets are guaranteed to issue the Callisto coins and you DO NOT HAVE TO DO ANYTHING! MyEtherWallet (MEW) it is not yet sure if the MEW dev Continue reading >>

Buy Cryptocurrency Ethereum Classic Hard Cap Soft Cap Crypto Wiki

Buy Cryptocurrency Ethereum Classic Hard Cap Soft Cap Crypto Wiki

Buy Cryptocurrency Ethereum Classic Hard Cap Soft Cap Crypto Wiki By sharing a standard API, relayers can easily aggregate liquidity pools, creating network effects around liquidity that compound as more relayers come online. Find DApps and other Status users through the Discover feature, where you can exchange currency, services, and ideas, helping to grow the movement of decentralization. I think ETC will go up but think of the opportunity cost. Integrating Ethereum in our daily lives. Some experts in cryptocurrencies prefer to call it being sidelined. Miners Miners record and help to secure the transaction information into blockchain ledger. The idea that someone who runs a successful blockchain company would attempt to co-opt ETC or any crypto with a Scala client using proprietary libs is completely absurd. What does Exchange Union do? Smart payments made simple. Official Wings is based in Zug, Switzerland. Ethereum Classic came into existence when some members of the Ethereum community rejected the hard fork on the grounds of "immutability", the principle that the blockchain cannot be changed, and decided to keep using the unforked version of Ethereum. Cardano is a decentralized, fully open source, public blockchain protocol and cryptocurrency project. The blockchain is becoming the new standard for trust and verification of data. Here is the procedure to follow. Most jurisdictions have watched cryptocurrencies grow like wildfire as they slowly strategize on how to tame. Loopring protects members from threats such as exchange bankruptcies and DDOS. For example i won't diverse my portfolio to Bitcoin gold and some shit forks. The new decentralized internet. INS ecosystem is the decentralized ecosystem directly connecting grocery manufacturers and consumers. Your en Continue reading >>

Ethereum Classic - Wikipedia

Ethereum Classic - Wikipedia

Ethereum Classic is an open-source , public, blockchain -based distributed computing platform featuring smart contract (scripting) functionality. [1] [2] It provides a decentralized Turing-complete virtual machine , the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum Classic also provides a value token called "classic ether", which can be transferred between participants, stored in a cryptocurrency wallet and is used to compensate participant nodes for computations performed. The classic ether token is traded on cryptocurrency exchanges under the ticker symbol ETC. Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request. [3] [4] [5] [6] The Ethereum platform has been forked into two versions: "Ethereum Classic" (ETC) and "Ethereum" (ETH). Prior to the fork, the token had been called Ethereum. After the fork, the new tokens kept the name Ethereum (ETH), and the old tokens were renamed Ethereum Classic (ETC). Ethereum Classic appeared as a result of disagreement with the Ethereum Foundation regarding The DAO Hard Fork. It united members of the Ethereum community who rejected the hard fork on philosophical grounds. Users that owned ETH before the DAO hard fork (block 1920000 [7] ) own an equal amount of ETC after the fork. Ethereum Classic passed a technical hard fork to adjust the internal prices for various opcodes of the Ethereum Virtual Machine (EVM) on October 25, 2016, similar to the hard fork committed by Ethereum a week previously. The purpose of the hard fork was a more rational distribution of payments for resource-intensive calculations, which led to the elimination of the favorable condi Continue reading >>

Ethereum Classic Community

Ethereum Classic Community

Vitalik Buterin and The Ethereum Foundation create the first blockchain-based turing-complete smart contract platform Slock.it construct TheDAO Ethereum Contract; a security audit is completed by Dejavu TheDAO smart contract is deployed; members of the public send it value in return for DAO tokens Slock.it announce a $1.5 Million USD proposal, paid in Ether by the crowdfund, 'to guarantee the integrity of The DAO' On the last day of the crowdsale, DAO curator Vlad Zamfir calls for a moratorium on TheDAO, citing many game-theoretical security issues The crowdsale completes to become the world's largest and raising an incredible $150 Million USD Peter Vessenes publicly discloses the existence of a critical security vulnerability overlooked in many Solidiy contracts Stephan Tual publicly claims that TheDAO funds are safe despite the newly-discovered critical security flaw Ether is slowly and silently drained from TheDAO as the re-entry bug is applied The price of Ether is slashed in half as Griff Green announces that TheDAO has been hacked TheDAO's splitting mechanism gives around a month for a solution to be found that recovers the funds; Foundation and community developers race to implement a soft fork A group of 'white-hat' hackers secure 70% of TheDAO funds but protocol-level action is required to save the remaining 30% split by the hacker The Ethereum Foundation releases a 'Soft Fork' client to censor transactions coming from the hacker; mining pools vote to enable it by lowering gas limit Critical Denial of Service flaws are found in the Soft Fork implementation, miners quickly decide not to use it Many days of intense arguing goes on in the Ethereum community about the pros and cons of implementing a Hard Fork The only remaining option is a controversial Hard Fork. Continue reading >>

What Is Ethereum Classic?

What Is Ethereum Classic?

Ethereum Classic is a public distributed (blockchain based) decentralized platform that features scripting or smart contract functionality. This open-source platform offers Ethereum Virtual Machine (EVM) that can easily execute scripts by making use of public nodes on global network. In addition, it also provides a token known as classic ether that can be stored in the wallet and transferred in between the users in order to compensate the nodes required for making computations. Ethereum platform is divided in two versions Ethereum (ETH) and Ethereum Classic (ETC). Ethereum Classic is a result of Ethereum Foundation disagreement with DAO Hard Fork. This united the Ethereum community members that rejected hardfork on different things. The technical hard fork helps in adjusting EVM opcodes internal prices on 25th October 2016. The aim of hard fork is to make rational payments distribution. In 2017, hard fork delayed bomb complexity. The second hard work is going to be implemented in late 2017 that will aim at monetary policy changes somewhat similar to Bitcoin. Classic Ether token is usually sold on digital currency exchanges under ETC. The internal transaction mechanism Gas is used to avoid spams and assign resources as per the request. Continue reading >>

Ethereum Classic - Wikipedia

Ethereum Classic - Wikipedia

Ethereum Classic is an open-source , public, blockchain -based distributed computing platform featuring smart contract (scripting) functionality. [1] [2] It provides a decentralized Turing-complete virtual machine , the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum Classic also provides a value token called "classic ether", which can be transferred between participants, stored in a cryptocurrency wallet and is used to compensate participant nodes for computations performed. The classic ether token is traded on cryptocurrency exchanges under the ticker symbol ETC. Gas, an internal transaction pricing mechanism, is used to prevent spam on the network and allocate resources proportionally to the incentive offered by the request. [3] [4] [5] [6] The Ethereum platform has been forked into two versions: "Ethereum Classic" (ETC) and "Ethereum" (ETH). Prior to the fork, the token had been called Ethereum. After the fork, the new tokens kept the name Ethereum (ETH), and the old tokens were renamed Ethereum Classic" (ETC). Ethereum Classic appeared as a result of disagreement with the Ethereum Foundation regarding The DAO Hard Fork. It united members of the Ethereum community who rejected the hard fork on philosophical grounds. Users that owned ETH before the DAO hard fork (block 1920000 [7] ) owns an equal amount of ETC after the fork. Ethereum Classic passed a technical hard fork to adjust the internal prices for various opcodes of the Ethereum Virtual Machine (EVM) on October 25, 2016, similar to the hard fork committed by Ethereum a week previously. The purpose of the hard fork was a more rational distribution of payments for resource-intensive calculations, which led to the elimination of the favorable con Continue reading >>

The Case For Ethereum Classic

The Case For Ethereum Classic

Altcoins , cryptocurrency , DAO , ETC , ETH , Ethereum , Ethereum Classic , hard fork , Opinion , poloniex No comments I am actually a huge fan of Vitalik Buterins. As a writer, when people ask me who I like to read and learn from, Vitaliks one of the first names I mention. He helped shape my thoughts on the beauty of immutable ledgers. That is why I was so upset when the DAO Project imploded. Because as intelligent as he and his fellow developers are, they are human beings, which makes them subject to normal pressures and biases. $50 million is a lot of money to most people, but especially for a young, grassroots group led by an inexperienced boy genius. That much money should never have been invested in such an experimental and community-backed project this early in the cryptocurrency game. Unfortunately, it was; a brilliant hacker/not-hacker inevitably took the bait, and there was nothing Vitalik could realistically do about it. The DAO wasnt his project. Disgruntled investors, however, would surely turn to him, and since their ranks included significant Ethereum minerswhose support the network needsthe hard fork was really a foregone conclusion. Its due to those extenuating circumstances that I still like the Ethereum team, and am sympathetic to their situation. Everyone makes mistakes. For better or worse, however, the cryptocurrency market operates on the principles of rational self interest, with game theory being a popular area of study, so mistakes have to have consequences. Otherwise, they will happen again. Ethereums leadership cannot simply promise not to fork again because it will be outside of their control. The precedent here is that they will cave in the face of sufficient pressure, and they cannot prevent investors from making massive mistakes again in Continue reading >>

How To Claim Your Callisto Clo Coins Ethereum Classic Etc Coinswap Fork

How To Claim Your Callisto Clo Coins Ethereum Classic Etc Coinswap Fork

How To Claim Your Callisto CLO Coins Ethereum Classic ETC CoinSwap Fork Step By Step Instructions to Claim Callisto Coins After ETC CoinSwap. FREE CLO! So you want to know how to claim the ETC hard forked Callisto ($CLO) coins that you are eligible to receive if you hold Ethereum Classic ($ETC) on or before block5,500,000? Everything you need to know and do is right here! Actually it isnt really a hard fork. Callisto will have its own blockchain .. a SIDE CHAIN to Ethereum Classic. You can check for the current block height. According to calculations, the ETC fork will occur between the 2nd and the 5th of March 2018. Ethereum Classic (ETC) holders will receive coins from a snapshot fork called Callisto (CLO). The clone will be an exact copy of the ETC chain up until block 5,500,000. ETC holders will receive a 1:1 ratio of CLO coins. Right now as I write this article, the Ethereum Classic Blockchain last block is5440719. In addition, the present price of $36.94 is relatively inexpensive due to the moderately bearish market. I am not giving you financial advice, but if you want to participate, then this may be the prime time to purchase a bag of ETC. No exchanges have announced an official stance on the Ethereum Classic / Callisto coin swap fork except for HitBTC . It really depends upon the exchange whether they will give them to you. So dont take the chance! Transfer your ETC to a wallet where you own the private key! Technically speaking no wallets supportANY forks. Your coins will ALWAYS be sitting on the blockchain waiting for you to find a way to get your private key and transfer them. NO PRIVATE KEY = YOURE OUT OF LUCK! These three wallets are guaranteed to issue the Callisto coins and you DO NOT HAVE TO DO ANYTHING! MyEtherWallet (MEW) it is not yet sure if the M 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 >>

Home Ethereumproject/go-ethereum Wiki Github

Home Ethereumproject/go-ethereum Wiki Github

This is an open source project made by and for a passionate and welcoming community . The ETCDEV team is lead by @splix, and Go-Ethereum's lead developer is @whilei (who goes by @ia on Slack). Get yourself an invitation to Slack , read the Contributing Guidelines , and find or make an issue . # Go get it! (get it? ;-)go get github.com/ethereumproject/go-ethereum/...# Install binary 'geth' to $GOPATH/bin:# Note: You can run this command from $cwd.# Note: Ensure $GOPATH/bin is added to your $PATH.go install github.com/ethereumproject/go-ethereum/cmd/geth# Or, install all executables, including geth:go install github.com/ethereumproject/go-ethereum/cmd/...# check it out!geth --help See the Testing Wiki page for information on unit, integration, and external tests. Geth outputs stderr to the console. Output from the console can be logged or redirected: Additionally, you may can use --log-dir=PATH to specify a directly in which geth will write it's logs to a timestamped file. You can also use geth attach to begin a Javascript console session with an already-running instance of geth; just use a second terminal. Please browse our FAQ Wiki page to see if there's already an answer to your question. If there isn't, please file an issue or get in touch with us on Slack (#help or #development channels, preferably). Security issues are best sent to [email protected] , [email protected] , or shared in PM with devs on one of the Slack channels. Non-sensitive bug reports are welcome on Github. Please always state the version (on master) or commit of your build (if on develop), give as much detail as possible about the situation and the anomaly that occurred. Provide logs or stacktrace if you can. Ethereum is joint work of ETCDEV and the community. Continue reading >>

The Dao, The Hack, The Soft Fork And The Hard Fork

The Dao, The Hack, The Soft Fork And The Hard Fork

The DAO, The Hack, The Soft Fork and The Hard Fork We'll try to briefly cover: how and why The DAO was created, how The DAO was exploited, how the soft fork failed miserably, and why everyone was relievedit did so, and how the hard fork lead to a split community and the creation of Ethereum Classic . Part 1 - The DAO - Venture fund evolution The Decentralized Autonomous Organization (known as The DAO)wasmeant to operate like a venture capital fund for the crypto anddecentralizedspace. The lack of a centralized authority reduced costs and in theory provides morecontroland accessto the investors. At the beginning of May 2016, a few members of theEthereum community announced the inception of The DAO , which was also known as Genesis DAO.It was built as a smart contracton the Ethereumblockchain. Thecodingframework was developed open sourceby the Slock.it team butitwas deployed under "The DAO" name by members of the Ethereum community. The DAO had a creation period during which anyone was allowed to send Ether to a special wallet address in exchange for DAO tokens on a 1-100 scale. The creation period was an unforeseen success as it managed to gather 12.7 Ether (worth around $150M at the time), making it thebiggest crowdfund ever. At some point, when Ether was trading at $20, the total Ether from The DAO was worth over $250 million. The DAO wasa complex Smart Contract with many featuresand it should have allowed companiesto make proposals for funding. Once a proposal waswhite-listedbyone of the curators , the DAO token holders (aka DAO investors)would then need to vote on the proposal. If the proposal got a 20% quorum the requested funds would bereleasedintothewhite-listedcontractor's wallet address.Theteam of curators that couldwhite-listaddresses was put in place in order Continue reading >>

What Exactly Is Ethereum Classic?

What Exactly Is Ethereum Classic?

After the Dao hack', the ethereum foundation decided to fork the project completely, this created a new forked officially supported chain called ethereum' but also was not able to stop the original chain now called ethereum classic. Ethereum classic is lead by a group of rebels who were unhappy with the fork as it was the opposite to the immutability that people were promised with ethereum, which had previously stated, code is law' This is the easiest to understand version of the answer I could find. I can not add anything to this, so have left in its original form. The Ethereum hard fork executed last week as a means of reimbursing investors who lost funds in the collapse of a major project has resulted in the creation of a competing currency on a blockchain replicating the platforms original consensus rules prior to the fork. Announced last week, a project called Ethereum Classic is continuing to mine a version of the blockchain in which funds were never restored to investors in The DAO. As observed here , the Ethereum Classic blockchain is now approximately 4,000 blocks behind the ethereum blockchain supported by ethereums original developers and community members. Initially dismissed due to a lack of vocal support, that narrative is now changing as digital currency exchanges and wallet providers move to extend services to those using the Ethereum Classic blockchain. The increase in institutional support has created new momentum for a project that has been active for days without support from miners, exchanges and other key components to an open blockchain ecosystem. However, earlier today , Poloniex, long the largest exchange for ethers (ETH), the digital currency native to the ethereum blockchain (sometimes referred to now as Ethereum Core or Ethereum One), added Continue reading >>

Ethereum Classic (etc)

Ethereum Classic (etc)

Ethereum Classic (ETC) is a cryptocurrency created as a result of hard forked of Ethereum (ETH). Ethereum Classic focuses on smart contract. Slogan: Decentralized, immutable, unstoppable. Ethereum hard forked into Ethereum and Ethereum Classic on 20 Jul 20 2016, on block 1920001, which is the DAO hard fork. Ethereum vs Ethereum Classic: What is the difference? For this video we'll be talking about Ethereum and Ethereum Classic, what is the difference. Because let's face it, a lot of people are complicated, it's complicated enough within the cryptocurrency space. Might as well new people coming in understanding Bitcoin, viewing Bitcoin, and also an understanding Ethereum, then they realize it though, oh there's something called a Ethereum Classic. And there is I would say confusion among the general populace about this. So hopefully by now and explained to you in a very high-level simplistic way why there are two Ethereum and so what is the difference between the two. So let's rewind back say Y year and a half ago where this whole thing started. Okay so before there was two Ethereum, there was obviously regular Ethereum. About a year or a half ago, something was created called DAO, decentralized autonomous organization. Think of it like a crypto hedge fund or crypto venture capitalist fund online. It raised about 150 million dollars at its peak worth of American value, I don't know how many Ethereum tokens was back in the day. However there's a huge problem because the code itself wasn't that well built, let me put it that way okay. So now that raised 150 million dollars of US currency in Ethereum that is and they have a virtual crypto fund. And along came an individual, individuals, we don't know who this person a person was, and they took about 50 million dollars. Wel Continue reading >>

More in ethereum