Ethereum Classic

Latest News and Information from Ethereum Classic (ETC). A crypto-currency with smart contracts which respects immutability and neutrality.

[Ethereum Classic @eth_classic]

This tweet was generated by an automated process.

The #EthereumClassic community is collaboratively building a new primary ETC Twitter account. We are “tweeting together” on this new account. Content is proposed in GitHub and reviewed for quality and relevance.

[Ethereum Classic @eth_classic]

Nine years ago this week, industry leaders, investors, and the crypto community gathered for the first ETC Summit in Hong Kong.🇭🇰

200+ in the ballroom, 29K+ on the livestream.

The big question in 2017: would the chain last?

It did.

Were you there? Show us 👇

[Ethereum Classic @eth_classic]

For 9 years, the @ETCCooperative stood behind Ethereum Classic: coordinated network upgrades, awarded grants to builders, helped manage crises during the 51% attacks in 2019-2020, and did all the unglamorous work in between.

We thank you all. 💚

https://t.co/txE9BcHmY3

[ETC Cooperative @ETCCooperative]

ETC Cooperative has begun winding down its operations. Since 2017 we've supported Ethereum Classic through protocol, infrastructure, tooling, education and community funding. Thank you to everyone who built this with us.

Details👇
https://t.co/wK6eBXATUv

[Ethereum Classic @eth_classic]

A smart contract is only as final as the chain underneath it.

On Ethereum Classic, that’s proof-of-work: real energy, spent block by block.⚡️

Hashrate is up about 50% since September, and your code inherits that security.

Programmable Digital Gold.

https://t.co/Y29RTm0v05

[Ethereum Classic @eth_classic]

Ethereum Classic block rewards:
Era 4: 2.56 ETC -20%
Era 5: 2.048 ETC -20%
Era 6: 1.6384 ETC -20%

The latest came in July, on schedule.

Even as block rewards drop, miners still added about 50% to the network’s hashrate since September.

Real energy. Set rules.

ETC is Money

source (@pool2miners)

[Ethereum Classic @eth_classic]

Plenty of people call Ethereum Classic “the old Ethereum".. a relic.

It’s really a computer no one owns:

→ Programs, data, and a processor
→ Run by nodes worldwide
→ Powering dApps, smart contracts and is a store-of-value

No company to shut it down. No admin to change the rules.

[Ethereum Classic @eth_classic]

No pivot to AI.
No pivot to gaming.
No pivot to the metaverse.

Ethereum Classic is still the chain it chose to be in 2016: proof-of-work, smart contracts and a ledger nobody gets to rewrite.

Ten years. Same answer.

[Ethereum Classic @eth_classic]

ETC is now on @BackpowCom, a PoW oracle for miners. See what it really costs to mine ETC, your odds of solo mining a block, and the math behind both.⚡️

https://t.co/HXf4Mnpeiu

[Backpow @BackpowCom]

Ethereum Classic is still mined at a profit, but only by a few ASICs

Cheapest: Jasminer X44-Q at $4.31 per ethereum-classic:native while spot sits at $6.93. 5 of the 12 cheapest machines clear it, the other 7 cost $7.94 and up 👇🧵

[Ethereum Classic @eth_classic]

Bitcoin: halves every 210,000 blocks.
Ethereum Classic: −20% every 5,000,000 blocks.

Different clocks. Same rule.
Issuance by algorithm, not anyone’s judgment.

[Ethereum Classic @eth_classic]

Such an amazing night in Mumbai 🇮🇳

Thanks to everyone who joined us to chat about Ethereum Classic, and a special thanks to @BobSummerwill for capturing these wonderful moments!💚

https://t.co/GDmvnKzEdX

[Bob Summerwill @ DEVCON8 🇮🇳 @BobSummerwill]

At the @eth_classic event in Mumbai this evening, with @Istora_ETC and @diega of @classix_dev.

[Ethereum Classic @eth_classic]

This is what open source blockchain infrastructure looks like.

Project Triforce: a grid of Ethereum Classic nodes serving public RPC and watching blocks, reorgs, the mempool and every peer. 👀

Four clients. Three providers. Three regions.🌎

See it live: https://t.co/ZD8beH0Etp

[Ethereum Classic @eth_classic]

@Classic_Kevin_ @ClassicIsComing @CoWSwap @tokenterminal 💚 🐮

[Ethereum Classic @eth_classic]

Nobody buys ASICs and pays for power to mine a coin they think is going to zero.⛏️🔥

https://t.co/hqtsRSv1II

[Classic is Coming 𐲓 @ClassicIsComing]

ETC hashrate just hit 225 Th/s, its highest in almost a year and up ~50% since September.🔥

That’s real capital and energy.💰⚡️

Nobody buys ASICs and pays for power to mine a coin they think is going to zero.

Hashrate is the vote miners make with their own money.

[Ethereum Classic @eth_classic]

Of the seven largest proof-of-work chains, only one runs the EVM.🍀

[Ethereum Classic @eth_classic]

July 30, 2015: genesis.

July 20, 2016: Ethereum forked to reverse The DAO hack. Ethereum Classic keeps the original chain running.

Today: 25,650,000 blocks and counting.

Ten years of upgrades. Not one to rewrite history.

[Ethereum Classic @eth_classic]

Missed this one?

The threat to ECDSA might not need a quantum computer. Some researchers warn that AI-assisted math could get there first.

Community Call #62 covers what that means and where Ethereum Classic stands.

https://t.co/WN64Vjyyau

[Ethereum Classic @eth_classic]

Why doesn’t Bitcoin just add smart contracts?

Its scripting is limited on purpose. That’s part of what keeps it simple and highly secure.

Ethereum Classic pairs the same proof-of-work security with a full virtual machine, the EVM.

Programmable Digital Gold.🍀

[Ethereum Classic @eth_classic]

Why doesn’t Bitcoin just add smart contracts?

Its scripting is limited on purpose. That’s part of what keeps it simple and highly secure.

Ethereum Classic pairs the same proof-of-work security with a full virtual machine, the EVM.

Programmable Digital Gold.🍀

[Ethereum Classic @eth_classic]

Missed this one?

The threat to ECDSA might not need a quantum computer. Some researchers warn that AI-assisted math could get there first.

Community Call #62 covers what that means and where Ethereum Classic stands.

https://t.co/WN64Vjyyau

[Ethereum Classic @eth_classic]

ETC Community Call #62 is live.🔥

• Where ETC stands on the quantum threat to ECDSA.
• What’s planned for the next core-geth release.
• Are preconfirmations and native stablecoins a good fit for $ETC?

Reflections on #TOKEN2049, and Alex from ETCMC.

#EthereumClassic #ETCCC #ClassicIsComing

https://t.co/iyU6nUXndU

[Ethereum Classic @eth_classic]

July 30, 2015: genesis.

July 20, 2016: Ethereum forked to reverse The DAO hack. Ethereum Classic keeps the original chain running.

Today: 25,650,000 blocks and counting.

Ten years of upgrades. Not one to rewrite history.

[Ethereum Classic @eth_classic]

They’ve written Ethereum Classic’s obituary every cycle since 2016.

2018: dead.
2020: dead.
2022: dead.
2024: dead.
2026: still here.