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#EthereumClassic at $7000 per ETC? Here's why...
- No move fast, break it, fork it, fix it
- Unique positioning: PoW + smart contract + fixed monetary policy niche
- Ethereum's migration to Proof-of-Stake: Where'd all the miners go?
etherplan.com/2021/01/03/how… via @CryptoEtherplan
10 years ago: $ETC’s first upgrade as an independent chain to solve the gas issue created by the 2016 Shanghai attacks.
$ETC hashrate 🔥🔥🔥
Ethereum Classic hashrate, up ~38% since September.🔥
Sept 1: ~150 TH/s
Oct 25: ~207 TH/s
More hashrate. More energy. More security.
#EthereumClassic #ClassicIsComing (source: @bitinfocharts)
Classic is Coming retweeted
Not one day in September went by without a new smart contract deployed on #EthereumClassic.
• Total: 1,309
• Daily average: ~44
• Busiest day: 10 Sept, 142
Same EVM you already build on. From our public BigQuery dataset. The query is in the reply.
Things you need to mine $ETC
✅ Hardware
✅ Electricity
✅ An internet connection
Things you don’t need:
❌ 2 clients running 24/7
❌ 32 ETH
❌ Anyone’s approval
#EthereumClassic #ClassicIsComing
Ten years ago this week, #EthereumClassic hard forked for the first time.
Not to undo a hack. To fix a bug.
ECIP-1015 stopped the 2016 Shanghai spam attacks, three months after ETC said no to forking over The DAO.
10 years and running.
#ClassicIsComing
ethereumclassic.org/blog/201…
This is what open source #blockchain infrastructure looks like.
Project Triforce is a grid of #EthereumClassic nodes run by @classix_dev, serving as public RPC and watching the network: blocks, reorgs, the mempool and every peer it can see.👀
Four clients. Three providers. Three regions.🌎
See for yourself: triforce.classix.dev
#ClassicIsComing
Ethereum Classic Network Stats 📊
$ETC $7.41 -3.25% today
$1.18B Market Cap💰
$64.55M Total Trade Vol 📉
$95.01M OI📉
$115,736 ETC #DeFi TVL
$434.59 Avg Tx Value 📈 +34.15%
226.85Th/s Hashrate ⚡️
8,593 Daily Transactions 💳📉
4,977 Daily Active Addresses 📉
0.062¢ USD Avg Tx Fee
501,038 ETC ($3,734,396) Total sent 📈 +10.67%
#EthereumClassic #ETCStats #ClassicIsComing
Classic is Coming retweeted
Plenty of people call #EthereumClassic “the old Ethereum" - a relic.
It’s really a computer no one owns:
→ Programs, data and a processor
→ Run by nodes all over the world
→ Powering dApps, smart contracts and is a store-of-value
No company to shut it down. No admin to change the rules.🍀
Classic is Coming retweeted
ETC Community Call #62 Now Live.🔥
• @classix_dev reflects on their trip to #TOKEN2049
• Preconfirmations and native stablecoins on $ETC
• What’s in the next core-geth v1.12.24 release
• Using Google BigQuery plus Alex from ETCMC joins
#EthereumClassic #ETCCC #ClassicIsComing
youtu.be/v8z06gxIPXI
$ETC hashrate is on a run. 🔥
+10% in 24 hours
+19% in 1 week
+38% since the September low
Now at ~207 TH/s.
More hashrate = more secure.
#EthereumClassic #ClassicIsComing
Classic is Coming retweeted
ETC Community Call #62 🍀 Bunker Mode
We talked in-depth about the quantum and AI threat to ECDSA and where $ETC stands, what's planned for the next core-geth v1.12.24 release, a look back at our trip to #TOKEN2049 and a lot more.
Listen below. 🎧
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
youtube.com/watch?v=v8z06gxI…
Your weekend listen 🎧
"Code is law" gets quoted constantly. Rarely explained.
On ETC Community Call 16, Donald McIntyre traces it back to the founding documents and lays out the ten principles underneath it.
Press play 👇
#EthereumClassic #ETCCC
youtube.com/watch?v=PQG0kD_6…
ETC daily transactions, August vs. October
Early Aug: ~7–8K on a typical day📉
Mid-Oct: ~10–11K, with a spike past 13K🔥
~40% more activity in under three months.📈
I ran it myself on the $ETC dataset in Google BigQuery.🧑🏻💻
Don’t trust, verify. Query in the replies 👇
#EthereumClassic #ClassicIsComing
ETC Community Call #62 Now Live.🔥
• @classix_dev reflects on their trip to #TOKEN2049
• Preconfirmations and native stablecoins on $ETC
• What’s in the next core-geth v1.12.24 release
• Using Google BigQuery plus Alex from ETCMC joins
#EthereumClassic #ETCCC #ClassicIsComing
youtu.be/v8z06gxIPXI
Plenty of people call #EthereumClassic “the old Ethereum" - a relic.
It’s really a computer no one owns:
→ Programs, data and a processor
→ Run by nodes all over the world
→ Powering dApps, smart contracts and is a store-of-value
No company to shut it down. No admin to change the rules.🍀
$ETC hashrate in early September: ~144 TH/s 📉
Today: ~187 TH/s 🔥
More machines, more energy, and more real-world cost standing securing every transaction.⚡️
Security isn’t a promise. It’s a number, and it’s going up. 📈
#EthereumClassic #ClassicIsComing
Classic is Coming retweeted
The 2016 fork split the chain. It didn’t split the research.
ETC upgrades keep bringing in Ethereum EIPs: Byzantium with Atlantis, Istanbul with Phoenix, most recently Shanghai with Spiral.
#Ethereum’s research makes $ETC better, and every EIP that crosses over gets a second life on proof of work.
We’d like more ideas to cross the fork in both directions.
More in our TOKEN2049 reflections:
classix.dev/reflections-on-t…
Classic is Coming retweeted
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
youtube.com/watch?v=v8z06gxI…
















