Ethereum Classic

The original Ethereum blockchain

Ethereum and Ethereum Classic came to be split due to a hard fork in 2016. Both blockchains hold the same record data till July that year, but after the fork, Ethereum Classic was born to hold the original blockchain principles. Is available over Mainnet and Mordor networks.

Ethereum vs. Ethereum Classic

Both blockchains were one once. So what differences does Ethereum Classic hold now? It uses Proof of Work concept as a consensus algorithm, where miners submit valid hash for the validation of their blocks, and has also a hard cap at 210 million, where rewards are cut by 20% every 5 million blocks.