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ETC = ETH + BTC
01 - Proof of Work
Ethereum Classic adheres to the Proof of Work(PoW) consensus mechanism, a system that ensures the highest levels of decentralization,security, and censorship resistance. By leveraging PoW, ETC maintains the integrity and trust that have made Bitcoin successful,while offering a platform for developers and innovators.
02 - Hard Money
ETC features a fixed monetary policy with a capped supply, similar to Bitcoin. This makes ETC a deflationary asset, offering a hedge against inflation and establishing itself as hard money in the crypto ecosystem.
03 - Programmable
As a Turing-complete blockchain, Ethereum Classic supports smart contracts and decentralized applications (DApps). This programmability enables ETC to power a wide range of use cases, including decentralized finance (DeFi), tokenized assets, and nonfungible tokens (NFTs).
04 - Fully Replicated
Every node in the ETC network retains a full copy of the blockchain, ensuring data integrity, transparency, and resilience. This fully replicated structure enhances ETC s reliability and makes it robust against data loss or tampering.
05 - Composable DApps
ETC enables the seamless interoperability of decentralized applications, allowing developers to build on existing contracts and integrate functionalities with ease. This composability fosters innovation and collaboration within the ETC ecosystem.
06 - Largest PoW Smart Contracts Blockchain
ETC is built on the principle of Code is Law, ensuring that blockchain data is immutable and unalterable. This immutability guarantees that ETC remains a neutral and trusted platform, immune to the influence of centralized entities or external pressures.
07 - Security
Security is paramount for Ethereum Classic. Its PoW mechanism, combined with a decentralized network structure, ensures resistance against attacks and provides a secure foundation for applications and transactions.
08 - Immutability
ETC is built on the principle of Code is Law, ensuring that blockchain data is immutable and unalterable. This immutability guarantees that ETC remains a neutral and trusted platform, immune to the influence of centralized entities or external pressures.
09 - EVM-Based
Ethereum Classic is an EVM-based blockchain, utilizing the same Ethereum Virtual Machine (EVM) that powers Ethereum. This enables seamless support for all Ethereum-based smart contracts and decentralized applications (DApps).
- Effortless Migration: Developers can deploy existing Ethereum projects on ETC without significant modifications, saving time and resources.
- Developer-Friendly: ETC supports the same developer tools as Ethereum, ensuring a smooth transition for developers.
- Cost-Effective Expansion: ETCs lower transaction fees and robust security provide an attractive alternative for projects looking to scale their applications beyond Ethereum.
10 - ETC = BTC + ETH
Ethereum Classic uniquely blends Bitcoin seconomic model with Ethereum sprogrammability. It serves as digital gold while enabling smart contract functionality, making it a one-of-a-kind blockchain that bridges the best of both worlds.
ETC Ecosystem
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About Us
EGD (ETC Grants DAO) is a non-profit autonomous organization composed of Ethereum Classic (ETC) enthusiasts, supporters, and developers. EGD is committed to promoting the growth of the ETC ecosystem and ensuring its long-term development.
Our Mission
To ignite a revolution within the Ethereum Classic ecosystem by empowering projects that embody innovation, resilience, and growth. Together with the global ETC community, we strive to position ETC as the leading blockchain for smart contracts, celebrated for its unparalleled security, decentralization, and censorship resistance.
Our short-term mission:
Propel ETC's value to achieve the goal of 10 ETC = 1 ETH, demonstrating the untapped potential of Ethereum Classic as both a financial and technological powerhouse.
Our short-term mission:
Propel ETC's value to achieve the goal of 10 ETC = 1 ETH, demonstrating the untapped potential of Ethereum Classic as both a financial and technological powerhouse.
Our Vision
To transform Ethereum Classic into a beacon of decentralization and trust in the blockchain world.
As Ethereum shifts to Proof of Stake, ETC remains steadfast as the premier Proof of Work blockchain, delivering superior security, unmatched decentralization, and unyielding censorship resistance.
We envision ETC as the world's secure and immutable decentralized computer, driving the Web3.0 era and beyond, empowering communities, and reshaping industries globally.
As Ethereum shifts to Proof of Stake, ETC remains steadfast as the premier Proof of Work blockchain, delivering superior security, unmatched decentralization, and unyielding censorship resistance.
We envision ETC as the world's secure and immutable decentralized computer, driving the Web3.0 era and beyond, empowering communities, and reshaping industries globally.
Our Values
1. Proof of Work
2. Code Is Law
3. Transformative Technology
2. Code Is Law
3. Transformative Technology
History
Origins of the Program:
In July 2022, BITMAIN and ANTPOOL pledged a total of $10 million to fund projects within the Ethereum Classic ecosystem.
Fund Allocation:
The ETC Cooperative contributed an additional $250,000 to the program, further supporting the development of innovative projects within the ecosystem. However, due to financial constraints, ETC Cooperative announced in late 2024 that it would no longer participate in future funding rounds.
Despite ETC Cooperative’s withdrawal, the EGD Grants Program remains fully committed to supporting the growth and innovation of the Ethereum Classic ecosystem. BITMAIN and ANTPOOL continue to uphold their funding commitments, ensuring the program’s long-term impact and sustainability. Together with the global community, EGD is dedicated to empowering projects that will shape the future of Ethereum Classic.
In July 2022, BITMAIN and ANTPOOL pledged a total of $10 million to fund projects within the Ethereum Classic ecosystem.
Fund Allocation:
- 50% is held as Tether (USDT) in a Safe multisig wallet on the Ethereum mainnet.
- 50% was used to purchase $ETC in November 2022, stored in a Safe multisig wallet on the Ethereum Classic mainnet.
The ETC Cooperative contributed an additional $250,000 to the program, further supporting the development of innovative projects within the ecosystem. However, due to financial constraints, ETC Cooperative announced in late 2024 that it would no longer participate in future funding rounds.
Despite ETC Cooperative’s withdrawal, the EGD Grants Program remains fully committed to supporting the growth and innovation of the Ethereum Classic ecosystem. BITMAIN and ANTPOOL continue to uphold their funding commitments, ensuring the program’s long-term impact and sustainability. Together with the global community, EGD is dedicated to empowering projects that will shape the future of Ethereum Classic.
Join Us
EGD is building a brighter future for Ethereum Classic by supporting innovation and empowering developers worldwide. Whether you’re an enthusiast, builder, or contributor, we welcome you to be part of the journey.