{"id":5349,"date":"2026-09-08T00:02:43","date_gmt":"2026-09-07T15:02:43","guid":{"rendered":"https:\/\/blog.yeoshin.co.kr\/en\/ethereum-classic-etc-explained\/"},"modified":"2026-09-08T00:03:04","modified_gmt":"2026-09-07T15:03:04","slug":"ethereum-classic-etc-explained","status":"publish","type":"post","link":"https:\/\/blog.yeoshin.co.kr\/en\/ethereum-classic-etc-explained\/","title":{"rendered":"Ethereum Classic (ETC) Explained: The Original Blockchain"},"content":{"rendered":"

\"The<\/p>\n

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[Ethereum Classic (ETC)]<\/strong> Ever wondered why there are two Ethereums? Dive into the fascinating history and mechanics of Ethereum Classic, the original blockchain that refused to rewrite history.<\/div>\n

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I still remember the first time I started exploring the world of cryptocurrencies. I wanted to buy some Ethereum, but when I searched on an exchange, two names popped up: Ethereum (ETH) and Ethereum Classic (ETC). I was so confused! Which one was the “real” one? Have you ever had a similar experience? \ud83d\ude0a It’s a common stumbling block for many beginners in the crypto space. Today, I want to take you on a journey to understand exactly what Ethereum Classic is, why it exists, and whether it’s still relevant today.<\/p>\n

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The Birth of Ethereum Classic \ud83e\udd14<\/strong><\/h2>\n

To understand ETC, we have to travel back to 2016. At that time, the Ethereum network was booming, and a massive project called “The DAO” (Decentralized Autonomous Organization) was launched. However, a hacker found a loophole and stole millions of dollars’ worth of Ether.<\/p>\n

The Ethereum community faced a massive dilemma. Do they alter the blockchain’s history to return the stolen funds to investors, or do they stick to the fundamental rule that “Code is Law”<\/span> and the blockchain must remain immutable? The majority chose to rewrite history, creating what we now know as Ethereum (ETH). However, a passionate minority refused to alter the ledger. They stayed on the original, unaltered blockchain, which became Ethereum Classic (ETC)<\/strong>.<\/p>\n

\ud83d\udca1 Did you know!<\/strong>
Ethereum Classic is actually the original Ethereum blockchain! It preserves the exact history of the network prior to the famous 2016 DAO hack.<\/div>\n

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ETH vs. ETC: What’s the Difference? \ud83d\udcca<\/strong><\/h2>\n

While they share the same origin, ETH and ETC have grown into entirely different ecosystems over the years. The most significant difference today is how they secure their networks.<\/p>\n\n\n\n\n\n\n\n
Feature<\/th>\nEthereum (ETH)<\/th>\nEthereum Classic (ETC)<\/th>\n<\/tr>\n<\/thead>\n
Consensus Mechanism<\/td>\nProof of Stake (PoS)<\/td>\nProof of Work (PoW)<\/td>\n<\/tr>\n
Supply Limit<\/td>\nInfinite (with burn mechanics)<\/td>\nCapped at 210.7 million ETC<\/td>\n<\/tr>\n
Philosophy<\/td>\nSocial consensus & upgrades<\/td>\nCode is Law (Immutability)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\u26a0\ufe0f Warning:<\/strong>
Because ETC relies on Proof of Work and has a smaller network hash rate compared to Bitcoin, it has historically been susceptible to “51% attacks.” Always consider security risks when investing!<\/div>\n<\/div>\n

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Mining & Economics of ETC \ud83e\uddee<\/strong><\/h2>\n

Since Ethereum transitioned to Proof of Stake (an event known as “The Merge”), many crypto miners needed a new home for their hardware. Ethereum Classic became a prime destination! I find it fascinating how miners migrated to keep their equipment running.<\/p>\n

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\ud83d\udcdd Example: Miner Revenue Calculation<\/h3>\n

Let’s say you want to estimate your potential mining revenue. The basic formula is:<\/p>\n

Revenue = (Your Hashrate \/ Total Network Hashrate) × Block Reward × Blocks per Day<\/strong><\/p>\n

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  • Step 1: Determine your rig’s hashrate (e.g., 500 MH\/s).<\/li>\n
  • Step 2: Check current network hashrate and difficulty.<\/li>\n
  • Step 3: Subtract your electricity costs from the gross revenue.<\/li>\n<\/ul>\n<\/div>\n
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    \ud83d\udd22 Simple Crypto ROI Estimator<\/h3>\n

    Enter your investment amount and expected growth percentage to see your potential return.<\/p>\n

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    Investment Amount ($):<\/div>\n

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    Expected Growth (%):<\/div>\n

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