Ethereum Classic Logo

Ethereum Classic


All the latest news about Ethereum Classic

See all news

Alchemy Pay and ETC Grants DAO Partner to Support Compliant Fiat On-Ramp for ETC

The Alchemy Pay team announced via a blog post on Friday that it partnered with ETC Grants DAO (EGD), enabling users to purchase $ETC directly using various mainstream fiat payment methods and currencies via its fiat on-ramp solution.

 Hassan Maishera

Singapore's DBS Bank holding $650M Ether? Nansen flags whale holdings

Nansen believes the crypto wallet already earned $200 million by holding ETH.

 Nikolas Sargeant

Spot Bitcoin ETFs Approved But Ether Rallies Above $2,600

The US SEC approved spot Bitcoin ETF applications a few hours ago but Ether has outperformed since then, rising by more than 9% to break the $2,600 barrier.

 Hassan Maishera


Find the exchange with the lowest fees, best methods for depositing or your geographical area and start trading Ethereum Classic

See all exchanges


4.1 based on 2384 votes


3.92 based on 322 votes


3.89 based on 1105 votes


Want to leave your cash at home? These cards support Ethereum Classic.

See all cards Visa Card

3.46 based on 760 votes

Nexo Card

3.24 based on 355 votes

Coinbase Card

3.07 based on 206 votes


So you've made a little Ethereum Classic and now you want to spend it? These are the places to do it!

See all merchants

Pita Barcelona Watches

4.57 based on 14 votes

Cryptoholic Shop

4.4 based on 5 votes


4.36 based on 17 votes


Find the wallet that suit your security, ease of use and anonymity needs for Ethereum Classic.

See all wallets


3.91 based on 45 votes

Ledger Nano X

3.83 based on 47 votes

Ledger Nano S

3.77 based on 188 votes


Learn more about Ethereum Classic.

When investing in virtual currency, you need to do your research. We provide you with reviews of each world top cryptocurrency out there, so that you can find the best crypto coins to invest in for you. This is a review of Ethereum Classic.

Ethereum Classic is an open software platform based on blockchain technology. Ethereum Classic is very similar to Ethereum, with features such as decentralized applications and smart contracts. The main difference between the two begins with the DAO hack.

One of the most interesting concepts in the world of cypto is the idea of a decentralized autonomous organization (a “DAO”).  Here’s a concise explanation of what a DAO is precisely, what they do, why they exist, and what they are able of.

A DAO is an exceptional organizational scheme in that it aims to work without much tinkering. DAO is an organization that can imitate a large number of the similar functions of a conventional corporation or business. However, the difference is that it does so without becoming bogged down in bureaucracy from committee governance or similar.

Cutting the human intermediaries out of the operation seems a bit eccentric to most people. That is also why the way a DAO works is so hard to comprehend. A DAO can, theoretically, run itself without having to be fiddled with by individuals at all.

So how does a DAO run itself? First and primary, a DAO is an organization that uses so-called “smart contracts”. The rules of behavior programmed into computer programs, to govern itself. What this means is that there’s not anyone “in charge” of a DAO in the conventional sense. However, a more mundane company a DAO operates through smart contracts without human intervention.

It really does not mean that a DAO cannot change its behavior. Members of a particular DAO have the capability to propose changes to the organization’s blockchain. However, with adequate consensus, the rest of the members can then take up those changes. Otherwise, they are rejected and the DAO’s governance remains unchanged.

On June 18, 2016, a hacker attacked the DAO smart contracts and was able to steal 3.6M Ethers, worth approximately $50 million at the time. This shocked the community and cause the price of Ether to drop from $20 to $11.

After the hack, the community quickly came together to decide on a fix. The large majority agreed to hard fork the Ethereum blockchain, which would undo the hack and return the stolen Ether. However, there was a minority group of people who believed the hack was due to the incompetence of the DAO developers and a reversal was against the belief that the blockchain cannot be altered.

The majority went on to create the Ethereum hard fork and the remaining blockchain with the DAO hack is now known as Ethereum Classic.

Ethereum Classic still has some differences with Ethereum. Ethereum Classic will implement a fixed total supply of less than 230 million tokens. The team members behind Ethereum Classic all operate under pseudonyms, making many wonder what their true intentions are. While Ethereum has seen explosive growth its community and major technological innovations, Ethereum Classic has lagged behind.


If you have concluded that this is the coin for you, congratulations! Buy Ethereum Classic here.

Good luck!

Ethereum Classic Review - Cryptowisser Logo
Cryptowisser – Your Trading Cryptocurrency Guide