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Crypto Prices
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Ethereum Classic
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Ethereum Classic

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ETC

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NT$

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etc Price Chart - Optimized Version

Notice: Chart prices are based on interval-sampled API data. The displayed high and low values may slightly differ from the actual extremes.

Ethereum Classic

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Data Source: coingecko

ETC

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The live price of Bitcoin is NT$-.- per (BTC / TWD) with a current market cap of NT$-.-. 24-hour trading volume is NT$-.-. BTC to TWD price is updated in real-time. Bitcoin is -.-% in the last 24 hours with a circulating supply of -.-.
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Bitcoin News Today

October 16, 2026
AI Summary
Ethereum Classic Attracts Proof-of-Work Purists Amid Market Shifts

Ethereum Classic Attracts Proof-of-Work Purists Amid Market Shifts

As of October 16, 2026, Ethereum Classic (ETC) is experiencing a notable resurgence, firmly establishing itself as the premier destination for Proof-of-Work (PoW) smart contract enthusiasts. Trading volumes have seen a sharp increase, closely correlated with a steady climb in network hash rate as miners continue to allocate significant resources to secure the chain. ETC's price is currently demonstrating robust support, appealing to investors who prioritize immutability and absolute decentralized consensus over the Proof-of-Stake mechanics adopted by its broader ecosystem counterpart. From a technical standpoint, ETC is tracking a steady upward trajectory, actively testing mid-term resistance levels. The network's steadfast commitment to the 'Code is Law' philosophy has cultivated a highly loyal community and attracted niche institutional capital seeking exposure to legacy blockchain architecture. Furthermore, recent ecosystem grants aimed at reviving decentralized finance (DeFi) development on Ethereum Classic have injected fresh fundamental optimism, positioning ETC as a unique and resilient asset in the modern crypto landscape.
Notice: For information only. Not financial advice. Do not rely on this for trading.

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Bitcoin Disclosure

1. Issuer Information
  • ETC does not have a traditional single issuer or company; it was spontaneously organized by a decentralized community on July 20, 2016 (at block height 1,920,000), continuing the original Ethereum vision.
  • Initial technology was developed by the Ethereum Foundation (founded by Vitalik Buterin and others in 2014).
  • Following the 2016 DAO fork, the Ethereum Foundation moved to the new chain (ETH), while ETC was taken over by the community that opposed the fork (including miners and developers).
  • It is currently maintained by global open-source contributors and Ethereum Classic Labs, with no central entity control.
  • It emphasizes "philosophy as foundation" (decentralization, PoW, Code is Law).
2. Issuance Plan Description
  • ETC has no independent issuance plan; it adheres to the original Ethereum Genesis Block from July 30, 2015 (8,893 transactions, initial allocation about 72 million ETH).
  • After the fork on July 20, 2016, ETC retained the original chain history, with no new token generation plan.
  • Issuance is conducted through Proof-of-Work (PoW) mining.
  • The initial block reward was 5 ETC, halving every 5 million blocks (similar to Bitcoin).
  • The block reward was reduced to 3.2 ETC in 2020, and is expected to be 2.56 ETC in 2025.
  • The goal is to maintain the original Ethereum vision of "unstoppable applications".
  • There is no total supply cap; the network relies long-term on miner rewards and transaction fees.
  • The whitepaper page emphasizes a "no control, no hard fork" policy, opposing centralized intervention (such as the DAO bailout fork), and is spontaneously advanced by the community, with no pre-mine or ICO.
3. Issuance Quantity, Price, and Other Subscription Conditions
  • ETC has no total supply cap; approximately 72 million coins were allocated in the Genesis Block.
  • After the fork, ETC holdings were equal to the ETH holdings at that time (1:1).
  • There was no new price when the fork occurred in 2016; the market determined the price.
  • Subscription conditions: There was no ICO; anyone can obtain it through mining (GPU/ASIC, minimum hash rate depends on difficulty) or purchasing on an exchange.
  • There is no minimum holding requirement.
  • The transaction fee is about 0.000021 ETC per transaction, adjusted dynamically.
  • Circulating supply increases yearly with mining.
4. Public Offering and Listing Information
  • ETC did not conduct an independent public offering.
  • After the 2016 fork, ETC was automatically obtained by holders of the original chain, with no new fundraising.
  • Fund allocation was controlled by the Ethereum Foundation (70% development, 20% promotion, 10% operation); the ETC community did not inherit these funds.
  • ETC gradually listed on various exchanges (e.g., Binance in October 2017) through community development.
  • Initial trading volume was driven by miners and users who opposed the ETH fork.
  • The circulating supply is approximately 151 million coins (71.7%) by 2025; rewards are released through mining.
  • The whitepaper page emphasizes self-driven growth under "no central budget"; transaction fees support network operation.
5. Relevant Project Information
  • The ETC plan continues the original Ethereum vision of "building unstoppable applications" (Code is Law).
  • Goals include:
    • Decentralization: No leadership control, opposing hard fork intervention.
    • Censorship resistance: Applications run according to code, without third-party interference.
    • High performance: PoW supports smart contracts (EVM), with about 15 TPS.
  • Application scenarios: DApps (e.g., decentralized exchanges), finance (stablecoin attempts), NFT (growth in 2021).
  • The whitepaper page criticizes ETH's shift toward centralization, emphasizing ETC's philosophical advantages (decentralization, robustness).
  • Later development includes the Spiral upgrade (planned for 2024, aiming to increase throughput to 100 TPS).
6. Rights and Obligations
  • ETC holders' rights include:
    • Mining: Participating in PoW to receive block rewards (approx. 2.56 ETC per block in 2025, 5-8% annualized).
    • Usage: Paying transaction fees (approx. 0.000021 ETC).
    • Governance: Indirectly participating in ECIP (Ethereum Classic Improvement Proposal), through hash power and nodes to influence upgrades, with no direct voting rights.
  • Obligations: Miners must run a node (minimum 8GB RAM) to verify transactions and ensure security.
  • Non-participants receive no rewards or influence.
  • ETC is not a security; it has utility; rights are limited by the open-source protocol.
  • The whitepaper page emphasizes "no superior control," with community self-maintenance, opposing centralized leadership (such as the Ethereum Foundation).
7. Technology Used
  • ETC operates on the Ethereum Classic blockchain.
  • Core technologies include:
    • Proof of Work (PoW): Etchash algorithm (modified Ethash, ASIC-resistant), with a 13-second block time.
    • EVM (Ethereum Virtual Machine): Supports smart contracts (Solidity/Yul).
    • Asymmetric encryption (ECDSA): Public and private keys protect.
8. Risk Disclosure
  • Risk factors mentioned include:
    • Hash power concentration: If mining pools control over 51% (e.g., the 51% attack in 2019, which resulted in a $1.1 million loss), security is threatened.
    • Other risks: Loss of private keys.
    • Other risks: Insufficient funding (no central budget).
  • The community does not assume responsibility.
9. Consensus Mechanism
  • ETC adopts the Proof-of-Work (PoW) consensus mechanism, using the Etchash algorithm (adjusted in 2019 to reduce ASIC advantage).
  • Mechanism features:
    • Miners compete to generate blocks (13 seconds per block), with a reward of 2.56 ETC (in 2025).
    • The longest chain principle confirms the valid chain, providing finality, and resistance against 51% attacks (requires over half of the hash power).
    • Difficulty dynamically adjusts per block to maintain stable block generation.
  • There is no staking or voting; governance is determined by ECIP proposals (miner and node hash power expresses support).
  • The whitepaper page emphasizes PoW's decentralization and censorship resistance, opposing PoS (calling it susceptible to manipulation).
10. Other Relevant Information
  • Other relevant information includes:
    • ETC originated from the 2016 DAO event ($50 million stolen, ETH forked to rescue the DAO, ETC insisted on the original chain).
    • The "Declaration of Independence" in August 2016 established its philosophy, opposing the Ethereum Foundation.
  • Regarding the asset's history and maintenance:
    • It originated from the ETH hard fork.
    • It has not been audited by a third-party audit firm; however, it has been confirmed that the issuing unit/native chain has not suffered malicious attacks resulting in the unauthorized mass issuance of currency.
    • The currency is maintained by the developer community, and attention must be paid to the activity level of the relevant community.

Bitcoin Disclosure

1. Issuer Information
2. Issuance Plan Description
3. Issuance Quantity, Price, and Other Subscription Conditions
4. Public Offering and Listing Information
5. Relevant Project Information
6. Rights and Obligations
7. Technology Used
8. Risk Disclosure
9. Consensus Mechanism
10. Other Relevant Information

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