What Is Ethereum Classic (ETC)?
Introduced in 2016, Ethereum Classic (ETC) is a platform designed for smart contracts and decentralized applications (DApps). Due to a vulnerability in the Ethereum network, some investor funds were stolen, and then the Ethereum community settled on a solution to recover these stolen funds. However, some users did not accept a change and wanted to keep the original Ethereum chain. As a result, a new cryptocurrency, Ethereum Classic, was introduced.