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Ethereum Classic is the outcome of a historic split from Ethereum in 2016, maintaining the original blockchain with a firm commitment to immutability and the principle that “code is law.” Unlike its sister chain, which transitioned to proof-of-stake, Ethereum Classic continues under a proof-of-work consensus mechanism, supporting smart contracts and decentralized applications on a fully decentralized, censorship-resistant network.
It operates on a capped supply model with periodic reductions in block rewards, similar in design to Bitcoin’s diminishing issuance. Over time, the protocol has implemented security upgrades to strengthen resilience following past attacks, ensuring continued network integrity and confidence.
As the most prominent proof-of-work smart contract chain, Ethereum Classic upholds a decentralized philosophy, prioritizes code-based governance, and preserves an unaltered transaction history. Its persistence offers a unique and principled alternative in the blockchain ecosystem — appealing to those drawn to full transparency, decentralization, and the permanence of smart contract logic.
