Ethereum Classic (ETC) is often considered a top-5 Proof-of-Work chain because it retained PoW while major platforms such as Ethereum migrated to Proof-of-Stake, leaving ETC as the largest PoW smart-contract blockchain. After the Ethereum Merge, a significant amount of the Mining power shifted to ETC, raising its baseline hashrate and strengthening its security profile.
Its EVM-compatible Smart-Contract capability differentiates it from the remaining PoW networks, which are mainly currency-only!
Its EVM-compatible Smart-Contract capability differentiates it from the remaining PoW networks, which are mainly currency-only!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.