The difference between Ethereum 

The difference between Ethereum 

and Ethereum Classic

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Ethereum is one of the leading names in the crypto world that uses the similar blockchain technology that Bitcoin brought to the limelight. While Bitcoin was created to be used as a decentralized currency,

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Ethereum and Ethereum Classic: the origin

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Ethereum was first created in 2013 which eventually split into Ethereum and Ethereum Classic. This was due to a ‘hack’ that occurred in 2015, wherein an individual or a group of individuals had found a loophole within the code and acquired $50 million from the DOA crowd-funding

What to choose?

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As of 1st March 2022, One ETH is worth almost $2973, while one ETC is worth $30. ETH has a current market cap of $305,826,572,815 while ETC has a market cap of $3,426,671,120.

Reason behind the success of ETH

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The reason behind the success of ETH is primarily the security it offers. Although Ethereum classic honors the true concept of blockchain technology,

Why popularity of Ethereum is rising

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As for Ethereum, its foundation is based on better security for its users. The NFTs (Non-Fungible Tokens) also use the technology of Ethereum. Moreover, Ethereum is rising to be a better choice than its competitor Bitcoin, due to its wider range of utilities

The Difference Between Valuation

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Although ETH is valued higher, its market value is very volatile as compared to ETC which has remained relatively consistent. In terms of growth, ETH has seen an unprecedented rise in recent years.

when was ethereum 2.0 announced?

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With the news of Ethereum 2.0 launching in June 2022, there are going to be many things to look forward to as far as Ethereum is concerned. Ethereum is looking to switch from proof-of-work to a proof-of-stake mechanism.

Is Ethereum Reducing Its Fees?

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ith this, Ethereum is aiming to reduce its fee and make transactions even more feasible. This is predicted to cause the inevitable rise in ETH price and users across the globe.

Which one is better?

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In the wake of this, there arose multiple opinions about the best choice between the two. While Ethereum argued that it was securing its token holders by returning the lost token, based on emotions.

Which is better investment tool ethereum or ethereum classic?

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This minor yet significant distinction between Ethereum and Ethereum classic left the people in a dilemma as to which one is a better investment tool.

When Ethereum was first created?

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Ethereum was first created in 2013 which eventually split into Ethereum and Ethereum Classic. This was due to a ‘hack’ that occurred in 2015, wherein an individual or a group of individuals had found a loophole within the code and acquired $50 million from the DOA crowd-funding.

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