What is #EthereumClassic? #crypto #shorts

Ethereum Classic (ETC) is an open-source, decentralized, blockchain-based distributed cryptocurrency platform that runs smart contracts.
Ethereum Classic was formed in 2016 as a result of a hack of The DAO, a smart contract operating on the Ethereum blockchain.
The original blockchain was split in two. The split revealed philosophical divisions within the Ethereum community.
Based on the principle that “Code is Law,” a good number of developers and miners believed that The DAO's investors should suffer the consequences of investing in a flawed project.
However, the majority of the Ethereum (ETH) community decided to roll back the blockchain, effectively creating a bailout for The DAO's investors in other words TOTAL CENTRALIZATION.

https://ethereumclassic.org/

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