Bitcoin BTC VS Avalanche crypto VS Ethereum Classic 🔥 Bitcoin price 🔥 Ethereum classic news 🔥 AVAX
Bitcoin price 🔥 Ethereum classic news 🔥 AVAX 🔥 Bitcoin BTC VS Avalanche crypto VS Ethereum Classic
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🎁 Bitcoin (BTC): 1FgvskEbTnhfrNhpbM9fQKL6LVAY2i48LE
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⚡ What is Ethereum Classic crypto (ETC)?
A Next-Generation Smart Contract and Decentralized Application Platform.
Ethereum Classic is a decentralized network that supports smart contracts. It was created by Vitalik Buterin in 2013. Following the DAO hack in 2016, several members of the Ethereum community rejected the idea of a hard-fork to revert transactions (and return funds to the DAO participants), leading to the split between Ethereum and Ethereum Classic.
Ethereum Classic (ETC) parted away from Ethereum at block 1,920,000 (July 20th 2016) to retain the original version of the network, reinforcing the blockchain’s core characteristic of immutability. Since its ICO in 2015, Ethereum has relied on Proof of Work (PoW); Ethereum Classic shares its early history with its first (common) block being mined in July 2015.
Like Ethereum, the network is fueled by a cryptocurrency named ether (classic). It comprises an open-source, globally decentralized computing infrastructure, which executes programs called smart contracts.
⚡ What is avalanche crypto
Avalanche (AVAX) is a blockchain network that provides robust smart contract functionality and is designed to facilitate the use of decentralized applications (dApps), NFTs, and other complex blockchain platforms at scale.
The Avalanche blockchain provides users with the ability to create unlimited, interoperable blockchains, and uses three blockchains to ensure that the network is capable of scaling to meet the transaction speeds and throughput demands of mainstream adoption.
Avalanche consists of three distinct blockchains — the Exchange Chain, which facilitates the decentralized exchange of digital assets; the Platform Chain, which coordinates validators on the Avalanche network and allows users to create their own blockchains; and the Contract Chain, upon which smart contracts are deployed and executed.
Avalanche’s triple blockchain architecture allows it to execute transactions at scale and has resulted in partnerships with Ava Labs, the organization behind Avalanche, and major enterprises and global businesses that include Mastercard and Deloitte.
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⚡ Our videos ARE NOT financial advice
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments. CryptoOK and affiliates are not responsible for individual loss due to poor trading decisions or any other actions which may lead to loss of funds.
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