Which one is better, Ethereum Classic or Ethereum?

Ethereum Classic (ETC) vs. Ethereum (ETH) comes down to needs and preferences. ETC focuses on stability and immutability, while ETH is updated regularly and has extensive application support. ETC has slower transaction speeds and lower fees, while ETH will increase speed through sharding and aggregation in the future. Based on stability, ETC may be better suited for decentralized applications, while based on application support and development, ETH may be better suited for users looking for a broad ecosystem and continued innovation.

Ethereum Classic vs. Ethereum: Which is better?

Direct answer:

Choosing Ethereum Classic or Ethereum depends on the specific needs and preferences of the user.

Detailed comparison:

1. History and background

• Ethereum Classic (ETC): Formed after the hard fork of Ethereum in 2016, retaining the original blockchain.
• Ethereum (ETH): Created through a hard fork and continues to be developed and updated.

2. Protocol Differences

• Ethereum Classic: Focus on stability and immutability, making updates only for critical security issues.
• Ethereum: The protocol is updated regularly, introducing new features and improvements.

3. Security and Stability

• Ethereum Classic: Potentially higher security and stability due to its immutability.
• Ethereum: Has a strong security and development ecosystem with regular updates and community support.

4. Application Support

• Ethereum Classic: Has less application support but focuses on decentralized applications (dApps).
• Ethereum: Has a wide range of dApps, financial instruments, and ecosystem.

5. Transaction Speed ​​and Fees

• Ethereum Classic: Transaction speeds are slower, but fees are generally lower than Ethereum.
• Ethereum: is improving transaction speeds and lowering fees through solutions like sharding and aggregation.

6. Price and market capital

• Ethereum Classic: The market capitalization is small and the price fluctuates greatly.
• Ethereum: The market capitalization is large and the price is relatively stable.

Specific use recommendations:

• If you prioritize stability, immutability and decentralization, Ethereum Classic may be a good choice.
• If you need broad application support, high transaction speeds, and continued development, Ethereum is the better choice.

Ethereum (ETH) Price Updates

As of 10:00 AM on July 25, 2024, the price of Ethereum (ETH) is $3,203.96, with a 24-hour trading volume of $187.15 billion. The price of ETH fell by 6.59% in the past 24 hours.

Price Moving Factors

The price drop may be attributed to the following factors:

• Gloomy sentiment in the overall cryptocurrency market
• Profit-taking by investors
• Growth of rival coins

Future Price Movement

ETH’s price action is difficult to predict, but analysts believe it is likely to remain volatile in the short term.

Action Guide

Investors should pay close attention to market dynamics and assess risks before deciding to trade.

Short Term Forecast

ETH is expected to continue to fluctuate over the coming hours to days. However, no drastic changes are expected.

Indicator

• Current price: 3,203.96 USD
• 24 hour trading volume: 187.15 billion USD
• Circulating market cap: 3852.069 billion USD
• Circulation volume: 120228315.0196 ETH
• Maximum supply Quantity: Unknown
• Total supply :120228315.0196 ETH

The above is the detailed content of Which one is better, Ethereum Classic or Ethereum?. For more information, please follow other related articles on the PHP Chinese website!