About ETH
Name: Ethereum
Symbol: ETH
Circulating supply: 0 $
Max supply: 0 $
Price: 3Β 141,9233 $
Volume 24h: 780.663 M $
Market Cap: 380.233 B $
Percent change 24h: 0,28 %
About ETC
Name: Ethereum Classic
Symbol: ETC
Circulating supply: 0 $
Max supply: 0 $
Price: 27,126633 $
Volume 24h: 100.389 M $
Market Cap: 4.074 B $
Percent change 24h: 11 %
So, you hearken of both ETH vs ETC cryptocurrencies, but you're not assured which one is more acceptable? Don't care. This is one of the most common questions in the life of cryptocurrencies, as long as both crypto are very related to each other. Accordingly, in this guidelines, we will make an attempt to make aware you what is corresponding and how the Ethereum cryptocurrency to distinguish from Ethereum Classic .
ETH vs ETC: Which Is a Better Buy?
It should be said that both assets are worthy to be invested. Those who haven't bought Ethereum yet should definitely take a closer look at this coin. As the second crypto after Bitcoin, it enjoys great popularity and offers a broad range of possibilities. However, the younger brother, Ethereum Classic, can also be a great value to expend a capital portfolio.
The choice of an asset largely depends on the purpose for which it is going to be used. In addition, it is necessary to analyze the current market situation before buying any crypto, as this is a risky business.
Differences Between ETH and ETC
In addition to the fact that the coins are strikingly different in their value, there are also distinctions in the values below:
Market Cap
With a market cap of $231,077,666,116, Ethereum is second only to Bitcoin. The market capitalization of Ethereum Classic is $5,666,768,040, which is nearly 40 times less than Ethereumβs one.
Maximum coin supply
The Ethereum Classicβs maximum supply is limited to 210,700,000 coins, while the Ethereumβs supply has become unlimited after the transition to the Proof of Stake (PoS) consensus algorithm.
Trading volume
As of 17.11.2024, ETC's daily trading volume is 780662525.804121600000, while ETH's daily trading volume is 100389140.387780200000.
Changes in the exchange rate of coins
The Ethereum rate has changed by 0 over the past 24 hours, and by [Percent_change_7d_1] over the last week.
The rate of Ethereum Classic has changed by 0 over the past 24 hours, and by [Percent_change_7d_2] over the last week.
Mining
The Proof of Work (PoW) consensus mechanism that Ethereum Classic is built on enables the production of new coins by mining. Ethereum switched to the PoS consensus, and since then, new ETH tokens have been generated by minting.
Transaction fees
The regular fee on Ethereum transactions is 0.0026 ETH ($4.9 at time of writing), while Ethereum Classic charges only 0.0001 ETC ($0.004 at time of writing).
ETH vs ETC : which is more acceptable?
Both methods have theirs cryptocurrencies that are spent by their seed customer, private customer and general customer. Also, they are publicly shifted by cryptocurrency interchanges and are used as a agent to keep value or for theoretical investment. So, Ethereum vs Ethereum Classic in term of token significance and exchangeability are pretty alike considering that both their significance floats and fluctuates according to market circs.
Convert Ethereum (ETH) to Ethereum Classic (ETC) at the Best Rates
The secret of the high exchange rate for the ETH / ETC pair is that Godex.io is a decentralized exchanger, which means that no intermediaries charge additional fees for transactions with these or other digital currencies.
In addition, when you select the currencies you need in the converter and enter the required number of coins to exchange, Godex monitors the leading exchanges with the most profitable rates and provides them to you.
A quick review to a ETH vs ETC price chart
Both Ethereum vs Ethereum Classic smart from the one fluctuations that all fundamental crypto traders do, itβs true that at the same times they can do better than the ancient cryptos, but they yet are entangled and carry on as other major crypto trading platforms. So the ETH vs ETC feud cannot be determinated just by observing at trading/price schedule.
How to Invest in Both Ethereum and Ethereum Classic
To invest in both coins, use the Godex converter, which will allow you to quickly, without registration, exchange the crypto you have for ETH and ETC.
Ethereum Vs. Ethereum Classic: Blockchain Capacity
So far, the capacity level of Ethereum and Ethereum Classic is roughly the same. The speed of transactions in both networks is about 15 - 18 TPS (transactions per second). However, after the Ethereum 2.0 update, also known as The Merge, the trading speed on the Ethereum network is expected to increase its capacity to an incredible 100 000 TPS.
Ethereum vs Ethereum Classic: conclusion
ETH and ETC break apart a lot of affinity but separate in their aim classroom.
The Ethereum vs Ethereum Classic battle looks to have accomplished in a technical tie, they can both coexist whereas they have divers targets. Yes, they have affinity but that both are based on a useful type and are not obligatorily a bad thing. Both are promising, sustainable and have strong base.
In the technological part of the ETH vs ETC consideration, we start off by observing that their algorism is variant . Ethereum and Ethereum Classic they both are by standard and decentralized. Itβs costing marks that either aim at safety lower fees and quick transactions.
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F.A.Q.
What are the purposes of ETH and ETC?
Ethereum serves two purposes: first, it acts like money and can be a store of value or payment for something; secondly, it is an environment for developing numerous decentralized software and finance solutions. For that reason, both blockchain developers and crypto investors tend to buy ETH.
Ethereum Classic can also be employed to deploy decentralized apps and as an investment object. But its major mission is to keep the original and uncorrupted Ethereum code.
Ethereum Vs. Ethereum Classic: Which One to Choose?
Since the situation on the digital currency market is changing, a coin should be chosen taking into account current data. In addition, the choice depends on the goals of an investor.
It is recommended to have ETH in a portfolio, due to the popularity of this coin, as well as the upcoming network upgrade, which, if successful, will add value to the asset. However, ETC can diversify a capital portfolio.
Which is safe (ETH) or (ETC)?
As to digital assets, none can be considered 100% secure. However, after the successful upcoming upgrade, Ethereum 2.0 network will have better security features.