Circulating supply: 122 373 870 $
Max supply: 0 $
Cmc rank: 2
Volume 24h: 5 606 457 700 $
Percent change 1h: 0,59 %
Percent change 24h: -2,5 %
Percent Change 7d: 3,8 %
Name: Ethereum Classic
Circulating supply: 138 063 290 $
Max supply: 210 700 000 $
Cmc rank: 23
Volume 24h: 94 444 262 $
Percent change 1h: 0,4 %
Percent change 24h: -1,5 %
Percent Change 7d: -2,7 %
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 Ethereum’s one.
- Maximum coin supply
The Ethereum Classic’s maximum supply is limited to 210,700,000 coins, while the Ethereum’s supply has become unlimited after the transition to the Proof of Stake (PoS) consensus algorithm.
- Trading volume
As of 04.12.2022, ETC's daily trading volume is 5606457749.91760000, while ETH's daily trading volume is 94444262.23010300.
- Changes in the exchange rate of coins
The Ethereum rate has changed by -2.45724982 over the past 24 hours, and by 3.84930359 over the last week.
The rate of Ethereum Classic has changed by -1.53214007 over the past 24 hours, and by -2.66020980 over the last week.
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.
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, it’s 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. It’s costing marks that either aim at safety lower fees and quick transactions.