6 Ways to Buy Ethereum in 2021

Advertisements

5. Difference between Ethereum and Ethereum Classic

Ethereum and Ethereum classic are basically two separate networks, separated from one original Ethereum after a ‘hard fork’ solution was launched as a reaction to a hacker stealing Ether’s worth around $150 mln. On separate Blockchains, the two networks exist and are entirely similar all the way before the hard fork occurred.

With new guidelines that were adopted to discourage such hacker attacks in the future, Ethereum becomes a new network. The majority of consumers, creators, and decentralized apps have moved to Ethereum, while Ethereum Classic has remained with about 10% of others.

Advertisements
Advertisements