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Ethereum Classic

Ethereum Classic is a decentralized blockchain platform that emerged as a result of a hard fork from the original Ethereum blockchain in 2016. The fork occurred following a contentious decision to reverse a hack through a system upgrade on the Ethereum blockchain. Ethereum Classic maintained the original blockchain, emphasizing principles of immutability and minimal intervention.

Key Features:

  • Decentralized Smart Contract Platform
  • Immutability and Resistance to Modification
  • Proof-of-Work (PoW) Consensus Mechanism
  • Continued Development and Upgrades
  • Open-Source Community-Driven Project

Use Cases:

Ethereum Classic serves as a platform for the creation of decentralized applications and smart contracts. Its emphasis on immutability makes it suitable for applications where data integrity and transparency are critical.

Learn More:

For more information, you can visit the Ethereum Classic official website.

Visit their official website to learn more:
Accounting Features Supported for
Ethereum Classic
Cost Basis & Inventory Tracking
Unrealized G/L & Impairment Calculation
Reconciliation & Sanity Checks
DeFi Protocols
NFTs Valuation
Automated Rule Categorization
Integration to ERPs, QBO, Xero, Netsuite, etc.

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