Understanding Ethereum Classic

Ethereum Classic is a version of the Ethereum blockchain that emerged after a significant disagreement in the community, known as a "hard fork," in 2016. This split was sparked by a hacking incident that led to the theft of millions of dollars worth of Ether, prompting some to advocate for reversing the theft, while others believed in maintaining the original blockchain and its immutability. Ethereum Classic continues to operate as a decentralized platform for smart contracts and applications, valuing principles of unchangeable blockchain history, while Ethereum (the original) has since implemented different changes and upgrades.