Ethereum Classic’s Upmove: What Does it Mean for Ethereum and the Crypto World?

economictimes.indiatimes.com:

At present, Ethereum Classic is ranked 28 by market cap, while Ethereum (ETH) is in the top 2 and has a higher valuation too, according to CoinMarketCap. Read on to find out all about them and the latest development in their twin destinies, and don’t forget to track their current prices on CoinSwitch.All about Ethereum Classic Ethereum Classic (ETC) is a decentralized, blockchain-based open-source computing platform. It allows developers to create and deploy smart contracts, and host and support decentralized applications (dApps). Ethereum Classic’s native token is ETC.

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Billed as India's first blockchain wedding, in the presence of a digital priest,

Sporting a green logo as opposed to the black, white, and gray Ethereum logo, Ethereum Classic and what we now call Ethereum were created as the result of a hard fork in the network from July 2016. The original Ethereum (now known as Ethereum Classic), a blockchain-based investing cooperative organized as a decentralized autonomous organization, was just a year old at the time when some hackers discovered flaws in its code and stole $50 million in the native token Ether (ETH). The fork was carried out to retrieve the stolen funds. Most Ethereum users, including founders Vitalik Buterin and Gavin Wood, supported the hard fork in the aftermath of the attack. However, some members of the community were against it because they believed that blockchains cannot be manipulated by human whims; so they stuck with the old chain, renaming it Ethereum Classic (ETC).Why did ETC move over the past month?Since the beginning of 2021, the ETC price has risen significantly due to an increase in cryptocurrency prices and renewed development activity on