Ethereum and Ethereum Classic are two blockchain networks that originate from the same origin, but have significant historical and philosophical differences between them. This article will explore their differences and how to exchange them.
The difference between Ethereum and Ethereum Classic
1. Bifurcation background:
Ethereum: Ethereum was created in 2015 by Vitalik Buterin and others. In 2016, the DAO (Decentralized Autonomous Organization) incident occurred, which led to a heated debate within the community. In response, the Ethereum community decided to undo the DAO attack through a hard fork (a hard fork refers to a protocol change that results in the creation of a different chain) in order to recover the stolen funds. This is the so-called Ethereum Hard Fork.
Ethereum Classic: Ethereum Classic was created by a subset of community members who refused to perform a hard fork. They believe that the blockchain should be irreversible and that even if an attack occurs, the historical record should not be changed. Therefore, Ethereum Classic retains the blockchain history before the DAO event and rejects any protocol changes.
2. Community and Governance:
Ethereum: Ethereum’s community has experienced rapid development after the hard fork and has become one of the leading platforms for blockchain development and application. Multiple organizations such as the Ethereum Foundation are responsible for its development and governance.
Ethereum Classic: The Ethereum Classic community is smaller and consists mainly of supporters of the immutability of the original blockchain, who advocate the principles of irreversibility and decentralization of the blockchain.
3. Development and application:
Ethereum: Ethereum has introduced many new technologies and upgrades after its hard fork, including Proof of Stake (Proof of Stake), Ethereum 2.0, etc., to make its network more efficient and scalable.
Ethereum Classic: The development focus of Ethereum Classic is more focused on maintaining the original blockchain and supporting decentralized applications, maintaining a relatively conservative technical route.
How to make an exchange
If you wish to exchange between Ethereum and Ethereum Classic, the anonymous exchange service Cce.Cash: supports transactions for both Ethereum and Ethereum Classic. You can exchange Ethereum anonymously for Ethereum Classic, or vice versa. The anonymous exchange service Cce.Cash also supports the ERC20 protocol, which means that some ERC20 tokens, such as USDT-ERC20, USDC-ERC20, Chainlink and other mainstream cryptocurrencies can be exchanged.
The most important thing is that this service is completely anonymous and does not save any user transaction information. Users can directly exchange ETH for ETC without opening an account or KYC verification. It is a tool for anonymous cryptocurrency exchange.
It is worth noting that when conducting any exchange operations, please be sure to choose a safe and reliable trading platform and wallet, and confirm the handling fees and conversion rates of the exchange or service. In summary, Ethereum and Ethereum Classic have clear differences in their development history and community governance, and the way you choose to exchange will depend on your specific needs and preferences.