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Ethereum Classic is a decentralized, open-source, public, immutable and unstoppable cryptocurrency that is blockchain-based, distributed on a computing platform featuring smart contract functionality. It runs exactly as programmed without any possibility of censorship, downtime, third party interference or fraudEthereum Classic is not a new cryptocurrency but rather a split from an existing cryptocurrency, Ethereum. Just like Bitcoin Cash is a continuation of the original Bitcoin blockchain, Ethereum Classic is a combination of the original Ethereum blockchain with an untampered history that is free from external interference and subjective tampering of transactions.Ethereum platform split or forked into two versions: Ethereum Classic and Ethereum. Prior to the division, the cryptocurrency had been referred to as Ethereum, and after the fork, the two cryptocurrencies were called Ethereum and Ethereum Classic respectively. The old one being Ethereum Classic and the new version, Ethereum. The two cryptocurrencies have different blockchains and are independent of one another. However, they have the very similar features.Ethereum Classic is among the cryptocurrencies that have performed extremely well in the markets in 2017 based on market capitalization. Businesses in the cryptocurrency world seem to be warming towards Ethereum Classic as some cryptocurrency exchange platforms announced late in 2016 that they will integrate Ethereum Classic on their exchange.

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