What currency is Ethereum Classic (the price of Ethereum Classic today is not small)

What currency is Ethereum Classic (the price of Ethereum Classic today is not small)

What currency is Ethereum Classic? What currency is Ethereum Classic? Ethereum Classic is a Cryptocurrency based on Proof of work. Unlike Bitcoin and Litecoin, its issuance mechanism digs blocks for miners and obtains rewards. The Ethereum Classic was excavated through the PoW algorithm and has a certain degree of security. However, there is a problem in use, which is that due to insufficient network bandwidth, transactions cannot be processed; If you want to make a transfer, you need to consume a lot of computing resources to confirm the transaction According to TokenGazer data analysis, as of 11:00 on July 6th, the 24-hour price range of Ethereum Classic Coin (ETC) is between $181.85 and $178.86, with a trading volume of $23 to $169.69M. The decline earlier yesterday caused mainstream currencies to start falling around 10am today, with a current quotation of approximately $8.49, accounting for 68.5% of the market value. In addition, influenced by the market situation, the best-performing mainstream currencies include BCH, EOS, BSV, and TRX, with BSV currently hovering around $9.68; At about 15:00 this evening, after the market rebounded and reached the front-line support of $8.98, the short-term Bitcoin Cash cash at the beginning of the trumpet rose to around $8830.

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