ETC/EUR: Convert Ethereum Classic (ETC) to Euro (EUR)

Ethereum Classic (ETC) is a decentralized, open-source blockchain platform that was launched in 2015. It is the original version of the Ethereum blockchain, which was forked in 2016 due to a disagreement over how to handle a major hacking event. Ethereum Classic is known for its commitment to the principle of "Code is Law", meaning that applications on the platform run exactly as programmed without any interference. The platform's native token is ETC. Ethereum Classic uses a Proof-of-Work (PoW) consensus algorithm to secure its network and aims to provide a platform for developers to build and deploy decentralized applications (DApps) and smart contracts.

Ethereum Classic operates on a Proof-of-Work consensus mechanism, similar to Bitcoin. This means that miners compete to validate transactions and add them to the blockchain, and are rewarded with new ETC coins for their efforts. Ethereum Classic is fully replicated across all nodes of the network, making it highly secure and resistant to tampering. The platform also supports smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. These smart contracts make Ethereum Classic a versatile platform that can support a wide range of decentralized applications.

Ethereum Classic aims to provide a platform for developers to build and deploy decentralized applications (DApps) and smart contracts. These DApps can range from games to financial services and anything in between. The platform's commitment to the principle of "Code is Law" means that these applications can run without interference, making it an attractive platform for developers who want to create applications that are free from censorship and third-party control. Additionally, Ethereum Classic's Proof-of-Work consensus mechanism and fully replicated network make it a secure platform for storing and transferring value.

Ethereum Classic was launched in 2015 as the original version of the Ethereum blockchain. In 2016, a major hacking event led to a disagreement within the Ethereum community over how to handle the situation. This disagreement resulted in a hard fork, creating two separate blockchains: Ethereum (ETH) and Ethereum Classic (ETC). Ethereum Classic is the version of the blockchain that did not revert the chain to cancel out the effects of the hack. Since its launch, Ethereum Classic has continued to develop its platform independently of Ethereum, with a focus on maintaining its original PoW algorithm and commitment to the principle of "Code is Law".