Ethereum Classic (ETC) and Ethereum (ETH) share a common history, but they have evolved into two distinct blockchain networks with their own unique characteristics.
In 2016, Ethereum underwent a hard fork to reverse the effects of the infamous DAO hack. This resulted in the creation of two separate chains - Ethereum (ETH) and Ethereum Classic (ETC). ETH continued to operate on the updated blockchain, while ETC remained on the original chain.
While both networks are based on the same principles of smart contracts and decentralized applications, ETC has focused on maintaining a more decentralized and immutable network. ETH, on the other hand, has prioritized scalability and the adoption of new technology such as Proof of Stake (PoS) consensus mechanism.
Despite their differences, ETC and ETH share a codebase and are highly interoperable. Smart contracts and dApps created on one network can easily be ported to the other.
While ETC and ETH have taken different paths since the 2016 hard fork, they continue to exist and grow as separate and distinct blockchain networks. As blockchain technology continues to evolve, it will be interesting to see how the two networks develop and whether they will continue to collaborate or diverge further apart.
