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Ethereum Classic is an open-source blockchain-based distributed computing platform with a native cryptocurrency token that trades under the symbol ETC.

Ethereum Classic is, as the name suggests, the original version of Ethereum from which the current Ethereum forked.

Both networks are focused on smart contracts and distributed computing at their core, being that they are essentially different versions of the same software.

It a bit like how Bitcoin and Bitcoin Cash don’t exactly love each other because they split for ideological differences… but none-the-less both essentially use same software, despite having different tokens, different developers, and different valuations. Learn more about the Ethereum backstory.

With that said, Ethereum Classic is not endorsed by the Ethereum foundation.

The Top Cryptocurrencies That Aren’t Bitcoin

Let’s look at some of the top cryptocurrencies that aren’t Bitcoin. Longstanding popular alternatives to Bitcoin including ETH, ETC, XRP, XLM, LTC, XMR, ZEC, NEO, and DASH. New top coins include BCH, EOS, ADA, IOTA, TRON, and ZRX.

How to Short Bitcoin and Other Cryptocurrencies

Those who think Bitcoin or an other cryptocurrency will go down, or want to hedge against a “long” position, can open a “short” position. Below we explain how to short Bitcoin and other cryptos.

Ethereum Classic Difficulty Bomb Fork (May 2018)

Ethereum Classic is doing a fork in May to remove a difficulty bomb that would essentially stop new ETC from being created down the road. No new coins are created from this fork, it is just a software update. The fork will occur at block 5,900,000.

Ethereum Classic “Airdrop” (Callisto) Explained

There is a Callisto (CLO) airdrop planned for Ethereum Classic (ETC) holders. A snapshot will occur at block 5500000. Those who held ETC during the snapshot will get CLO coins at a 1:1 ratio during the airdrop.