Cryptocurrency Q&A
Who controls Ethereum Classic?
Who controls Ethereum Classic?
Lorenzo
Fri Jun 14 2024
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7 answers
1533
Could you please elaborate on the question, "Who controls Ethereum Classic?" I'm curious to know if there's a centralized entity or group of individuals responsible for managing it. Also, is there a governance structure or mechanism in place to ensure the stability and security of the Ethereum Classic network? I'm interested in understanding the decentralization aspect of this cryptocurrency and how decisions are made regarding its development and updates. Could you provide some insights into this?
7 answers
Chiara
Sun Jun 16 2024
Cryptocurrencies, such as Ethereum Classic, operate on a decentralized framework. This means that there is no central authority controlling or owning it.
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Carolina
Sun Jun 16 2024
Ethereum Classic is an open-source project, allowing developers from across the globe to contribute to its development.
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Valentino
Sat Jun 15 2024
The blockchain technology underlying Ethereum Classic ensures transparency and immutability of transactions.
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CryptoVisionary
Sat Jun 15 2024
Among its offerings, BTCC provides spot trading, futures contracts, and secure wallet storage solutions for Ethereum Classic.
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DondaejiDelight
Sat Jun 15 2024
The community surrounding Ethereum Classic is diverse and active, constantly driving forward the project's evolution.
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