Transaction Finality We believe the core value proposition of any blockchain is immutability; valid transactions can never be erased or forgotten. Individuals interacting on Ethereum Classic are governed by this reality;. This does not necessarily mean that code replaces existing laws, or that only code is law (there are many geographical jurisdictions), but it gives users the opportunity to enter into a new blockchain-based jurisdiction where agreements are governed by code.

By entering into contracts on Ethereum Classic, you can be certain that the network remains neutral. The outcome of transactions will be dictated by code you voluntarily interact with. Unless explicitly defined by the contract code, there are no reversals, no undos, no opt-outs. Transactions are final; applications are unstoppable. Decentralized Governance There are many problems that fester due to centralization and opaqueness; corruption, unaccountability, nepotism, inefficiency and stagnation. Ultimately, centralization leads to fragility; only decentralized systems can stand the test of time. These problems can be only solved by adhering to governance systems that do not rely on a central point of failure.

Electra ECA Mining Works. Just like distributed networks and the consensus protocol itself, we believe that only truly decentralized projects can survive in the long run. Ethereum Classic manifests these values by relinquishing control by a formalized central foundation. The only hierarchy is that of transparent meritocracy and mutual reputation.

June 2017 one litecoin $27, One ethereum classic $24. Today January 2018 one lite coin $201, one ethereum classic $33. Litecoin was declared dead 2016 or what. Welcome to Ethereum Classic. We believe in a decentralized, censorship-resistant, permissionless block chain. How to mine etc? Fee is 1%; Payouts several times a day; No payout commission; Default minimum payout is 1 ETC; Share difficulty is static and equal to 5 billion. Recommended minimum hashrate is 5 Mh/s. You can mine directly to your Ethereum Classic wallet on any exchange. Do NOT use CONTRACT addresses for mining if it. Jan 25, 2017 A short video tutorial explaining how to mine Ethereum Classic using the graphics card on a Windows PC.

No backroom deals or behind-closed-doors unilateral decision making; just free and open discourse.