What is the price of Ethereum fork currency etf (Ethereum fork)
What is the price of Ethereum forked currency etf According to CoinMarketCap, what is the price of Ethereum forked currency etf. The Ethereum blockchain is divided into two parts: one is Ethereum Classic (ETC), and the other is Constantinople Hard Bifurcation. At present, there is no trading pair in the market
According to the official introduction of Ethereum, ETC is a smart contract platform based on Ethereum. Its main purpose is to solve problems on Ethereum’s network, such as high fees and gas costs. In this upgrade, the “Constantinople” scheme is introduced, that is, the EIP-1559 technology is used, and the incentive mechanism for miners is added According to official information, Ethereum will undergo a hard fork on November 1st. According to block browser data, the total supply of ETHs after forking will be reduced to approximately 21 million. At current prices, it is approximately 42 billion US dollars (approximately 400 million RMB). This bifurcation occurred on October 13, 2020, before the launch of the main network. This bifurcation is that the consensus algorithm based version 2.0 of Ethereum is about to be released, and its core development team is co sponsored by the Ethereum Classic Foundation and ConsenSys. The team hopes to enable more people to use blockchain technology in this way to achieve more efficient and low-cost decentralized applications.
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