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Ethereum

Ethereum Classic is currently receiving some renewed interest because of the Ethereum Merge. Learn if it’s the right investment for you, how to buy it, and how to secure it.

Ethereum Classic (ETC) is a hard fork of Ethereum (ETH) that emerged due to the DAO hack in 2016. Today, Ethereum Classic still exists, but developer and user interest are much lower than that of Ethereum.

While this major update will bring various advantages like the potential for better scalability, more security, and greater sustainability, it is not without risks.

The blockchain world is made up of many complex words. As such, the terms Ethereum client and Ethereum node are often used interchangeably. However, they represent two different components within the Ethereum system.

Only users running their personal Ethereum nodes are directly connected to the Ethereum network and are thus guaranteed to enjoy unrestricted access to the network.

The Ethereum Foundation (EF) is a non-profit organization dedicated to supporting Ethereum. It is located in the crypto valley in Zug, Switzerland.

The Ethereum Merge is finally here. On its website, Ethereum states that the “most significant upgrade in the history of Ethereum […] is in its final stages” and is expected to take place sometime before 2023. The Merge describes the process whereby the current Ethereum blockchain will be merging with the Beacon Chain.

With the advent of blockchain technology, another technology has gained popularity: smart contracts. A smart contract is a self-executing contract in which the contents of the agreement are written directly into the lines of code.

Ethereum killers are alternative open-source blockchains that seek to solve Ethereum’s current shortcomings, like exorbitantly high gas fees and the low number of transactions per second the blockchain is able to process.

The Ethereum blockchain is undergoing several changes to upgrade the protocol to Ethereum 2.0. Ethereum 2.0 represents a complete overhaul of the original protocol. The upgrade is supposed to bring more scalability, improved security, and improved decentralization.

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