How to buy Ethereum classic
etc (Ethereum Classic) is a bifurcated currency that Ethereum hard bifurcates after 1920000 blocks, and its function is very similar to Ethereum. Etc adheres to the concept of decentralization and supports the consensus mechanism of blockchain guarantee. Etc firmly believes that once the blockchain starts to run, its development direction will not be controlled by any central team, but will be determined by the consensus of the people participating in the whole network and the consensus of the computing power of the whole network
the Ethereum blockchain hard branching in July 2016 aims to transfer the Dao funds stolen by hackers to an account controlled by investors, and let the old transaction records be forgotten by history. Most Ethereum developers are involved in the reversal, as are exchanges, startups and other members of the ecosystem. A few days later, the project returned to normal. But not everyone wants to forget the old record. As a result, a small number of miners continued to use the original blockchain as a protest. They described the hard fork as a capital withdrawal for the abandoned project of the Dao. So Ethereum classic (etc) was born
2. Detailed parameters
Chinese Name: Ethereum classic English Name: Ethereum classic English abbreviation: etc
developer: Ethereum Classic team core algorithm: ethash consensus proof: POW
release date: 2016 / 7 / 20 block time: About 15-17 seconds / block
total currency: fixed at 210 million, up to 230 million, Every 5 million blocks decelerate by 20%, and the first proction rection is expected to be in December 2017
main features: independent cryptocurrency
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register a digital currency wallet, which can be used to store the digital currency of your transaction
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register an account number on the currency exchange, where you can trade many types of digital currencies, such as bitcoin, Ethereum, EOS, etc
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digital currency trading platform "currency exchange"
First enter the official website, find the corresponding currency in the recharge withdrawal, fill in the corresponding information, and then submit the withdrawal
Trading rules of bitcoin: 1. Trading time: 7 * 24 hours, all year round
2. Account opening: the account opening process is simple. You only need to register with niubitnet and complete the real name authentication to recharge RMB, and at least recharge RMB 100 to start the transaction
Transaction fee: 0.2% for each transaction T + 0 trading mechanism: the stock is t + 1 trading, that is to say, the stock can be bought on the same day and sold on the next trading day. Bitcoin and other digital assets are t + 0 transactions, which can be bought and sold on the same day. And there is no limit on the number of transactions 5. No limit on the rise and fall: the stock has a limit on the rise and fall, while bitcoin and other digital asset transactions have no limit on the rise and fall, for example, bitcoin rose more than 20% in a single day on May 28
6. Trading unit: the minimum number of BTCs that can be bought / sold is 0.001 (about 17 yuan), and there is no buy / sell limit of at least one hand (100 shares)
There is no time limit for cash withdrawal: cash withdrawal at any time, high liquidity The basic principle of transaction: price first, time first. When the commission price is the same, the Commission order with earlier registration time is better than that with later registration time