Buy Ethereum Classic (ETC)
What is Ethereum Classic (ETC)?
Ethereum Classic (ETC), also known as Ether Classic, is the original version of the Ethereum platform. ETC is a decentralized smart contract platform based on the Proof of Work algorithm to securely conduct transactions. In July 2016, Ethereum was forced to implement a hard fork. Part of the community disagreed and wanted to keep the original blockchain because of the untouchable structure of the protocol, suggested in the white paper.
What is the Ethereum Virtual Machine (EVM)?
The Ethereum Virtual Machine (EVM) can execute scripts using an international network of public nodes. Ethereum Classic also provides a cryptocurrency token called "Classic Ether" that can be transferred between participants and is used to compensate participating nodes for computations performed. The classic ether token is traded on digital currency exchanges and used to pay transaction fees and services on the Ethereum network.
Since 2013
Anycoin Direct is officially registered with De Nederlandsche Bank and the Austrian FMA. In addition, we always implement the latest security protocols.
Security
Store your coins in our secure Vault or send them to your personal wallet. You decide how your coins are stored.
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Over 500,000 Europeans are part of the Anycoin platform. In addition, Anycoin Direct is the best rated crypto broker in Europe.
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Why buy Ethereum Classic with Anycoin?
With over 14.000 reviews on TrustPilot (average of 4.5 stars) and an official registration with De Nederlandsche Bank (DNB), Anycoin Direct is one of the most trusted crypto services in Europe since 2013.
Do you have any questions about a specific coin, a payment, or any of our services? Know that you can call us, email us, or start a livechat. At Anycoin Direct, you get personal assistance. No chat-bots, but real people.
Anycoin Direct is active since 2013, making it one of the oldest crypto brokers in the Netherlands. Anycoin has an official registration with the DNB and is the official crypto partner of PSV Eindhoven and Heroes Den Bosch. A true pioneer in the European crypto scene.
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Anycoin Vault
The Vault is a safe alternative to the traditional crypto wallet for those who want to buy, sell and swap their coins on Anycoin Direct. Within the Vault you can store all your digital assets and swap them against one another. Still want to send crypto to an external wallet like your Ledger? No problem, the Vault is an additional feature. The choice is yours.
Foundation
Balances in the Anycoin Vault, are kept in a foundation. This foundation has only one purpose, to preserve our customer funds. This construction ensures that customers are entitled to compensation in the unlikely event of Anycoin Direct's bankruptcy. In addition, we want to reiterate that we always want to give customers a choice between using the Anycoin Vault and sending coins to an external wallet.
Extra information about Ethereum Classic (ETC)
Smart contracts on Ethereum Classic
Smart contracts are written using Solidity, a programming language created specifically to write smart contracts on the Ethereum Classic blockchain. Solidity works by converting code written in a high-level language into machine code that can be stored and executed on the blockchain. This code is known as a "smart contract" because it contains instructions that are automatically executed when certain criteria in the contract are met. These instructions are usually encoded using an Ethereum Virtual Machine (EVM) bytecode, which acts as an intermediate layer between the user interface and the actual execution of the contract itself.
When two parties enter into a smart contract agreement on Ethereum Classic, they must agree to specific terms such as price, delivery date and other variables for full automation. A hash algorithm is then used to generate a unique ID for each transaction so that users can securely track it through its lifecycle. The data associated with this transaction is secured by miners who validate each block of data before it is added to the blockchain ledger. Once the transaction is validated by miners, all terms are considered immutable; ensuring that previously agreed upon terms of service cannot be tampered with or interfered with once consensus is reached among network participants.
Ethereum Classic also offers flexibility when it comes to customizing Smart contracts, as users can modify existing contracts or create new ones from scratch. This gives users more options when creating both simple and complex contracts, depending on their needs; making this platform ideal for businesses that need automated trustless operations at scale, while maintaining full control over their own data and processes.
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