Ethereum VS Ethereum Classic: What's The Difference? [Rn7bsILAoN]

2025-01-02T03:17:52-0600

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The Ethereum Merge generated a lot of interest in Ethereum Classic. The Merge is the event Ethereum has been building up to ever since its launch in 2015. It will transition Ethereum from a Proof of Work (PoW) consensus mechanism to Proof of Stake (PoS). It will lower Ethereum’s energy footprint as well as decrease the costs of running a node. As a result, Ethereum will become more energy efficient and more decentralized. Conversely, Ethereum Classic would remain the same - using PoW consensus. It has stayed under the radar for a while, whereas Ethereum has been the talk of the town. But as we get closer to the Merge, more miners are considering Ethereum Classic as an alternative. So in this video, we will put Ethereum and Ethereum Classic together to see how they compare against each other. Links Track ETH here: https://www.coingecko.com/en/coins/ethereum Track ETC here: https://www.coingecko.com/en/coins/ethereum-classic Read our article: https://www.coingecko.com/learn/ethereum-vs-ethereum-classic Timestamps: 00:00 Intro 00:40 Consensus mechanism 03:24 Security 04:15 Ecosystem comparison 04:57 Future of ETH and ETC 05:33 Outro Download CoinGecko App!📱 iOS: https://gcko.io/coingecko-ios Android: https://gcko.io/coingecko-android Follow us! Twitter: https://twitter.com/coingecko Instagram: https://www.instagram.com/coingecko TikTok: https://www.tiktok.com/@coingeckotv Telegram: https://t.me/coingecko Subscribe to CoinGecko's Newsletter! 📩 https://landing.coingecko.com/newsletter/ #ethereum #ethereumclassic #crypto #blockchain #cryptocurrency #web3