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이더리움 vs. 이더리움 클래식

Curious about the difference between Ethereum and Ethereum Classic? You’re not alone. These two crypto assets share many similarities apart from just their names.

 

In fact, Ethereum Classic was created because a group of users chose not to upgrade to new code recommended by Ethereum developers in light of the DAO hack, and chose to run the Ethereum blockchain unaltered.  

 

Let’s dive deeper into the differences between Ethereum and Ethereum Classic. 

Ethereum vs Ethereum Classic
Ethereum

ETHEREUM

Ethereum was built to be a kind of operating system for any number of custom assets and programs.  A majority of its users upgraded its software to restore funds to those who lost them during the DAO hack.

Ethereum Classic

ETHEREUM CLASSIC

Ethereum Classic is a continuation of the older Ethereum software with the record of the theft. By continuing to run this code, the users effectively created a new cryptocurrency.

To further understand how these two complex networks work, read below for a side-by-side comparison of Ethereum vs Ethereum Classic so you can start to better understand and appreciate the differences yourself.

The difference between Ethereum and Ethereum Classic

Ethereum

이더리움(Ethereum)은 맞춤형 자산 및 새로운 종류의 경제 응용 프로그램을 위한 글로벌 오픈소스 플랫폼을 구현하기 위한 목적으로 만들어졌습니다. 

 

현재까지 가장 야심 찬 블록체인 프로젝트 중 하나로 인정받고 있는 이더리움은 블록체인 기술을 활용하여 화폐를 넘어 다양한 산업 분야에서 제품과 서비스의 탈중앙화를 지원합니다. 

 

지금까지 이더리움은 다양한 기능적 측면이 강조된 몇 가지 구별되는 단계를 거쳐왔습니다.

 

처음으로, 2017년 기업가들은 유명한 'ICO 붐' 기간에 이더리움으로 몰려들었습니다. 크리에이터들은 새로운 프로젝트를 위한 자금을 모으는 데 이더리움 블록체인의 새로운 자산을 활용했습니다. 이 기간 동안 이더리움은 글로벌 자본을 배분, 조달하는 메커니즘으로서 중요한 역할을 수행하였습니다.

 

탈중앙화 금융(DeFi)으로 불리는 새로운 이더리움의 단계는 2020년 주목을 받기 시작하였습니다. 이러한 움직임을 통해 전통적인 은행이나 중개자 없이 대출 등의 금융 서비스를 자동화할 수 있는 탈중앙화 어플리케이션(dapps)이 발전하였습니다.
 

Ethereum Classic

When Ethereum Classic (ETC) emerged, it challenged the idea about how blockchains could be launched, altered and upgraded.

 

Rather than copying and modifying an existing cryptocurrency software, or writing a new software from scratch, a minority of users continued to maintain the older Ethereum software with the record of the DAO hack after the software, now known as Ethereum, was upgraded. 

 

Thus, the Ethereum Classic fork occurred over an ideological dispute among Ethereum users over the “immutability” of the software, or the inability of any user to alter transactions that have been added to the blockchain’s history.

 

Ethereum Classic users saw the code proposed by Ethereum’s developers in the wake of The DAO as violating an essential guarantee of the software. Project developers tended to view the code as a one-time fix for a beta software.

Useful resources

If you are interested in learning more about Ethereum and Ethereum Classic, please visit Kraken’s “What is Ethereum?” and “What is Ethereum Classic?” pages.

 

If you want to learn more about the consensus mechanisms that power each blockchain, then the “Proof of Work vs. Proof of Stake” page is where you want to go!

 

Want more in depth information on specific cryptocurrencies and blockchain projects? If so, visit our Learn Center to further your education on this ever-growing space.