jakiro
On May 31, 2024, the Ethereum Classic (ETC) network has successfully completed the production reduction (“Fifthening”), and block rewards have fallen from 2.56ETC to 2.048ETC.
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This time halved occurred at a block with a height of 20000001, which was packed by K1Pool; the last block before the depression was packed by F2Pool.
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At present, ETC’s entire network is about 180T, which has continued to rise steadily by about 50%in the past year.The computing power of continuous and stable rising not only shows more recognition and investment in the ETC network, but also significantly enhances the network’s anti -attack capabilities, making the entire network more reliable and secure.
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As the supply decreases, the scarcity of ETC will be further enhanced.Looking forward to the future, we look forward to more developers and users to join the ETC ecology and jointly promote the development and innovation of decentralized applications.Our goal is to establish a more secure, decentralized and sustainable global computer to allow more users to enjoy the results brought by the development of blockchain technology.
