Cryptocurrency Q&A
Is Ethereum Classic decentralized?
Is Ethereum Classic decentralized?
Thu Jan 09 2025
|
6 answers
1219
I'm wondering if Ethereum Classic is decentralized. I want to understand if it follows a decentralized structure like other cryptocurrencies, where there's no central authority controlling it.
6 answers
Fri Jan 10 2025
Ethereum Classic operates as a decentralized network.
Was this helpful?
296
85
Fri Jan 10 2025
Under this algorithm, miners engage in complex calculations.
Was this helpful?
147
96
Fri Jan 10 2025
This network is composed of numerous nodes.
Was this helpful?
246
56
Fri Jan 10 2025
The purpose of these calculations is to create new blocks.
Was this helpful?
121
41
Fri Jan 10 2025
These nodes are responsible for synchronizing and validating the blockchain.
Was this helpful?
321
45
Load 5 more related questions
