BTC Vs ETC
Part 2
In contrast, Ethereum Classic emerged from a hard fork of the original Ethereum blockchain and aims to provide a robust platform for smart contracts and decentralized applications. ETC's technical architecture allows for significantly faster block times (around 13 seconds) and higher transaction processing speeds (approximately 15 transactions per second) compared to Bitcoin's 10-minute block time and 5 TPS. This makes ETC more suitable for applications demanding quicker transaction finality. Unlike Bitcoin, ETC fully supports smart contracts and is compatible with the Ethereum Virtual Machine (EVM).
Regarding monetary policy, both have a capped supply, with Bitcoin at 21 million BTC and Ethereum Classic at roughly 210 million ETC. Market capitalization and price also show significant differences, with Bitcoin holding a much larger valuation and broader presence in the crypto economy. While Bitcoin focuses on maintaining security and decentralization, Ethereum Classic seeks growth through DeFi and improved scalability solutions.
