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LogoutThe Ethereum Classic project has seen numerous updates and enhancements since the split. The project’s objective is to develop a worldwide payment network based on smart contracts that can operate without the need for centralized control.
Ethereum Classic, like other cryptocurrencies, will most likely seek to be a digital store of value, meaning it can be kept and exchanged while maintaining its worth. A crypto’s digital store of value includes its purchasing power, which may be instantly converted to cash or used to purchase another asset, just like money.