Ethereum Classic Dedicated Node

Ethereum Classic has become the most famous fork (branching) of the Ethereum network. After a significant amount was stolen from the DAO fund, the Ethereum network management canceled transactions in this blockchain. However, some users switched to the Ethereum Classic (ETC) blockchain. For its shared and dedicated nodes, Ethereum Classic network uses a type of Proof-of-Work algorithm. This implies the need to mine Ethereum Classic. Currently, the two networks operate completely independently of each other.

One important difference is the maximum number of coins in circulation. The maximum number of ETH coins in circulation on the network is unlimited. However, with each new block, the reward for mining Ether decreases smoothly and gradually. Over time, the dedicated nodes of the Ethereum network (together with shared ones) should switch to the Proof-of-Stake algorithm. At the same time, the maximum number of coins in circulation in the blockchain is just over 210 million ETC. The transaction fee in the ETC network is fixed and amounts to 0.0001 ETC, while in the ETH network’s dedicated nodes the fee is calculated dynamically, depending on the network load. Transaction time on the Ethereum network and its classic version is almost the same and is within 13 seconds which makes Ethereum dedicated nodes attractive for dApps.

The Ethereum Classic blockchain relies on the ETC node network to validate transactions. Any user can download and install free node software from the official website. There are no financial incentives for owners of full ETC nodes. As with the Ethereum network, each ETC client becomes a lightweight ETC node (not to be confused with Ethereum dedicated nodes). These nodes are often called relay ETC nodes because they only transmit transactions on the network. When a transaction reaches a full node, a full verification of the transaction occurs and it is either included in the ETC blockchain or discarded by the full ETC node.

The ETC network has support for blockchain smart contracts, dApps, and web3 apps. Similar to the Ethereum network, a parameter such as gas is required to account for the required processing power. Ethereum dedicated nodes also operate the Ethereum Virtual Machine (EVM). Both video card GPUs and ASICs are used to mine ETC. Like Ethereum miners, ETC miners are combined into pools. Based on the Ethereum Classic blockchain, it is possible to create custom tokens. Developers of blockchain smart contracts, dApps, and web3 apps for the Ethereum Classic network have a powerful API available. It includes tools like WebSockets blockchain API, JSON RPC blockchain API, blockchain endpoints, and more.

Developers of blockchain smart contracts, dApps, and web3 apps for the Ethereum Classic network cannot do without ETC dedicated nodes. In addition to the Ethereum Classic mainnet, there is the ETC testnet. Ethereum Classic mainnet, ETC testnet have almost identical settings. The main difference is in the parameters of the Ethereum Classic nodes that are connected to.

Ethereum Classic dedicated node, otherwise known as Ethereum Classic dedicated server is extremely difficult to install and configure. This task will take a lot of time even for the most experienced software developer. A good alternative would be to order services such as ETC blockchain nodes as a service. This will allow us to forget about compromises with speed and productivity, and to fully reveal Ethereum Classic potential.