About Us

Our Mission

The mission of ETC Labs is to build relevant, accessible, and high-quality technology, to create communities of value in a mature and regulated ecosystem. Our goal is to fulfill the promise of blockchain to improve people’s lives using the Ethereum Classic technology, one of the world’s major public blockchains.

The ETC Labs team of experts fosters partnerships with organizations and institutions in order to address fundamental challenges in developing and deploying this innovative technology. We fulfill the mission in three ways: The ETC Labs Accelerator, which invests in up to 25 blockchain projects annually that contribute to sustaining a robust ecosystem; strategic investments in innovative projects focused on economic and social development; and the ETC Core, a team of experts and developers who maintain the Ethereum Classic blockchain and build key applications, solutions, and tools.

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The History Of Ethereum Classic

The History Of Ethereum Classic
2015
25 Jul, 2015

July 30, 2015

Ethereum Launches – Vitalik Buterin and The Ethereum Foundation create the first blockchain-based turing-complete smart contract platform with the Frontier release.

2016
30 Apr, 2016

April 30, 2016

TheDAO Crowdsale Begins – TheDAO smart contract is deployed; members of the public send it value in return for DAO tokens.

27 May, 2016

May 27, 2016

TheDAO Crowdsale Begins – TheDAO smart contract is deployed; members of the public send it value in return for DAO tokens.

17 Jun, 2016

June 17, 2016

TheDAO is Hacked – Ether is slowly and silently drained from TheDAO as the re-entry bug is applied

20 Jul, 2016

July 20, 2016

TheDAO Bailout Hard Fork – With around 80% of nodes updating to the new client, the community nervously await the arrival of the DAO Bailout fork activation block 1,920,00

21 Jul, 2016

Original Non-Fork Chain (Ethereum Classic Launches)

With predictions of the original non-forked chain to disappear within hours, many are surprised to find that miners continue to support the original chain. Bisq and OTC desks give these tokens a price discovery orderbook. The markets participants rebrand this non-forked chain Ethereum Classic (ETC)

22 Jul, 2016

New Fork Chain

A forked-chain is born! The Ethereum Foundation creates an altered version of Ethereum on July 20, 2016 to reverse the DAO theft. As trademark rights holders, the Ethereum Foundation applies the Ethereum (ETH) brand to the new forked chain

09 Sep, 2016

September 9, 2016

ETH Compatibility
EVM & SputnikVM updated to support Byzantium &
Constantinople Hardfork
Classic Geth support and maintenance

2017
01 Mar, 2017

March 1, 2017

Monetary Policy Consensus – Ethereum Classic forms consensus around a 210.7M ETC fixed-cap monetary policy with a Bitcoin-inspired limited emission schedule called 5M20; 20% block reward reduction every 5M blocks

2018
29 May, 2018

May 29, 2018

Difficult Bomb Defusal Fork – The network successfully diffuses the difficulty bomb.

14 Jun, 2018

June 2018

Birth of ETC Labs – Ethereum Classic Labs was created to provide an accelerator program and broader investment in the ecosystem.

2019
25 Jan, 2019

January 2019

ETC Labs Core Team Announcement – ETC Labs launches the ETC Labs Core team containing long-term ETC contributors and volunteers.

12 Sep, 2019

September 12, 2019

Agharta Fork – The network successfully adopts Agharta network upgrade including Constantinople and Petersburg upgrades.

14 Dec, 2019

December 2019

ETC Labs Core rebrands to ETC Core – ETC Labs Core team rebrands as ETC Core.

2020
12 Jan, 2020

January 12, 2020

Atlantis Fork – The network successfully adopts Atlantis network upgrade including Byzantium and Spurious Dragon upgrades.

31 Mar, 2020

March 31, 2020

Phoenix Hard-Fork – The network successfully implements Istanbul features reaching absolute protocol parity with Ethereum.