Ethereum Classic (ETC) maintains the same core functionality as Ethereum, serving as a platform for decentralized applications (dApps) and smart contracts. The market position of Ethereum Classic depends on its ability to demonstrate distinct qualities from Ethereum, especially after Ethereum’s transition to Proof of Stake (PoS). However, ETC differentiates itself by adhering to a strict “code is law” philosophy, which appeals to purists within the crypto space.