What is ETC virtual currency?

What kind of currency is ETC virtual currency? According to official news, the Ethereum Classic (ETC) team has recently launched a decentralized exchange based on the Ethereum network. On this platform, users can trade various tokens, mine, make transfers, and make payments, as well as manage the fund pool through the issuance of various types of assets. In addition, it is also possible to obtain rewards similar to Bitcoin by staking ETH. But how do these tokens work? Due to the different technological principles they adopt, it is impossible to determine their specific functions and application scenarios.

However, with the improvement of technology, more and more developers are starting to open-source their codes and constantly provide services to the ecosystem. This will make the development of the entire virtual economy more transparent and controllable, bringing about significant changes to the blockchain industry. Therefore, for developers, the most important thing is to see if the ways and experiences they use are good enough, for example, if they can make their technology more user-friendly.