An Ethereum Classic (ETC) development system is warning the public confronting a possible scam that is attempting to exploit users the day subsequently the altcoin completed its hard fork.

In a tweet posted by the ETC Cooperative on Jan. xiii, they ousted an alleged scam calling itself "EAgharta" in resonance with ETC'southward bona fide "Agharta" hard fork:

"Needless to say, 'EAgharta' is a complete scam, probably from the same people who did something very similar at Atlantis. Stay abroad.  ETC Agharta did not result in new 'Agharta coins.' They are only trying to scam you."

Fraudsters say "brand Ethereum Archetype great again!"

On Jan. 12, Ethereum Archetype had activated the Agharta hard fork, which aims to meliorate interoperability with protocol changes introduced to its blockchain via its Constantinople and St. Petersburg upgrades last yr.

The occasion of the hard fork appears to have spurred the malign actors backside EAgharta to attempt to exploit the event and peddle fraudulent proprietary "Agharta" coins. New tokens have, equally ETC Cooperative emphasizes, not in fact been created every bit function of the network's hard fork.

To warn users, ETC Cooperative posted a screenshot of EAgharta's Twitter handle and its solicitations to users to "safely claim Ethereum Classic #Agharta (ETC Hard Fork)."

The Twitter handle links to the scheme's site and its Trumpian byline of "Agharta Hardfork - make Ethereum Classic bang-up again!"

Once users enter the site, information technology prompts them to enter and save a countersign in order to ostensibly create a new, dedicated wallet. Etcagharta.org maintains it does not hold users' keys on their behalf:

"We cannot access accounts, recover keys, reset passwords, nor reverse transactions. Protect your keys & e'er check that you lot are on correct URL [sic.]"

The ETC Cooperative is an organization that oversees and deploys funds from Grayscale Investments for the development of the ETC network. The cooperative'southward spending policy supports the development of the Ethereum Classic network, infrastructure and related applications.

Historic forks

Ethereum Classic's proper name itself derives from the highly contentious difficult forking of the Ethereum Network in 2022 in the wake of the DAO scandal.

"Classic" refers to the fact that the altcoin runs on the original version of the blockchain — before the fourth dimension of the fork —  and was added to the cryptocurrency's name to distinguish information technology from its ultimately more famous successor, Ether (ETH).

With Ether currently ranked largest altcoin by market cap, Ethereum Archetype lags some way behind in 19th place. Information technology is trading at $5.42, seeing virtually no change over the 24 hours before press time.