BOMB is an Ethereum based token that is designed to be a deflationary cryptocurrency self-destructing currency. The project is meant to be a social experiment and financial case study to determine the feasibility of a deflationary currency. There were originally 1,000,000 BOMB in circulation, and 1% of each transaction is destroyed.

Ethereum Classic is the original protocol of Ethereum. As a result of the massive hack on the Ethereum-based DAO, in which around 14% of all ETH in circulation were stolen, a hard fork was proposed to return the stolen funds to their owners. This caused an ideological split revolving around the question of changing previous transactions in the blockchain. Some Ethereum holders rejected the hard fork, and decided to keep using the original protocol, based on the principle that the blockchain is immutable, and cannot be changed.