Ethereum classic (ETC) Developers Ready For the Testnet Activation of the Network Upgrade— Atlantis

Ethereum classic (ETC) Developers Ready For the Testnet Activation of the Network Upgrade— Atlantis

However, instead of fixing an extended mainnet activation date, the Ethereum Classic team has agreed on an early date. The team agreed that the testnet activation of Atlantis could be brought up 2 weeks before, that is, 19th June instead of in early August.

The blockchain network developers stated that:

“The July 1st target is off. No need to further discuss that,” “We have agreed on testnet and can still decide on mainnet.” they added.

The Atlantis upgrade allows for better interoperability between the two blockchains in a way that there is easier movement of decentralised applications (dApps) from one blockchain to the other.

The upgrade was initially introduced to original ethereum network in 2017 but was designed in 2016. It was created similarly to a fork of the ethereum network after the fall of The DAO, a smart funding vehicle which was based on contract and failed due to a weakening code exploit. It was launched despite disagreements regarding plans to hard fork the network so as to effectively undo the damage inflicted by The DAO’s failure, with ETC continuing on with the original chain.

Also, just last week, there were disagreements last week over the parts of Atlantis. These disputes included the efficiency of creating a fixed cap to the size of smart contract code on the blockchain.

 

source: https://coindoo.com/ethereum-classic-etc-developers-ready-for-the-testnet-activation-of-the-network-upgrade-atlantis/

TheBitcoinNews.com is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some Satoshi with the exciting new Lightning Network Tippin.me tool!

Share your thoughts, add a comment!

You must be logged in in order to place a comment.

Article comments

Loading...
No comments yet, be the first to comment this article