Atlantis Hard Fork on the Verge of Happening as ETC Labs Releases ECIP-1054 Proposal


ETC Labs is working on the Atlantis hard fork proposal to introduce compatibility to the Ethereum Virtual Machine through the Spurious Dragon and Byzantium features.

The community is rapidly growing in stature and value in the past two weeks as Bitcoin hit $5,000 USD. Development in the field has taken a higher gear as projects update and improve their protocol standards. In particular, Ethereum Classic Labs, the working repository for ETC protocol announced the ECIP-1054 proposal. The proposal is set to introduce the Atlantis hard fork that is set to optimize the compatibility of various networks.

A series of changes is proposed on the Ethereum Classic platform through the Spurious Dragon and Byzantium hard forks.

The Atlantis Hard fork

The Atlantis hard fork is set to make Ethereum Classic networks compatible on the Ethereum Virtual Machine (EVM) that runs the Ethereum network. Adoption of the receipt status feature provides a helpful method for decentralized-application developers to access the successful or failed state of a contract. This would establish a higher level of interoperability between Foundation and Classic EVMs, and make a more extensive array of tooling available for the ETC network (e.g., Solidity version, contract debugging tools).

The Atlantis hard fork proposed changes will increase the difficulty algorithms to target a constant average of blocks. This is to make sure that a known predictable issuance rate is established on the ETC network that is secure and cannot be tampered with.

The adoption of the ECIP-1054 proposal will not be backward compatible meaning users will not be able to connect with earlier versions.

https://bitcoinexchangeguide.com/btc-bch-eth-and-xrp-forecast-analysis-todays-top-crypto-price-predictions/

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