Ethereum Classic Labs Implements Major Upgrade to Increase Network Functionality
The Devs of Ethereum Classic are implementing an upgrade to the network that is intended to increase functionality and capability of the network, thus bringing it closer to mainstream adoption.
The hardfork known as Atlantis, adopts Ethereum’s “Byzantium” protocol upgrade on ETC and is to be implemented on the ETC mainnet on 1 July 2019.
Announcement: ETC Labs upgrades Ethereum Classic to expand functionality and improve compatibility with Ethereum, moving ETC into the mainstream. Learn more. https://t.co/UJ33QvSshK#EthereumClassic #ethereumclassiclabs #atlantishardfork #Blockchain pic.twitter.com/ygVWJDRA0M
— Ethereum Classic Labs (@etclabs) June 3, 2019
This is in a bid to increase compatibility between Ethereum and Ethereum Classic which used to be one blockchain. The upgrade has 10 Ethereum Improvement Proposals, improvements to stability (EIP 100), Op-code upgrades (EIP 140, 211, and 214), precompiled contracts (EIP 198), precompiled contracts to improve zk-Snarks (EIP 196 and 197), performance related improvements (EIP 161 and 170) and enhanced security (EIP 658).
“We are excited to have such advancement in quality tools and fundamental building blocks to build on. ETC Labs has been critical in the development of the future tools and infrastructure of Ethereum Classic, and we are committed to maintaining the core principles of the community,” stated Shane Jonas, ETC Labs Core Development team member.
The compatibility between the two projects will allow for greater collaboration in building blockchain-based products. The Ethereum Classic Lab has been working hard on improving the network and has released many other products including Jade Service Runner, the first of the Jade Suite of tools for ETC last week and OpenRPC last month which will improve dapp development experience.
The Ethereum Classic Labs was set up to ensure the rapid development of the Ethereum Classic community and ecosystem. With its competent core developer team, the Labs provide development tools and interoperability functionality and technology resources to give developers the required resources for building applications and products on the Ethereum Classic Blockchain.
The Labs also provides both financial and intellectual support for the development of Ethereum Classic solutions.
Atlantis is being implemented on the Ethereum Classic testnet from now until it eventually gets on the mainnet in July. By then, this is expected to effectively bring Ethereum and Ethereum Classic together to join forces in building more decentralized blockchain-based applications that will improve user experience for both blockchains.