Ethereum Classic Successfully Implements Atlantis Hard Fork

Published at: Sept. 12, 2019

The team behind Ethereum Classic (ETC) has activated the Atlantis hard fork aimed at the improvement of the altcoin’s functionality and compatibility with Ethereum (ETH).

The news was announced in a Twitter post by ETC Director of Developer Relations, Yaz Khoury on Sept 12. Khoury congratulated the project with the development, saying:

“Congratulations @eth_classic on the successful activation of the Atlantis Hardfork! Was one of the longest debates to reach consensus along with a lot of the immutability politics Learned a lot about the beauty of decentralization and a distributed community.”

Going according to plan

As such, ETC successfully performed the Atlantis hard fork in accordance with previously estimated time — between Sept. 12 and Sept. 13, 2019 — at block height 8,772,000. As ETC Labs told Cointelegraph in June: “The community has had a number of meetings to discuss timing, scope and involvement, and we have decided on the direction and timing of the Atlantis release.”

This hard fork is meant to improve security while taking into account the community’s concerns. It is also considered a no-rush update that will ensure the compatibility of ETC with Ethereum, making it easier to collaborate with sibling blockchains.

As reported in June, developers and contributors considered putting the hard fork at block number 8.75 million, predicting it to run on September 15. However, ETC Labs subsequently moved to increase the block number in order to have the projected update during the week, when more involved parties are more likely to be present to discover and deal with any issues that may arise.

Support from industry players

Following the hard fork announcement, ETC has received support from an array of industry players, including cryptocurrency exchange OKEx. The exchanges revealed its support on Sept. 10, also warning that it will handle related technical issues and resume services once the ETC mainnet is stable.

Yesterday, cryptocurrency trading platform Bitfinex announced that it will support the Atlantis as well.

Tags
Related Posts
Analysts debate whether Ethereum’s London hard fork is a 'sell the news' event
Ethereum advocates are bubbling with anticipation over the upcoming London hard fork, which is scheduled to take place at block height 12,965,000 on Thursday. Data from Cointelegraph Markets Pro and TradingView shows that the price of Ether (ETH) rallied from a low at $2,450 in the early hours on Wednesday to an intraday high at $2,772 for an 8.2% gain on the day. One of the most common occurrences in the crypto market is a large price run-up ahead of a major news announcement or protocol upgrade, which is subsequently followed by a price dump, as those who got in …
Blockchain / Aug. 5, 2021
What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies
It’s undeniable that Bitcoin (BTC) and Ether (ETH) are currently the two most dominant cryptocurrencies, and as a result, they receive most of the attention from the mainstream media, institutional investors and retail investors, but this doesn't mean that the sector leaders are not occasionally challenged by competitor networks. Two forked projects that once sought to challenge Bitcoin and Ethereum for their seats at the top are Bitcoin Cash (BCH) and Ethereum Classic (ETC). In the past week, both coins have demonstrated that they are still capable of generating excitement and producing big gains. Data from Cointelegraph Markets and TradingView …
Bitcoin / April 16, 2021
Ethereum Block Time Reduced by 25% After Muir Glacier Hard Fork
The average block time on the Ethereum blockchain decreased by almost a quarter after the mining difficulty was decreased. Data reported on Ethereum block explorer Etherscan shows that from Jan. 1 to Jan. 4, the daily average block time on the blockchain decreased from 17.16 seconds to 12.96. This translates to a 24.48% shorter block time. Chart of the Ethereum average block time March 3-Jan. 4. Source: Etherscan Obviously, the block time decrease resulted in a higher number of blocks mined daily and a higher Ether (ETH) inflation. According to Etherscan’s Ethereum block count and rewards chart, during Jan. 1, …
Blockchain / Jan. 5, 2020
Ethereum Istanbul Hard Fork Get Support From Major Crypto Exchanges
Following the successful Ethereum Istanbul hard fork update, several popular exchanges have announced their official support for the network upgrade. Yesterday, on Dec. 7, the Ethereum’s network saw ample collaboration between node operators and miners to update the software to support the Istanbul hard fork. Some crypto exchanges even sounded their willingness to update a few days prior to the scheduled hard fork. A widely supported hard fork Notably, Binance announced support for the upgrade on Dec. 5 and the day afterwards its U.S. subsidiary did the same. Coinbase also tweeted yesterday that Ethereum and ERC20 deposits and withdrawals have …
Blockchain / Dec. 9, 2019
3 strategies investors might use to trade the upcoming Ethereum Merge
The Ethereum network’s long-awaited transition from proof-of-work to proof-of-stake is set to occur on Sept 15 to Sept. 16 and for the last year traders and analysts have been discussing various outcomes for the upgrade and possible trading strategies. Let’s take a look at three options investors and traders have. Hodl ETH to earn the expected “hardfork” token The first strategy is relatively simple. Traders can simply buy Ether (ETH) in the spot market and hold it in their exchange wallet, or whatever platform/wallet will support forked tokens, and wait for the expected PoW token. Way back in 2017, when …
Blockchain / Aug. 17, 2022