Ethereum Classic’s Atlantis Upgrade To Start Testing This Month

Ethereum Classic’s Atlantis Upgrade To Start Testing This Month

The Ethereum Classic network is getting ready for another upgrade with its developers rounding up their ideas to smoothly bring in the Atlantis upgrade. The development team held a developer call last week on June 6th, where they talked about their plan to pull the testnet activation of the upgrade forward. Although, the upgrade could be accelerated to as early as next week, rather than the initial release date of early August.

So as it seems that Atlantis is getting a test run this month instead, a developer on the Ethereum Classic network, Soc1c has said:

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

The developer spoke to CoinDesk and went on to talk about the future of the network:

“I can’t tell what the future will bring. For now we agreed to fork the testnets with everything included in [Atlantis] as it is, and reserve the option to modify mainnet spec and date in a subsequent call.”

The Atlantis upgrade would bring in some major upgrades on the network, with one of the key aims being the interoperability between Ethereum Classic and Ethereum blockchains which would allow for dApps to migrate between the two blockchains.

This is news that has given investors some well-needed confidence. They seem to feel that a mainnet arrival looms closer now that development is making significant moves.

Before we go any further though, it’s worth saying that we aren’t financial investors and this isn’t financial advice. Please do your own research before putting your money in a cryptocurrency and always remember to trade safe!

In terms of price, Ethereum Classic has had a good 24 hours. The token is currently priced at $8.21 following a 0.69 percent change in the past day.

Investment Disclaimer
Related Topics: