In order to increase the compatibility of Ethereum, Ethereum Classic has just finished up the Atlantis hard fork in regards to worries from the exchange support.
When you take into consideration that the update lacked backwards compatibility, meaning people and firms all across the crypto companies were required to update software in order to ensure funds remain safe and easily accessible.
The Atlantis hard fork wasn’t exactly a smooth ride for the team at Ethereum classic though. The Cooperative director of developer relations Yaz Khoury said the following on Twitter earlier this week.
Congratulations @eth_classic on the successful activation of the Atlantis Hardfork!
— Yaz Khoury (@Yazanator) September 12, 2019
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
Thx @a4fri!
🔱🔱 https://t.co/FhJiqo66ww pic.twitter.com/Uu1VG6wUC0
At the end of the Atlantis fiasco came a lot of debate from eternally with the logistics of the hard fork but with representatives of the exchange. Just before the fork update, all the platforms that support Ethereum Classic had to update code to avoid any bugs and glitches users could have experienced on the platform.
The hard fork was initially scheduled to go live earlier this summer but due to a debate from Khoury, it was postponed.
Vitalik Buterin was actually the one who originally made the suggestion that EIP 170 would place a cap on the size of the smart contract code included in a transaction. Buterin explained that with the limit, it would prevent specific attacks at the time.
In terms of price, Ethereum Classic is currently in the red with a price of $6.29 at the time of writing following a 0.61 percent decrease.
It will be interesting to see how this plays out. For more news on this and other crypto updates, keep it with CryptoDaily!
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