Altcoins News

Story: Ethereum Classic Facilitates New Decentralized Paradigm Which Moves Wealth Back to Owners…

By Maheen Hernandez

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Ethereum Classic Executive Director Affirms ETC Participation in Parity DAO

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Ethereum Classic Parity Node Operators to Upgrade As Well

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Bob Summer will, Executive Director of Ethereum Classic at the end of the past year, stated that the Ethereum Community is not any longer fighting within itself.

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There is an increase in geopolitical concerns, and the overall crypto sentiments are becoming positive.  The price of the Ethereum Classic increased by 7%.

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Ethereum Classic continues to focus on building unstoppable applications.  The Ethereum Classic Ecosystem has ETC, which consists of the cryptocurrency ETC, a blockchain…

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Bob Summerwill tweeted:  “So Parity-Ethereum just moved past 50% of in-consensus ETC nodes” Further tweeted, “ETC Loves Parity.

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In turn, James C. Johnson, Co-founder of Oaken Innovations, replied interrogating thus:  "Will ETC actively participate in the Parity DAO since this is becoming the network?”

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In reply, Bob Summerwill stated, "I am sure some ecosystem participants would engage in OpenEthereum unconditionally, yes.

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Further added, “There is no legal precedent for change of licensing of software controlled by a DAO.

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Summerwill eventually clarifying stated, "If the only route forward is OpenEthereum with GPLv3 with a DAO for governance, I think that will inevitability lead to the death of the…

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Because some of the Parity Ethereum nodes are not synchronizing, Ethereum Cooperative required, "Ethereum Classic Parity node operators to upgrade as well.

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By January 12, 2020, nodes were required to upgrade their nodes for Agharta tweeting, "URGENT - Time to upgrade your ETC nodes for Agharta (~ January 12, 2020)!”

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The real-time tracking for network update progress is available from https://etcnodes.org/agharta.

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ETC continues to “Move slowly, deliberately, and diligently, sort of like a turtle.”

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Read also: Ethereum Classic restores the ethos of original Ethereum blockchain like no other - Sydney Ifergan

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