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Ethereum Classic Postpones Phoenix Day To June 10th

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  • Ethereum Classic, announced that it is on track to reach full bytecode compatibility with the ETH mannite.
  • Ethereum Classic further called the March 25th, 2020 as the Phoenix day calling it a day “ETC will truly be reborn.”
  • As per the ETC Core Dev Audio Recap, the Phoenix day has been delayed from March 25th 2020 to June 10th 2020.

On January 30th, the open-source, blockchain-based distributed computing platform, Ethereum Classic, announced that it is on track to reach full bytecode compatibility with the ETH mannite. The platform further added that even though it was then facing some specification flaws.

It hoped to overcome them and activate the two hard-forks, namely ECIP 1061: Aztlán EVM and Protocol Upgrades (Yingchun Edition) and ECIP 1078: Phoenix EVM and Protocol Upgrades on March 25th 2020.

Ethereum Classic further called the March 25th 2020 as the Phoenix day calling it a day “ETC will truly be reborn.” However, in a news release today, the computing platform has announced that the Phoenix day has been postponed to June 10th 2020.

Here is the tweet where the platform initially announced its intention for the Phoenix day:

https://twitter.com/eth_classic/status/1222825531122434050

In a tweet on its official twitter account, Ethereum Classic gave quick updates of its recent meeting of the core developers on the finalization of the ECIP-1078 Phoenix. As per the ETC Core Dev Audio Recap, the Phoenix day has been delayed from March 25th, 2020 to June 10th, 2020.

The tweet was published on February 6th, 2020, at around 2 pm. The announcement came as a surprise to many due to a shift of more than two months. It further indicated that the developers have not been able to the misspecification before the set hard fork deadline.

https://twitter.com/eth_classic/status/1225331292054736897

The tweet further revealed that the “ECIP-1078 moved to the last call,” indicating that the ECIP protocol development is in its final stage. This also shows that there is a high chance for the hard fork to be completed before the new deadline. The tweet further mentioned that Ethereum Classic aims to deliver the full byte code compatibility with ETH main net at block 10,500,839.

With the new timeline and an updated Phoenix day, it seems as though Ethereum Classic has given its protocol developers enough time for bug fix if there are issues during the test net phase.

Further, the timeline also allows the platform to abort any other specification issue that might come up. It only remains to be seen how the crypto market will react to the delay in the release of the hard forks.

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