Home Ethereum Classic News Ethereum Classic (ETC) Announced TestNet Ready For the Crypto Market

Ethereum Classic (ETC) Announced TestNet Ready For the Crypto Market

  • The leading blockchain platform Ethereum Classic (ETC) today announced that the successful updation of its testnet is completed and was on the process for its Mainnet launch.
  • This announcement was revealed by a recent tweet on the official twitter account of Ethereum Classic saying all Ethereum Classic Testnets are now successfully updated, proposed to launch mainnet in June 2020.
  • During this process, various opcodes will be added to the Ethereum Classic network.

The leading blockchain platform Ethereum Classic (ETC) today announced that the successful updation of its testnet is completed and was on the process for its Mainnet launch.

ETC proposed to launch mainnet on June 2020

This announcement was revealed by a recent tweet on the official twitter account of Ethereum Classic saying all Ethereum Classic Testnets are now successfully updated, proposed to launch mainnet in June 2020.

The two Testnets are successfully running Phoniex which means that the ETC community is all set for the Mainnet activation.

Moreover, Ethereum Classic is under the process of another network upgrade code called Phoenix that will be inclusive of the Ethereum Foundation Istanbul network protocol upgrades on the ETC network.

The ETC Mainnet activation block 10_500_839 is scheduled for June

During this process, various opcodes will be added to the Ethereum Classic network. On March 9th, 2020, the Phoneix upgrade was successfully activated on the Mordor Testnet at block 999_983. Also, it was successfully activated on the Kotti Testnet at block 2_200_013 on the 15th of April, 2020.

The Ethereum virtual machine (EVM) capabilities will get further improvements on Ethereum Classic with the support of Phoenix. However, if the capability of Phoenix is taken into consideration, the ongoing process will constitute ETC and ETH completely favorable.

As per the sources, the ETC Mainnet activation block 10_500_839 is scheduled to launch in June.

Meanwhile, one more announcement was exposed by Ethereum Classic on the Twitter platform, stating Cross-Chain Atomic Swaps are available now. Decentralized trading between ETH/ETC will be now enjoyed by the users via Saturn Protocol.

Notably, ETH/ETC trading pair is just going to begin its decentralized trading function in the Saturn Network. It is expected that this platform will further expand its trading facility for DAI/ETC, USDT/ETC, and many more as per the traders’ demand.

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Priyanka Kulkarni
Priyanka Kulkarni, post-graduated in Business Administration holds worthy experience in market research and investment banking. She is passionate to flaunt her perception towards cryptocurrencies.

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