Ethereum Classic Announces 68% of Miners Confirms Support For ETC Phoenix Upgrade

Umme Haani
Umme Haani is a writer for Thecoinrepublic. she contributes a researched piece on cryptocurrencies and updates. Umme is an aspiring engineer who immensely enjoys writing and technical writing brings the best of both worlds under one roof for her.
  • Ethereum Classic took to Twitter today to unveil about top miners confirming their support for the ETC Phoenix network upgrade.
  • The phoenix network upgrade has been dated to take place on June 3 this year at block 10_500_839.
  • The team further hopes that more miners, and stakeholders will come forward to support the Phoenix hard fork.

  • The development team directed miners, exchanges, and other services that use Ethereum Classic node software to update the Core-Geth or Hyperledger Besu software. 

Ethereum Classic took to Twitter today to unveil about top miners confirming their support for the ETC Phoenix network upgrade. These top miners reportedly make up a minimum of 68 percent hash-rate share on ETC. The phoenix network upgrade will take place on June 3 this year at block 10_500_839. 

ETC Core, ETC core’s development team further thanked 2miners, AntPool/ Bitmain, Comining, and all others who had confirmed their support. ETC Core is known to deliver infrastructure tooling, specifications, and resources to the ETC platform. The team believes in putting continued efforts to offer high-quality software, readability, and cross-chain compatibility. They are responsible for maintaining the Core-Geth client and participating in protocol research, and upgrades.

The team further hopes that more miners, and stakeholders will come forward to support the Phoenix hard fork. As the upgrade lies barely a month away. Hence, this very fact puts the platform in a good position. They further stated that they will continue the coordination of the upcoming hard-fork with stakeholders besides the ETC community.

Software update provided to services utilizing Ethereum Classic node

The development team directed miners, exchanges, and other services that use Ethereum Classic node software to update the Core-Geth or Hyperledger Besu software. The previous software Parity Ethereum and Multi-geth have now moved to the Open Ethereum project.

Further details of the new software were provided. The ETC Core team will directly maintain the Core-Geth software, whereas ETC Coop will maintain the Hyperledger Besu. Additionally, Core-Geth is a new fork of the Foundation’s Go Ethereum client to offer better security. And Hyperledger Besu is a brand new enterprise-grade Ethereum Classic client.

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