Two Of The Largest Supporters Of The Ethereum Classic Node Leaving The Project

  • Ethereum Classic Node clients, OpenEthereum and MultiGeth announced their depracation towards the project. 
  • Both the clients account up to 70% of the total $ETC network node count.
  • OpenEthereum is Ethereum Classic’s client for 4 years whereas MultiGeth is a client for 2 years.

Few days ago two of Ethereum Classic Node client’s announced their depracation towards the project. The clients are OpenEthereum and MultiGeth. Per estimation both the clients account up to 70% of the total $ETC network node count. This may be a big matter of concern for the Ethereum Classic and they should take appropriate actions regarding this. A tweet by Wei Tang revealed that OpenEthereum and MultiGeth were apparently the oldest clients. OpenEthereum is Ethereum Classic’s client for 4 years whereas MultiGeth, a client for 2 years. None of the current ETC clients have supported more than a year. Besu has been supporting since last year’s September, CoreGeth forked MG this spring and openETC has just started.

OpenEthereum And MultiGeth Had Contributed 70% Of The Total Node Count

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The reason as stated by the two clients is that they wanted to work on some other project. OpenEthereum and MultiGeth walking away from protocol means that in future only 30% of the total ETC nodes will be supporting hard forks. This is because both the clients altogether constituted 70% of the node count, as mentioned above. Out of total 615 nodes in the Ethereum Classic network, 425 nodes will cease to work from now onwards. This means that out of the remaining 190 nodes, Besu has a  total of 3 nodes and the remaining 187 nodes belong to CoreGeth. Previously, OpenEthereum and MultoGeth had supported 294 and 131 nodes respectively. 

In 2016, the Ethereum interface divided into Ethereum and Ethereum Classic because of the DAO attack because of a vulnerability in its codebase. As mentioned above this may be a difficult situation for Ethereum Classic because of the plummeted number of nodes. In order to safeguard the system from third party attacks it is important to maintain large and diversified nodes. 

Large And Diverse Nodes Needed To Block Third Party Attacks 

Bob Summerwill, ETC Cooperative Executive Director said that the remaining clients CoreGeth and Besu may still be good options if they can make the best out of it. As per reports OpenEthereum backed off from the support in order to support its Ethereum client which was previously known as Parity-Ethereum. The ETC  project maintained by Gnosis decentralised exchange (DEX) which supported both ETH and ETC. The founder of Gnosis said that it lacked the ability of getting involved in governance of other chains and that their main focus was Ethereum.

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Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.

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