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Ethereum Classic Successfully Completes ‘Agharta’ Hard Fork

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The latest cryptocurrency news today show that Ethereum Classic successfully completed the Agharta hard fork at the block number 9,573,000 at 06:26 UTC on Sunday, according to etcnodes.org.

Similar to the network and its last backwards as well as the incompatible upgrade in September, Atlantis, Agharta makes Ethereum Classic (ETC) more interoperable with the sister-chain Ethereum.

As part of the new hard fork, the Constantinople and St. Petersburg upgrades deployed in tandem on the ETH network last February will be enabled under Ethereum Classic Improvement Proposal (ECIP) 20156.

The 22nd largest cryptocurrency by market capitalization, Ethereum Classic successfully rised following the hard fork but still has a messy divorce foloowing the 2016 DAO hack. Ethereum Classic and the community members opted to not roll back the transactions enabling the DAO hacker to steal the funds. Meanwhile, the Ethereum soft-fork partially reclaimed the hacked funds.

Three years after the split, Ethereum Classic has engaged in efforts to rebuild the community and technical ties between the two chains, Atlantis and Agharta. These are the two measures towards this effort.

As reported by media outlets before in the Ethereum Classic news, ETC and Constantinople included four ETH improvement proposals (EIPs) and most code changes revolved around optimizations for developers, code edits for further scaling solutions and Ethereum’s economic policy.

Even though different chains with different visions are there, Ethereum Classic successfully rises. The only problem is that the altcoin is facing similar difficulties to Ethereum. According to the ETC Core executive director Bob Summerwill, ETC is showing signs of consolidation around select clients – and the full servers which process network requests – similarly to Ethereum.

“The client diversity problem on ETC is in the opposite direction [of ETH], with Parity-Ethereum dominating,” Summerwill said in the ethereum AllCoreDevs Gitter channel. “Geth Classic is being deprecated and won’t be supported after this pending fork, and it looks like most node operators are taking the advice and migrating off.”

At the time of writing, Ethereum Classic successfully operates with 252 Parity Ethereum clients, 167 Geth Classic, 80 Multi-Geth and 1 Besu for a total of 500 clients. The developers expect the Multi-Geth and Besu clients to fill the gap.

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Ethereum Classic News

ETC Labs Core Rebrands To ETC Core, Clarifying Difference With ETC Labs

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The blockchain latest news today show us that one of the major developers organizations Ethereum Classic (ETC) - ETC Labs Core - has officially rebranded to ETC Core. The update was confirmed in a December 15 blog post, where ETC Core's technology coordinator Stevan Lohja announced that ETC Labs Core had been rebranded to just ETC Core.Lohja also stipulated and noted that the rebranding will assist the company to differentiate itself from ETC Labs, which was one of the first incubators that supported innovative projects on the Ethereum Classic blockchain.The Ethereum Classic news today also show that Lohja introduced the development team ETC Labs Core at the beginning of 2019. Ever since then, this team has been working on core ETC projects and supported the coin's blockchain. They also actively provided tools for decentralized applicaiton development, mining and services.As of recently, we could see how Lohja announced that ETC core developers and all the ecosystem stakeholders who participated had agreed on a target block number for mainnet activation - as well as a testnet review period for greater assurance. “Core developers agreed to activate Agharta on mainnet at block 9_573_000 which is expected around Jan. 15, 2020,” Lohja noted and added:
“Assuming all testnets are running smoothly or any needed configurations are made, then Agharta will proceed to Accepted status, and Final when activated on mainnet across clients.”
In early September, the same team at ETC Labs Core activated the Atlantis hard fork which was aimed at improving the altcoin's functionality and compatibility with Ethereum (ETH). The ETC Director of Developer Relations Yaz Khoury also congratulated the project and the entire development, noting:
“Congratulations @eth_classic on the successful activation of the Atlantis Hardfork! Was one of the longest debates to reach consensus along with a lot of the immutability politics Learned a lot about the beauty of decentralization and a distributed community.”
Besides the ETC Labs Core update and rebranding, market news and updates show that Ethereum Classic (ETC) is now at $3.71 with a new 2.74% decrease overnight. The entire altcoin market is now vulnerable and may take new hits along with BTC which managed to visit the lower $6,000 region once again.
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Ethereum Classic News

Ethereum Classic Successfully Implemented Its Atlantis Hard Fork

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Ethereum Classic Successfully
The team behind the cryptocurrency Ethereum Classic (ETC) is featured in the latest cryptocurrency news for activating the Atlantis hard fork which was aimed at the improvement of the altcoin and its functionality and compatibility with Ethereum (ETH). Now that Ethereum Classic successfully implemented its new hard fork, the ETC Director of Developer Relations Yaz Khoury tweeted but also voiced his opinions and congratulated the project with the development.As Khoury said in the news:
“Congratulations @eth_classic on the successful activation of the Atlantis Hardfork! Was one of the longest debates to reach consensus along with a lot of the immutability politics Learned a lot about the beauty of decentralization and a distributed community.”
As such, Ethereum Classic successfully performed the Atlantis hard fork in accordance with the previously estimated time - between September 12 and 13 this year - at block height 8,772,000. The ETC Labs team was also featured in the altcoin news this June for stating:
“The community has had a number of meetings to discuss timing, scope and involvement, and we have decided on the direction and timing of the Atlantis release.”
The Ethereum Classic is meant to improve security while taking into account the community's concerns. It is also considered as a no-rush update which will ensure the compatibility of ETC with Ethereum, which will make it easier to collaborate with sibling blockchains.As many news sites reported in June, Ethereum Classic successfully planned on the entire hard fork. The developers and contributors considered putting the hard fork at block number 8.75 million, predicting it to run on September 15.However, ETC Labs moved to increase the block number so that it would have the projected update during the week, in times when more involved parties are more likely to be present to discover and deal with issues which may arise.Following the announcement, Ethereum Classic successfully launched the hard fork and received support from a lot of industry players. It seems like ETC Is in the focus of the coming altcoin news.Yesterday, the cryptocurrency trading platform Bitfinex announced that it will support Atlantis as well.
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Ethereum Classic News

Ethereum Classic Is Better Than 96 Coins This Week: Up By 30%

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The coming altcoin news put Ethereum Classic (ETC) in the focus, showing that it is one of the main cryptocurrencies in the spotlight. The breakout which started on Tuesday and the subsequent correction on Wednesday have put ETC up from 18th to the 16th place in terms of tis total market capitalization.As it stands now, Ethereum Classic is better than 96 coins compared to their performance this week. Even though the rise over the past days has been impressive, most of the gains were recorded yesterday. At press time, Ethereum Classic (ETC) is shy of $7 with a market cap of $787 million and a meteoric 24 hour volume of $874 million, which some label as fake.The price chart, as the altcoin news illustrate, shows that by trading volume in the past 24 hours, ETC is also among the top coins. Still, some members of the cryptoverse question how real these numbers are, especially when the market data providers present different numbers.As it stands, the ETC trading volume is:
  • USD 1.6 billion on Coinmarketcap
  • USD 1.35 billion on Coinpaprika
  • USD 1.6 billion on Coingecko
  • USD 601 million on Messari
Analysts believe that the fake volume on Ethereum Classic is "worthy of a case study."https://twitter.com/Crypto_Fugger/status/1164820412728954880Even though the recent rally itself was enough to attract more traders, a new announcement by Ethereum Classic Labs shows that the London-based investment company North Block Capital joined the ETC Labs' Studio program.
“ETC Labs and North Block Capital will work together on creating comprehensive token sale initiatives for North Block Capital investments, clients and partners. As part of Studio, ETC Labs will provide technical support to create, launch and manage token sales as well as marketing expertise for promoting to the Asian market and creating liquidity through exchange listings in Asia,” according to the announcement shown on many best cryptocurrency news sites.
As reported, it is very likely that many traders are positioning themselves in the coin ahead of the scheduled hard fork, which is expected to occur on September 13. Although the fork has been planned for a long time, events like these tend to draw the attention of traders and some of them are looking to turn profits ahead of the fork.
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Ethereum Classic Pumps 25% Following Hard Fork Proposal

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rtw2a1emh8101 - Ethereum Classic Pumps 25% Following Hard Fork Proposal
In the latest cryptocurrency news, we are seeing a continued momentum for a lot of cryptocurrencies and some great movement from Bitcoin which has also affected the rest of the market, pushing up the total market cap towards $180 billion which is the highest level that it has been since November.And while Bitcoin is at $5,150 before a slight pullback, the 3% gain on BTC has also led some altcoins to new gains. Aside from that, Bitcoin has gained a staggering 25% and optimism has returned for many people now.An altcoin that made the news recently is Ethereum Classic (ETC) which managed to surge by 25% to just below $7 following to a proposed hard fork called Atlantis which may be driving the momentum for ETC. The volume of ETC has also over-doubled - and from $350 million managed to reach $800 million in a short amount of time.https://twitter.com/eth_classic/status/1114244311757942784At this point, it is more than clear that ETC is the top performing altcoin in the top 100 cryptocurrencies. It managed to reach a new high for 2019 and is heading back towards price levels before November's big dump.Ethereum, on the other hand, has had a minor run of the tails and managed to reach $168, facing strong resistance over $170 now with a break that could send it all the way up to $200. XRP is not rallying anymore and is back at $0.36 as the gap to ETH widened to over $2 billion in market cap.Right now, the total market capitalization is at $180 billion and is up $5 billion from this time yesterday. The daily volume is still high at $60 billion and the momentum has seen most of the altcoins reaching their highest prices for 2019.However, despite the trend right now being bullish, it remains to be seen if the action can be sustained for a longer time - and if the best altcoins along with Bitcoin will maintain their current price levels. 
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