June 9, 2023

Ethereum Classic network hosted Agharta hard fork

On Sunday, January 12th, the planned Agharta hard fork took place on the Ethereum Classic network. The update is aimed at ensuring compatibility with the Ethereum blockchain (ETH) and was activated at 06:26 UTC on a block of 9,573,000.

According to etcnodes.org, about 57% of nodes took part in the update:

Ethereum Classic network hosted Agharta hard fork

“As expected, the fork went very smoothly with a high degree of participation of the updated Parity-Ethereum and Multi-Geth nodes,” ETC Cooperative Executive Director Bob Summerville wrote.

At the same time, he noted that, contrary to recommendations, most Classic Geth nodes (about 87%) did not update the software and now will not be able to maintain consensus with the network.

“I assume that many of these nodes belong to the operators who launched the new nodes, while retaining the old Classic Geth nodes,” - added Summerville.

Agharta is the logical continuation of the September Atlantis update and adds Ethereum operation codes integrated into the ETH network with the hard fork Constantinople in ETC.

Following the termination of support for Geth Classic, Parity Technologies will become the main major customer in the Ethereum Classic network, which is expected to account for about 75% of nodes.

At the time of publication (15:00 Moscow time) Ethereum Classic with a capitalization of $ 636.5 million takes the 20th place in the ranking of CoinMarketCap. The coin is being traded in the region of $ 5.47, having lost about 1% in price over the past 24 hours.