January 29, 2023

Vitalik Buterin hinted at the possibility of a merger of Ethereum Classic and Ethereum 2.0

Integrating the Ethereum Classic blockchain into the Ethereum 2.0 ecosystem as a separate shard is technically feasible. About This was stated by Ethereum co-founder Vitalik Buterin, Trustnodes writes.

“You can use the same merge process toImport the ETC state that you plan to use for ETH. The ETC runtime code will set the exchange rate relative to ETH in the Beacon Chain based on the exchange rate at the time of the merger or using any other pre-established formula, " He wrote in a thread on Reddit.

In addition, such a shard will allow you to copymechanisms for the functioning of various blockchains, as well as implement various sets of rules to create runtime environments that meet the needs of users.

Buterin believes that after the transition of Ethereum toThe Proof-of-Stake algorithm, the appearance of another ETH chain along with ETC may be excessive, and therefore does not exclude that ETC holders may want such a merger, because if this scenario is implemented, they will receive a proportional number of ETH coins on their wallets.

Buterin emphasized that the question of community readiness for such innovations remains open.

On January 12, the Ethereum Classic network hosted the planned Agharta hard fork, aimed at ensuring compatibility with the Ethereum blockchain.

In April 2019, ETCDEV developer Donald McIntyre announced that the mutual integration of Ethereum Classic with Ethereum would create a truly secure and efficient blockchain.

In turn, the developers of the Ethereum networkDuring 2019, eight major network updates were carried out to move to a new stage in the development of the ETH 2.0 project, which provides for further migration to the Proof-of-Stake consensus algorithm.