Connect with us

Ethereum

Mantis now fully supports Ethereum, says Cardano’s Charles Hoskinson

Priya

Published

on

Mantis now fully support Ethereum, says Cardano's Charles Hoskinson
Source: Unsplash

On January 23, Charles Hoskinson, the Founder of IOHK and the co-founder of Ethereum, made an announcement pertaining to two communities, the Ethereum and Ethereum Classic community.

He announced on Twitter:

“Mantis now fully supports Ethereum: github.com/input-output h Let me know what you think”

The announcement related to ETC Mantis client was made in the year 2017. The client is created from the scratch with the Scala programming language, and by the IOHK developers team dedicated to Ethereum Classic, Team Grothendieck. The main agenda of Mantis is to have a client for Ethereum classic, from scratch.

In their official announcement on Github, the team has stated that Mantis 2.0 will be focusing on the improvement of general performance and introducing complete network support for Ethereum. This new version was tested on the latest version of Windows and macOS, prior to the release.

The team further stated that this version provides support for CPU mining, peer discovery, fast sync, regular sync, Moreden and Ropsten testnets and private network, Ethereum classic and Ethereum networks, and ethminer integration.

adamaid_321, a Redditor said:

“Exciting – great to see another client out there and bonus points for using a (somewhat) functional language”

GoAwayStupidAI, another Redditor explained the whole update as:



“For a robust system multiple independent implementations of the same specification are valuable. Essentially this is reproducing the science. This is a new implementation of the ethereum specification. Which means it’s a wallet and full node for the ethereum network that behaves the same as other wallets and full nodes.”

He further said:

“In addition to providing valuable reproduction of science: by choosing Scala this enables applications written in Scala to use this as a library. (and other JVM languages to a degree) which will enable the development of more ethereum applications.”

In October, Ethereum Foundation made an announcement regarding their relationship status with the Ethereum Classic community, which had been shaky ever since the chain split caused by the DAO hack. The Foundation stated that they want to make peace with the community, and announced a donation of 15,000 ETC to Ethereum Classic Cooperative. During the same announcement, they also stated that IOHK’s Matis will be supporting Ethereum [ETH] as a part of the peacemaking.





Subscribe to AMBCrypto’s Newsletter




Follow us on Telegram | Twitter | Facebook



Priya is a full-time member of the reporting team at AMBCrypto. She is a finance major with one year of writing experience. She has not held any value in Bitcoin or other currencies.

Ethereum

Ethereum Classic [ETC] might boost security value of Ethereum, claims ETC’s Donald McIntyre

Biraajmaan Tamuly

Published

on

Ethereum [ETH] can be benefit Ethereum Classic as ETC might boost the security value of ETH, claims Donald McIntyre
Source: Pixabay

Ethereum [ETH] is one of the most proficient cryptos in the space and its wider adoption has become one of the most speculated and debated topics in the cryptosphere. Recently, Ethereum [ETH] welcomed a major partnership with Ernst and Young, which could signal the release of its new-zero proof technology on the Ethereum blockchain.

Despite such major developments, one of the major issues Ethereum and other major cryptocurrencies have faced is the addition of security value to their asset.

A prominent Ethereum Classic [ETC] proponent believes that the ETC network can assist the main Ethereum blockchain in improving its security.

Donald McIntyre, the manager of ETCDEV, an organization focused on the development of Ethereum, recently stated that the divergent functions of ETH and ETC could improve the relevance of Ethereum Classic.

McIntyre drew a comparison between ETH and ETC, terming the respective digital assets as a “sports car” and an “armored vehicle”. He drew this comparison to explain that ETH was fundamentally about scaling and performance, while ETC emphasized on high value and security.

He suggested that ETH was heading towards the identification of a network which would provide high speed and high transactions layers to meet high-performance applications, whereas ETC was based on decentralized computing and smart contracts between people and companies.

He added,



“In that analogy, ETC could even provide security services to high performance networks such as ETH. I think it would be a big advantage for both ecosystems [ETH and ETC] to analyze that possibility as it would likely minimize, in the context of a standards war, which means that only few networks will survive in the future.”

He further piled on the “unique characteristics” of ETC, stating that after ETH’s transformation to ETH 2.0, ETC would be the only non-fragmented, fixed monetary policy, PoW, and Turing-based blockchain.

He said,

“That is an extremely valuable niche in the industry that will be increasingly appreciated in the next few years as the layer 1 [L1] vs layer [L2] and security vs performance segmentations become more evident for market participants.”





Subscribe to AMBCrypto’s Newsletter


Continue Reading

Trending