Tuesday, January 7, 2020

Vyper support comes to ETC!

We are delighted to announce that ETC Cooperative has funded the Vyper team to add EVM target versioning which was gating for ETC support.


Vyper previously targeted ETH Byzantium opcodes unconditionally.  These opcodes were missing from ETC until the Atlantis hardfork which happened in September 2019.  Now Vyper has support for three different EVM versions:

To select your target EVM, use vyper --evm-version whatever on the command-line.

At the time of writing for ETC mainnet that would be vyper --evm-version atlantis.

After this weekend it will be vyper --evm-version agharta.  ETC testnets are already Agharta-enabled.

Head over to https://github.com/vyperlang/vyper to see the work-in-progress or to https://vyper.readthedocs.io/ for documentation.

Congratulations to our friends on the Vyper team for this support and the raft of other features and fixes they just released.

https://twitter.com/vyperlang/status/1214614961386926081

Please consider supporting their important work via Gitcoin donations with a time-sensitive opportunity to boost their funding via CLR matching until 21st January.  Support our developers 🙂

https://twitter.com/vyperlang/status/1214616299025960962

 

Bob Summerwill
Executive Director
ETC Cooperative

 


ETC Cooperative | 250 Park Ave S, New York
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URGENT – ETC Agharta Update

At block 9,573,000 (estimated for 12th January 2020) we will hit an exciting milestone for Ethereum Classic with the Agharta protocol update.

Bookmark this dashboard to track progress:
https://etcnodes.org/agharta

Node operators must update their nodes to stay in consensus with the rest of the ETC network.  To be crystal clear, this is not a contentious hard-fork.   There is no group within the ETC ecosystem who oppose these changes.  "New coins" will not be created.  This is a routine protocol upgrade.  Here are links to the latest installers:

ETC Cooperative recommends Hyperledger Besu.

ETC Agharta adds the ETH Constantinople opcodes to ETC mainnet.  The addition of the CREATE2 opcode will have huge benefit, because it enables the use of many state channels implementations on ETC which depend on that opcode so we were not previously possible on ETC.

ETC support was added to Hyperledger Besu in December 2019 (funded by ETC Cooperative and implemented by ChainSafe).  The codebase has a world class primary team behind it in the form of PegaSys, has permissive Apache 2.0 licensing and mature IP protection and mature governance under the Linux Foundation.

In addition to ETH and ETC mainnet support (and Mordor and Kotti and Gorli) it also has EEA enterprise support.   All the ingredients are in place for this codebase to have a multi-decade lifespan, without the ability for changing business plans to derail it.

In comparison, Parity Technologies have announced their intention to transition ownership of Parity-Ethereum to a DAO, with their own involvement being scaled back considerably.  There is huge legal uncertainty here.  Barring a fork of Parity-Ethereum to Apache 2.0 prior to transitioning to the DAO, it makes no sense for ETC Cooperative to participate there, regretful though that decision would be.   I have faith that Parity Technologies will not make the same mistake twice, and condemn Parity-Ethereum to the same fate as cpp-ethereum.   Parity-Ethereum have enforced a CLA (contributor licensing agreement) and could very easily fork-and-relicense to Apache 2.0.  There is no issue on the IP protection front – just the enterprise-unfriendly GPLv3 licensing.   See my Ethereum Everywhere post from 2016 for more on the dynamics at play.

Similarly, the future for Geth and downstream is exceedingly uncertain IMHO, given the pending transition to ETH2.   That codebase also has same IP and licensing issues which hindered cpp-ethereum.  Unresolved today and exceedingly unlikely ever to be resolved, because these matters simply do not concern the maintainers.

We have a fantastic new dashboard to help us through the transition in the form of https://etcnodes.org, which was commissioned by the ETC Cooperative, hosted by Bitfly.   This is an ETC equivalent to the popular https://ethernodes.org website which Bitfly also host.

This main page shows all nodes seen by the crawler in the last 7 days, which shows Parity-Ethereum at over 50% of "market share":

The Agharta tracking page shows all nodes seen by the crawler in the last 24 hours, along with what proportion of those nodes are running Agharta compatible versions, including the deprecated Geth Classic client, which is end-of-life.   Anybody running Geth Classic nodes should migrate to one of the other clients.  Of course, we would recommend Hyperledger Besu.

Please join us on the ETC Discord to chat about Agharta and for any support you may need through this progress.

 

Bob Summerwill
Executive Director
Ethereum Classic Cooperative


ETC Cooperative | 250 Park Ave S, New York
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Kraken cooperates

To view this email as a web page, go here.
January 7, 2019
COSTLY DATA: Cryptocurrency exchange Kraken has said law enforcement requests for user data in 2019 rose 49 percent compared with the previous year. The firm’s co-founder and CEO Jesse Powell tweeted that the internal costs of compliance came to more than $1 million. Full story

NO THREAT: The chief economist at the IMF said digital currencies will not challenge the US dollar's role in global trade. In an op-ed for the Financial Times, Gita Gopinath said that although cryptocurrencies represented "intriguing possibilities," they lack the infrastructure and global acceptance needed to supplant the dollar. Full story

JAPANESE GIANTS: The company behind a massive new bitcoin mine in Rockland, Texas has announced its first customers, SBI Holdings and GMO. The two Japanese companies will rent capacity at the site, which is under construction, is expected to have a capacity of 300 megawatts when it becomes operational later this quarter. ThFull story

EASY DOES IT: Chinese internet giant Baidu has launched a blockchain-based service allowing developers and SMEs to build decentralized applications, or dapps. The new service, translated from the Chinese as Open Network, will enable users to develop and deploy applications without building their own blockchain platforms, according to local media reports. Full story

STEPPING BACK: Telegram will not integrate a crypto wallet into its messaging app, at least until it gets the green light from U.S. regulators, the company said Monday. The post – which stresses that Telegram’s token “won't help you get rich” – comes as the company fights the SEC in court over its ICO. Full story

BOTTOM IN? After a 15% rally in recent days, bitcoin saw rejection above the historically strong 100-day average resistance at $7,945 on Tuesday. The key hurdle could be scaled this week, though, as the daily chart is reporting an inverse head-and-shoulders breakout and short-term indicators are flashing bullish. Full story

ON TAP: CoinDesk is on the floor at CES, the biggest tech show in the world! Join us on Jan. 8 from 6 - 8 p.m. at G.O.A.T. Sports Bar in Las Vegas for an evening of brews, bitcoin and blockchain. We're looking for cool crypto companies to interview. Full story

WHO WON #CRYPTOTWITTER
 

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