Vitalik Buterin Weighs in on the Ethereum Classic Blockchain

Journalist:
July 26, 2016

Ethereum creator Vitalik Buterin has addressed the no-fork blockchain Ethereum Classic which follows the protocols and consensus based on the Ethereum platform prior to the recent hard fork.

In a telling statement via a blog post today, Ethereum creator Vitalik Buterin revealed that the foundation that continues to develop and support the Ethereum blockchain will commit to the hard fork decision taken by miners. Buterin called the hard fork community consensus as an “admittedly difficult” decision.

Buterin also added that the foundation will not oppose or hinder any efforts to use the Ethereum code to create other blockchains or, for that matter, “the community effort to continue the no-fork chain”, known as Ethereum Classic or ETC.

Clearing any lingering uncertainty, he stated that the Ethereum Foundation will focus its resources and attention on the fork chain known as ETH, while adding:

That said, we recognize that the Ethereum code can be used to instantiate other blockchains with the same consensus rules, including testnets, consortium and private chains, clones and spinoffs, and have never been opposed to such instantiations.

Buterin also stated that the foundation encouraged the Ethereum Classic community to consider a secondary hard fork as a means to avoiding any replay attacks by changing transaction formats.

The public post will provide a sense of clarity to the Ethereum community which has seen uncertainty in recent weeks following the DAO attack. The hard fork which was executed a week ago was borne out of a community consensus as a solution to recover investors’ funds from the DAO attack.

Following the hard fork, the Ethereum Classic project was announced and stemmed from a community of members who came together to implement the Ethereum blockchian’s original consensus. The ETC community believes that their blockchain will stick true and guarantee the survival of the original Ethereum vision.

Featured image from Ethereum.

Samburaj Das @sambdas

Samburaj is the Editor for CCN, among the earliest and foremost publications covering financial and blockchain news. He has authored over 2,000 articles for CCN. Email him samburaj(@)ccn.com or find him barely tweeting @sambdas