The OKEx cryptocurrency exchange has announced its support for the next Atlantis fork of Ethereum Classic (ETC).
In a post published on September 10, OKEx announced that the exchange will support the ETC fork, which is estimated to take place between September 12 and 13, 2019 at a height of block 8,772,000.
OKEx warned in the announcement that during the planned period, users must deposit their ETC in OKEx in advance as the exchange will handle related technical matters. ETC accounts of users will not be affected.
OKEx said it will resume services once the main ETC network is stable.
In order to improve functionality
As previously described in Cointelegraph, Atlantis is expected to be a consistent and unhurried update that ensures ETC compatibility with Ethereum (ETH), which will facilitate collaboration with sister block chains. The fork is also expected to improve the functionality and stability of ETC.
Atlantis will supposedly provide broader capabilities for interoperability between blockchain and off-chain scaling protocols. ETC Labs, which actively contributed to the Atlantis project, told Cointelegraph in June:
"The community has had a series of meetings to discuss the calendar, scope and participation, and we have decided on the direction and calendar of the liberation of Atlantis. So, the decision was made and the community and stakeholders are moving forward ".
According to Atlantis' proposal on GitHub, "establishing and maintaining interoperable behavior among Ethereum customers is essential for developers and end-user adoption, which provides benefits for all participating chains (for example, ETH and ETC , Ropsten and Morden, Görli and Kotti) ".
Big questions about ETC security
In January, ETC developers were alerted to a possible network attack by the Chinese blockchain security company, SlowMist, which was broadcast to the general community via Twitter. A tweet from the ETC Twitter handle, which has since been removed, speculated that testing new 1,400 / Mh ethash machines by the manufacturer of specific application integrated circuits, Linzhi, could have been a potential cause.
Subsequently, Coinbase also detected what he described as a 51% attack. Next, the company interrupted all ETC transactions.
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