Vitalik Buterin: Ethereum Classic can be added as a separate shard in Ethereum 2.0 The Ethereum Classic blockchain can be added as a separate shard in Ethereum 2.0, said the founder of the project Vitalik Buterin.
Vitalik Buterin: Ethereum Classic can be added as a separate shard in Ethereum 2.0
Ethereum Classic blockchain can be added as a separate shard in Ethereum 2.0, says project founder Vitalik Buterin.“Technically, it’s quite possible,” he said in a thread on Reddit.. "You can use the same merge process to import the ETC state that you plan to use for ETH, and then the ETC runtime code will set the exchange rate against ETH in the Beacon Chain based on the rate at the time of the merge or some other predefined formula.".
Shards in Ethereum 2.0 are defined as separate chains supported by their own clusters of nodes and tied to the main Beacon Chain. Such shards are expected to allow different sets of rules to be implemented to create custom runtime environments or to replicate the functioning of other blockchains, such as the bitcoin blockchain..
Earlier, the developers of Ethereum Classic decided to take a course towards rapprochement with Ethereum and conducted several hard forks designed to introduce into their codebase the changes that were implemented in Ethereum at earlier stages. With the transition of Ethereum to Proof-of-Stake, however, Ethereum Classic, whose developers say they are not going to abandon the Proof-of-Work mechanism, may lose this aspect of its positioning as a valid alternative to the PoW chain. Thus, an additional vehicle for transferring ETC to ETH is likely to interest cryptocurrency holders..
“Another question is whether the community members will want this,” Buterin adds..
Ethereum Classic more than doubled last week and temporarily surpassed the $ 11 level, making it one of the top ten crypto assets. At the time of publication, the cryptocurrency is trading at $ 8.50.
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