ethereum, ether, cryptocurrency

Vitalik Buterin, creator fo the second most popular cryptocurrency Ethereum, published a statement, which reiterates that the Ethereum Foundation, supporting development works on the ethereum protocol, will also support the version of the ethereum blockchain, which includes a hard fork for enabling the investors to recover funds lost in the collapse of The DAO.

The Swiss organization Stiftung Ethereum, but known under its abovementioned English name, established in the year 2014, has not provided any comments during the previous months, when the community was looking for ways how to move forward from the collapse of The DAO. For a brief time, DAO was the platform’s most prominent project, keeping at one time $160 millin in investor capital denominated in ether, digital currency of the organization.

Now there is uncertainty after the statements, if the Ethereum Foundation is about to support both the primary ethereum blockchain, as well as Ethereum Classic. The organization has decided for the hard fork option during the previous week, stating that it would not seek to hinder progress on any alternative ethereum projects, such as Ethereum Classic.

According to Buterin (in the statement):

“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 spin-offs, and have never been opposed to such instantiations.”

Buterin also encouraged the Ethereum Classic team to execute an additional hard fork that would guard its blockchain from repeated attacks by transfer of classic ethers to new accounts on the alternative blockchain.

The market has still mixed feelings about the solution, as some asked for higher transparency, the other showed support for the Ethereum Classic as an implementation of the protocol that best represents the values of the ethereum project as a whole.

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