Cryptocurrency

Ethereum Classic and Its Projects Linked to Interoperability

Ethereum Classic (ETC) made a real difference and improved its blockchain to the high standard. The ETC Labs had meanwhile been an important factor in Classic’s development into a powerful asset.

The Ethereum classic is a blockchain platform for the next generation for new internet infrastructure. The way information and value is shared in the digital economy can be dramatically improved, thereby releasing trillions of dollars in untapped economic surplus.

Ethereum Classic is concentrating most of its research on interoperability, with four major projects already taking place.

  1. The OpenRPC specimen defines a standard, language-diagnose description of the programming interface for JSON-RPC 2.0 APIs that enables people and computers to determine and understand services’ capabilities without requiring source code access, extra documentation, or network traffic inspections. A customer can understand and connect with the external service with minimal implementation logic if properly defined via OpenRPC. Similar to the interface descriptions for programming of low levels, the OpenRPC Specifications eliminate guesswork when a service is called.
  2. Metronome is built upon previous cryptocurrencies’ lessons and improves self-government, long-term reliability, and maximum portability. Metronome, which is built by leading figures in the field and supported by a range of partners and consultants, is designed to meet the high standards of the cryptocurrency community and exceed them.
  3. peaceBridge is the first solution that integrates the challenge functionality into the interface. To our knowledge, this leads to opaque security mechanisms that encourage dedicated, informed users on the front. The automated challenge can also play a role in future iterations and always-online watchtower services.
  4.  TokenBridge allows users to transform tokens within ONE user wallet from a blockchain network based on ETM (Ethereum virtual machine) to another EVM-based network. Tokens are locked into one network, and the other network displays them. Users may use any compatible wallet to store, exchange, and spend these tokens.

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Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.
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