- Ethereum Classic Labs has announced the creation of the Ethereum Classic Labs Core team
- The team will be dedicated to reviewing the Ethereum Classic network and will assist in various upgrades
- This comes barely a week after Ethereum Classic was hit with a 51 percent double spend attack
Ethereum Classic Labs incubator announced on the 14th of January that they have commissioned a team, called the Ethereum Classic labs core team entirely dedicated to the development of Ethereum Classic. The team will focus on developing core ETC projects and supporting the coin’s blockchain.
In the wake of the 51% attack
Besides the upgrades and reviews taking place in January 2019, the team will spend a lot of their time on chain monitoring, particularly in wake of the 51 percent attack that took place recently.
The announcement mentioned that the team will consist of a number of developers including Constantine Kryvomaz, Michael Collison, Mike Lubinets, Shane Jonas, Stevan Lohja, and Zachary Belford.
The team will work on the review of ETH Compatibility ECIP-1045 (Byz + Const HF) which is expected to help propose a part of Byzantine and Constantinople upgrades.
Upgrades will be made to EVM and SputnikVM to allow for Byz + Const hard fork as well as the embedding of Embedded SVM.
Other projects will include the ETC JIT Compiler and the EVM LLVM Backend.
The announcement also made mention of a new documentation website that will be of aid to new and existing developers.
Calming the Storm
The announcement has been called by some an attempt at damage control for ETC after the recent attack. They have also promised to refund customers who were affected by the attack.
They have promised that the new team will be on top of security going forward, saying “sufficient chain monitoring and chain analysis tooling are an immediate priority and we want to get this tooling available as soon as possible.”