Ethereum Classic's Next Crypto Code Upgrade Set for September

In a public call Thursday, Ethereum classic developers recommitted to releasing a system-wide upgrade, or hard fork, to the blockchain's main network in September.

Atlantis, paired with a later upgrade called Agharta, is intended to boost chain interoperability between the ethereum classic and ethereum networks.

Ethereum classic is by far the most infamous and long-running competitor to the ethereum blockchain.

Created in 2016, ethereum classic is essentially a version of the ethereum blockchain that did not restore stolen funds back to users following a major code exploit in the DAO - a now-defunct smart-contract-based funding vehicle.

While ethereum classic doesn't come close to matching the near $30 billion valuation of the ethereum blockchain, it is one of the top 20 performing cryptocurrencies in the world by market capitalization.

What's more, ethereum classic developers are now working towards updating the network to resemble a feature set that mimics the ethereum blockchain more closely.

Earlier this month, San Francisco-based startup Ethereum Classic Labs announced in a blog post its intention to implement Atlantis on the ethereum classic mainnet by July 1 instead of the previously agreed upon activation date for September.

Ethereum Classic Labs maintains the most popular software client implementation of ethereum classic, called Classic Geth.

In light of the communication that went out for a July 1 hard fork, ethereum classic developers reached consensus that same day to speed-up testing for the Atlantis upgrade.

Last week, members of Ethereum Classic Labs, including CEO Terry Culver, were resistant to the idea of delaying an August activation of Atlantis.