Ethereum Launches
Vitalik Buterin and The Ethereum Foundation create the first blockchain-based turing-complete smart contract platform
Roadmap
This page outlines the history of Ethereum Classic and it's future development goals.
ETC Timeline
A brief history of the events that created and defined Ethereum Classic.
July 30 2015
April 5 2016
Slock.it Creates TheDAO
Slock.it construct TheDAO Ethereum Contract; a security audit is completed by Dejavu
April 30 2016
TheDAO Crowdsale Begins
TheDAO smart contract is deployed; members of the public send it value in return for DAO tokens
May 26 2016
Security Proposal
Slock.it announce a $1.5 Million USD proposal, paid in Ether by the crowdfund, 'to guarantee the integrity of The DAO'
May 27 2016
Moratorium Called
On the last day of the crowdsale, DAO curator Vlad Zamfir calls for a moratorium on TheDAO, citing many game-theoretical security issues
May 27 2016
TheDAO Crowdsale Ends
The crowdsale completes to become the world's largest and raising an incredible $150 Million USD
Jun 9 2016
Recursive Call Bug Discovered
Peter Vessenes publicly discloses the existence of a critical security vulnerability overlooked in many Solidiy contracts
Jun 12 2016
No Funds at Risk
Stephan Tual publicly claims that TheDAO funds are safe despite the newly-discovered critical security flaw
Jun 17 2016
TheDAO is Hacked
Ether is slowly and silently drained from TheDAO as the re-entry bug is applied
Jun 17 2016
Panic Hits the Markets
The price of Ether is slashed in half as Griff Green announces that TheDAO has been hacked
Jun 17 2016
The Countdown Beings
TheDAO's splitting mechanism gives around a month for a solution to be found that recovers the funds; Foundation and community developers race to implement a soft fork
Jun 21 2016
Robin Hood Group Announced
A group of 'white-hat' hackers secure 70% of TheDAO funds but protocol-level action is required to save the remaining 30% split by the hacker
Jun 24 2016
DAO Wars: Soft Fork Vote
The Ethereum Foundation releases a 'Soft Fork' client to censor transactions coming from the hacker; mining pools vote to enable it by lowering gas limit
Jun 28 2016
Soft Fork Vulnerability
Critical Denial of Service flaws are found in the Soft Fork implementation, miners quickly decide not to use it
Jun 28 - Jul 15
Hard Fork Debate
Many days of intense arguing goes on in the Ethereum community about the pros and cons of implementing a Hard Fork
Jul 15 2016
Hard Fork Spec Announced
The only remaining option is a controversial Hard Fork. A Specification is determined and announced by Slock.it and Ethereum Foundation members
Jul 15 2016
Last Minute Carbonvote
With 12 hours notice, The Ethereum Foundation use a controversial third party 'coin vote' to determine that the Hard Fork should be turned on by default; consensus is declared and an updated client is released
Jul 20 2016
DAO Bailout Hard Fork
With around 80% of nodes updating to the new client, the community nervously await the arrival of the Hard Fork activation block 1920000
Block 1920000
Mission Accomplished!
The community lets out a sigh of relief as the Hard Fork code is succesfully implemented with no obvious flaws; champagne corks are popped all over the globe
Block 1920001
Ethereum Classic is Born
With predictions of the original non-forked chain to disappear within hours, many are surprised to find that miners continue mining blocks and OTC trading of the original chain tokens gives them value
Jul 23 2016
Poloniex Lists ETC
The largest Ethereum exchange lists 'ETC' - Ethereum Classic; many exchanges quickly follow suit, ETC price peaks to 1/3 of ETH's
Jul 23 Onwards
Community in Disarray
Flame wars begin in the once peaceful /r/Ethereum and /r/ethtrader subreddits and economically-charged vitriolic spats begin to take hold of the community as it comes to terms with the split
Jul 24 2016
Ethereum Classic Community
The Ethereum Classic community begins to branch off from the forked-chain subreddits and form its own communication channels, including /r/EthereumClassic, Slack and Telegram
Aug 10 2016
RHG Strikes Back
The Robin Hood Group attempts to dump a large quantity of stolen ETC on the market. Poloniex freezes the funds. Uncertainty reaches an all time high
Block 2050000
Classic Declares Independence
Declaration of Independence on the ETC website is published stating ETC no longer wants to be in association with the Foundation
Aug 15 2016
Classic Rebuilds
The Ethereum Classic community begins to rally behind a stabilizing ETC price by rebuilding on the Classic network; this website is created, groups are formed, new ideas begin to surface
Aug 31 2016
DAO ETC unlocked
Millions of previously locked or frozen ETC become available to DAO token holders and DAO attacker. Despite predictions of doom and gloom, ETC price holds remarkably well in face of huge dumps
Oct 25 2016
Attacks and Upgrades
Both Ethereums are hit with non-stop network attacks; ETC devs quickly ensure smooth and uncontentious network upgrade to patch exploited vulnerabilities
Nov 1 2016
ETC Monetary Policy
Classic community starts debating ETC monetary policy and emission schedule, as a way to align interests of platform users, miners, investors and developers
Dec 11 2016
Grothendieck team
A team of 7 full-time developers, committed by IOHK, starts working for Ethereum Classic
Block 3000000
ETC Diehard Upgrade
ETC goes through a non-contentious network upgrade, resolving critical issues such as difficulty bomb and replay attacks
Feb 20 2017
ETCDEV Team Announcement
A team of long-term ETC contributors and volunteers rebrands as a ETCDEV team
March 1 2017
Monetary Policy Adopted
Ethereum Classic community adopts a fixed-cap monetary policy with a Bitcoin-like limited emission schedule
March 1 2017
ETC Investment Fund
Grayscale circulates investment thesis for 'Ethereum (ETC) Investment Trust', first non-bitcoin crypto fund targeted at traditional investors
Sept 2017
Birth of ETC Cooperative
ETC Cooperative legal entity was created Sep 2017 as LLC. Application for non-profit status was made May 2018 and approved Nov 2018, retroactive to the date of application
Â
To Be Continued
As Ethereum Classic community and its two independent dev teams start to focus efforts on development and applications, we look forward to ETC becoming a decentralized immutable public infrastructure of the future...
Drag to progress (or hold shift and wheel)!
Development Plans for 2019-2020
Ethereum Classic (ETC) is a blockchain and Cryptocurrency that takes digitized value further. Rather than just allowing people to send value to each other ETC allows them to create more complex contracts between each other that operate autonomously.
The goal of ETC contributors is to make ETC ubiquitous across the world with developers integrating ETC blockchain wherever they need. This will ultimately allow users to effortlessly experience blockchain’s benefits.
Please be advised that following plan is subject to change. This plan is preliminary and reflects only major steps, during the year unexpected challenges may surface, or it may pivot to a more optimal direction. Minor releases, maintenance, and experimental projects are not reflected below
Q1 2019
ETH Compatibility
The EVM and SputnikVM will be updated to support the Byz + Const hard fork.
Q1 2019
Embedded SVM
Embedded SVM will allow EVM and SputnikVM for embedded applications.
Q1 2019
Documentation website
A new documentation website will be provided to help new and existing developers. Embedded documentation in ETC tooling will be explored.
Q1-Q2 2019
Classic-Geth
Support and maintenance for Classic-Geth.
Q1-Q2 2019
JSON RPC Schema
Create ECIP for automated JSON Schema generation from Classic-Geth and Multi-Geth. This will reduce operational costs related to libraries. This improvement would make the DApp development environment more efficient by removing the need for RPC APIs such as Web3 or Emerald JS.
Q1-Q2 2019
Service Runner
A Service Runner API would help make DApp framework dependencies and integrations easier manage.
Q2 2019
DApp Deployment Tool
An easy to use GUI application for developers to deploy their DApps.
Q2 2019
UX / UI Research
Research will be performed to investigate the DApp development environment.
Q2-Q3 2019
Multi-network Explorer
An easy to use block explorer for DApp development which can be used with any Ethereum based network.
Q1-Q3 2019
ETC JIT Compiler
The ETC JIT compiler will translate EVM byte-code to native machine code. The JIT compiler typically reduces program execution time by a factor of 3–4x.
Q3 2019
Atlantis Hard Fork
Enable the outstanding Ethereum Foundation Spurious Dragon and Byzantium network protocol upgrades on the Ethereum Classic network
Q3-Q4 2019
Smart Contract IDE
An easy to use smart contract IDE and runtime environment.
Q4 2019
Multi-Geth
Continuous support and maintenance for Multi-Geth.
Q2-Q4 2019
EVM LLVM Backend
With an EVM backend target for LLVM, developers can use a large scope of programming languages other than Solidity to target the Ethereum Virtual Machine. An EVM backend target opens opportunities for source level debugging and exposes EVM interest to the LLVM community.
Q1—Q4 2019
Dev Tutorials and Guides
Continuous support new and existing developers with tutorials and guides.
Q1 2020
Agharta Hard Fork
Enable the outstanding Ethereum Foundation Constaninople and Petersburg network protocol upgrades on the Ethereum Classic network.
TBD 2020
Aztlán Hard Fork
Enable the outstanding Ethereum Foundation Istanbul network protocol upgrades on the Ethereum Classic network.