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ConsenSys Developer Tapped to Become Executive Director of Ethereum Classic Cooperative




Ethereum Classic Cooperative gained another prominent personality as Bob Summerwill, a developer at blockchain tech company ConsenSys, joined as its executive director.

This is according to an official announcement that was released on January 29.

The Ethereum Classic Cooperative handles the development and advancement of the Ethereum Classic (ETC) cryptocurrency’s protocol. Ethereum Classic is the product of a hard fork a few years ago, surfacing out of differences into how to respond to the high-profile DAO hack of the Ethereum (ETH) blockchain.

The announcement indicated that Summerwill would develop relationships that push the mission of the organization and grow ETC’s development and community. Summerwill would also help out ongoing ETC projects such as peaceBridge, a bridge that transmits ETH and ETC between two networks; and Kotti, an upcoming proof-of-authority testnet.

Summerwill said:

“I would like to heal the wounds of the past, and to help everyone get past this zero sum thinking. I would like the ETC community to be seen as it actually is, a strongly principled group of people who develop useful technology, rather than an ideologically driven group of zealots with no technical development.”

Earlier in the year, Ethereum Classic developers relayed that a mining pool claiming over half of the network’s hashrate was “most likely selfish mining.” The devs unequivocally remarked that the initially noted hashrate consolidation was not a 51 percent attack, and that supposed double spends were not identified.

Coinbase had released a blog post claiming that it “detected a deep chain reorganization of the Ethereum Classic blockchain that included a double spend” on January 5. Coinbase provisionally ceased deposits and withdrawals of ETC.

At the moment, Ethereum Classic is the 17th largest cryptocurrency by market capitalization, according to data from CoinMarketCap.

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