Ethereum Classic developers revealed in a new post earlier in the month that the network would undergo a major upgrade in July.
In line with keeping up with Ethereum, the new upgrade will focus on saving gas fees.
Etheruem Classic is set to implement some major upgrades that will help the network keep up not only with Ethereum but new generation platforms. In a blog post, developers outlined the major upgrades that have since been dubbed by the community as ” Magneto Upgrade.”
The Magneto upgrade comprises of some of Ethereum’s Berlin upgrade that was successfully implemented about a year ago. In it are features that will enable the network to optimize gas and transactions which not only reduces the cost but also enhances security. Tests on these upgrades are already ongoing and upon success are set to be deployed on the mainnet. According to preliminary dates, this is set for late July.
Please prepare for the #EthereumClassic Magneto hard-fork upgrade expected at block 13_1
